The Opportunities the Internet Provides

Transcript

Building an indie business in the center of venture capital. I am Alex Edm0nds, also known as supremerumham on the internet. And this is the building indie business podcast. Alright, so for this episode. I, I got some ideas from the episode of Brendon, I talked about how the Internet provides opportunities. And I want to go into detail about that for this episode. So, for this episode, I'm going to be talking about how things were before, for certain like industries. And then I'm going to talk about how you can do it now. Right, so I'm going to be talking about how, like writing books, podcasting, music, art, buying and creating art, investing, learning, networking, and jobs movies. So yeah, that's, uh, let's get into it. Alright. The Internet creates DIY opportunities. So, for writing the book, you had to get a book deal. Pay editors have the deal. Not, I was gonna say the label, but a third thought the housing company. Oh, the publisher, publishers, the word I was looking for the publisher markets it. They take a cut of the profits, and you're making $1 book, right. So now with the internet, you start a free blog, you collect people's email, you write the book on Google Docs, you edit it with Grammarly. You use Photoshop to create the cover, you sell it with stripe checkout sub stripe. You sub stack to, you know, distribute your stuff. And then your published author. Right. You can do all that yourself. Right. So then for podcasting or no. So before podcasting, you, you were on the radio, right, that was the, the pre podcasting version of the podcast, and you needed $15,000 to start a radio station. Right, so that's just to start. So now you can start a podcast for the caustic Peroni and a mic. Yeah. And then, yeah cronies $20 a month, and you can get a mic for $30. So $50 for a month. Okay, so before with music. You got a record deal. Um, you let the record company take 51% of everything. Literally everything. And then you toward right and they covered all that. And they kept touring to make that money. So now you record your your CD Baby, you get on Spotify, put your music on YouTube, you grow your audience, you pre sell your tickets, and you perform, wherever you sell enough presale tickets. Right, so that's how it is now. Okay. Before for buying art. Yeah, to be super rich. And that's about it. Because you're buying paintings that cost $40 million. Like not even someone who makes a million dollars could be involved in art. Right now, you can buy fractional shares of famous art pieces. And I keep talking about art and mentioning art and that's because I am writing my next revenue research piece about art. So you're gonna hear more about it. Then there's creating art, and four. You're restricted by physical limitations yeah to use Canvas. Yeah, to use sculptures. Painting on walls, and that's all you could do, right, and then you needed to be in a gallery to gain exposure, Because before what you were doing was selling to your local community, and hoping that people would people like walking by, or, you know, would see your art like it and buy it. And that's how you supported yourself as an artist, but now with art, you can create art in different mediums, you can do Photoshop, you can do like 3d stuff. And then you can get exposure, using online platforms. Right, social media, things like that. And then you can have people that enjoy your art support you through crowdfunding. So, you know, every month, gave you a couple dollars. And that's how you are able to focus on art, full time. Right. And then now, with NF T's, you can get paid every time your art piece gets resold, which is something that didn't happen before you'd only make money on the first sale, and then your art would keep getting sold all the way up to $44 million. Right. Okay, so before with investing. You had to be accredited and this is for like investing in companies, or. Yeah and like startups, you had to be accredited, also known as be rich already. So now these startups can raise money through crowdfunding. and that allows people to invest. Like, even $100 in a startup. So yeah, that's how things change for investing. So before with learning, you had to go to school, read books, and now you can learn through YouTube or blog posts. Yeah, so a different way of learning, instead of a professor teaching you you'd learn from the person on YouTube. And instead of a book, learn through blog posts. Okay, so before, networking and jobs. Yeah to rely on your local community. And now, on anyone on the internet, basically. So I just finished hanging out with Brendan, and I met him through maker log, right, and we actually met up in person and he's been helping me a lot with all my stuff. So yeah, that's, that's another one. Okay, so before. Invest in the public markets, You needed a broker and your broker would invest the money for you. And then he'd like make you he'd let you make some decisions, but the most of the decisions were made by Him. And now, you can download documents from a website of the different companies that you want to invest in download their 10k their 8k. Look at their, their financial stuff and do the research yourself, download an app, and buy the stocks, right. You removed a layer of a barrier. Right. And then, finally, for movies. Movies need financing distribution equipment, software, and now, someone who wants to make movie can create a trailer. Use the trailer to create a crowdfunding campaign, use software to edit the movie and distribute the movie through YouTube. I wanted to bring up these basics examples because this shows that, you know, there are opportunities on the internet that were inaccessible to people before. Right, and these are perfect examples of things, some of these things I've experienced myself. Right. So, I'm writing a book. I've done that, the podcast, um, clearly if you're listening to this, you know, I am. Yeah, I, I've been recording things right, um, music I'm helping my friend, with, with his album right now. I'm researching art right buying and creating art, Um. Same thing with investing network networking I've experienced that too. Um, yeah. So, there are opportunities for people on the internet to create their own stuff, right, the barriers are lowered for people on the internet. Right, so I just wanted to point that out for people, so just in case they want to. They don't have the confidence to create their own stuff, or they think there are a lot of barriers, There, there aren't a lot of barriers anymore. Like, $50 can get you somewhere on the internet, right, because it cost me $0 To create the book. It cost me $30 To create the podcast, to help my friend with his album that cost me $50 I'm buying art is a little different. Creating art. I used to create T shirts, and that cost me nothing. Up front, I, I had to pay the fees but that was only after sale happened. I'm investing. That's a small amount depending on, you could do it for $100 I'm serious. I'm learning things so I learned, I learned how to produce a podcast, I learned HTML, CSS, web development, I learned, Photoshop, all on YouTube. That cost me nothing and I was able to create art on digital art, create podcasts, write a book. What else is there. Oh yeah, invest in the public markets. I I do that using the internet to write, I, I find a company, and that that I want to invest, I find I find an industry I want to invest in, and then I research, I look for their financial information and I compare between the top things in the industry, right, or the top companies in industry, right. So I was looking at, what is it called data centers and I knew every company that was public involved in that industry and I researched it, and I looked at some of their all of their information. And I compared on each company to the information I was looking at, and that's how I decided to invest in that industry. And I use fidelity. I bought the stock and doing pretty well. I should do an episode about my portfolio, but later. Okay. Um, yeah, that's, that's, I think my point got across the Internet creates DIY opportunities. Okay. Thank you for listening. Have a nice day. Bye.