I was reading one of those wealth books, whose name escapes me now, but I believe Kiyosaki and Trump were both discussing what it takes to be rich. They said that the level of complexity increases in your life even though the basic model is still the same: own a business or invest. That’s because both Trump and Kiyosaki believe in the cashflow quadrant where you only get rich learning how to make use of other people’s money or time, not your own. You can’t really do that if you are self-employed (with no employees) and/or an employee of someone else. So, I’ve noticed recently my life is becoming decidedly more complex and I’m wondering if it is because I am learning how to go to the right side of the cashflow quadrant or because I’m not very efficient. Probably a little of both, since I’m learning. The thing that has really made things very complex right now, is my re-enchantment with social networking.
The last time I visited a social networking site was when I had my very successful blog on WritingUp and the entire site went down and never recovered. I was left without any contacts from all those people I had spent several years of my life with and no way to contact them. So, I started looking online and found some of them on MySpace, but very few. I put up a profile and found it to be too complicated and too lengthy a process of keeping in touch and frankly, I had a Master’s program to do and tons of freelance work. Why the heck would I want to waste my time diddling with MySpace? It seemed to be taking up huge loads of my time and providing no return on it. Definitely on the wrong side of the cashflow quadrant.
Now, I am ghost-writing a whole lot of freelance ebooks on generating income online with social networking, and one of these places is Facebook. Facebook? I didn’t even know what it was until I did all the research and now I’ve changed my mind. I’m beginning to see how to leverage places like MySpace and Facebook to do Internet marketing, but it is a much more complicated model than conventional marketing. It takes patience and it means you have to learn as you go. However, they do very well in helping you develop a list of contacts in your niche market and finding out what the market wants or needs. You can’t spam anyone, and I wouldn’t want to anyways. That was one of my major complaints with places like MySpace in the past: people trying to grab your attention all day long while you had better things to do. Social networking has evolved to the level where the workload of keeping in contact is now more distributed and easier through applications and templates. So, the initial work is the most you do and the rest is fairly straightforward. Then, people interested in you or your products can do the work of marketing for you and that’s definitely on the right side of the cashflow quadrant.
So, now I have a blog, a website, two social networking profiles, several freelance writing profiles, many emails, and I can’t even tell you how many usernames and passwords I have to keep track of. Thank God I figured out how to do that! Otherwise, my head would really be spinning! Why am I doing all this? Well, for one, it’s nice to keep track of everyone I meet and I meet a ton of people in my day-to-day life. The people online are not even the tip of the iceberg. I have a very poor memory and these social networking sites are ideal for people like me who have to rely on technology or systems to help us keep in touch without sounding like morons for forgetting things. It’s just hard to keep up with who does what when you have hundreds of people you’ve met in your life. I’m still trying to figure out if I can contact people in different countries as I believe I’ve lived in over 14 different countries by now and most of the 50 United States. You know how big my contact list would be if I had started earlier? But, that’s not the point, the point is that all those people could end up helping me build my business and expand my social life, if only I could keep track of them all and social networking is a great way to stay in touch and let people know what you are up to, whether it is writing a book, teaching a course, or selling tupperware. And, you don’t even have to email them directly to do that anymore. They can just become a permanent friend on one of these sites and the system does it all for you! It does complicate things having various profiles online, but you have to realize how much more complicated my life would be if I had to keep track of everyone manually to build a bigger business. I would never be able to do it all without hiring a personal assistant. So, yes, I am complicating my life, but I am also laying the groundwork for a great business opportunity.
I will write more about what I learn on these sites as I go along…
Image courtesy of Flikr Creative Commons license by scarleth white (click image to see some of the fun coding they put behind the picture. It really makes a visual impact! Once in Flickr, just mouse over to see the comments on each individual picture in the grand collage.)