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RE: Getting a business going on Steem: 100 Steem Business Plan Competition!

in #business6 years ago (edited)
There's a lot of starry eyed devs I met that want free things to take over the world, but if I have a central takeaway from this post it would be: it's ok to charge money for a good product or service! Honestly, if you want your business to change the world it can't simply rely on a little bit of curation rewards or even a moderate amount of rewards with a Steemit delegation. You have to actually sell something that people want. You have to collect more money than you spend. You have to make an actual business.

If you want to change the world it's going to take some funds. Curation isn't going to scale well enough to help you significantly. You're going to have to earn it like everyone else in the world. Steem makes a lot of that easy, but there's some stuff you gotta do.

This is key. Relying on rewards and having a bunch of speculators foot the bill isn't going to be able to take us very far. Generating fiat income streams are absolutely necessary to support the price of STEEM in the long run.

$rewarding 50% 12 min