altondawsey on Nostr: The Bitcoin Effect: Reshaping Entrepreneurial Motivation As a budding entrepreneur, ...
The Bitcoin Effect: Reshaping Entrepreneurial Motivation
As a budding entrepreneur, I've noticed a shift in my approach to business ideas. Pre-Bitcoin (P.B.), I'd meticulously analyze potential ventures. Now, in the After-Bitcoin (A.B.), I find myself questioning the value of traditional business models.
Consider this:
• P.B.: Idea → Cost-benefit analysis → Decision
• A.B.: Idea → "Is it better than investing in Bitcoin?" → Often, no
Example: Creating an ebook. The effort of writing, marketing, and hoping for sales often results in minimal profit. Instead, I'm tempted to simply invest in Bitcoin.
While this simplifies decision-making, I wonder: Are we losing incentives to create and innovate?
What's your take? Has Bitcoin changed your approach to business ideas?
#bitcoin #btc #entrepreneur #art #author #money #income #idea #thoughtful #business
As a budding entrepreneur, I've noticed a shift in my approach to business ideas. Pre-Bitcoin (P.B.), I'd meticulously analyze potential ventures. Now, in the After-Bitcoin (A.B.), I find myself questioning the value of traditional business models.
Consider this:
• P.B.: Idea → Cost-benefit analysis → Decision
• A.B.: Idea → "Is it better than investing in Bitcoin?" → Often, no
Example: Creating an ebook. The effort of writing, marketing, and hoping for sales often results in minimal profit. Instead, I'm tempted to simply invest in Bitcoin.
While this simplifies decision-making, I wonder: Are we losing incentives to create and innovate?
What's your take? Has Bitcoin changed your approach to business ideas?
#bitcoin #btc #entrepreneur #art #author #money #income #idea #thoughtful #business