Thursday Night Live - Stock & Flow Meets Active & Passive
(Edited)
We have spoken a lot in the past about the importance of both stock and flow content...
We cannot get to create our stock content, until we go through the motions with our daily flow content.
And tonight we argue...You cannot get to your passive income, until you build up your active income.
This is so true in building online businesses and we share with viewers 3 tips to help them build up the active, that can transform into the passive.
Hope you enjoy the show :)
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Comment, Create and Curate. I obviously do the first and third one a lot but not really the 2nd one as much.
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I can understand that when markets are turning red, the fascination seems to ebb out but that's when it's interesting to be active on the blockchain. It's on these days that ctpsb has always high voting power and it's the same for all the other curators. Being active when things are not too exciting,that's when you make nice post rewards!
the vid doesn't work for me. Anyway by stock content do you mean evergreen content ?
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I like that you stated "Show up everyday with a long term vision" I am doing halfway decent with the commenting and curation. I just need to improve the quality and number of my creation.
Thanks for going over the stock and flow content concepts. The more I hear it the more I get it. So what becomes your stock content is what gets you the passive income over time. And the flow content gets you known, liked and trusted. But consistency is the key for all of it.
Summary:
The episode discusses various aspects of generating passive income through blockchain technology, particularly focusing on the Hive blockchain. The hosts delve into running a Hive Engine witness node, the financial implications, challenges faced, and the importance of balancing active and passive income. They also highlight the concept of stock and flow content in content marketing and the benefits of participating in blockchain communities like Vim.tv. The episode emphasizes the need for consistent and active engagement to build sustainable passive income streams and offers practical guidance on maximizing earnings within the blockchain ecosystem.
Detailed Article:
The episode delves into the dynamics of generating passive income through blockchain technology, with a specific focus on the Hive blockchain. The hosts kick off the conversation by sharing their experiences running a Hive Engine witness node. They shed light on the challenges faced due to limitations on API calls, emphasizing the financial implications of being a witness and how votes impact earnings. This discussion provides valuable insights for individuals considering venturing into node operation within the blockchain space.
Furthermore, the hosts explore the concept of passive income in online businesses, using the operation of a witness node as an analogy. They delve into the costs and time required to see returns on investment, highlighting the distinction between passive and active income. By drawing parallels between passive income streams and content marketing strategies, specifically stock and flow content, the hosts offer a comprehensive view of income generation in the digital realm.
The conversation extends to the promotion of Vim.tv, a blockchain-based streaming platform, encouraging viewers to transition from traditional platforms like Facebook. The hosts underline the benefits of blockchain communities and the engagement opportunities they offer. By sharing their endeavors to attract more viewers to Vim.tv and interact with the audience during live streams, they exemplify the active participation necessary to foster passive income growth in the blockchain ecosystem.
Moreover, the episode emphasizes the significance of balancing active and passive income streams. The hosts stress the role of active income in supporting the development of passive income, highlighting the consistent effort required to establish and maintain passive income sources effectively. They underscore the role of active engagement on the Hive blockchain in generating passive income through mechanisms like high power and delegation, emphasizing the importance of consistency in activities like posting and commenting.
The transcript also touches upon the accessibility of blockchain technology without the need for significant financial investments. The hosts encourage individuals to join blockchain communities for support and guidance in initiating passive income streams, leveraging the willingness of experienced members to assist newcomers. This insight provides a practical entry point for those looking to explore income opportunities within the blockchain ecosystem.
In conclusion, the episode serves as a comprehensive guide for individuals interested in leveraging blockchain, particularly the Hive platform, to cultivate passive income streams. By offering practical strategies for maximizing earnings through active participation in content creation and engagement within blockchain communities, the hosts empower listeners to kickstart their journey towards sustainable passive income generation. The speakers' enthusiasm for the potential of blockchain platforms resonates throughout the discussion, motivating viewers to seize the opportunities presented by blockchain technology for income generation.
Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.