Walk This Way, Run-DMC
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A Thank You Economy
Reach, connection and relationship is crucial to your success, whether you are an industry professional, artist, writer, problogger, or whatever. Social Media provides that channel – be it Twitter, Facebook, Linkedin, FourSquare, a blog or some/all of these together.
Tim O’Reilly sums up the nature of social media here. He says that, “you gain and bestow status” through those you read, mention, retweet, recommend, like, comment…
This is the engine of the thank you economy.
In the thank you economy, dismissal, neglect and omission are punishment.
In O’Reilly’s words: “Obscurity is a bigger problem for authors than piracy.” Read the rest of this entry »