As I have pushed for an eternity, Hive is about ownership.
When a company has an open position, they have something very specific in mind and it is a pre-defined role with relatively known skill set demands, prerequisite training and job tasks. Very few openings are "do what you want and we will pay you for it" kinds of gigs. The reason is that a job function is designed to work alongside and complement other functions to offer something perceived as valuable to customers, making the job that needs to be done by default, valuable. This means that a person can get paid for adequately fulfilling the defined job responsibilities handed them, without too much thought as to precisely what they should do.
Hive doesn't have employees. It doesn't have defined tasks. It doesn't even have a clear target market. It is all user defined.
This doesn't mean there are no open positions, it is quite the opposite, all positions are open. Effectively, every user who comes onto Hive is self-employed, writes their own job description and sets their own tasks and while there is plenty of, "do what I want and get paid for it", the reality is that one also has to consider what they are offering to their potential customer and whether it is going to be purchased in some way. This is a challenge for many as while they like to get paid for their job, without actually doing a job on Hive, the chance of getting paid is slim.
Producing content for example is a job and actually one I get paid for in the real world too to some degree, but what I get paid for is content that is either customer specific (customer pays for specific content) or, customer generic (company pays for content and sells it to customers). Much of what I create I actually also use in training sessions, which gets charged by the company also - but I earn a salary. While I earn, the company makes more money off my work by offering me a narrow function and stability - I don't have to do the accounting or chase customers, I don't have to code the software or create marketing material - I do my job, I get paid.
It is quite different in my own business, because as a one-person company, I have to perform all functions myself, except for the accounting which I outsource to an accountant, which is expensive, but necessary. This is not only difficult, it is very time consuming to be trainer, marketing, sales, IT dept and every other required function that needs doing. These are the many roles of a small-time entrepreneur and there is no "go home at the end of the day" as home is work, work is home.
Which one is more rewarding - the one working for someone else, or the one working for myself?
If I could only choose one, I would choose working for myself as while much harder, I have responsibility and ownership of my job. This is something that a lot of people don't understand as employees when management change their job - they are confused on the "their job" part. An employee role position is owned by the company, not the employee. When people say "my job" as an employee, what they actually should say is, "the set of tasks I am hired to perform". No one owns their set of tasks, unless they also own the company that owns the role.
This is what is so attractive for me on Hive and also likely what is such a challenge for so many on Hive. People intuitively know that when they have a job, performing the job tasks is required to get paid and if the job doesn't get done, the pay will stop. However, since there are no clearly defined job tasks, nor are there any managers or employers, people can choose for themselves and many do not seem to recognize that just like the company who offers narrow skilled jobs, they have to offer perceived value to the market.
This is a massive challenge for most users as very few people have a clear idea of what is valuable at all and therefore a user has to "pick a lane" that they think will provide a valuable function, with most picking what they are good at or enjoy. This is much like flicking through the job advertisements and circling possibilities that match skill set or interests - but it isn't like that at all. Those job openings are narrow set and generally part of a larger collection of functions that support each other and there are zero jobs for entrepreneurs in general that say,
"We are looking for entrepreneurs - all you need is an idea, some skills, some money, can register a business, willingness to work for free, the potential to work very long hours and do all tasks required - then pay yourself"
Those jobs very much exist but by their very definition, do not get advertised as jobs because - it is ownership.
Do you see what I am getting at here, do you understand why the "mentoring" will likely fail, why most people will struggle and very few will do what it takes? It isn't easy being an owner of personal experience because, there is no one to tell you what to do each morning, you have to be, self-directed, something that many can struggle with, even though they have some kind of skillset that is valuable.
Having a narrow skill is potentially lucrative if it can fit into a use case that has support around it. For example, the company I do a job for has hundreds of coders, but without all of the other company functions, most of them would be unemployed and have little hope of earning on their skill alone. It is the collection of skills that is valuable to the customer and why the company who gathers and manages those skills well can earn handsomely. As individuals, not so much.
However on Hive, there is the potential for all kinds of businesses possible that generate a massive amount of value, but most of the large cases are going to require collaboration, the building of that collective of complementary skills. This is a challenge in a decentralized environment as while there are plenty of tasks to perform, not all of them are going to come with a pay check, and people want to get paid.
What it kind of looks like is a team of 6 year olds playing football and they all chase the ball wherever it goes. A professional team however, has forwards who score and defenders and a goalie who will never (rarely) score a goal. Without the defenders, the team loses continually and those glamour forwards don't get paid.
It is the same in a business and an entrepreneur for example, doesn't get paid for every function performed, but if they remain undone, they will not have the paying functions to perform at all.
It's a shit job, but someone's gotta do it...
If you are a small entrepreneur, that "someone" is likely you. And I think that this is what I am trying to get at when it comes to being a part of Hive as an owner, not all things that need to be done are fun and there is very little direct incentive to actually do much of what is required. The Hive Development Fund helps with this, but at the end of the day, we are all (staked) owners and have to take some responsibility for the environment we all operate within.
There are many levels that each of us can add value, but we each have to opt-in to the ownership model or, try to be an employee. The problem with the employee path is what I mentioned above, there are no employers. You might attract some voted for some time, you might get a delegation or two or win a prize - but eventually we must all accept that we are each self-employed with our own incentives and wants and the direction we take is up to us.
While there are always open positions available, Hive is not a traditional company model, so having the mindset of an employee is unlikely to work out that well, at least at the foundation level. In time and perhaps even now though, job offers will be advertised and people can leverage their own narrow skillset to bring value to a collection of the skills of others at an upper layer,
But ownership is the prevailing force and the strength of the foundation.
Taraz
[ Gen1: Hive ]
Posted Using LeoFinance
Another thing is since the role position is owned by the company, the time of the employee in the company is limited as he could be sacked at any time.
I get your point here. Trying to relate this to HIVE, most people even though they have some valuable set of skills will still struggle to create contents on hive because it is not easy to be an owner of a personal experience.
Hive creates entrepreneurs, and advertising hive is more like saying this, if I'm not :
I also face this challenge, not having a idea of what is valuable. I still have to think of what am I good at, what do I know that is worth sharing.
From the overall passage, you have explained what differ in being an employee and self employed; challenges hive users tends to face and basically what hive.
Hive doesn't have an employee, it has owners
Yes and there is very little one can do about it. The model of business is for profit and if an employee stands in the way of that, they are gone.
And then developing and building the network that complements it. It might not be a "profitable" journey, but it is rewarding.
Enjoy some ENGAGE
!ENGAGE 15
Thanks alot @galenkp.
Really appreciate 🤗🤗🤗
ENGAGEtokens.That's right, everyone in this community is free to publish the topic they want, in the way they want, use the tools they want, but we can't say that in HIVE I can "do what I want and get paid for it"; because this instead of freedom would be licentiousness because to publish something you must comply with certain fundamental rules such as not publishing something that you are not the author and if you do you must quote the author; because it can be considered as plagiarism and you can be penalized negatively.
You can say, "do what I want and get paid for it" - but it isn't true :D
Do what you want doesn't mean you get rewarded for what you want to do.
I will still maintain that Hive is much better than what is out there except if you try to make a living on Hive. That's because we have these nice uncles who speculate on HIVE by trading it against BTC whose activities are a negative sum game where the loss suffered by them collectively equals to the total inflation rate of HIVE + exchange fees.
Trying to earn anything on content on, say, Instragram or YouTube is pure living hell. For anyone who earns anything there are likely thousands of content creators who do not earn anything.
Eventually (hopefully) the demand on Hive is stronger than for the desire for BTC, where more people are looking to get some Hive and will be willing to skip straight in. Most in crypto now have been in crypto for awhile, but eventually, that won't be the case.
For nearly all attempts to earn on the other platforms, most will fail to earn anything, yet all will pay a cost.
We need utility for hive for it to have demand.
It has demand. In fact, the demand for HIVE is way out of proportion to the size of the attention economy on the platform. That's because speculative trading against BTC is overwhelmingly the most financially valuable use case at the moment.
Amateur content creators who wish to earn on their content and who know about Hive but choose not to participate are idiots, pure and simple. The rewards for everyone on Hive are out of this world relative to the amount of work it takes to succeed here.
I've meant not speculative demand but utility demand. And those are two very different beasts where with a speculative demand it will remain spinning in circle of traders where with utility demand it would go to mass adoption.
Either type of demand lets content creators sell their tokens at a very lucrative price compared to the effort it took to earn them. The two sources of demand are completely indistinguishable to the seller.
Ofc they are but they compliment each other in synergy. Speculative price will wear off in time if it has no real value, hence utility.
The utility I have for it at the moment is that it increases the enjoyment in playing the Hive game. People sink a lot more into entertainment than what they do into Hive, even though Hive is far more entertaining :)
Yeah, but's that's not utility per say it's gamification, which is also valuable just a different angle I've meant in my comment :)
A different angle for sure, more like the utility of buying weapons in WoW (is that a thing) :D
But it is a utility that people value, it gives a reason to buy, hold and use the token actively in the space.
It's not utility by definition :) In WoW case it's currency and gamification :) And entertainment certainly has a lot of value and people are willing to pay quite a lot for those injections of serotonin and dopamine into their systems through that mechanism.
But i would argue that Hive is as much entertaining as WoW if we excluded that hope factor for a huge bull run :) Not yet at least, but some dapps might be. And if i could push my post to 100k of targeted views using Hive that would have utility as exposure or paid traffic and acting like a currency to pay for it.
Or if i could pay 30% of price in Hive (think as a discount) for my new PS5 Hive would act as currency and utility for sales promotion. Meaning - you are Sony. You want to sell PS5 at a discount anyway. Cost before discount is 500 bucks. Discounted deal is 400 bucks. Now instead of that you can make a proposal.
Pay 400 bucks and 100 Hive for a brand new PS5.
So for user it would cost 420, Sony would get some Hive to promote their posts and sales on Hive. As for Hive it would mean that 1 Hive is actually worth 1 USD.
Win Win Win
Once Hive's use case as a way to trade against BTC to gain more BTC goes away, that will be the case for Hive, too. The failure of BTC would be a complete disaster for Hive, unless Hive already had a very large user base made up by consumers who do not mind paying a little bit for Hive Power just to be able to participate.
But YT has much bigger upside potential for earnings as of right now. Their business model is clear and simple, you just have to work your ass off creating quality content that has traction for quite a while.
Yes, the upside potential for earnings on YT is in a completely different league compared to Hive now. But to earn enough to cover one's living expenses on YT is possible only for very few people. At a minimum, it's a full-time job and the creations have to be of professional quality, politically correct, slick and polished and the marketing aspect cannot be ignored at all.
In contrast, there are dozens of good amateur photographers in a Facebook group I sometimes visit who could earn a few hundred dollars worth of HIVE per month on Hive even at the current low price of HIVE. Come next crypto bull market, that HIVE could easily be worth thousands. The most important reason these people are not on Hive is that 1) they haven't heard of it, 2) if they have, learning about Hive involves a lot of new information for normies like them to wrap their heads around, 3) irrational beliefs about cryptocurrency formed by reading stupid or deceitful articles on mainstream media.
4- They feel it's unfair that their quality content gets much lower rewards by order of magnitude when compared to some other posts of people that have been engaging here for ages and take it as an insult :) Hive is much more about relation s than the content itself for now :)
And it's not that few people that are getting decent payouts on YT as it might seem, i know quite a few guys in Lithuania personally that easily make north of 1k USd a month and they are minnows, mostly musicians and that type of content tends to gets views once they have some traction.
But yeah, content on YT has to be polished and censored as they have to comply with government regulations. YT does not have luxury of decentralization as Hive does. So naturally certain type of content is more favorable there than the other. Entertainment and educational i'd say, for what i still use YT and give them credit for that. I do not go to YT to get my news or political opinions anyways.
Hi Tarazkp
I agree that this is not a job, it’s a business and that’s what I prefer. I have been employed with no stake in the future and although it’s easier it’s so demotivating. The most exciting words I ever heard were your now part owner and I kid you not....
It’s exciting to have stake and feel that your efforts are building your business, your brand for a better tomorrow !
Some people do prefer the no stake life, at least for a little while, as it comes with less responsibility. They prefer until they want to have some stake in life of course - then it might be too late. Better tomorrows are sorely needed in this world.
Working for yourself is much harder than being just an employee. Much greater responsability and the work schedule is not 9-5. But there is a sort of freedom of mind which comes with it.
Freedom of mind, not action :) There are always things to do that no one wants to do :D
It is like the waking up in the early morning to go to school🙈But if you train your mind to overcome the discomfort and think about the good things which will come, even an early morning can become the best way of starting the day. I always loved to wake up early in the morning
I am a night owl - it is when I am the most creative, mornings suck ;D
Ooo I see. I used to be a night owl in my school /university times. Stayed up until late at 3-4. Now I stay up late only if I can't sleep🙄🙈
We spend almost the entirety of childhood in institutions being told what to do and what the correct answer is and any deviation is brutally punished either with ridicule, bad grades or both and wonder why almost no one is self-directed XD
Apparently things are different now, and they somewhat are but I still see the same underlying things
I don't wonder at all - which is why many entrepreneurs are school "underperformers" :) To do different, you can't follow the central ideas of the authority.
Me too. People keep saying about how much change has happened in schools, without actually watching how kids and millennials behave.
Here's some ENGAGE Ry...
!ENGAGE 15
ENGAGEtokens.#PoSh
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yes, I agree. this is a new world, open for all, to be their own boss and work for oneself. an open community.
Thank you Hive
My takeaways:
This applies to the whole decentralised space e.g. Ethereum, EOS, Cardano in my opinion and we can draw a lot of learnings from these.
Im just here to say that the picture of that bee gives me creeps 😂🤷🏻♀️