tag:blogger.com,1999:blog-8764541874043694159.post3945077481678131926..comments2024-03-29T09:34:18.837+00:00Comments on Coppola Comment: The illusion of valueFrances Coppolahttp://www.blogger.com/profile/09399390283774592713noreply@blogger.comBlogger43125tag:blogger.com,1999:blog-8764541874043694159.post-487032888042962092016-04-21T15:56:08.363+01:002016-04-21T15:56:08.363+01:00...that was supposed to be a reply re: byline, sor......that was supposed to be a reply re: byline, sorry.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-34714766749738850942016-04-21T15:54:13.320+01:002016-04-21T15:54:13.320+01:00Oh that’s interesting! I wonder why not? - only if...Oh that’s interesting! I wonder why not? - only if you fancy going into it. <br /><br />A lot of people seem to consider the crowdfunding model a viable answer to the problem of how to make any money out of creative endeavours in a digital future - and it’s a big problem for lots of people. <br /><br />Perhaps it doesn’t work for you because it just makes the conflation of price and value worse? I came across this in an article about writers and crowdfunding: <br /><br />“The crowdfunding model doesn’t eliminate the confusion between monetary reward (valuation) and a judgement of quality (evaluation) - on the contrary, it exacerbates it. Worse, the (e)valuation is made by a self-selecting bunch of strangers which on the one hand gives it a veneer of objectivity but on the other hand erodes the worth of the judgement. The judgement we value is the judgement of those whose opinion we respect, and who we know well enough to respect - that’s not a crowd model...<br />Payments come to resemble ‘likes’ or ‘follows’ or ‘retweets’ - they are desired not so much because the writer need to pay the bills (though that may be the initial impetus for asking for them) but because they are signifiers of approval. The amount raised - whether presented as an amount in cash or as a percentage of a target - is just a number that looks very much like a score - and so it sets you up for failure. A score is a pure signifier of reward. Absence of reward, when it is expected, creates disappointment.”<br /><br />What do you think?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-20786914233336857032016-04-21T09:32:56.832+01:002016-04-21T09:32:56.832+01:00I have come across it, a while ago. I thought abou...I have come across it, a while ago. I thought about it, and decided it didn't solve my problem. Frances Coppolahttps://www.blogger.com/profile/09399390283774592713noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-23438824558829439802016-04-21T09:22:56.997+01:002016-04-21T09:22:56.997+01:00Have you come across Byline? crowdfunded journalis...Have you come across Byline? crowdfunded journalism - <a href="https://www.byline.com/column/3/article/16" rel="nofollow">www.byline.com</a> - still young, and seems to have worked less well for some columnists than for others, but has potential to fund the things you choose to write in a more reliable way than the donate button on this blog. And it seems you have a lot of followers who would be glad to give you their support immediately.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-1155785733208742292016-04-15T17:36:24.006+01:002016-04-15T17:36:24.006+01:00Dear Frances
Can't help, unfortunately, as cur...Dear Frances<br />Can't help, unfortunately, as currently job-hunting & without income. So let me just wish you all the best.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-51878308495573603632016-04-13T19:38:35.657+01:002016-04-13T19:38:35.657+01:00A 2% discount for 30 days would look attractive be...A 2% discount for 30 days would look attractive because that is >= than 24% annual.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-50403173721048426442016-04-13T19:33:29.331+01:002016-04-13T19:33:29.331+01:00Re: 2.
In accounting it is called giving a discou...Re: 2.<br /><br />In accounting it is called giving a discount for early payment. Say, 2-5% if paid within x number of days. A small one could be offered including the retroactive time. This is done easily if the customer signs a note or a bill of exchange for value received.<br /><br />Of course, there are also, up front payments in full or partial payments, and deposits.<br /><br />Reference, not the simplest explanation: ( What looks like f is often an s in this type.)<br /><br />Here is the letter:<br />https://books.google.com/books?id=cBAZAAAAYAAJ&pg=PA220&dq=discount+early+payment+double+entry&hl=en&sa=X&ved=0ahUKEwjM6-7Em4zMAhXhvoMKHU4nCRAQ6AEIFjAA#v=onepage&q=discount%20early%20payment%20double%20entry&f=false<br /><br />Here is the accounting: p. 34, 69, and 76 visa versa.<br />https://books.google.com/books?id=dPBCAAAAIAAJ&pg=PA34&dq=discount+allowed+double+entry&hl=en&sa=X&redir_esc=y#v=onepage&q=discount%20allowed%20double%20entry&f=false<br /><br />Discount (given Dr. is an expense to the giver because full amount was already booked as revenue, or exchange for asset.<br /><br />Notes and bill of exchange example documents.<br />p. 183-4 <br /><br /><br /><br />Re: 3. Getting on the board of Directors of a going concern?<br />Paciolinoreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-2278584378726873502016-04-12T19:25:09.167+01:002016-04-12T19:25:09.167+01:00Definitely seek paid journalism from one of the ma...Definitely seek paid journalism from one of the major newspapers.. Guardian, telegraph or FT. Also as others have said write a book or 2 which will give you income in the background.Anonymoushttps://www.blogger.com/profile/13977898878024657314noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-47244271203486497102016-04-11T11:49:00.214+01:002016-04-11T11:49:00.214+01:00..and after all this time I've only just notic.....and after all this time I've only just noticed the donate button. I'll use it.<br /><br />GaryAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-59283269318471684292016-04-11T11:41:02.344+01:002016-04-11T11:41:02.344+01:00Frances, This is a heart breaking story for anyone...Frances, This is a heart breaking story for anyone let alone someone brimming with talent like you.<br /><br />The Internet in particular seems to have enabled a dormant 'I can get it for free' attitude in us to surface. I'm not sure whether we are being vindictive reading your content without paying for it but, on reflection, your situation is making me think about having the integrity to regularly donate to the bloggers I regularly; I've just never stopped to think.<br /><br />I look at your site amongst others every day WITHOUT FAIL and your commentary and education has enriched me. There are a number of sites that I read that I am certainly prepared to pay for. The content of your site is better than most of the printed press by far, in my opinion.<br /><br />I would second the earlier comment and suggest you have a mechanism for payment. It probably cannot solve your problems fully but at least some of us can do the right thing and donate something. Can I be so bold as to suggest you look at the Leap2020 site or Martin Armstrong? They publish snippets of their work and you have to pay for the whole article. <br /><br />The very best of luck and God bless you.<br /><br />GaryAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-78624706980475047572016-04-11T09:22:10.959+01:002016-04-11T09:22:10.959+01:00Ideas:
1. Forbes pays for articles.
2.Re late p...Ideas:<br /><br />1. Forbes pays for articles. <br /><br />2.Re late payers, why not charge them for being late - or to sugar that pill: raise prices and offer a discount for payment within a month or whatever. That's common practice.<br /><br />3. I bet there are banks who would pay for your input to meetings / decision taking. Ralph Musgravehttps://www.blogger.com/profile/09443857766263185665noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-41122307626845549192016-04-11T06:48:21.291+01:002016-04-11T06:48:21.291+01:00Frances, I am really concerned with your situation...Frances, I am really concerned with your situation and fully agree with your decision. As a heavy Excel user, I happen to follow a blog written by Chandoo. He had been an IT consultant before he started his online business providing training and products in Excel. He provides many free stuffs but in the end, managed to monetize his efforts, and from what I learned, very successfully. Interestingly, what he said in his blog - a paying customer is better than 100 free users - reflected your point of view. You may want to look at his blog (not the technical one), startupdesi.com<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-4992709205756264682016-04-11T03:13:53.847+01:002016-04-11T03:13:53.847+01:00David Estevao is exactly on point. You have been w...David Estevao is exactly on point. You have been wasting your time and talents with your current approach. You have the knowledge and skill, you just need to channel them correctly. <br /><br />Here is your model: https://stratechery.com/ Main blog attracts readers, some of whom pay for regular and deeper insights.<br /><br />You have to go where the money is. The money is with high-powered professional bankers or investors who desperately need every edge they can get to stay one step ahead of the game. An annual subscription is nothing to them, pocket change, as long as you provide value they can't get anywhere else.<br /><br />So think about all the players involved in European finance. Not economists, the players, those in the game. Build a profile of exactly who you can provide information to that gives them an edges. Something no one else is doing like you can do.<br /><br />Profile must be precised: gender, age range, education, firms working for, etc. Print out a picture of the typical reader as you see her/him.<br /><br />You want a niche that is just right, not too narrow, not too wide. Meaning: Narrow enough that you can own it, but wide enough that you never run out of topics. And you want there to be a lot of players interested in this niche.<br /><br />Then list 30 articles you could write that would be of top interest to these players. You need great headlines, but the subject matter is detailed but broad.<br /><br />Then for each article, list three sub-articles that you could write that would provide intensely detailed, yet readable, information that would give these players an edge. That they would be happy to pay for.<br /><br />If you can do this over the course of a few days, then you have enough depth of understanding and ideas to be able to do it long-term.<br /><br />You've been doing piece-work for gatekeepers. Go directly to the money. Quit writing general interest stuff for non-specific readers until you have a solidly established professional direction.<br /><br />As for how to execute beyond what I have written, I have ideas on that too if you are interested. I'm an American web entrepreneur with one successul website/online store based on a personal brand (what you would be attempting to do) and have started a second one. I know hosting, website pointers, email marketing, book publishing, and much more and I'm very willing to share my knowledged with you.<br /><br />I am most certainly not an economist or financier, just a person interested in wide variety of topics who enjoys your writing. Seriously, let me know if you want input in a reply.Scott Whttps://www.blogger.com/profile/10687098328064801055noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-11790865432528334382016-04-10T20:33:34.699+01:002016-04-10T20:33:34.699+01:00Is this the future the so-called gig economy offer...Is this the future the so-called gig economy offers us? Probably. I've been a freelance writer for more than 25 years, but in high tech marketing, as that is where the money is, or was. Never worried about the mortgage or bills, but now after all these years the network is drying up. This is not unusual in the gig economy, as your contacts and colleagues retire or change careers or worse. So now I have moved to a small European country where my social security benefits will allow me to live comfortably.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-67863400807453896982016-04-10T15:55:29.536+01:002016-04-10T15:55:29.536+01:00as an economist the answer should be obvious: does...as an economist the answer should be obvious: does what you do enable the recipient to profit? Most of your commentary does not. Create a specific financial advisory and make it payable. Consider some of your free contributions as marketing expenses.But be very criterious when accepting invitations: rarity has value.I'll pay €30 annually to read your comments, pls provide the platform. <br />RegardsDavid Estêvãonoreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-26571004802149318732016-04-10T04:44:23.071+01:002016-04-10T04:44:23.071+01:00It is so nice to read your story.It is so nice to read your story.Jayhttp://www.myrecordplayers.com/noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-17474793569971154322016-04-09T23:52:33.754+01:002016-04-09T23:52:33.754+01:00Yes I agree - go for a book deal. You would defini...Yes I agree - go for a book deal. You would definitely get one and although (yet again) books are not well paid, they lead to other work and increase your brand.<br /><br />I know what you're going through and it's good that you are taking a stand...it helps for other experts who need to be treated as such and not just as 'content providers' which can mean anything!Jasmine Birtleshttps://www.blogger.com/profile/11765182984745715794noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-72040625653970124182016-04-09T20:51:20.497+01:002016-04-09T20:51:20.497+01:00Frances,
Join the cookie crew, I've essential...Frances,<br /><br />Join the cookie crew, I've essentially had no income since the beginning of the GFC when I was laid-off in September 2008. Funny, but like you, I was busier for most of the timeline between 2008 - late 2015, when, as i trust you are aware, it all went tits up. Indeed, I've never known a more difficult time financially than since the beginning of 2015 onwards. And I'm based in Hong Kong, which is why I question daily notions of a economic recovery, be it global, regional or local. To add insult to injury, was kicked out of my flat in February and now have a smaller pad that is 30% more expensive to rent. So obviously I share many of your concerns and woes, but at least both try to get an honest message out, and its this that's more important. Would help if had funds and hope others can contribute to the site. Hopefully back on Twitter shortly once I get a working phone, but at least I have internet again.<br />Take care and hopefully we'll bump into each other again if I can pull something off in London, but it's a BIG IF!!!!!Chris Rogershttps://www.blogger.com/profile/13354830089349337784noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-24648666925750218732016-04-09T18:12:32.982+01:002016-04-09T18:12:32.982+01:00You are correct in your assessment of your situati...You are correct in your assessment of your situation and the subsequent rules you will use to guide future work. Don't worry - something will turn up - it always does :)...<br /><br />Your situation seems to be a variant of the part-time, zero-hour contracts that so many well-qualified people have to accept nowadays. At least you can claim to talk from strength on inequality and under employment in a time of supposed full employment - something about clouds and silver linings there :)<br /><br />Good luck and hang in there, Frances! Chrishttps://www.blogger.com/profile/09467708761228526864noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-5809376472669204252016-04-09T17:52:18.639+01:002016-04-09T17:52:18.639+01:00This comment has been removed by a blog administrator.The Dork of Corkhttps://www.blogger.com/profile/03352247603806622458noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-69776413815672516432016-04-09T17:45:33.220+01:002016-04-09T17:45:33.220+01:00Very much agree, though forget e-books. Your writi...Very much agree, though forget e-books. Your writing is good, but your wisdom and insight into finance is spectacular. And at least amongst the blogging community you have a 'name'. There is no obvious reason why you shouldn't get a healthy advance for a book on finance.<br /><br />Have you talked to the FT or the Telegraph about ocassional articles or even a regular column?Unknownhttps://www.blogger.com/profile/17892825493311278789noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-80449246790108926592016-04-09T17:13:36.398+01:002016-04-09T17:13:36.398+01:00This comment has been removed by the author.The Dork of Corkhttps://www.blogger.com/profile/03352247603806622458noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-31676071638746470202016-04-09T17:12:44.759+01:002016-04-09T17:12:44.759+01:00This comment has been removed by the author.The Dork of Corkhttps://www.blogger.com/profile/03352247603806622458noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-6154467453609369632016-04-09T17:07:03.386+01:002016-04-09T17:07:03.386+01:00This comment has been removed by a blog administrator.The Dork of Corkhttps://www.blogger.com/profile/03352247603806622458noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-56854121415697771402016-04-09T17:02:16.788+01:002016-04-09T17:02:16.788+01:00I made a living as a freelance journalist from 199...I made a living as a freelance journalist from 1999 to 2004, then jumped ship to academia (which, at least to begin with, was no better paid and almost as precarious). What was (grimly) interesting was what happened when academic work looked like drying up, around 2008, and I did the virtual rounds of my old contacts. There was absolutely nothing going: some of my past commissioners had disappeared altogether, some had taken everything in-house, and hardly anybody was paying for anything. One editor (someone I knew slightly, and with whom I'd always had a friendly if not actually remunerative relationship) told me flat that if he was going to pay an external contributor, the least he'd expect from them would be a feature-length investigative story backed by several weeks' worth of research, interviews and local colour: "if you've got a great idea for a column, write it on your blog". I never thought I'd look back on the early 2000s as a golden age for freelance journalism, but compared to the present it looks a bit like that.<br /><br />I wish you good luck screwing a bit of money out of the people who try to book you for nothing - good luck, and a bit of solidarity from all the 'get me a Frances Coppola type's, whoever they may be.Philhttps://www.blogger.com/profile/07009879034507926661noreply@blogger.com