Why Social Media is a Game of Competition with Strategy

Wealthy Way

Ryan Pineda

Business, Entrepreneurship

4.8 • 2.1K Ratings

🗓️ 17 May 2024

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

Finding your unique stride in the journey of social media.---Secure your spot at the #1 conference for real estate, entrepreneurship, and social media here - https://www.wealthcon.org/Feeling lost as an entrepreneur or real estate investor? Get access to our community, coaching, courses, and events at Wealthy University https://wealthyuniversity.com/If you want to level up, text me at 725-444-5244! ---

Transcript

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0:00.0	One of the bigger mistakes is not looking at social media is competition.
0:04.0	Not looking at it as competition.
0:05.8	I think you need to look at social media's competition.
0:08.0	Oh, all right, tell me about this.
0:09.3	So what would you say the most valuable thing within today's attention.
0:13.0	So why do you think that you shouldn't compete for it?
0:15.0	Like why do you think that you're going to go on social media and then...
0:18.0	Oh, I think you should compete.
0:19.0	We're in agreement.
0:20.0	I just think...
0:21.0	Yeah.
0:22.0	It's just like, if you go there and you half asset and only do so much like
0:25.4	someone else is willing to do more than you and you're going to lose to that person.
0:28.0	Yeah you're competing for attention and you're also competing for attention against things that are entertaining.
0:32.4	If you're coming in as a business owner trying to grow your business, you're also competing for attention against things that are entertaining.
0:32.7	If you're coming in as a business owner trying to grow your business,
0:34.7	you're trying to be educational.
0:36.5	So you have to do even more than what the cat videos might have to do.
0:40.0	Yeah.
0:40.7	So I think that's one of the bigger mistakes that people make.
0:42.5	It's just, okay, I'm going to do it just to do it.
0:44.5	You're wasting time at that point, because you're going to lose.
	...

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