You Can't Eat Whuffie...but it's getting harder to eat without it
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17-Oct-2014 -
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Transcript of You Can't Eat Whuffie...but it's getting harder to eat without it
You Can’t Eat Whuffie...but it’s getting harder and harder to eat without it
by Tara ‘missrogue’ HuntFuture of Influence Summit
advantages of money
• fungible / universal value
• trust not necessary
• independent of need
evolution of money
1. non-monetary exchange: barter and gift
2. commodity money (3000 bc)
3. representative money (650 bc)
4. fiat money (1971*)
*was used previously, but the USD became fiat at this time.
“can’t buy me love” the beatles“money, money, money” abba“for the love of money” the o’jays“money talks” ac/dc“mo’ money mo’ problems” notorious b.i.g.
disadvantages of money
biggest disadvantage of money
stuff wevalue
money
other stuff we value
• relationships
• recognition
• freedom
• respect
• belonging
• free time
• trust
• growth
• comfort
• reputation
• connections
• influence
• convenience
• experience
• surroundings
• security
maslow’s hierarchy of needs
money is merely one of many tools we have to get there.
Three Economies of Online Currency (Alistair Croll)http://www.bitcurrent.com/free-reputation-for-everyone-the-three-non-traditional-economies/
reputation is one dimension of whuffie
whuffie is...
• reputation
• reach
• positive sentiment
• influence
• bridging and bonding capital
• current and potential access to ideas, talent and resources
• saved up favors (reciprocity)
• your known accomplishments
• we can ‘cash in’ on our whuffie - getting higher paid jobs and support for our businesses
• we can convert attention to whuffie - using our broad influence to do good work in the community
• we can increase our attention through whuffie - meritocracies like the open source world allow for someone to contribute to communities to gain attention
• we can use attention to make money - increasing sales by getting the word out via large follower base
how whuffie, attention and money are linked
Google Newssearch results
for articleswith
“rebuildingtrust” in thetitle in 2009:
4,500
the future:we need real strategies for putting the people back into the core of our business decision considerations.
http://www.flickr.com/photos/jdlasica/3006861237/
whuffie is at the core of the future of influence and we achieve that by putting human beings back into our business decisions and giving reputation equal billing with attention and money.
we need to truly balance people with profits
Order Whuffietoday!
http://www.thewhuffiefactor.com
licensing:
share/remix/spread ... but don’t forget to attribute.
http://slideshare.net/missrogue
contact me:
Tara ‘missrogue’ [email protected]@missroguemontreal, quebec, canada514-679-2951
http://www.horsepigcow.com