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billgates

In Outliers, Malcolm Gladwell talked about how in certain industries, the leaders all have clustered birthdays within a few years. They grew up, and right when they hit that sweet spot of maximum freedom and minimal responsibility, along with a budding industry, they started their companies. Bill Gates, Gladwell argues, created a software company at possibly the best time ever to start a software company.

Sure, they were smart and persistent and revolutionary, but that wouldn’t have done them much good if they weren’t in the right place at the right time.

Okay. I’m smart and persistent, you’re smart and persistent, so what is now the perfect time for? I have a few ideas, influenced heavily by my sphere of awareness.

Micro-Celebrity

Back when we were kids, or better yet, when our parents were kids, celebrities were mythical figures. The closest you could ever hope to get to one is to receive an autographed glossy photo with a signature on it.

Celebrities came in only a few flavors back then: musicians, sports players, or actors. That’s about it. Engineers idolized rock stars because there were no engineers to idolize.

But now things are different. There are celebrities of sorts in just about any category you can think of. Besides that, there are more levels of celebrity. You don’t have to pack stadiums full of adoring fans to have influence—you can just have a blog with a few thousand readers.

And rather than communicate with your fans with form letters and a quick autograph as you leave the stage, you can reply to their emails, comments, and twitter updates.

None of that is news to you, of course. It’s our every day experience. What IS interesting, though, is that now is probably the best time ever to become one of these celebrities yourself. Here’s why:

  • The market isn’t saturated yet. There are plenty of niches that still don’t have celebrities in them. Even in the niches that DO have celebrities, there is always room for more, just like there isn’t just ONE rock star.
  • It doesn’t cost anything. You can start a blog for free. If you work hard and are clever, you can build a following. Becoming a celebrity in the past was expensive.
  • We’re still used to the old model of celebrity, which means that people in this new model probably get more credit than they deserve. We still have a scarcity mentality around celebrities, because we’re used to them being much rarer than they are now.

A good example of one of these micro celebrities is Charlie Hoehn. He put out a cool ebook, made friends with some of the right people (using strategies he outlined in his book), and now he’s a micro celebrity.

Maybe you haven’t heard of him yet, but that’s the point—you don’t need to be universally recognized to be a celebrity anymore.

Time to Write a Book

Books, as we know it, are on their way out. To some people this is obvious, and to others it’s inconceivable. Printed books will probably always exist, but soon electronic delivery will dwarf physical delivery. That means that more people will be able to write books, and thus the credibility they confer to the author will be less than it is today.

A friend once said that the main reason a book makes an author seem like an authority is that there’s a filtering process. Your agent and people at the publishing house screened you before your book came out.

Soon we won’t need agents or publishing houses, so a published book won’t bring you much credibility. Better write one now.

Scummy Online Marketing

The sun is setting on traditional online marketing, but there’s still a lot of money to be made in it. I’m talking about that seedy sales-page overhyped claims style marketing. People hate it, but it works. For now. I know people who make serious amounts of money doing this without even creating products or really bringing any value to the table.

Banner ads used to make a lot of money, then people became numb to them. The same is starting to happen with this sort of marketing.

Online TV Shows

This is another area I have no serious experience in, but I can’t help but think that NOW is the time. Up until very recently, it was just about impossible to create professional looking videos. The editing software was there, but the cameras weren’t.

Specifically, there were no consumer cameras which had real lenses on them. One of the cues that a video is professionally produced is depth of field. Besides being a nice artistic tool, it helps us focus where the video wants us to focus.

At the same time, TV shows are coming online. A serious percentage of people in my generation, including myself, don’t EVER watch shows on TV anymore. We download them or watch them on Hulu. Despite people now being comfortable watching TV on their computer, there are very few shows that are ONLY, or primarily online. That will change soon, and I think there’s a huge opportunity for people to create their own shows.

Text and radio have moved online through blogs and podcasts. Next is video.

What Else?

There are a lot of opportunities out there that I know nothing about. I suspect that now is an excellent time to get into real estate, create web apps, and maybe even be a musician. What do you think? What’s now a perfect time for?


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There are 14 Comments.


A Nonymous
Sep 4th, 2009 @ 10:00 am

- Invest in China-glamour. China is on the rise as most market experts says.

- The business of the end of the world in 2012. If you start early you can ride the wave.

- The business of “good old times”. Baby-boomers are approaching retirement and they are likely to live more in their past than in the present.

- Media-synergies. If you want to convey your message or a fantastic world you created or market yourself as a micro-celebrity you better rely on multiple media at the same time.
E.g.: book+video, video+comic, etc.
The tv serie Heroes is good on this.

- Self-made reality shows. This is the obvious mix between micro-celebrity and online tv shows.

Enough? :-)

Sep 4th, 2009 @ 10:49 am

Great post, man. There is so much opportunity out there, sometimes, I want to do it all at once :)

I think your right about the niche stuff. just take whatever your good at and start pumping as much quality content out there as you can.

Entertainment- Not like we once knew it, but I believe we will be entering into an explosion of all different art forms. Never before has the artist been able to reach their fans and more importantly, the fans reach them. There is no need for a middle man, record company, tv exec,etc, Art in all forms will flourish. It will be a rebirth, a renaissance.

Real Estate- I traveled abroad for a year, while I was gone, everybody I knew in real estate told me how bad it was. As soon as I was stateside I launched a HUGE real estate project in San Diego. The opportunity in the biz is right now.

As always, I enjoy all your stuff. damn,near everything I took on that trip, I took from your awesome post on packing.

Mike


Jon
Sep 4th, 2009 @ 12:42 pm

Tynan,

Well, your list is kind of depressing. I guess you already nailed the micro-celebrity thing with your history as a pickup artist. Got mentioned in a best selling book after all. It seems like with this proliferation of subcultures and microcelebrities, now is the perfect time for services that can steer consumers to actual knowledgeable sources of authority in different micro-areas. For instance, if somebody searches “pickup artist” on google, first hit is VH1′s tv show. Not exactly useful.

Sep 4th, 2009 @ 1:55 pm

I am now convinced that internet TV is going to be huge very soon.

First it was just a hunch. Now that I am hearing about the idea on a nearly daily basis I am convinced it is true and am already well into the planning stages of airing a show starting mid next year.

Baby boomer nostalgia is also gonna be big (look at all the things already coming out about Woodstock, etc…)

Anything environmentally friendly as well. It is broad but I think if you have a truly green solution to something you will be able to hit it huge.

Sep 4th, 2009 @ 2:08 pm

@Danny. mid-next year you are going to release your tv show? NEXT YEAR?!?!

drop that TV show NOW, my man. I’ll check it out.

Good luck :)


Greg Onstott
Sep 5th, 2009 @ 5:30 am

Bill Gates was indeed in the right place at the right time. But he also made the right choices and worked his butt off. Technology had created the microcomputer, a revolutionary development, but it couldn’t do anything. There was no software and very few people knew how to create it. Gates dropped out of college as a freshman and started writing software for microcomputers. So where’s the revolution today? Real Estate? There’s plenty of real estate but most folks can’t afford it without getting a loan – and the banks are all broke. How about Kindle? The PC is collapsing. I have six of them now but I can only use one at a time. Go figure. They have all kinds of capability to solve mathematical equations and create fancy software but I spend about 99% of my computer time reading email or looking at web pages. The Kindle is a brand new capability which will probably improve as time goes on. Most of the content now is old-fashioned paper book content converted to electronic form. What can you do with the Kindle that you can’t do with a paper book, or with a PC?


Matt
Sep 5th, 2009 @ 6:37 am

With the rising trend of vegans & vegetarians every year, I’d say it’s a great opportunity for vegan restaurants. How about vegan fast food chains? Imagine if there was a healthy option plunked down next to all those rows of burger joints…

Sep 5th, 2009 @ 10:46 am

@Mike Roberts

Cash flow has always been my downfall. (checked out your blog – if you have ideas that can help shoot me an email: dcrump@gmail.com).

I am also recovering from a nasty football injury which is great because I have plenty of time to invest in planning but can’t actually get mobile.

@Tynan – sorry mate don’t mean to be turning your feedback into a one sided discussion.


matt
Sep 5th, 2009 @ 1:34 pm

Charlie’s ebook looks more like a lengthy powerpoint presentation. It is 30 pages with a lot of whitespace and oversized text. :/

It is a good read, though.

Sep 5th, 2009 @ 10:52 pm

This is definitely the time of the blogger, just think about guys like Perez Hilton who have become huge celebrities in their own right. I also think we’re living in a very DIY age you no longer have to wait for the record company, publisher etc. If you have a band, book whatever it is very easy to get it out and As long as your work is GOOD you should see some success

Sep 7th, 2009 @ 8:35 am

This may be the best post you have ever written Tynan (well, my favorite anyway). Agree with nearly all of it.

The only thing I sort of don’t agree with is printed books. Yes, like radio/text, it is moving online, BUT having a printed book in your hands is like nothing else. And personally, I HATE reading ebooks (compared to print books). It just annoys the hell out of me for some reason, and I WILL drop cash on a print book over a free (illegally) ebook any day.

As for what it’s a good time for, there’s a book I read not long ago called The Entrepreneurial Imperative. Really good read, recommended by Eban Pagen.

Not surprisingly, I think the individual has more power than ever now- and entrepreneurship is the way to go.

Not unlike you, I focus heavily on my blog, but perhaps more importantly on an annual convention in Orlando (for men). I model TED by filming it and releasing it free on the web in HD. It’s a ton of fun for me, and a passion to boot.

-Anthony


Anonymous
Sep 7th, 2009 @ 9:34 am

I’ve been enjoying bitterlawyer.com. It has the first filmed for web “TV” show that I’ve encountered.


Samsara
Sep 7th, 2009 @ 12:44 pm

Hey Tynan,

You are right above microcelebrities. I can’t help my self but I have to ask you, do you think that is good goal to become microcelebrity. I think that someone could realy set this goal after reading article. Problem with this goal is that it based on dependance of other people opinion on me. It same goal as being rich. This types of goals make people focus on consequence rather then cause.

For example writting great book is good goal and it is cause of having money and being microcelebrity. You know what I mean?

For me the best time right now is to find what you love and do it, no matter how many people are already doing it :)

Sep 8th, 2009 @ 8:01 am

[...] The West Coast Tour: [...] Six Things I LoveThe West Coast Tour: [...] Six Things I LoveThe West Coast Tour: [...] Trogdor the Ropefish GoesAnthony: Big fan of Seth…great post.Samsara: Hey Tynan, You are right above [...]

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