The Million Dollar Question

So on Friday, I met up and had a chat with one of my closest entrepreneurial friends, Tango. We met up in Brisbane and headed down to the Gold Coast together. During the ride, we had plenty of time to chat. Every time we meet up to chat, we both gain so much. What we each learn on our own journey as entrepreneurs is so relevant to each other. The coolest part of our discussion is where Tango talked about this thing called a "Webina", which is the combination of the words "web" and "seminar". It's where a person give a live presentation via a online stream and there's a IRC-type chatbox on the right side. Now for you guys that have been keeping up with online gaming in the recent years, this exactly like a online game stream such as Twitch.TV. I had thought this online stream format was reasonably new and was hardly used outside of gaming. I was so surprised at this.

That was just one of the many things that we had gained from our conversation. Eventually during the discussion, I thought back to a question from one of the Rich Dad, Poor Dad audio books. It was the million dollar question as he called it, how does one take what they do and do it for more people while doing it for less? Simplistically this question is, how can you take your skill/profession/trade and scale it to provide more value and/or reduce per-unit cost.

So with this, the penny dropped (a connection of ideas). I had recently been playing around with Youtube and Internet Streams and realized this was one way we could scale-up what we were doing here. Tango and I basically meet up to bounce ideas and to share entrepreneurial insights. These discussions always turned out well, because this was one of our core skills, to think like entrepreneurs. So what if we leveraged some of our entrepreneurial networks to have 3-person chats like this one and combined with a stream/youtube to get the ideas out there. Fleshing out this idea a bit more, we thought this could be something with potential. So we decided to keep this idea noted and do a bit of research on this.

So right now, this is another small project that I'm really looking forward to working on. But it's funny how something like this began. Basically I just observed what we enjoyed doing and what we did best and thought of a way that might be able to share or create that value for others. I think this might be a good thought to have when working on my other projects.

So that's it for now. Thanks for reading, and all the best until next time.

TL;DR
- Do what you enjoy / Do what you are good at
- observe how it provides value/enjoyment to others
- think of some way (potentially using technology) to scale up what you do
???
> Profit ( I hope you guys got the reference)