{"id":54913,"date":"2017-07-03T21:30:27","date_gmt":"2017-07-04T04:30:27","guid":{"rendered":"http:\/\/erickimphotography.com\/blog\/?p=54913"},"modified":"2017-07-03T23:22:01","modified_gmt":"2017-07-04T06:22:01","slug":"photography-entrepreneurship-101-extreme-abundance","status":"publish","type":"post","link":"https:\/\/erickimphotography.com\/blog\/2017\/07\/03\/photography-entrepreneurship-101-extreme-abundance\/","title":{"rendered":"PHOTOGRAPHY ENTREPRENEURSHIP 101: EXTREME ABUNDANCE"},"content":{"rendered":"
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STREET NOTES MOBILE EDITION<\/a><\/figcaption><\/figure>\n

To continue PHOTOGRAPHY ENTREPRENEURSHIP 101<\/a>, let\u00e2\u20ac\u2122s talk about EXTREME ABUNDANCE in photography, and modern economics.<\/p>\n

Download PDF ><\/a><\/p>\n

<\/p>\n

One.<\/h2>\n

The world is a fucking amazing place to be in.<\/p>\n

We have the internet. Cheap smartphones. Cheap laptops, and cheap cameras.<\/p>\n

We have the sum of all human knowledge, accessible via our finger tips and Google.<\/p>\n

The world is full of extreme abundance, and the pie for the economy and photography is just growing.<\/p>\n

Two.<\/h2>\n

There ain\u00e2\u20ac\u2122t no competition in photography.<\/p>\n

I go against other economists, when I say:<\/p>\n

\n The economic pie is unlimited, and grows bigger everyday.\n<\/p><\/blockquote>\n

I like physics. I personally believe the universe is constantly expanding.<\/strong> This is good. It is optimistic.<\/p>\n

If the universe is constantly expanding, us humans will always have infinite galaxies to explore. Spaceship Earth is just one of the planets that we can inhabit.<\/p>\n

Anyways, if you believe the universe is constantly expanding and there is an expanding economic pie, this means you can win.<\/p>\n

You can build a photography business, and in theory make millions of dollars.<\/p>\n

Money is just a man made system, based on faith in human government and banks.<\/p>\n

Money is just a tool, for you to buy food, pay rent, and your coffee.<\/p>\n

Your potential as an entrepreneur today is fucking phenomenal.<\/p>\n

Consider:<\/p>\n

    \n
  1. Fast and free wifi is everywhere. Just order a coffee at a coffee shop, and plug into the wifi. <\/li>\n
  2. Google Photos offers free unlimited photo backup. This means, no more need to buy expensive storage. <\/li>\n
  3. Making your own website is cheap (1and1.com and WordPress.org). If you blog a lot, you can get to the top of Google search results for FREE. That means you don\u00e2\u20ac\u2122t gotta spend a dime on marketing. <\/li>\n
  4. High end digital cameras are cheap. If you want to be a professional photographer, just buy a used Canon 5D Mark II and a Canon 35mm f\/1.4 Lens (also used) and buy a YN flash. You can make good photos, and charge money for it. <\/li>\n
  5. Capitalist economy: we are dependent on advertising to sell shit. Good images to sell stuff is more important today than ever. <\/li>\n<\/ol>\n

    You have an infinite amount of opportunities today as a photography entrepreneur.<\/p>\n

    The world ain\u00e2\u20ac\u2122t over-saturated (yet).<\/p>\n

    Three.<\/h2>\n

    The truth is, our eyeballs are constantly being assaulted by advertisements, images, smartphone games, and the \u00e2\u20ac\u0153value\u00e2\u20ac\u009d of an image isn\u00e2\u20ac\u2122t worth much.<\/p>\n

    However, valuable images are worth a lot.<\/p>\n

    For example, if you make a very good image of a Rolls-Royce, and if it helps Rolls-Royce sell 50 cars, that one image is worth a LOT.<\/p>\n

    Your economic value as a photographer is to be judged by your POTENTIAL.<\/p>\n

    For example, Amazon makes a tiny profit. But their long term goal is to dominate the planet. Jeff Bezos is playing the long game. So investors pour millions into Amazon, for promises of \u00e2\u20ac\u0153monopoly profits\u00e2\u20ac\u009d a decade forward. The investors are investing in the future POTENTIAL of Amazon.<\/p>\n

    How do you value yourself as a photographer and entrepreneur?<\/p>\n

    For me, I know I am worth millions. I don\u00e2\u20ac\u2122t have millions (yet), but I know I\u00e2\u20ac\u2122m an expert on images and photography. With 7 billion people with a smartphone (with a camera) that is potentially an audience of 7 billion people I can influence.<\/p>\n

    Let me do some hypothetical math.<\/p>\n

    Let\u00e2\u20ac\u2122s say I can realistically tap into 1% of those 7 billion people.<\/p>\n

    \n 1% of 7 billion is 70 million.\n<\/p><\/blockquote>\n

    That is 70 million people I am looking at.<\/p>\n

    Let\u00e2\u20ac\u2122s say I can add $10 of \u00e2\u20ac\u0153value\u00e2\u20ac\u009d to 70 million people.<\/p>\n

    That is $700 million dollars.<\/p>\n

    So in the lifetime of ERIC KIM, I see my potential net worth of potential<\/em> value being $700 million. Not that far behind Jay-Z and Beyonc\u00c3\u00a9.<\/p>\n

    Of course that doesn\u00e2\u20ac\u2122t mean I will earn that much money in my life. But that\u00e2\u20ac\u2122s what I value myself, my time, and my life.<\/p>\n

    To reiterate:<\/p>\n

    \n ERIC KIM x CINDY NGUYEN IS WORTH $700 MILLION\n<\/p><\/blockquote>\n

    Or at least that what I think in my mind, to not waste my money with small money. Only aim for BIG money.<\/strong><\/p>\n

    Four. Keep expanding and growing.<\/h2>\n

    See yourself like an Amoeba. They consume resources, and grow.<\/p>\n

    But to grow, you need to consume more resources.<\/p>\n

    If you want bigger muscles, you need to eat more meat or (what they call for now), protein.<\/p>\n

    What is your intellectual protein? For me, it is consuming meaty ideas on achievement, power, and influence. I don\u00e2\u20ac\u2122t read stuff from suckers.<\/p>\n

    I aspire to great heights. I hold in high esteem Kanye, Jay-Z, Elon Musk, Steve Jobs, Picasso.<\/p>\n

    I don\u00e2\u20ac\u2122t want to be just a normal human. I want to be Nietzsche\u00e2\u20ac\u2122s \u00e2\u20ac\u0153over-man\u00e2\u20ac\u009d\u00e2\u20ac\u201c someone who surpasses<\/em> his humanity. I want to become Superman. Or perhaps more realistically Batman, all black, helping humanity, and being very rich.<\/p>\n

    There is a saying, \u00e2\u20ac\u0153You are the average of the 5 closest people to you.\u00e2\u20ac\u009d I agree.<\/p>\n

    Who are those five people in your life? And who are your five heroes that you admire? That will determine your future success.<\/p>\n

    Five. THRIVE.<\/h2>\n

    Don\u00e2\u20ac\u2122t seek to life to just stay alive. Rather, THRIVE.<\/p>\n

    Life is fucking short and cruel. Why waste it with bullshit?<\/p>\n

    I was sick of my cancerous dad, so I cut him out of my life like a toxic tumor. I\u00e2\u20ac\u2122m healthier now. I feel better and so does my immediate loved ones.<\/p>\n

    I want to avoid boredom in life. I take bigger risks. I don\u00e2\u20ac\u2122t fear going broke. I don\u00e2\u20ac\u2122t care about my \u00e2\u20ac\u0153reputation\u00e2\u20ac\u009d or my \u00e2\u20ac\u0153needs\u00e2\u20ac\u009d\u00e2\u20ac\u201c all I care about are my virtuous DEEDS.<\/p>\n

    My deeds: I want to contribute more open source information to empower others. I want to make lots of money, to use money as a tool to help more people. I want to ultimately sacrifice myself for the collective, like my buddy Jesus.<\/p>\n

    I sit on the shoulder of giants. Yet, I want to take it further. I want to contribute to the wave of greatness that came before me. Even if it means making a splash in the massive ocean of human existence.<\/p>\n

    Why? So many have helped me. It is my duty to give back.<\/p>\n

    BE STRONG,
    \nERIC<\/p>\n

    \n

    PHOTOGRAPHY ENTREPRENEURSHIP 101 by ERIC KIM<\/a><\/h1>\n
    \"\"
    ERIC KIM x HENRI\u00c2\u00a0NECK STRAP<\/a>\u00c2\u00a0 by HAPTIC INDUSTRIES<\/a> \/\/ Portrait by Benjamin Thompson<\/figcaption><\/figure>\n

    Learn how to make a living from your passion:<\/p>\n