Derek Sivers – Tim Ferriss Discussion
Derek is the musician who started CD Baby, the world’s largest online music store for independent musicians. Here are some current stats from the site:
– 242,846 artists sell their music at CD Baby
– 4,574,622 CDs sold online to customers
– $83,590,381 paid directly to the artists
With more than 2 million digitized tracks under management, CD Baby is also the largest provider of independent music for iTunes… and it all started as a hobby. A lot to learn here.
Tim Ferriss is the author of the hugely popular book The Four Hour Workweek.
Here is a recent interview between Derek and Tim. Interesting to see how Derek adopts Tim’s philosophy for CD-Baby. Note that Derek just recently sold CDBaby to Disc Makers and is now a free agent.
http://services.brightcove.com/services/viewer/federated_f8/271539270
Tim Ferriss writes in his book, “The choice is between multiplication of results using strengths or incremental improvement fixing weaknesses that will, at best, become mediocre. Focus on better use of your best weapons instead of constant repair.” I agree with Tim and say, don’t go for the mediocre. It won’t fulfill you. Sure, sometimes we have to do things we don’t like, but it can just be a temporary situation. Say, a few months at McDonalds until you get that Marketing Manager position. Or, playing wedding gigs for a couple of months. Just to save up money for that new great amp you are craving for. But you should know what you are good at and then specialize, because that is who you are.
Tim Ferriss writes in his book, “The choice is between multiplication of results using strengths or incremental improvement fixing weaknesses that will, at best, become mediocre. Focus on better use of your best weapons instead of constant repair.” I agree with Tim and say, don’t go for the mediocre. It won’t fulfill you. Sure, sometimes we have to do things we don’t like, but it can just be a temporary situation. Say, a few months at McDonalds until you get that Marketing Manager position. Or, playing wedding gigs for a couple of months. Just to save up money for that new great amp you are craving for. But you should know what you are good at and then specialize, because that is who you are.
Tim Ferriss writes in his book, “The choice is between multiplication of results using strengths or incremental improvement fixing weaknesses that will, at best, become mediocre. Focus on better use of your best weapons instead of constant repair.” I agree with Tim and say, don’t go for the mediocre. It won’t fulfill you. Sure, sometimes we have to do things we don’t like, but it can just be a temporary situation. Say, a few months at McDonalds until you get that Marketing Manager position. Or, playing wedding gigs for a couple of months. Just to save up money for that new great amp you are craving for. But you should know what you are good at and then specialize, because that is who you are.
How you think when the economic crisis will end? I wish to make statistics of independent opinions!