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Ideas are the Only Currency in the New Economy

The Quality of Idea is More Important than Followers to Spread It

February 15th, 2010 · No Comments · Ideas

Another Great post from Seth Godin;

Viral growth trumps lots of faux followers

If you start with 10,000 fans and have an idea that on average nets .8 new people per generation, that means that 10,000 people will pass it on to 8000 people, and then 6400 people, etc. …Pretty soon, it dies out.

On the other hand, if you start with 100 people (99% less!) and the idea is twice as good (1.5 net passalong) it doesn’t take long before you overtake the other plan. That’s not even including the compounding of new people getting you people.

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