"Unleashing the Potential of Passion: The Twitter Conundrum"
Hatched by Kazuki Nakayashiki
Jul 20, 2023
3 min read
15 views
"Unleashing the Potential of Passion: The Twitter Conundrum"
Enthusiasm and passion are the driving forces behind any successful endeavor. Whether it's developing an app or building a personal brand on Twitter, genuine excitement for the work at hand is crucial. Conversely, indifference can be sensed by others, leaving a void that no design or strategy can hide. If your app doesn't excite you or if you're only in it for the monetary gain, it will reflect in the final product. On the other hand, a deep passion for your app will shine through and captivate your audience.
Twitter, often misunderstood, is more than just a social network or an ad-based platform. It has the potential to be a professional network, especially suited for the Passion Economy. Rather than focusing solely on past experience, Twitter thrives on the strength of ideas and knowledge exchange. However, it falls short in providing creators with a pro subscription product that they would willingly invest in. By aligning incentives and delivering measurable value, professional networks can cater to the best companies and individuals, fostering partnerships, hiring opportunities, and sales.
While Twitter may not be suitable for everyone, it caters to knowledge workers who rely on it to promote their work, exchange ideas, and engage in real-time conversations. With a more targeted and professional audience, Twitter has the potential to generate more revenue per user than Facebook. However, its lack of self-awareness hinders its ability to capture and monetize the value it creates. Interestingly, a survey revealed that 95% of newsletter writers grow their audiences through Twitter, proving its significance in content promotion.
One notable insight is the role Twitter plays in podcast discovery. In contrast to in-app podcast discovery, which is notoriously lacking, Twitter serves as a powerful tool for media and tech companies, and personalities to amplify themselves and redirect users to their products. This highlights the untapped potential of Twitter as a platform for content discovery and engagement.
To unlock its true potential, Twitter should consider adopting LinkedIn's business model. By keeping the main product free and ad-supported for casual users, while offering advanced tools and features for creators through a subscription model, Twitter can strike a balance between revenue generation and user satisfaction. This new approach would allow creators to further build and grow their businesses while providing Twitter with a sustainable source of income.
In conclusion, to make the most of Twitter's potential in the Passion Economy, there are three actionable pieces of advice to consider:
Sources
Hatch New Ideas with Glasp AI 🐣
Glasp AI allows you to hatch new ideas based on your curated content. Let's curate and create with Glasp AI :)
Start Hatching 🐣