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Our Attention is Currency | Brian Bunsen | TEDxNewYorkSalon


did you guys know that there’s over 1

did you guys know that there’s over 1 billion active Facebook users monthly

billion active Facebook users monthly

billion active Facebook users monthly there’s a 17% increase year after year

there’s a 17% increase year after year

there’s a 17% increase year after year Instagram has over 600 million followers

Instagram has over 600 million followers

Instagram has over 600 million followers and users and this is up from 500

and users and this is up from 500

and users and this is up from 500 million from last year alone the

million from last year alone the

million from last year alone the percentage of the u.s. population that’s

percentage of the u.s. population that’s

percentage of the u.s. population that’s estimated to be using Instagram guys is

estimated to be using Instagram guys is

estimated to be using Instagram guys is that 27% and this was back in 2015

that 27% and this was back in 2015

that 27% and this was back in 2015 every second 5 new profiles are created

every second 5 new profiles are created

every second 5 new profiles are created that means by the end of my talk today

that means by the end of my talk today

that means by the end of my talk today guys 20 100 new profiles have been

guys 20 100 new profiles have been

guys 20 100 new profiles have been created let me see a quick show of hands

created let me see a quick show of hands

created let me see a quick show of hands how many people here have a Facebook

how many people here have a Facebook

how many people here have a Facebook profile

profile

profile great and how about Instagram so I’m

great and how about Instagram so I’m

great and how about Instagram so I’m speaking to the right group we can all

speaking to the right group we can all

speaking to the right group we can all agree that we’re in this room together

agree that we’re in this room together

agree that we’re in this room together and we’re all going through this

and we’re all going through this

and we’re all going through this together the 1% rule this is the rule of

together the 1% rule this is the rule of

together the 1% rule this is the rule of thumb when it pertains to the

thumb when it pertains to the

thumb when it pertains to the participation in the community of the

participation in the community of the

participation in the community of the internet it simply states that 1% create

internet it simply states that 1% create

internet it simply states that 1% create new content while the other 99% simply

new content while the other 99% simply

new content while the other 99% simply view it we have created a new world with

view it we have created a new world with

view it we have created a new world with our content and in fact all of our

our content and in fact all of our

our content and in fact all of our content that we’ve created has now been

content that we’ve created has now been

content that we’ve created has now been stored online massive amounts of data is

stored online massive amounts of data is

stored online massive amounts of data is available on what we’ve done who we

available on what we’ve done who we

available on what we’ve done who we shared it and when now guys I know this

shared it and when now guys I know this

shared it and when now guys I know this sounds scary to you but the good news is

sounds scary to you but the good news is

sounds scary to you but the good news is that we are the engineers of this new

that we are the engineers of this new

that we are the engineers of this new landscape we the 1% are the builders we

landscape we the 1% are the builders we

landscape we the 1% are the builders we are building a new society with our Khan

are building a new society with our Khan

are building a new society with our Khan now this world the content provides

now this world the content provides

now this world the content provides opportunity for everyone for

opportunity for everyone for

opportunity for everyone for distribution employment and other forms

distribution employment and other forms

distribution employment and other forms of monetization and I’d like to share

of monetization and I’d like to share

of monetization and I’d like to share two forms of this today the first form

two forms of this today the first form

two forms of this today the first form is native advertising now a native

is native advertising now a native

is native advertising now a native advertising is the paid of form media

advertising is the paid of form media

advertising is the paid of form media where the experience follows the natural

where the experience follows the natural

where the experience follows the natural form and function onto the experience of

form and function onto the experience of

form and function onto the experience of the user and the second is word-of-mouth

the user and the second is word-of-mouth

the user and the second is word-of-mouth and we all know that this has gone back

and we all know that this has gone back

and we all know that this has gone back to the oldest ways of marketing and

to the oldest ways of marketing and

to the oldest ways of marketing and advertising I am the founder and

advertising I am the founder and

advertising I am the founder and publisher of the 400 magazine and we

publisher of the 400 magazine and we

publisher of the 400 magazine and we practice this through the creation of

practice this through the creation of

practice this through the creation of our real estate network where we choose

our real estate network where we choose

our real estate network where we choose one agent per market we simply give our

one agent per market we simply give our

one agent per market we simply give our readers a referral now what does this

readers a referral now what does this

readers a referral now what does this tell us our attention is currency the

tell us our attention is currency the

tell us our attention is currency the word of mouth has now evolved into every

word of mouth has now evolved into every

word of mouth has now evolved into every single piece of content that we put onto

single piece of content that we put onto

single piece of content that we put onto these social media platforms more

these social media platforms more

these social media platforms more currency is created not by the attention

currency is created not by the attention

currency is created not by the attention that your followers give you but by the

that your followers give you but by the

that your followers give you but by the attention that you give your followers

attention that you give your followers

attention that you give your followers again guys more currency is created not

again guys more currency is created not

again guys more currency is created not by the attention that your followers

by the attention that your followers

by the attention that your followers give you but by the attention that you

give you but by the attention that you

give you but by the attention that you give your followers and I’m sure you’ve

give your followers and I’m sure you’ve

give your followers and I’m sure you’ve all heard this phrase before content is

all heard this phrase before content is

all heard this phrase before content is king well in this new world and this new

king well in this new world and this new

king well in this new world and this new society context is God we know that over

society context is God we know that over

society context is God we know that over 1.8 billion dollars will shift from your

1.8 billion dollars will shift from your

1.8 billion dollars will shift from your traditional TV print and other forms of

traditional TV print and other forms of

traditional TV print and other forms of advertising into social media so by 2019

advertising into social media so by 2019

advertising into social media so by 2019 over 50 billion dollars will be coming

over 50 billion dollars will be coming

over 50 billion dollars will be coming in from social media

in from social media

in from social media that’s just 20% of the internet that’s

that’s just 20% of the internet that’s

that’s just 20% of the internet that’s coming in 1 percent smaller than

coming in 1 percent smaller than

coming in 1 percent smaller than newspaper ads so it’s safe to say that

newspaper ads so it’s safe to say that

newspaper ads so it’s safe to say that by 2020 social media will overtake the

by 2020 social media will overtake the

by 2020 social media will overtake the newspaper industry as a whole

with that being said I’d like to share

with that being said I’d like to share two forms and two points that might help

two forms and two points that might help

two forms and two points that might help us today understand and how we can all

us today understand and how we can all

us today understand and how we can all take advantage of this this new

take advantage of this this new

take advantage of this this new attention into currency my first point

attention into currency my first point

attention into currency my first point that we need to remember is that equity

that we need to remember is that equity

that we need to remember is that equity is in our attention we should understand

is in our attention we should understand

is in our attention we should understand that the content that we produce for our

that the content that we produce for our

that the content that we produce for our followers is valuable and it holds

followers is valuable and it holds

followers is valuable and it holds equity I could sell you this shirt for

equity I could sell you this shirt for

equity I could sell you this shirt for 10 bucks and I can put that money in my

10 bucks and I can put that money in my

10 bucks and I can put that money in my pocket but by tomorrow I’ll need to have

pocket but by tomorrow I’ll need to have

pocket but by tomorrow I’ll need to have a breakfast and I’ll need to have a

a breakfast and I’ll need to have a

a breakfast and I’ll need to have a lunch and I’ll have to sell you my shoes

lunch and I’ll have to sell you my shoes

lunch and I’ll have to sell you my shoes but if I gain you as a follower I’m able

but if I gain you as a follower I’m able

but if I gain you as a follower I’m able to affect you time and time and time

to affect you time and time and time

to affect you time and time and time again this guy’s is a value asset so

again this guy’s is a value asset so

again this guy’s is a value asset so essentially our content and everything

essentially our content and everything

essentially our content and everything we’ve produced has equity that’s right

we’ve produced has equity that’s right

we’ve produced has equity that’s right equity imagine that guy’s a world where

equity imagine that guy’s a world where

equity imagine that guy’s a world where a hashtag can bring you back to a person

a hashtag can bring you back to a person

a hashtag can bring you back to a person place for project a place where a new

place for project a place where a new

place for project a place where a new type of stock market has been created

type of stock market has been created

type of stock market has been created rich in content and once that attention

rich in content and once that attention

rich in content and once that attention is lost which I’m sure we’ve all

is lost which I’m sure we’ve all

is lost which I’m sure we’ve all experienced one can simply unfollow so

experienced one can simply unfollow so

experienced one can simply unfollow so essentially your content and your

essentially your content and your

essentially your content and your followers are on a scale of decay

followers are on a scale of decay

followers are on a scale of decay everything is on a decaying scale and if

everything is on a decaying scale and if

everything is on a decaying scale and if you’re not using your content in the

you’re not using your content in the

you’re not using your content in the right context that equity will diminish

right context that equity will diminish

right context that equity will diminish my second point is posting equals ethics

my second point is posting equals ethics

my second point is posting equals ethics the more content that you create the

the more content that you create the

the more content that you create the more relatable and influential you are

more relatable and influential you are

more relatable and influential you are to your followers this is what we’re

to your followers this is what we’re

to your followers this is what we’re talking about when we’re talking about

talking about when we’re talking about

talking about when we’re talking about attention this is what separates some of

attention this is what separates some of

attention this is what separates some of the greatest content creators from some

the greatest content creators from some

the greatest content creators from some of the ones that only post intermediate

of the ones that only post intermediate

of the ones that only post intermediate now this affects us all and I’m sure you

now this affects us all and I’m sure you

now this affects us all and I’m sure you guys are all asking well Brian how does

guys are all asking well Brian how does

guys are all asking well Brian how does this

this

this me I like to share a quick story with

me I like to share a quick story with

me I like to share a quick story with you guys as an example my mother called

you guys as an example my mother called

you guys as an example my mother called me two weeks ago and she said that she

me two weeks ago and she said that she

me two weeks ago and she said that she was interested in putting up a spare

was interested in putting up a spare

was interested in putting up a spare bedroom in her house up for rent and she

bedroom in her house up for rent and she

bedroom in her house up for rent and she had it up on a website but had no look

had it up on a website but had no look

had it up on a website but had no look so I noticed that she was using VRBO

so I noticed that she was using VRBO

so I noticed that she was using VRBO and I noticed for the type of

and I noticed for the type of

and I noticed for the type of demographic that she was looking for

demographic that she was looking for

demographic that she was looking for Airbnb was probably the best choice so

Airbnb was probably the best choice so

Airbnb was probably the best choice so she asked me to set her up on a

she asked me to set her up on a

she asked me to set her up on a Wednesday at 1:00 p.m. while I’m at work

Wednesday at 1:00 p.m. while I’m at work

Wednesday at 1:00 p.m. while I’m at work but it’s mom’s so you do it I gave her

but it’s mom’s so you do it I gave her

but it’s mom’s so you do it I gave her the login and I gave her the photos and

the login and I gave her the photos and

the login and I gave her the photos and I said you’re all set ladies and

I said you’re all set ladies and

I said you’re all set ladies and gentlemen within 42 minutes that room

gentlemen within 42 minutes that room

gentlemen within 42 minutes that room was rented for the month as a whole my

was rented for the month as a whole my

was rented for the month as a whole my mother called me right back right away

mother called me right back right away

mother called me right back right away out of breath and she said what do I do

out of breath and she said what do I do

out of breath and she said what do I do now I’m scared

this procreated over twelve hundred

this procreated over twelve hundred dollars from my mother and for my mother

dollars from my mother and for my mother

dollars from my mother and for my mother who’s on somewhat of a fixed income and

who’s on somewhat of a fixed income and

who’s on somewhat of a fixed income and everything helps this was a big deal

everything helps this was a big deal

everything helps this was a big deal attention became currency so there’s one

attention became currency so there’s one

attention became currency so there’s one idea I want you guys to walk away with

idea I want you guys to walk away with

idea I want you guys to walk away with today is instead of the one percent only

today is instead of the one percent only

today is instead of the one percent only creating this new content what if we’ve

creating this new content what if we’ve

creating this new content what if we’ve raised that number what if everybody in

raised that number what if everybody in

raised that number what if everybody in this room started creating new content

this room started creating new content

this room started creating new content we would be creating more currency let’s

we would be creating more currency let’s

we would be creating more currency let’s utilize this value and let’s use our

utilize this value and let’s use our

utilize this value and let’s use our content in the best way especially guys

content in the best way especially guys

content in the best way especially guys when we’re influencing the next

when we’re influencing the next

when we’re influencing the next generation let’s use this currency to

generation let’s use this currency to

generation let’s use this currency to propel new ideas positive growth and

propel new ideas positive growth and

propel new ideas positive growth and social equality let’s use our new

social equality let’s use our new

social equality let’s use our new landscape that we’ve all engineered the

landscape that we’ve all engineered the

landscape that we’ve all engineered the largest cultural movement in history to

largest cultural movement in history to

largest cultural movement in history to our advantage and the evolution from a

our advantage and the evolution from a

our advantage and the evolution from a digital society into a real society

digital society into a real society

digital society into a real society because everything we do online guys has

because everything we do online guys has

because everything we do online guys has an effect on us and guess what your

an effect on us and guess what your

an effect on us and guess what your content will outlive you so leave a

content will outlive you so leave a

content will outlive you so leave a beautiful digital legacy and lead an

beautiful digital legacy and lead an

beautiful digital legacy and lead an educational content driven destiny start

educational content driven destiny start

educational content driven destiny start creating start posting and start sharing

creating start posting and start sharing

creating start posting and start sharing your ideas and shape your landscape it’s

your ideas and shape your landscape it’s

your ideas and shape your landscape it’s your right and it’s our Liberty

your right and it’s our Liberty

your right and it’s our Liberty and guess what folks it’s a tool that we

and guess what folks it’s a tool that we

and guess what folks it’s a tool that we can all use to procreate income so

can all use to procreate income so

can all use to procreate income so remember guys attention is the new

remember guys attention is the new

remember guys attention is the new currency thank you

currency thank you

currency thank you [Applause]

”

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