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Jaffe Says YouTube Is Dumb, I Disagree

Joseph Jaffe on MPDailyFix (where we both blog) says YouTube be dumb. I wrote another post after disagreeing. Who’s right?

mp_jaffe.gif

Me said this…

YouTube didn’t do this to make money. If you look at the numbers in this, the projected revenue they can earn from this is very, very small compared to their net worth and gross revenue. Nope, this ain’t about the money.

This is about being first. And continuing to be #1.

YouTube/Google holds the world’s largest collection of advertisers in the palm of their carpal-tunneled hand. Were they going to let 100 other competitors eat away at their client list by offering something they didn’t want to offer?

The answer is no.

In a way, I’ve challenged Joseph Jaffe to a fight! :)

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Business Around A Lifestyle

The world changed on 9/11 in so many different ways. Since that day, there has been a major shift happening in the way people think and live their lives. Sure, many people still chase the dollar as their ultimate goal. However, many more people have begun to realize that the world could, well, end tomorrow.

That's why people are choosing to pursue a business around a lifestyle, instead of a lifestyle controlled by their business. It makes sense, right? If the world was going to end tomorrow, would you still try to live your life in a way you never wanted to?

Take a look around you and you'll see that this shift to becoming a lifestyle entrepreneur is being adopted by more and more people every day. Some of those people are falling into it because they have been laid off from their jobs and are literally forced into it. Some of those people just figure out a way to make it happen because of the "end of the world" thinking mentioned above.

4 Awesome Comments So Far

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  1. Joseph Jaffe
    August 24, 2007 at 3:36 am #

    Dude, don’t start something you can’t finish :)

    Happy to discuss this with you…even though you’re wrong :)

    JJ

  2. Jim Kukral
    August 24, 2007 at 7:30 am #

    Hehe, nice. No, you are wrong! :)

  3. Allan
    August 29, 2007 at 11:45 am #

    May I compliment you both on your razor-sharp repartee!
    ;-)
    For what its worth I’m with you on this one Jim (I’ll hold your coat … I think you can take ‘im)

  4. David
    November 23, 2007 at 12:04 am #

    fight, fight, fight. lol

    I do not know the cost of running Youtube but just think of how many blogs and websites have Youtube videos on them. I am sure they need a little extra advertising revenue to run that warehouse of servers they need.