This browser doesn't support Spotify Web Player. Switch browsers or download Spotify for your desktop.

Why We Charge for Information - SMS053

By The Savvy Musician Show

On today’s podcast, we get into the serious topic of why we charge for the information we provide. In a world that is becoming increasingly entitled, some people do not always get why they have to pay for something like content. Today we give you a full explanation on why we give some information for free and others come at a cost. People wonder why they need to invest in their education when they can get it all on YouTube and off the Internet, but what they are forgetting is the immense trouble it is to sift through, organize and make sense of all the random bits of information they piece together. Paying for information, for somebody else’s hard-earned experience makes total sense when you consider the cost of collecting, curating and packaging all the information in a way that is easy for students to grasp – not to mention what those teachers have paid to gain the expertise they now use to teach others. In the broader sense, we talk about the importance of having the right attitude and a worldview that challenges you to do your part in order to be successful. This conversation is so empowering, so be sure to hear us out!   Key Points from This Episode: Measuring the value of information according to the size of the problem it solves. Considering the potentially devastating repercussions of wrong information. The particular problem that Leah solves for people – helping them realize their dreams. The issue with free information: having to sift through everything to find something of worth. The problem with people who know very little but then attempt to teach others. The customer journey and how that relates to the free information Leah provides. A culture of free information and the sense of entitlement it produces. The importance of having a teacher who communicates well and maintains the right pace. How the evolution of education might cause expensive colleges to become obsolete. And much more!   Tweetables: “The way I see it people have zero excuse today to fail because of all the amazing information they have.” — @LEAHthemusic [0:05:33]   “I hope if I can get people results with the free information, they might consider working with me later on. That’s absolutely the truth.” — @LEAHthemusic [0:12:36]   “In the world of the information age it’s easy to assume or believe, because of the sense of entitlement being created by this information age, that all information should be free.” — @LEAHthemusic [0:26:07]   Links Mentioned in Today’s Episode: Join Savvy Musician Academy — www.callsma.com Berklee College of Music — https://www.berklee.edu/ Why Your Music Isn’t Making Any Money: Website — https://www.savvymusicianacademy.com/43

Listen to Why We Charge for Information - SMS053 now.

Listen to Why We Charge for Information - SMS053 in full in the Spotify app