The Currency of Me!

July 27, 2008 · Filed Under Business, Social Media 

What do you think of when you think of the term ‘currency’ ? Dictionary.com offers these definitions of currency:

cur·ren·cy [kur-uhn-see, kuhr-] –noun, plural -cies.

1. something that is used as a medium of exchange; money.
2. general acceptance; prevalence; vogue.
3. a time or period during which something is widely accepted and circulated.
4. the fact or quality of being widely accepted and circulated from person to person.

It is interesting to notice that while money is certainly mentioned, first and foremost, currency is a medium of exchange, indicating value does not lie within the value of the coin or dollar intrinsically. So then, who decides what manner of exchange is to be employed and what value is to be placed upon the denominations used?

As they say, beauty is in the eye of the beholder.Image by Daniel Bersak

In social media terms, Twitter has followers, FriendFeed has subscribers, and Plurk has Karma… they are all status symbols signifying importance or authority… Who places value on them? The participants of those communities, of course. If you are not fond of social media, or have not been exposed to it, then you might ask why such trivial things matter?

Let’s broaden our analogy: For those in web-based marketing, often termed search engine optimization (SEO), maybe it’s unique visitors (uniques) or conversation rates. For those in brick-and-mortar businesses maybe it’s customer retention rates, revenue per employee, or sales per square foot.

All in all, we all seek to assign value to our transactions and why? Quite simply, to survive.

We live in a world where everything has a price, and in assigning value to your product or service you attempt to broadcast your worth to your clients, to the world, and most importantly - to you, yourself.

Ah, now there is the rub. Up until this point, this is all basic economics, right? Well, have you ever considered the reason you are so caught up in trying to inflate your value is to take a place of superiority for yourself - above others?

Let me give you a more personal example:

I started this blog several months ago for a reason, I would even call it a cause. My goal was two-fold:

  1. I wanted people to know who I was.
  2. I wanted to share my thoughts with others, and encourage debate and discussion.

I dug in, and learned more and more about blogging tools, tricks, and sought any advice I could get. I worked long hours building this site, and had quite a few frustrations. Then somewhere along the way, I discovered I was spending more time pumping my blog - pumping myself up - and less time creating content. I found I was spending less time enjoying myself.

My currency had become me… pushing me, pumping me up, talking about me… Does that sound as self-centered as it looks while I’m writing this?

Now here is my adjusted goal:

  1. I wanted people to know who I was.
  2. I want to share my thoughts with others, and encourage debate and discussion.

Now that I am focused on connecting with people, I am much more focused on creating content and having fun. I have rediscovered the joy of interacting with others simply for that - not with ulterior motive in mind. Where the currency I had traded in used to be a currency of “me”, I have learned that trading in a currency of “you” actually betters my experience, and comes back to me ten fold.

So as you travel through your life, ask yourself, “What currency do I trade in?” If it is a currency of “me”, you may find that you are feeding your ego and starving your soul.

Ken Stewart’s blog, ChangeForge.com, focuses on the collision between the constantly changing worlds of business and technology. Ken is also the Director of Technology at Kearns Business Solutions.

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      ChangeForge is a place where business and technology collide with a desire to alter a paradigm and improve how we perceive those things around us. This site is built upon the premise of offering a platform to share ideas and start conversations. This site focuses upon change and shifting paradigms, offering perspective on how technology can be applied to business problems while maintaining a people-friendly perspective. ChangeForge covers a wide variety of topics, but will primarily focus on strategies revolving around bridging technology and business, hosting authors from different walks of life and offering brain-fodder on many different fronts.

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      In this day and age, people don't seem to get that you can have an opinion of your own, and that people are entitled to a responsible opinion. As such, ChangeForge is a place for me to post opinions on various things relating to business and technology. These opinions are those of the author alone, and do not necessarily reflect the opinions of respective employers, co-workers, or those referenced within this site. If you take issue with these opinions, you are most welcome to move on to another slice of the cloud. My hope, however, is that you will engage in some level of an intellectual debate in an effort to learn something, teach me something, or simply make the world just a little better...
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      ChangeForge... a catalyst to affect the paradigm by Ken Stewart is licensed under a Creative Commons Attribution-Share Alike 3.0 United States License.
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