The Downfall of the Institution, the Rise of the Personal Brand and How It's Changing the Game - Pt.

Copyright (c) 2010 Nick Nanton

There has been a shift of power. Power is now at our fingertips – in the hands of the many, not in the hands of the few.

So, how do all of these powerful cultural and economic shifts affect you? You, as an individual, have become your own brand, whether you like it or not. You can control your brand to your own advantage or you can let your personal brand be run by others who comment on what you are doing. In fact, whether you choose to document your life and your business or not, chances are someone around you is going to document it for you. You don't have to post photos of yourself on Facebook or videos of yourself on YouTube for such photos and videos to end up there. You don't have to post your thoughts on a particular concept or issue online, for them to end up on Twitter, as those around you are doing it for you whether you like it or not. So, the real choice you need to make (before someone does it for you), is to control your personal brand.

The good news is, if you learn how to effectively control your brand, you can also control your life in ways that were never before possible.

Think about it this way: in the past, if you were a superstar employee, you still got paid what your employer thought you were worth. Now, you can take your brand as a superstar employee to the internet, sharing your knowledge and building a following of people who are interested in your ideas and the projects you are working on. You can become an "internal evangelist" and a thought leader for your industry – all while working for someone else. This buzz about you in turn raises your profile and credibility, which then gives rise to the notion that no longer will you be an employee with limited options. You will now be a free agent operating no differently than the sports stars who are able to offer their skill(s) to the highest bidder.

This new 'free agent' marketplace is already occurring in limited scope through the use of social media sites like LinkedIn that are dedicated to connecting people for business, as well as through sites like Facebook that allow you to share text, video, audio, and even create custom apps to let people know what you do. Not to mention, we are just now in the early stages of internet platforms and tools to make those kinds of connections work to your advantage. The future will give rise to more of what one of our clients, Chuck Boyce, calls the "Independent Executive". This label applies to someone who takes their knowledge from previous employment and sets out to create their own destiny, lifestyle, and income on their own terms. This philosophy takes personal branding to the next level, because it is not just important for the professional or the entrepreneur, but it is now very important for employees who are happy to work in someone else's environment but who want to be re! cognized, both financially and emotionally, for their very real contributions.

In the past, an unhappy employee had limited choices:

• Do nothing but complain (with increasing disgruntlement) • Quit and go look for a new job (which has no guarantee of being any different) • Beg the boss for a change in circumstances (power, money, responsibility) without having any real say in the process

Now, in the new "Branded Economy", you are all allowed to play the role you want in building your brand and building your value. If you don't take control, you will risk becoming irrelevant and relegated to the position of a cog in someone else's wheel. You will be at the mercy of a third party whose self-interest will always outweigh your own – just like the players in the sitcom The Office and the comic strip "Dilbert".

Now that the game has changed, what will you do to control your own destiny? As we have gotten known for telling our clients, we'll now tell you the same: You have the choice, to Brand or Die!