Information is free. Knowledge is not. - 0 views
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Neil Movold on 23 Mar 12In business, everyone keeps confusing information with knowledge. They're different. Even the dictionary says so: Information: Facts provided or learned about something or someone. Knowledge: Information and skills acquired through experience or education; the theoretical or practical understanding of a subject. Information is ones and zeros. It's raw data, or a list of facts. It's instructions on filling out a business license, or the instructions Google provides when you sign up for Adwords. The obvious stuff. You can often acquire information for free: Go to the Associated Press for raw, un-analyzed news. Or read a 'how to' on building your own car. Knowledge is something else entirely. It's what you get when you combine information with _analysis_ and _experience_. Knowledge is information distilled down to actions. It can and should cost you money, or time, or something else. If you want real analysis of the news you just grabbed from the Associated Press, for example, you might go to the New York Times and pay (at least after 10 views). To learn AdWords tricks that can actually help you profit, you'll buy a book, pay for a seminar or hire a consultant.