Business Options Lecture

Jul 11, 2024

Business Options Lecture

Option 1: Starting a Blog

  • Benefits:
    • Low starting cost
    • Potential for passive income
  • Platforms:
    • WordPress
    • Blogger

Option 2: Starting an E-Commerce Business (B2C)

  • Focus: Selling products directly to consumers
  • Platforms:
    • Woocommerce (plugin)
    • Facebook (again mentioned)
  • Marketing Strategy: Utilize Facebook for advertising and selling

Option 3: Starting a Business with an Influencer

  • Platform: Facebook
  • Role of Influencers:
    • Amplify brand visibility
    • Tap into the influencer's existing following

Option 4: Digital Services

  • Options in Digital Services:
    • Consultancy
    • SOP (Standard Operating Procedures) writing
    • Agency (e.g., marketing agency)
  • Necessary Skills: Mastery of specific skill sets

Option 5: Facebook Digital Academy

  • Offering: Creating and offering courses on Facebook
  • Target Audience: Individuals looking to learn new skills
  • Content Types:
    • Educational
    • Informative

Forex and Crypto Trading

  • Types of Trading:
    • Prop Trading
    • Forex Trading
    • Crypto Investing
  • Needs: Proper business structure and understanding of markets