Business lesson #1: Business format

Afrikancel

Afrikancel

Popo Crew
Joined
Aug 11, 2018
Posts
4,423
Reputation
7,113
As someone who is projected to make 100k per annum soon, I thought I'll drop a series of short lessons on how to make money. I am currently in the process of creating an online business with low costs and a high gross profit. Hopefully net me 3-5000$ per annum using only maybe an hour of my time a week.

#1: Business format

You probably have little capital and not enough expertise to justify investing a lot of money into a business. The cheapest way to start a business is through some online format. Depending on exactly what business you must be willing to establish a website/instagram. Basically you need some sort of online presence that people can engage with. You will need some online payment processor that charges you per purchase rather than a subscription based model (youre not that sucessful yet jfl). On this site you can sell a service or provide some consultation to extend the reach of your in person service whatever they may be.

Id recommend looking into how websites are used by sole traders to extend their business to their community. Many of these sole traders use instagram and YouTube to advertize their work.

Lesson #2 will be developing a business plan efficiently
 
  • +1
  • Love it
Reactions: gribsufer1, bloomercel, Deleted member 24444 and 1 other person
Dnrd Tldr Asap
 

Similar threads

lestoa
Replies
53
Views
9K
20/04/2008
20/04/2008
Tabula Rasa
Replies
70
Views
9K
They_are_all_whores
They_are_all_whores
dreamcake1mo
Replies
50
Views
11K
Vache
Vache
D
Replies
7
Views
880
Deleted member 29167
D

Users who are viewing this thread

Back
Top