Status: Tags: Links: Entrepreneurship MOC
Entrepreneurship Opportunities
Evaluation
- Need-
- Entry-
- Control-
- Scale-
- Time-
Ideas
- Medium blog writing
- Freelancing
- Not passive
- Social media management
Youtube Channel
- Need- If I’m going to be an informative/review channel, a decent amount
- Entry- You gotta have the equipment, experience, and creativity
- Control- Complete control over what I upload, but I can get demonetized without my control
- Scale- My audience can grow
- Time- Passive income, can delegate my tasks
3D Printing Store
- Need- Depends on the products I make
- Entry- Requires a small budget and the desire to learn
- Control- In control of products, shifts, and managing
- Scale- Can scale with more printers
- Time- Can delegate
Stocks
- Need- No need whatsoever
- Entry- Anyone can do it, but only few learn
- Control- No control over movement of markets, but control over my trading
- Scale- I can increase the money I put in
- Time- Won’t be passive unless I program a bot to trade for me
Sasktel summer job
- Need- There is a need since they provide services to many people
- Entry- Not sure, but I think I will stack up better compared to others
- Control- No control over wages and hours
- Scale- Cannot scale
- Time- Will not turn into passive income
Youtube productivity/video essay channel
- Need- I could provide insightful content for people in the same boat as me
- Entry- High competition, but I have good equipment and decent experience
- Control- Complete control over income and content/direction of channel
- Scale- Can reach many people
- Time- Can generate passive income, can pass down responsibilities to others
Fiverr video editing
- Need- Not sure if need since it’s kind of easy
- Entry- Anyone can do it
- Control- Can control my rates as an editor
- Scale- I can’t make more videos in less time
- Time- Not passive :/
Reselling keycaps
- Need- People are willing to pay for them
- Entry- Anyone can do it
- Control- I have complete control as to when and how much I sell
- Scale- I can buy more as I sell more
- Time- Bound by time :/
Applying for Scholarships
- Need- The companies
- Entry- Anyone with good writing skills and the grade requirement
- Control- Complete control over time spent and quality
- Scale- Not scalable
- Time- Bound by time but can potentially be quite rewarding when measured by hourly wage
Highest Fastlane Potential- Youtube Channel, Day Trading
Least Effort- Reselling keycaps
Most Secure- Sasktel summer job
Ali Abdaal
be a website builder on a specific niche
use notion as a website super.so
social media consulting
should advertise more than just consultations
- social media marketing (insta, linkedin)
- call for half an hour
- subscription, x per month that allows for a 30 minute call every week
- ask to manage their accounts, create social media posts and zoom call to ask for specifics
notion consultant
- help teams with creating processes and wikis
- learn how business structures work to integrate
- take things theyre doing and turn it all into notion
business writing for clarity
- content marketing is when you explain things related to topic so your blog shows up and you get free traffic. increase seo
- research for blogs, videos, content, etc
Solving Inconveniences
-
Lack of motivation
- Timer app that sets goals and tracks time spent on work
Skills to Learn
- Wordpress/website creation
- 3d printing (once im in bc)
- Networking and collaboration
- Managing an actual store (not dropshipped or virtual items)
Problems to Solve
References: