{"id":121607,"date":"2018-08-27T13:53:19","date_gmt":"2018-08-27T11:53:19","guid":{"rendered":"http:\/\/www.myza.co.za\/creating-your-own-successful-bitcoin-business-part-12\/"},"modified":"2018-08-27T13:53:19","modified_gmt":"2018-08-27T11:53:19","slug":"creating-your-own-successful-bitcoin-business-part-12","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/creating-your-own-successful-bitcoin-business-part-12\/","title":{"rendered":"Creating Your Own Successful Bitcoin Business-Part 12"},"content":{"rendered":"<p><a target=\"_blank\" target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/mypr.co.za\/creating-your-own-successful-bitcoin-business-part-12\/\">Creating Your Own Successful Bitcoin Business-Part 12<\/a>: <\/p>\n<p><iframe class='youtube-player' type='text\/html' width='740' height='417' src='http:\/\/www.youtube.com\/embed\/OpMxqF2gago?version=3&#038;rel=1&#038;fs=1&#038;autohide=2&#038;showsearch=0&#038;showinfo=1&#038;iv_load_policy=1&#038;wmode=transparent' allowfullscreen='true' style='border:0;'><\/iframe><\/p>\n<p>If you want to purchase Bitcoin as an investment and you want to join the BitClub Network Company, so that BitClub can mine Bitcoin and other Crypto Currency on your behalf to grow a stable and increasing investment for you, please join BitClub for free at <strong><span style=\"color: #0000ff\">https:\/\/bitclub.io\/clydethorburn<\/span><\/strong>. Once you join, you will be set up with a free lead account and receive follow up emails detailing how you can create a Bitcoin investment account with The BitClub Network. For any answers to questions contact Clyde Thorburn at <strong><span style=\"color: #0000ff\">http:\/\/clyde-thorburn-seo-specialist-johannesburg.strikingly.com\/#contact-clyde-thorburn<\/span><\/strong>.<\/p>\n<p>Author : My Dirty Little Bitcoin Secrets PDF EBook by Ofir Beigel<\/p>\n<p>You may find some interesting Bitcoin crowdfunding ideas. Tool #7 &#8211; Find out what already works. In order to save you a lot of time you can try and look for which sites are already brining in a large amount of traffic. In order to do so we\u2019re going to go over the first 100,000 sites on the web according to Alexa\u2019s ranking. Alexa is a web analysis company which ranks websites according to the amount of traffic they have. When browsing through this list try to search for sites with the words \u201cBitcoin\u201d or \u201ccoin\u201d inside them and you can see what type of sites are already getting massive amounts of traffic. For example, BitcoinTalk.org is rated #7255 out of all websites across the web. Chapter 2.5: Creating a SWOT analysis for your Bitcoin Business Idea. Soon this chapter will end and you\u2019ll be face with the task of choosing your Bitcoin business idea. You could just copy and paste what I did with 99Bitcoins but you\u2019ll still have to put in your own fresh angle to it if you want to be successful. One of the main tools you can use to find out which idea suits you best is called a SWOT analysis and it stands for Strengths, Weaknesses, Opportunities and Threats. This is a very common analysis in the business world and amazingly enough no one takes actual credit it for inventing it until today12. https:\/\/en.wikipedia.org\/wiki\/SWOT_analysis. For each business idea you come want to test write down the following. Strengths. What gives you an advantage in creating this sort of business? Are you an expert in this field?<\/p>\n<p>Do you have a certain edge that no one else has? Don\u2019t make the mistake of saying there is no competition in this area; competition doesn\u2019t belong in this section. The strength section is only about you, not about the environment. Weaknesses. What gives you a disadvantage in creating this sort of business? Perhaps you know nothing about this type of idea, or you want to create an informational product but lack the writing skills to do so. Opportunities. What elements of the environment can you exploit? What is your the loophole in which you will enter the market. Competition is relevant to this part since it talk about the outside environment and not about yourself. Threats. What elements of the environment may hinder you efforts? If for example you want to promote a small merchant, there is always the threat that he may shut down. If you plan on setting up a home mining operation the decline in the Bitcoin exchange rate is a major threat. I highly advise putting a number from 1 to 10 next to each category of this analysis and then summing up the positives and subtracting the negatives. This way you can compare different business ideas with the numbers you get. SWOT Analysis Demonstrated On Project. Imagine that I\u2019d like to create an eBook about making money through Bitcoin (how on earth did I think of that??). Now I\u2019ll show you how I create my own SWOT analysis for this specific project.<\/p>\n<p>Strengths. I\u2019ve been dealing with the subject of Bitcoin and how to make money from it for a pretty long time, so I consider myself an expert in the subject. I have above average writing skills. I know how to bring traffic to Bitcoin-related projects. I have a website that generates daily visits from people looking to make money from Bitcoin. I\u2019d say overall my strength score is 9.5. Remember this is my own opinion about things. I may be completely wrong, but some analysis is better than no analysis. Weaknesses. I have never published an eBook before successfully. I\u2019m not a native English speaker. I don\u2019t know if people are interested in what I have to say. Since I can see a way to overcome most of these weaknesses I\u2019ll say my weakness score is 4. Opportunities. People are constantly looking for new ways to make money online. Bitcoin is (relatively) new and a lot of people are interested in what it has to offer. There are almost no (good) products out there that explain about Bitcoin and affiliate marketing. I guess my overall opportunities score is 7. Again, this is just a wild hunch and is more of a gut feeling based on what my analysis of the industry is. Threats The book is in digital format so it may be copied in a second and given away for free on different websites. By the time the book is out, maybe some of the tactics I will explain will not be relevant any more. My website relies on organic traffic from Google. If my rankings drop I may not sell my predictions as well. After thinking about how I can overcome most of these threats, I\u2019ll give my threats the score of 5.<\/p>\n<p>Read more about Bitcoin and The BitClub Network at <strong><span style=\"color: #0000ff\">https:\/\/mypr.co.za\/creating-your-own-successful-bitcoin-business-part-11\/<\/span><\/strong>.<\/p>\n<p><strong>From:<\/strong> Clyde Thorburn<\/p>\n<p>CLICK HERE to submit a Video Press Release to MyPR.<\/p>\n<p><small><strong>Source:<\/strong> <a target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/mypr.co.za\/creating-your-own-successful-bitcoin-business-part-12\/\">MyPR<\/a><\/small><br \/>\n<\/p>\n<p><a target=\"_blank\" target=\"_blank\" href=\"http:\/\/mypr.co.za\/submit\">Submit your own Press Release<\/a> or get free content for your publication.<\/p>\n<p><strong>Video &#8211; How to post your Press Release on MyPR:<\/strong><br \/>\n<iframe loading=\"lazy\" width=\"700\" height=\"394\" src=\"https:\/\/www.youtube.com\/embed\/9ovzdChGkuU\" frameborder=\"0\" allowfullscreen><\/iframe><\/p>\n<p><small>My Press Release (MyPR) provides free South African targeted content and press releases for on and off line publishers and media. Registering on MyPR enables public relations companies and practitioners to post articles under their own author name. Public Relations Companies and practitioners, event organisers, sports and political writers use MyPR as a distribution mechanism for their press releases, content, images and news. A forever free subscription allows publishers and media free access to all press releases, content and images on MyPR.<br \/<br \/>\nThis press release is courtesy of <a target=\"_blank\" target=\"_blank\" href=\"https:\/\/mypr.co.za\/>MyPR.co.za<\/a> and was automatically curated and published with <a target=\"_blank\" href=\"http:\/\/wprobot.net\/?ref=578\" target=\"_blank\">WP Robot<\/a> plugin &#8211; <a target=\"_blank\" href=\"http:\/\/wprobot.net\/?ref=578\" target=\"_blank\">CLICK HERE<\/a> to learn more about <a target=\"_blank\" href=\"http:\/\/wprobot.net\/?ref=578\" target=\"_blank\">WP Robot for WordPress<\/a> &#8211; a massive time and money saver.<\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Creating Your Own Successful Bitcoin Business-Part 12: If you want to purchase Bitcoin as an investment and you want to join the BitClub Network Company, so that BitClub can mine Bitcoin and other Crypto Currency on your behalf to grow a stable and increasing investment for you, please join BitClub for free at https:\/\/bitclub.io\/clydethorburn. Once [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9021],"tags":[12342,31811,4621,6419],"class_list":{"0":"post-121607","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-mypr","7":"tag-bitcoin","8":"tag-businesspart","9":"tag-creating","10":"tag-successful","11":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/121607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=121607"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/121607\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=121607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=121607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=121607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}