{"id":122611,"date":"2018-09-14T08:53:18","date_gmt":"2018-09-14T06:53:18","guid":{"rendered":"http:\/\/www.myza.co.za\/creating-your-own-successful-bitcoin-business-part-25\/"},"modified":"2018-09-14T08:53:18","modified_gmt":"2018-09-14T06:53:18","slug":"creating-your-own-successful-bitcoin-business-part-25","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/creating-your-own-successful-bitcoin-business-part-25\/","title":{"rendered":"Creating Your Own Successful Bitcoin Business-Part 25"},"content":{"rendered":"<p><a target=\"_blank\" target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/mypr.co.za\/creating-your-own-successful-bitcoin-business-part-25\/\">Creating Your Own Successful Bitcoin Business-Part 25<\/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>Having said that, I honestly believe that if you want to start a business you should at least have an idea of how you\u2019re going to make money in the future, even if you are not planning to implement this process today. There are several ways today you can make money online. Sell a product Pretty simple. Charge a onetime fee for your product. Sell a subscription. Charge a recurring fee on a timely basis (month, week, year). This works better for a service than for a product. Create a freemium. Create a product, give it away for free in a limited version and charge either a onetime fee or a subscription for additional features. A good example of a freemium would be Wix. They let you set up a website for free but with limited features. You can then pay to get additional features available. Refer to an affiliate offer. This is very common if you\u2019re creating an information product or website. Just refer readers to an affiliate offer and get the commission for the sales you bring in. Ask for donations. Always an option, although I personally don\u2019t like it.<\/p>\n<p>The \u201chow will I make money\u201d assumption, or business model assumption in short, is closely related to the outcome assumption we talked about before. Since the outcome will usually predict if you\u2019ll make money and how much money you\u2019ll make. Again, let\u2019s visit our 99Bitcoins\u2019 example. My proven problem assumption was. People are looking for ways to buy Bitcoins with PayPal. My still unproven solution and outcome assumption was. A written guide that reveals a way to buy Bitcoins with PayPal will get 2% of its readers to actually buy Bitcoins using this method. And my final business model assumption was. A will make money through affiliate commissions from the exchanges I recommend. In this case you can see that once I prove my solution and outcome I\u2019ll also prove my business model assumption since they are basically the same. If people buy from the exchange I refer them to I also get my affiliate commission. On the other hand going back to our mining blog. The problem assumption was. I think people don\u2019t know how to mine Bitcoins and are looking for guidance.<\/p>\n<p>The solution and goal assumption were. If I hand out a PDF guide about mining Bitcoins to my blog subscribers, 10% will sign up to get it. And now I need to come with a business model assumption which can be. I will sell second hand mining rigs to my email subscribers and 2% will buy them. So in this case the solution and outcome assumptions are still related to the business model, since I won\u2019t have any audience to sell to if people won\u2019t sign up for my list, but they are not the same. You\u2019ll notice that I also try to be very precise in my business model assumption. I want to give an actual number of sales I can make a month. This is important since what you don\u2019t define you won\u2019t track, and what you don\u2019t track you can\u2019t optimize and improve. The business model assumption is also something that can\u2019t be tested out in theory but has to be actually put to practice through the MVP, and that\u2019s exactly what we\u2019ll cover in the next chapter. But before that, don\u2019t think I forgot.<\/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-24\/<\/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-25\/\">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 25: 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-122611","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\/122611","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=122611"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/122611\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=122611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=122611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=122611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}