What are cryptocurrency? Pros and cons of cryptocurrencies.

Any person, institution, and country in the world need a currency to fulfill its basic needs and to promote mutual transactions that it can use it smoothly. Therefore, each country has its own different currency such as the dollar in America, pounds in Europe and so on. Actually, it is a physical currency that you can see, touch and use it in any place or country as per rules. But cryptocurrency is different from that which is a digital currency. You can neither see, nor touch because cryptocurrency is not printed in physical form. Hence it is called virtual currency. In the last few years, such currency has become quite prevalent.
A cryptocurrency is a currency built on a computer algorithm. It is an independent currency that has no owner. This currency is not under the control of anyone authority. Just like rupee, dollar, euro or other currencies, this currency is not operated by any state, country, institution or government. It is a digital currency for which cryptography is used. Usually, it can be used to purchase goods or buy a service.
You should know that the first cryptocurrency started in 2009 was “bitcoin”. It was built by an engineer named Satoshi Nakamoto from Japan. Initially, it was not so popular, but gradually its rates started skyrocketing, which made it successful. If seen, there are about 1000 types of cryptocurrency in the market from 2009 to the present time, which act as a peer to peer electronic system.
What are cryptocurrencies other than bitcoin
Apart from Bitcoin, other cryptocurrencies are available in the market which is being used more nowadays, such as Red Coin, Sia Coin, Cisco, Voice Coin, and Monero. Let us now know some important things about them: –
  1. Red Coin:– Apart from Bitcoin, there are many other cryptocurrencies that can be used on special occasions, one of which is “Red Coin”. It is used to tip people.
  2. Sia Coin: – Sia Coin is denoted with SC. This coin is growing well. The price of this coin may increase even more.
  3. SYS Coin (Cisco): – is a revolutionary cryptocurrency that offers zero cost financial transactions and incredible speed. Business Asset Digital Certificate provides the business with the infrastructure to securely trade data. Cisco works on the blockchain which is a part of bitcoin itself.
  4.  Voice coin: – It is a platform designed for emerging musicians where singers can price their music on their own. They can provide a sample track of music for free. Also, you can get support from music enthusiasts and users on the platform. The main objective of this platform is to monetize independent artists.
  5. Monero: – It is also a type of cryptocurrency in which special type of security is used. This is known as a ring signature. It is used extensively in the dark web and black market. Smuggling is done with its help. Black marketing can be done easily with this currency.
Advantages of cryptocurrencies
We know that anything has both advantages and disadvantages. Therefore, here we first talk about the benefits of cryptocurrency. Nevertheless, generally, we can say that the benefits of cryptocurrency are more and losses are less. First, cryptocurrency is a digital currency with a very low probability of fraud. Secondly, it is beneficial to invest in cryptocurrency when there is more money because its prices rise very fast. So, it is a good platform for investment. Thirdly, most of the cryptocurrency wallets are available due to which online shopping, a transaction of money has been simplified. Fourth, the cryptocurrency is not controlled by any authority, due to which no threat of demonetization and currency depreciation is exposed. Fifth, there are many countries where there is no capital control. Meaning that it is not certain how much money can be sent out of the country and how much can be ordered. Therefore, it can be easily sent outside the country by purchasing cryptocurrency and then it can be converted into money. Sixth, the biggest benefit of cryptocurrency is to those who want to keep their money hidden. Hence cryptocurrency has emerged as the best platform to hide money. Seventh, cryptocurrency is completely secure. Just you need to keep the authentication for it because such currency is based on blockchain. Hence, the entire blockchain has to be mined to perform any type of transaction.
 
Growth of Cryptocurrencies
If we talk about the growth of crypto currency, then investing in it is a very profitable deal. Today there are about 1000 types of crypto currency in the market and the price of all these coins was negligible at the time of launching. However, in a few years, their price has also reached 1000 dollars. Now take Bitcoin only. When bitcoin was launched, there was a daily transaction of $ 10 million worldwide, in which not even 1 dollar bitcoin was transacted. But today, Bitcoin is being transacted for $ 1 trillion in a week, whereas the physical currency of a week in the whole world is worth about $ 70 trillion. Bitcoin, which started at a price of 1 dollar, has reached a price of $ 1200 today. Therefore, you can guess what the growth of crypto currency can be in the future.
 
Disadvantages of cryptocurrencies
First, the biggest disadvantage of crypto currency is that it has no physical existence, because it cannot be printed. Meaning that neither the currency notes can be printed nor any bank account or passbook can be issued. Secondly, there is no country, government or institution to control it, which sometimes causes a huge jump in its price and sometimes a huge fall, due to which investing in crypto currency is a risky deal. Thirdly, it can be easily used for wrongdoings such as arms procurement, drugs supply, black marketing etc. as it is used between two people only. So, it can also be quite dangerous. Fourth, there is a risk of hacking it. It is a matter of fact that it is not that easy to hack the blockchain because it has complete security arrangements. Despite this, hacking cannot be ruled out as there is no owner of this currency. Fifth, another disadvantage of this is that if a transaction happened to you accidentally, you cannot call it back, causing you a loss.
 
Is the use of crypto currency legally valid or illegal?
 The question that comes to the mind of many people is whether it is legally right to use crypto currency or not! Actually, this decision depends on which country you are staying in and using it, because in some countries crypto currency is still not legally recognized, of which India is also one. Not only this, some countries have placed it in the ‘gray zone’. This is to say that neither it has been formally banned nor its use has been recognized. Undeniably, due to good growth in crypto currency, the trend of Indian citizens is also being seen in this direction. Therefore, it is expected that the Government of India will also take some positive initiatives in future.

Everything You Need to Know About the Facebook’s Cryptocurrency, Libra

What is Facebook’s Cryptocurrency, Libra?

To better understand the Facebook Cryptocurrency, Libra; let us first discuss what actually is a cryptocurrency. So, cryptocurrency is a digital currency operating independently without the involvement of any central controlling unity in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, e.g Bitcoin, Ethereum, Ripple and so on. Here Libra is also one among such cryptocurrency that is put forward by the America social media conglomerate, the Facebook. It is supposed to be managed and entrusted by Libra Association that includes Facebook’s subsidiary Calibra and 27 other across payment, technology, telecommunication, online marketplace, venture capital and non-profit.
At the time of composing this article(As on June 28, 2019), the currency and network do not exist; however, some experimental codes have already been released
 
 
                  
 
 
 
 

History of the Facebook Cryptocurrency Libra

The first reports of Facebook planning a cryptocurrency, with David A. Marcus in charge in came a few days after he moved from Facebook Messenger to a new blockchain division in May of 2018. (David A. Marcus is the vice president of Facebook)
Confirmation of the project that Facebook is intended to launch a cryptocurrency emerged for the first time in May of 2019, at that time it was named GlobalCoin or Facebook Coin. 

Later on June 18, 2019; Libra was formally announced. The first version is intended to be released in 2019.

How Facebook Cryptocurrency, Libra is different from other cryptocurrencies in the market?

The plan is for the Libra token to be backed by financial assets such as a basket of currencies and US Treasury Security in an attempt to avoid volatility Facebook has announced that each of the partners will inject an initial US$10 million, so Libra has full as assets backing on the day it opens.
Libra service partners, within the Libra Association, will create new Libra currency units based on demand. Libra currency units will be retired as they are redeemed for conventional currency.
Initial reconciliation of transactions will be performed at each service partner, and the blockchain’s distributed ledgers will be used for reconciliation between service partners. The intent is to help prevent everyone but members of the Libra Association from trying to extract and analyze data from the distributed ledger.
In contrast to cryptocurrencies such as bitcoin which use permissionless blockchain. Libra is not decentralized, relying on trust in the Libra Association as “a de facto central bank”.

The libra will not reply on cryptocurrency mining rather the Libra Association would release as much Libra as needed depending upon the demand of the market and each unit would be retired once they are converted to conventional currencies. Unlike many of the other many cryptocurrencies based on permissionless blockchain technology, Libra will be the permissioned blockchain and every transaction would only be able to be processed through the members of the Libra Association; however, as per the present information out there, Facebook has a plan to go to permissionless blockchain pattern like that of the Bitcoin or others in the next five years time.

Members of the Libra Association

Facebook had previously established the Libra Association to oversee the currency, founded by 28 members in Geneva, Switzerland:
  • Payments: Mastercard, PayPal, PayU, Stripe, Visa Inc.
  • Technology and marketplaces: Booking HoldingseBay, Facebook‘s subsidiary Calibra, Farfetch, Lyft, MercadoPago, Spotify, Uber
  • Telecommunications: Iliad SA, Vodafone
  • Blockchain: Anchorage, Bison Trails, Coinbase, Xapo
  • Venture capital: Andreessen Horowitz, Breakthrough Initiatives, Ribbit Capital, Thrive Capital, Union Square Ventures
  • Nonprofit and multilateral organizations, and academic institutions: Creative Destruction Lab, Kiva, Mercy Corps, Women’s World Banking
The association hopes to grow to 100 members with an equal vote, while Facebook expects to “maintain a leadership role through 2019”.

Everything you need to know before you start investing in stock market as a beginner without much knowledge and experience

Creating wealth is the common interest of we all. The interesting part is that when it comes to making a huge amount of money then the only way that can help is investing in the stock market. In this article, I am going to discuss everything that you need to know before starting to invest in the stock market. So, let’s begin.

Learn the basics of finance and accounting

As we know when it comes to dealing with the financial sector, it is very important to have basic knowledge about finance and account. One must have knowledge about how to read a balance sheet, profit, and loss statements and all. It is equally important to have information about some of the keywords of the financial market.

The financial health of the company

There should be very sincere research and strategic planning before starting the actual investment. You should have a shortlist of the best-performing companies that you want to invest in. You should study everything about the company’s history, performance, team, management, revenue, profit and loss and all. All these factors give a quick analysis of how the future of the company will be.

Research on the macro-factors

There are some macro factors that affect the company indirectly like the location, government, political situation of the country, etc. Location of a has also an important role in making it successful. For instance, a company located in a place where the labor cost and resources are cheap would produce better revenue and profit than the one situated in a more expensive place. The government and political situation of a country are one of the greatest factors behind the success and failure of a company. Therefore, one should study the political situation and the government policies about the business of the company.

Shortlist of the company you want to invest in

You should choose only the best performing company based on the findings of your research and from the long list. You should never invest randomly any all the company without proper research and knowledge of the business you are going to invest in. 
Open trading account and effort to find free brokerage if possible because there are a number of cases where one can get free brokerage and when it’s free then why to go for a paid one

Slow and steady wins the race

You should never invest all of your money at once because there is no perfect formula to predict 100% success of a company. Therefore, you should start by investing a small amount and should constantly keep on learning more about the stock market. In the beginning, you should go for bluechip stocks. Another important thing is you should never make a conclusion based on experts from TV and social media groups.

Have patience

As Benjamin Franklin has written in his book, The Intelligent Investor, the stock market is all about emotional intelligence rather than IQ. Therefore, you must have control over your emotion and reaction towards the market. You should always go for a long term and must have proper idea about WHAT TO BUY, WHEN TO BUY AND WHEN TO SELL.
                        
 

Never put all your eggs in one basket

You should never invest all your money in a single company rather you should always keep your portfolio diversified but it should not be too much diversified, because another philosophy investment says to keep your eggs in one basket and watch it carefully; however, keeping eggs in one basket and watching it closely is not always going to be the best choice. In the name of diversification, you should never invest in a business that you do not understand and have no or very little knowledge about. 

 
 
 

How to make decent money from a blog in 2019

Is blogging really dead?

Many of the digital marketers are nowadays saying that blogging is already dead; however, they are not true at all. In fact, to say, the field of blogging can never be dead until there are internet and device to use it. The only thing that can happen is some changes and modifications in the way of blogging then it used to be. As science and technology are changing every single day, a blogger must keep him/her up to date with every kind of changes that took place and they should be able to modify their way of working according to the demand of time and circumstance.
As we know, the main thing that is required to make money from a blog is a good number of visitors on it and good content. Along with writing great contents, the blogger should also be wise and active enough to use proper strategies to drive traffic to their blog that could only be the way to make them able to generate revenue.

How to create interesting content for your blog?

The most important thing that makes a blog successful is the content on it. The contents should be engaging and must be able to add some value to the readers. The information presented in it should be up to date and complete. Proper study and research should be done to create contents. Great contents are great assets. To create contents, you can take help from other existing blogs there and contribute to making it even better and up to date. Proper use of informative image and video related to the topic adds extra value to make it more relevant.

Modern methods to increase your blog traffic

If we compare the ways that were available to market a blog in the past with the ways that we have now, we can say without any doubt that it is far easy to market our contents on our site to make it searchable for the audience out there. There are a number of social media that are available these days that can be boon to grow our blog if they are used in the right way with proper strategy. We use social media like Facebook, Twitter, Instagram, Linkedin, etc. Social media are among the fastest and the easiest way to drive traffic to our blog. The only thing that is needed is to have social media with a good number of visitors where we can share our blog post to get the quick and instant audience to read it. Social media not only help to get easy and fast traffic but also help to improve the Search Engine Optimization that would help get organic traffic later.

Ways to monetize a blog other than just selling advertisements

Once you get started a good number of visitors on your blog, there are a number of ways that you can use to monetize your blog. Many of the bloggers think that only selling advertisement like from Google Adsense or Media.net, etc are only the way to monetize a blog but that is the case. There are other so many effective ways to monetize a blog that can help you generate even better revenue than selling advertisements on it. If you think and analyze yourself that what benefits are the people getting who are using your blog traffic to advertise their business, then I am pretty sure that you can better understand the power of your blog traffic that would definitely make you think about applying other modes of monetization. When you let other people show their ads on your blog, then you are giving space to people to make money that you could use for yourself. Instead of selling ads on your blog, I would recommend you to share own products that could be any digital or physical. This could help to generate more revenue than just selling ads. The more interesting thing is that unlike selling ads, you do not need very high traffic to sell products. You can start selling with any number of visitors until the audience is genuine. (Here genuine audience refers to the traffic related to your business or product you sell)
 
 
 

Social Media Hacks that will help make your website and business grow faster

We all know this is the time of science and technology. The craze of information technology is growing at the fastest rate. Social media have great potential in developing your connectivity with the world and to grow your audience you want to engage with. Social Media have become the strongest tool of marketing. You can grow your business and the audience on your website to the optimum level if you have proper strategy and tricks to use social media for your business. In this article, we are going to discuss the social media hacks that you can use to increase the number of visitors to your website and customers for your business.
  1. Facebook: Facebook is the largest social media platform where you can advertise and market your business. It has great potential to take your business to the next level. All you need to know is how to use it properly. In Facebook, engagement is considered to be the most important factor to succeed. Replying to the Facebook comment is the best way to increase and enhance your engagement. You should always try to reply to the comment from your audience. It gives the message that the content is of high value and people can not stop themselves without visiting or engaging with your content.
  2. Linkedin: Another important hack is about LinkedIn. Linkedin is a very popular social media site for the people who are professional in a certain field. According to some of the researches done among the Linkedin user, it is found that people prefer to see short sentences and description on the Linkedin. As I already said that Linkedin users are mostly professional people and they do not have too much time to go through the bulky long sentences and bulky descriptions. Therefore, to enhance the engagement on your Linkedin account, you should always try to maintain and present your profile with short descriptions in short sentences.
  3. Since social media are mainly the means of socialization, they should never try to directly promote your business on it. It is recommended only to increase your socialization by the use of social media sites rather them making the prime purpose of using them to promote your business.
  4. Use of Video Content: Nowadays people prefer to engage with video contents rather than reading the contents in the form of text. Therefore, you should try to present content in audio-visual format rather than describing in paragram.
  5. Cross Promotion of Social Media Accounts: As we know there are a number of social media sites like Facebook, Instagram, Twitter, etc that are being linked with business and websites, you can use them to do the cross-promotion of your other sites. Like you can tell people on your facebook to follow you on your Instagram, Twitter, Linkedin, etc and vice-versa.
  6. Do not post too often: Posting contents too often on social media might irritate the readers because of repeatedly getting notification about the posts. Therefore, as I said earlier that use of social media should only be intended towards enhancing your engagement with the audience and for socialization purpose only, you should use the social media, keep that point into consideration and avoid posting content on social sites too often.
  7. Pop up exit: You can use pop up exit on your blogs or website to ask your audience to follow you on your social media site. The pop-up exit should be used to display in the proper orientation and it should never disturb the reader from reading your post.

Where to invest money in 2019

It’s well said that money makes money. The only way to get real financial freedom is to make your money work for you. Since everyone has limited time to work, it’s not practical to become rich and get financial freedom just by working 9 to 5. The only way you can achieve your real goal of financial freedom by investing your money and letting your money work on behalf of you. In this article, we are going to talk about the 7 best ways to invest your money in 2019.
  1. Stock Market: We can not ignore the potential of the stock market to make us rich. There are hundreds of living examples that have proved that how investing your money in the stock market can make you amazingly rich. Among the so many people in the world who have become rich by investing in the stock market, Warren Buffet is the greatest example among all of them. There are so many ways to invest your money in the stock market. You can consult stockbrokers to guide you with all the ways of your investing endeavors.
  2. Real Estate: Real Estate is an evergreen way to invest your money and earn lucrative Return On your Investment. All you need to do is to purchase one or some pieces of real estate according to the amount of money that you want to invest in. Once you have already owned real estates, you can either give them on a lease or can wait for some time and can sell when the price of the market goes higher than your cost price. 
  3. Money Online Investment: There are so many online options that provide you with an opportunity to invest your money online without the involvement of any third party with easy steps. I, myself have been in the field of online investment since the last 2 years, and I am impressed by the ROI and the ease to operate the platform. If you also want to invest your money online, you can click here.
  4. Peer to peer lending: If you have enough money, and you are looking for some ways to multiply your money, then lending the money to the people in need on certain interest rate is one of the best ways to grow your money. Keeping money in your saving account or at your home is really not a wise thing to do with your money because money in a savings account or at home gets depreciation in its real value due to the ever-growing inflation rate.
  5. Career and Self Improvement: Another very important way to invest the money that gives you a lucrative return on the long run is to invest in self-education and self-improvement. There is a popular saying as much as you learn so much will you earn, and therefore you should always invest some part of your money in feeding your mind. You can do some business courses, take training or attend seminars that are being held on the topics of financial literacy. Such investment in self-improvement is definitely going to help you to earn more money.
  6. Side Hustle: Depending on a single income is a very fatal thing. So, people should always try to establish a number of income sources that can support them in case there is any kind of downtime in business, and the best way to create a number of income sources is to invest in some side hustle. If we talk about the meaning of side hustle, then we can say that it is a kind pre-preparation for some kind of future business while keeping your existing business into fine operation. Thus, you can start some kind of side hustle while running your existing job or business. Such side hustle will help you either to scale your business or to add some new sorts of business along with the existing one.
  7. Cryptocurrency: The world is being digitalized. Cryptocurrencies are the digital currencies that do not have any central controlling unit and it is one of the fastest growing online payment systems. There are so many different kinds of cryptocurrencies like Bitcoin, Ethereum, Litecoin and so on. Among all of these, Bitcoin is the king of all. Bitcoin is the first cryptocurrency that came into existence in 2009. At the time it came into existence, its value was merely a few cents per Bitcoin which come to hit the lifetime highest value of almost $20000 per Bitcoin in 2017.  Now you can guess yourself that how much potential does Bitcoin have to grow your wealth. If you understand the market and invest wisely, you can get an exponential return on your investment. The only thing that you need to understand is that it a very volatile currency that it often fluctuates its value. It is recommended to understand the market and invest in cryptocurrencies and particularly, the Bitcoin among all of these because it has a very high potential to give bring exponential growth in your money.
  8. Invest In Your Health: We all know health is wealth. We can only work and focus on our business when we are fully healthy. If there is any kind of illness in the body, then it would directly impact the business that is already into operation. Therefore, we should always invest some part of our money in the improvement and sustaining our better health. For this, you can join a yoga class or gym, can invest in a better diet that would ultimately help keep you fit and fine, always in condition to keep yourself able to focus on your work to grow your wealth.

Top Websites to make over $100 per day

Howdy, everyone!
In this article, we are going to talk about the most popular and genuine website that you can work with to make a good sum of passive income just by doing part-time work. So, let’s get started.
  1. Amazon Associates: Amazon Associates is an affiliate program run by Amazon.com. Nowadays, Amazon Associates has become one of the most liked platforms to make money online. On this program, all you need to do is to promote the products available on Amazon website and in return of which you will be paid commission. It is a very popular and easy way to make money by promoting other’s products because, in this method of generating revenue, you do not need to keep an inventory of your own. You just have to promote the products available on the Amazon website and you can earn a commission for that. You can promote on any platform where you can drive traffic to sell the product. The most popular platform is a blog or youtube where you can talk about the review of the product with your unique URL code provided by the Amazon Associates program that will function as an identity for you to tell that sales or sale leads have been generated by you. 
  2. Google Adsense: Google Adsense is an advertising platform owned and managed by Google. It is the most common way to make money online among online entrepreneurs. To start earning money from Google Adsense, you have to start blogging or a youtube channel where you have to create your content to drive traffic. Once traffic starts coming to your blog site or youtube channel, you can sign up for the Google Adsense account. After you sign up, Google team will review your website to check if you have fulfilled all of the guidelines to be followed for the final approval to run ads on your sites. Once your Google Adsense account gets the approval, you can start running ads on your blog or vlog and start earning money. You can click here to know how to get Google Adsense approval easily.
  3. Youtube Channel: Youtube is the second largest search engine owned by Google. Nowadays, people have preferred to watch a video to get information about the topic of their need. People are shifting from reading a textual blog to youtube, and hence youtube is constantly growing and has become one of the largest ecosystems on the internet. You can create your video content on the topic of your interest and passion to drive traffic to watch. When you have 1000 subscribers and 4000 hours of watch history in the last one year, then you can monetize your youtube channel with Google Adsense and earn huge amount of money. Apart from monetizing your youtube channel with an advertisement, you can get sponsorship to do their product endorsement to get paid. Youtube is becoming the largest ecosystem on the internet to develop a career in. Apart from just earning money, youtube is equally good for name and fame. You can present your opinions to millions and billions of people online, and that’s just in audio and visual form.
  4. Upwork: Upwork is a site that provides you with an opportunity to work online to earn money from it. There are varieties of works available on it ranging from virtual assistance, marketing, writing, design and so on. It’s is a very popular platform to do freelancing to make money fast. All you need to create your lucrative profile on this site that could attract clients to hire you to work for them. Literally, you do not need anything to start working on Upwork to get paid. The only thing you need is will to work, interest, and passion in what you are doing. 
  5. Survey sites: There are a number of survey sites where the people and corporate world post questionnaires to know about the people’s opinions to make strategies for their work and business. Such survey sites, pay money to the people who help to answer the questions posted there. Some of the most popular survey sites that genuinely pay for answering the questions are MySurvey, Swagbucks, InboxDollars, Global Test Market, etc. You can sign up for any one or all of these sites to start earning money by answering their questions.

How to earn money from Youtube

Youtube is the second largest search engine owned by Google. Youtube helps to present your idea to the audience in the form of video. As we know nowadays the attention span of people is decreasing day by day and they prefer to get the information that they are looking for in the form of audio and visual rather than in textual form. Video is more successful also because of the fact that there is an audio and visual effect. As you know people earn money from their blog in different ways like by activating Adsense, from affiliate marketing and so on. Likewise, you can earn money from the youtube as well in the same ways you earn from your blog where you will be presenting your content in the form of video unlike in text form like in blogging.
In this article, we are going to learn about the different steps to be fulfilled to earn money from youtube.
  1. Content: You can create different types of video contents for your youtube channel depending upon your interest, passion, and curiosity. Some of the niche to create your video contents that are considered to be the most popular are music, comedy, entertainment, education, gaming, etc.  You can choose any of these niche and even other than these but one thing to always keep in mind is that you be passionate in the niche of your choice because only the passion is the key factor that keeps you motivated in doing your work on growing your channel. You should always maintain consistency in uploading videos to keep your audience engaged on your channel. Therefore, interest and passion is the must to succeed as a YouTuber. When it comes to choosing the language, then it is recommended to analyze your viewer and targeted audience. You can create your video contents in any language according to the need and demand of the viewers.
  2. The next thing is to add value in your viewers through your content. You should always ask yourself what value you are going to add in your viewer that will trigger their interest to watch your video till the end. You should always survey and try to know if your content is fulfilling the purpose behind creating the video. 
  3. Resource: There are some particular resources that you need to be a professional blogger like camera, editing software, and lighting. However, you should never demotivate yourself or delay in starting your work to grow your channel just because you do not have these things. You can even start making content with simple tools that do not need too much money to own. You can even use your mobile phone to record the video if you do not have a professional camera. Likewise, there are so many free editing software like filmora, movie maker, etc. that you can use to edit the videos. Once you have started making a few dollars from your channel, then you can think of buying the professional tools to take your channel to the next level. 
  4. Consistency: Consistency is the most important part to succeed in any work. You should always keep yourself motivated and work with consistency. In the beginning, there could be so many factors like not getting views or response from people that could demotivate you, however, you should always understand the fact that Rome was not built in one day. You should always keep on putting your effort in creating valuable contents, that would definitely help you succeed.
  5. Monetizing your channel. There are a number of ways to monetize your channel once it has started getting enough views. The most common way to monetize a youtube channel is through advertisement. You can sign up for Google Adsense for your channel and earn money by letting you display advertisements on it. Apart from advertisement, affiliate marketing, brand endorsement, product, and merchandise are some of the ways. 

How to create a stunning digital product that makes money

What is a digital product?
As we all know business is all about selling something for money. That can be anything tangible, intangible, physical or not physical. Tangible products include the physical inventories and intangible can be something like service rendered to the customers to generate money out of it as a service charge. Like all of these things, a digital product is also something that can help us to generate a good amount of revenue. Unlike the physical product, a digital product is a property that exists in the form of electronic product, that can be anything like videos, pdf files, images and many more stored in our hard drive or elsewhere that have potential to help us generate money from it in a variety of ways.  

Why digital products are highly profitable?
Digital products do not have any physical forms. They exist in electronic forms and are stored in our hard drives as said earlier. The fact that makes digital products so much profitable in comparison to other products is that digital products can be sold for infinite times once they are created. The effort put one time in creating a digital product can help us to make money forever. The cost of production is also very low and sometimes even do not cost any money. 
The two factors that make a digital product of high profit are as follow:
  1. No cost on promotion except the cost of hosting the website where these digital products are demonstrated for sale.
  2. Almost 100% profit margin since it is very negligible or nearly no cost of creation.
What industry to go to in digital product?
There are a number of different kinds of digital product that we can choose as our niche of business according to our interest and expertise. We can sell a digital book (e-book), video courses webinar and so on.

Things to remember to succeed in the business of digital products
  • Never create or promote any digital product that does not add value.
  • Since there is no recurring burden of creating the product unlike that of the physical products as digital products can be sold, again and again, we should concentrate our effort in promoting and marketing the product.
  • Create something that you could be proud of. Never bring any product just with the aim to generate revenue out of it. Your full dedication and concentration should be on adding value to the market and in your reader. Once you are able to make your readers realize that values are being brought by your product into them, they are very near to your goal.
  • You can survey in to find out the need and interest of your readers. There are so many survey tools in the market like survey monkey that can be used for surveying. You can create the list of questionnaires that you want to know from the audience before launching your products.

What is E-Commerce and what are the advantages and challenges of E-Commerce

What is E-Commerce?
The term E-Commerce stands for electronic commerce. Therefore, E-Commerce is defined as any sorts of transactions that occur through electronic media. At the present time, electronic media is primarily referred to as the internet. As we know that the use of the internet and mobile phones are increasing every day, and therefore most of the business in the world is being digitalized with a purpose to do the business in easier ways and to present it at the global level which ultimately helps to increase the revenue of the business more than any other conventional ways of doing business. Such a concept of doing business and transaction on the internet is known to be E-Commerce.
Seeing the growing use and crazy of internet and technology, it is clear that E-Commerce is the next business model that would be leading the world of business.



What are the advantages of E-Commerce?
There are a number of advantages of E-Commerce over the conventional method of doing business that has continuously been attracting the attention of the entrepreneurs.
  • It helps to increase sales by helping to present business on the global platform. Through the help of E-Commerce, merchants can sell their goods to anyone in any corner of the world with negligible or no cost.
  • As E-Commerce has an online presence, business is always on the operating mode. Costumers can order for their goods of choice at any convenient time 24/7.
  • Since the business is presented on a global level, there is a windfall gain of customers if proper keyword selection and positioning are taken into proper consideration.
  • Most of the operational steps of business in E-Commerce is are controlled and driven by technology which ultimately helps to reduce the operational cost.
  • Here all of the transactions are data-driven which ultimately helps in bringing repeatability and scalability in the business. All of the records of the customers are stored there on the website of the business which helps the merchants to send notification about any products or features that help to trigger the interest of the customers and tries to convert a potential customer into an actual customer.
  • It is easy, fast and effective to do digital branding that helps to take the business to the next level.
  • In E-Commerce, a merchant can present their goods and service in the entire world and it helps to bring profitability and scalability in the business.
  • All of the operational steps are managed and controlled by technology, it does not need to be a highly skilled employee to look after the business and the more interesting thing is that it could even be remotely managed.
What are the challenges of E-Commerce?
  • In E-Commerce, the website of the business is literally considered to be the inventory house of the business. Therefore, the site of the business is only the platform that can provide the platform for communication between customer and merchant. Hence, the site is the must to run an E-Commerce business. However, sometimes such sites of the business crash for some specific reason like technical or any other.
  • Unlike in physical selling, customers cannot see or use the goods before they actually buy. Therefore, it is very important for the merchant to give optimum care in the graphic, image, and positioning to grasp the attention of the customers.
  • In the case of using the third party market place (site), there is limited access and control to what you can do. For example, if you are using Amazon, eBay or any other market place, then it is their will what to show and what not to show. The owners of the market place have sole right on how to control and manage the data.