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Posted on 20-08-2020 03:25 AM
Business & money is a global product by lan-x africa limited that focuses on africa and seeks to help it’s readers, viewers and attendees succeed big in business & money through top of class research based wealth infopreneurship. Launched first in january 2019, business & money provides unrivaled vitality of ready to consume wealth information backed by empirical research and careful analysis by some of the world’s leading investment analysts, business journalists and wealth moguls. It is the intention of business & money to be a reference point for and to anyone seeking to build and grow wealth in africa. From cairo to cape town, dakar to nairobi, business & money is your authoritative wealth companion.
An infopreneur is an entrepreneur who identifies opportunities for creating enterprising information-based businesses by identifying knowledge deficiency situations and selling target-based information products and services, mainly through the internet. An gifts for a infopreneur coffee mugs for infopreneur personalised infopreneur gifts can also be understood to be a person, or a person running a bot , whose primary business is gathering and selling electronic information. In spite of the preceding reference, there are many examples of infopreneurs who are selling content in paperback or hardback book form on the internet. Infopreneur is a neologism portmanteau derived from the words "information" and "entrepreneur".
In this post, i will be showing you exactly how to tap into the most cost effective and easiest (in my opinion) online business to get into. I will share my personal experience as someone who makes over $30k/month as an great gifts for infopreneur mug for infopreneur gifts for a infopreneur and also share a forbes interview with a multi-millionaire entrepreneur that solidifies infopreneurship as a business model to take advantage of.
The term is often used on the internet. The word personalised infopreneur gifts best infopreneur coffee mug great gifts for infopreneur was registered as a trademark (uspto) on february 1, 1984, by harold f. Weitzen. In 1988, h. Skip weitzen published "infopreneurs: turning data into dollars" (john wiley & sons). Before the explosive popularity of the internet at the turn of the millennium, such an occupation already existed. These legacy infopreneurs sold their information in other mediums such as audio tapes, audio cds, cd-roms, videos, talk shows, and conferences. The classification of infopreneur has created a new style of business on the internet, which allows anybody with a computer and an internet connection to start businesses by publishing information that may appeal to a specific market.
There are generally two kinds of infopreneurs: those that sell information they have amassed on their own and those that earn commissions from selling information that they know nothing about. The latter may be considered more of an "information trafficker". Online publishing[ edit ] as the infopreneur is his/her own developer, marketer, producer, and distributor - some infopreneurs consider themselves being in the publishing business. Unlike in traditional print publishing, the infopreneur puts down, in electronic form (usually), what he/she knows from experience or what he/she learned and passes the content on to the world through publishing on websites, blogs, ebooks, emails, etc.
The impact of these infopreneurs has also had a disruptive impact by slicing through the traditional publication industry that involves agents, publishers, distribution channels, and retailers. As a result, entrepreneurial firms have emerged to serve artists and authors who want to be self-published. Blogs and advertisements[ edit ] information traffickers do consider themselves infopreneurs. After all, they are making money out of information. Many of them utilize the power of the world wide web - creating websites and blogs to act as their storefront.
The infopreneur may attract traffic to his/her site by manipulating their site to appear higher on search engine results. This may be done by creating a site that is robust in information, and configuring meta-keywords and descriptions that accurately describe the web page. More often, infopreneurs who are out to get a "quick buck" will create a mash-together of information by publishing popular, sought after content, often incorporating rss feeds from more popular sites. The infopreneur then makes money from adsense ads, affiliate links, referrals and leads, and/or selling ebooks that are related to the search parameters and keywords. Essentially, these infopreneurs "piggy-back" on already established information. For example, there are many such splogs that copy verbatim the articles from wikipedia.
Infopreneurs are business owners who make money by selling information. Of course, information can come in many different forms. So there are plenty of different business ideas out there for those who want to make a living by selling their expertise. Here are 50 different business ideas for infopreneurs.
By last updated: june 4, 2020 are you an infopreneur? and searching for lucrative business ideas for infopreneurs for starting your new venture? find here a list of 50 small business ideas for infopreneurs. First of all, let us understand the meaning of infopreneurship. Basically, infopreneur is a combination of two words – information and entrepreneur. An individual who collects information from different sources and provides the information to the customer is called an infopreneur. Basically, an infopreneur provides organized information with value-added service.
With a wide range of emerging technologies and the internet, you can pursue a great career in infopreneurship nowadays. Simply an infopreneur can turn the data into the dollars. Here we have compiled a wide list of 50 great business ideas for the infopreneurs.
Mind 0 comments infopreneurs sell valuable information online in the form of books , e - books , special reports , audio and video products , seminars , and other media. This definitive guide will show how to master the tools and tactics of the most successful infopreneurs , so you can succeed at producing , marketing , selling , and automating delivery of information products online. This guide comes complete with interviews of successful infopreneurs.
Simply put, an infopreneur is a professional who collects information from multiple sources and personal experiences and uses it to create a unique package for consumers. And although the internet has hugely simplified that process, the term itself actually predates the era of digital celebrities. Harold “skip†weitzen coined the term in the 1980s elaborating on his own interpretation of what it means to be an infopreneur in the 1988 book “infopreneurs: turning data into dollarsâ€.
In the 20th century, aspiring infopreneurs produced value-added reports and professional advice through mediums like self-published books, audio cassettes and cd-roms. After establishing personal a brand, an infopreneur could then work to establish sustainable self-employment sharing his or her insights on regular conference circuits and earning passive income generated through product sales.
Just like any type of self-employment, pursuing a career as an infopreneur comes with plenty of perks. You get to choose when and where to apply yourself, and chase work that genuinely interests and engages you. At the same time, unlike other kinds of business startups, becoming an infopreneur carries far fewer risks.
First and foremost, it’s not hard to bootstrap a career in selling information. One of the easiest ways to begin establishing yourself as an infopreneur is to launch a blog or youtube channel. Hosting fees for sites like wordpress are quite affordable and producing a quality ebook costs only time. Distributing self-published books and magazines online via amazon and other platforms can be fairly cheap, too.
Meanwhile, infopreneurs generally don’t have to worry about ordinary startup overhead like brick-and-mortar costs or ecommerce support. It’s also far easier for infopreneurs to start generating some form of return on investment.
If you feel like you’ve got the drive, determination and experience necessary to establish yourself as a credible source of useful information, you may want to consider pursuing self-employment as an infopreneur. So long as you’ve got internet access, you can produce and widely distribute content at virtually no cost. You’ve got little to lose, and plenty to gain.
Infopreneurship offers some key benefits in comparison to other types of entrepreneurship.
The purpose of this paper was to discuss the opportunities and challenges of infopreneurship in a developing country. It started with the introduction of the concept; it further discussed the current state of infopreneurship in nigeria. The paper further highlighted the benefits and challenges of the practice of infopreneurship in nigeria. It also stated that developed nations have been able to checkmate unemployment, hooliganism, robbery, terrorism and several other national challenges by encouraging infopreneurship through support from government and corporate organizations. The practice has been challenged in nigeria by lack of structure and coordination from several operators. The paper concluded that infopreneurship plays a strategic role in the economic sector of nigeria. Therefore, government at all levels should support the success of infopreneurship in nigeria as this will help to reduce the rate of employment and at the same time lead to the development of the nation.
Infopreneurship is the art of entrepreneurship using information and helps infopreneurs to struggle and stand in an arena called fair (bazaar) and make benefits with once they succeed. Hence, this research was conducted with the aim of providing a model for online infopreneurship in iran. The present research is an applied one in terms of its purpose, and carried out through quantitative approach and analytical survey method. The statistical population of this study included1835 directors and experts of websites and online businesses across iran. Sampling was done randomly in through stratified simply class and 320 people were selected using krejcie and morgan table. The data collection instrument was a researcher-made questionnaire. Data were analyzed using one-group t-test, pearson correlation coefficient, analysis of variance and factor analysis. The findings of this study showed that structural, behavioral, field, strategic, and consequential factors are correlated with the correlation coefficient of 0. 74, 0. 73, 0. 75, 0. 68 and 0. 18 with the variables of infopreneurship, and were significant at p <0. 05. The high middle or high level online business companies include these factors. Eventually, a model of infopreneurship was represented in relation to online businesses in iran. Based on the suggested model, it can be concluded that the more the online information businesses in iran enjoy the identified factors, the more the amount of infopruneurship and its consequences will be, and that such a model can be used as a comprehensive road map for individuals, organizations and online information businesses interested in infopruneurship in iran.
You can’t leave your customer wondering if the services you have to offer are a good solution to the problem they are having. So how does an infopreneur tackle this issue? by clearly defining their singular message which explains who they help and how they help them. I have found that this extremely simple exercise tends to make this step much clearer. Fill in the blanks in the following sentence:.
Until this step, there is no possible way of making a profit from the website and thus it is important to monetize the website so that revenue can be generated from it. The most popular mechanisms are consultation charges, affiliate marketing, google adsense, and referral fees. Many infopreneurs eventually become influencers in their own niche and often charge for providing consultation services.
This is the approach of giving your customers and prospects the opportunity to step their way through increasing levels of engagement and investment over a period of time. For those whom are interested but not ready to buy, the infopreneur may offer a free giveaway, in the form of email content (newsletter), provide some training videos, or download an ebook. Stimulating the customer engagement, getting them comfortable with product and service offerings.
Eventually the infopreneur might offer a $17 basic “how to†product. Following on, the client may be able to obtain more expensive services that provide more advance training or information. Or perhaps a monthly subscription fee providing ongoing value with the latest and greatest. To summarize, an infopreneur typically has a range of business potentials at different price points. People like to have incremental steps of information over time.
One funnel away challenge is a training program created by clickfunnels where you are provided a step by step coaching to help you create and launch your first infopreneur funnel totally from scratch in just 30 days!. In the training you will led by the most sort-after marketing expert russell brunson and coaches stephen larsen and julie stoian. The one funnel away challenge is designed to help you customize and implement your plan in just 30 days.
I’ve seen all shades of the corporate world – good, bad and ugly. I’ve observed the ups and downs. I’ve made my analysis of managements changing and better leader on-boarding. And i’ve fared extremely well through all of this. Yet, there was always this void of something missing. Today, i can proudly say that i’ve taken courageous steps to fill that void. I know now that all this while my inner ‘self’ was calling out to me and asking me to ‘transform’ my life. Thus, began a new journey towards food infopreneurship.
A revenue stream is a way in which you make money; usually a product or service. Though i always encourage my clients to be creative when it comes to monetizing their expertise and creating new ways to earn revenue, some of the major revenue streams infopreneurs create include: books/ebooks, online courses, coaching, events (live and virtual), and more.
You can read more about how infopreneurs make money in this post: https://baileyrichert. Com/how-do-infopreneurs-make-money. Html.
An infopreneur is an entrepreneur who makes money by collecting, organizing and selling information mainly in a niche market (online and offline). The term infopreneur is a portmanteau of the words information and entrepreneur. In simple terms – an infopreneur is an entrepreneur who makes money through information by recognizing knowledge inadequacy state.
In general, there are 7 types of infopreneurs. These are – course creators: these infopreneurs create full-fledged courses and sell it either on their own websites or through online marketplaces like udemy. Authors: these types of infopreneurs put down their expertise, experience, and insight in a book or an e-book and make money by selling those.
Affiliate marketing is promoting a third-party product on the website which will earn commission for every sale made through the link on the website. Google adsense uses its advanced technology to decide the content of the webpage and then delivers ads that are contextually relevant to the audience. The infopreneur will be paid for every single click on the ads. Getting income from referring people from the website is another way to earn money from the website.
An infopreneur is an entrepreneur who sells information. This can be done through ebooks, online courses, webinars, consulting, and more. The word itself is derived from “information†and “entrepreneurâ€. Basically, you make money with the knowledge that you already have. An infopreneur is an entrepreneur who sells information. You make money from the knowledge you have. #infopreneur #blogging #businessclick to tweet.
Do-it-yourself offers are your products, like online courses and books / ebooks. Do-it-yourself offers don’t require you to give of your time to customers. * rather, they are purchasing an information product whose content they will consume on their own schedule to learn how to perform the work themselves. Do-it-yourself offers can range wildly in price from $7 ebooks to $2,000 online programs. Either way, do-it-yourself offers are often considered the most scalable offers because you can sell to many people at once without increasing how much time is required of you personally. You can’t take on 1,000 coaching clients at once, but you can sell 1,000 ebooks at once.
In most cases, infopreneurs use tutorials more as a way to market their business rather than as an information product in and of themselves. You can use them to provide value to your audience on topics related to the subjects covered in your paid information products, like paper + ink does above – one of her products is an accounting spreadsheet for etsy sellers.
The role of a content creator or educator has changed and grown with access to technology. Technology allows more people to access information and for them to acquire it faster. Infopreneurs used to sell their information and products as audio tapes, print books, cd’s, dvd’s or through talk shows, seminars, and conferences. In today’s world, infopreneurs sell their products as ebooks, video, blogs, emails, and webinars, just to name a few.
As a woman who has slogged years and years fighting patriarchy in its worst forms, i've made up mind to help more and more women stay empowered by means of useful information and technology. Hence, on my platform divya dainika, i will be creating audio-video content pertaining to women centric issues and also provide online sessions and counselling.
Websites of infopreneur overlap a little with websites of company and ecommerce, but they constitute a distinctive form of online business. Infopreneurs generate and sell products for data. That might be in the form of lessons, tutorials, videos, or ebooks. Whatever form it takes, infopreneurs need their website to do the difficult job of creating a brand of information -convincing tourists that they understand enough to make it worthwhile to buy their instructional goods – and selling those goods. Normally, infopreneurs generate a combination of precious free content and premium content for which they pay. The website of the infopreneur serves as the main place for both -the free content that serves as a promotional instrument for getting individuals to the site, and the paid goods that account for their earnings. Therefore, building a successful website is essential to this sort of business model.
If you want someone to buy from you as an infopreneur, you cannot hide your expertise behind a curtain, only to reveal it when they purchase your product. If you try this, they will never buy for fear that you won’t really deliver the value they seek. Rather, you need to be giving away your message for free so that they can see you know what you’re talking about and are going to deliver the information they really want through your products and services. If you help your potential customers and clients to make informed decisions by providing them with a ton of information up front, they will not feel like you are trying to trick them into a purchase. Instead, they will feel that they can trust you, and they will be more likely to buy.
Infopreneurs need to leverage the potential interest that a person has in a topic, build a relationship with that person, and ultimately convince them that you are the one above all others that can deliver promised results with your methodology. Therefore, they should invest in a purchase with you. How exactly does an infopreneur do all this? the answer is: they use sales funnels.
By investigating the history of infopreneurship, it was found that the term infopreneur was registered as a trademark by harold f. Weitzen on february 1, 1984, who published a book, “infopreneurs: turning data into dollars†on 1988 which became the first book on infopreneurship. Videos, audiotapes, cds, talk shows etc. Were the offline approaches used by infopreneurs in the ’80s and ’90s. However, infopreneurship became a rising trend with the advent of the internet as anyone with a computer and an internet connection could start a business by issuing valid knowledge and information regarding a particular niche.
Infopreneurs changed the face of entrepreneurship as they proved that it is possible to set up a business without having to hire staffs or equipment or invest tremendous amounts of capital and even have involvement of very low financial risks.
Becoming an infopreneur is one way of turning passion into profit. One of the best advantages of being an infopreneur is that there is no need to be at a specific place to work. It, however, requires the entrepreneur to have more than average knowledge on the niche he wishes to start a business in.
It is best to first decide what you’re good at and will the target market benefit with your knowledge about it. Choosing a niche is probably the most important aspect of being an infopreneur. If you want to start something in the online world, it becomes easier to research and validate your idea hypothesis as you can make use of tools like google trends, google adwords, market samurai, buzz sumo, etc.
If you are a dietician or nutritionist, you can start this business. You can offer the service from your home and online basis. Even, if you are in a full-time job, you can do this as freelancing.
Newsletters are the most effective way of promoting products and services of an organization. Therefore, companies spend a lot for professional newsletter writing services. Additionally, you can start and operate the business from home.
Podcasting is an effective and powerful way of sharing information to your audience. You can start this business just sitting at home.
The entrepreneurs work with old world rules of business consisted of companies buying from suppliers, they create a physical product and sell these products through stores/outlets. Customers visit these to buy the products, this is governed by law. While the infopreneur has a new set of rules where by they present information that may not have to be purchased, it is a digital product that is on the internet. For example anyone can set up a blog and start to make money, gina garrubbo, executive vice president of blogher, “there are millions of dollars to be made,†(shiels, 2008). Creating a blog if free, all the writer needs to do is to add an advertising service such as google adsence, which displays targeted text and ads dependent on the blog context. The writer then receives money for reader click on the ads (marshall, 2009). Customers never have to leave their home to access or buy the digital product/information, is some case the customer may ever set the price they wish to pay for the product. For example jay walkers invention of priceline, invites users to name the price they want to pay for a variety of goods from hotels to airlines. (price, 2000) infopreneurs also benefit from the fact that the new world is not governed by heavy laws.
The internet has a revolutionary impact–individuals and businesses can overcome geographical, cultural and logistical barriers and improve the way they live and work. (gates, 2007) as bill gates state the internet has open doors to us all. Business can be set up with just a few clicks of a mouse and customers never have to leave the comfort of their homes to access products and services online. This is now a well know term as the internet age.
A home-based business could fit under the category of small business, but the primary factor, in this case, is that it's run from home, as opposed to an office or other location. Just because a business is run from home doesn't mean it can't compete with larger businesses. Many large corporations start at home before moving into an office space.
It can be easy to think that there is no difference between a researcher and infopreneur. However, nothing could be further from the truth! there is a reason why infopreneurs make a far greater amount of money than a researcher or non-fiction author. Infopreneurs operate with an underlining business model that is very different and more powerful due to some very effective strategies.
â–º live and virtual events, and the list goes on and on! but, to limit ourselves to just a list would never be enough to communicate all the creative ways that infopreneurs have and do continue to make money through their businesses. Creating a list like this would always be incomplete, but also, it would stifle the creativity of the infopreneurs reading it, leading them to think that these are the only revenue streams they can utilize, which isn't true.
Affiliate marketing is a popular and lucrative way of earning money for infopreneurs. If you can provide an expert guide for any product and service, you can start this business. Basically, you have to promote the product or service to your audience. Read more….
In simple terms, i wanted to create an online business. Still, there are many ways to make money purely online: trading stocks, selling handcrafted goods, selling stock photography, etc. The method of online business upon which i settled needed to also provide me a creative outlet in which i could share my life experience with others and make an impact on their lives. For this reason, i turned to “infopreneurship. â€.
Harold f. Weitzen registered a trademark for "infopreneur" (h. Weitzen, 1984), indicating its first use in commerce was as of january 31, 1984. According to the u. S. Patent and trade office (uspto) trademark electronic search system's (tess) records, the business endeavor with which such usage was attributed was "newsletters dealing with computerized information processing. " a definition given in wikipedia defines an infopreneur as one who is "generally considered an entrepreneur who makes money selling information on the internet" ("infopreneur," 2010a). However, the authors of this paper propose a broader definition--not restricted to the use of the internet--might better reflect the entirety of the construct, acknowledging fully its roots, evolution, and a more recent revolution in "infopreneurship" as it has been further enabled by technological developments. For instance, businessdictionary. Com, with attribution to weitzen (h. S. Weitzen & genda, 1991), suggested a description as follows:.
Infopreneurship - the next big thing by jason chew infopreneurship: the exciting term, infopreneur, is becoming a hit among today's entrepreneurs who want to capitalize on the sea of opportunities available on the internet. An infopreneur, combined from the two words "information" and "entrepreneur", refers to an entrepreneur who makes money by selling/sharing information on the web.
Once this hypothesis is validated, decide on what format the product has to be released. Books, e-books, videos, podcasts, tutorials, webinars etc are some ways which infopreneurs can use to sell their products and ideas online.
While the offering occupies the first position in the priority list, building a personal brand doesn’t fall much behind. It is absolutely necessary to let the customers know about the infopreneur. Build associations, create more than communication channels, and develop a identity by assigning brand colours, creating channel logos, etc. A website, being the cornerstone of the business, will cement the infopreneurship firmly on the market by making the product go live and give the product a brand name and value. Having a textual, audio, or video blog along with the website will help to reach more customers as a blog gives more specific and personalized information about the business and is indeed an integral part to decide whether the business will succeed or fail.
There are a lot of entrepreneurs who have been successful and their success stories have been an inspiration to thousands. Among them are a handful of infopreneurs who managed to stand out from the crowd with their unique and innovative ideas.
“when people ask me for advice, i tell them: get going. Chances are, you’ll have something wrong, but you won’t know until you test those assumptions with actions†tara reed is one of the most successful infopreneurs. She is the founder and ceo of apps without code, a startup school that tutors non-technical founders how to launch their apps without coding. Her story is not a rag to riches story but it is worth mentioning as she is one of the most successful infopreneurs ever.
She found that while people browse amazon for e-books or netflix for movies, there is no place where art lovers can get recommendations. This led to her launching kollecto, a personalized art recommendation app, which she created without using code. When the youtube videos about her experiences gained over a hundred thousand views, she became the founder and ceo of apps without code. Apps without code is a startup school that provides coaching, webinars and is, in fact, a rigorous boot camp. It helps entrepreneurs, as well as future infopreneurs, turn their ideas into feasible businesses.
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