Digital Asset Entrepreneurship: Low Costs, Greater Control, Future of Business

Digital Asset Entrepreneurship: Low Costs, Greater Control, Future of Business

Apr 10, 2023

As a digital asset entrepreneur, the sky's the limit in terms of earning potential. With the ability to create and sell multiple products, the only limit is your own creativity and drive. The global digital content market is projected to grow from $138.4 billion in 2020 to $201.2 billion by 2025, at a CAGR of 7.8%, according to a report by Statista.

Advantages of a Digital Asset Entrepreneur

One of the major advantages of digital asset entrepreneurship is the low start-up costs. Starting a digital asset business is inexpensive, as there are no physical products to manufacture or store.

This allows for greater flexibility and fewer financial barriers to entry. According to a report by the Small Business Administration, the average cost to start a small business is around $30,000. However, starting a digital asset business can cost as little as a few hundred dollars for website hosting and software.

Digital asset entrepreneurship also offers unparalleled flexibility and freedom. The pandemic has accelerated the trend of remote work, with many companies adopting flexible work arrangements.

A report by Upwork found that by 2025, an estimated 36.2 million Americans will be working remotely, an increase of 16.8 million people since before the pandemic.

This freedom allows for a better work-life balance and more time to pursue personal interests.

Passive Income Opportunities

Another advantage of digital asset entrepreneurship is the potential for passive income. Digital assets can provide a source of passive income, meaning that once created, they can continue to generate revenue without ongoing effort.

According to a report by SEMrush, 65% of marketers who use affiliate marketing as a revenue stream generate over $1,000 per month in passive income.

Digital assets also offer greater scalability and growth potential. The digital product market is expected to reach $1 trillion by 2025, according to a report by ReportLinker. Digital asset entrepreneurship also allows for greater control over your business, from the products you create to the marketing and sales strategies you employ.

Diversification: Where Does It Fit In

In addition, digital assets allow for greater diversification of income streams, reducing reliance on a sole source of income. The pandemic has highlighted the importance of diversification, as many traditional businesses struggled to adapt to changing consumer behaviors and economic conditions.

Being a digital asset entrepreneur also offers personal fulfillment and a sense of purpose. Pursuing your passions and interests in your work can lead to greater fulfillment and engagement in your career, according to a report by Harvard Business Review.

Digital assets can also be used to create social impact, from education and training to raising awareness about important issues. According to a report by Nielsen, 66% of consumers are willing to pay more for products and services from companies that are committed to social impact.

Final Thoughts

Finally, digital assets can provide a legacy, allowing entrepreneurs to leave a mark on the world and create a lasting impact. Many successful entrepreneurs are known for their lasting legacies, from Steve Jobs and Apple to Oprah Winfrey and her media empire.

In summary, being a digital asset entrepreneur offers a variety of benefits, and joining the Digital Asset Insider community can provide you with the latest insights, tips, and strategies for managing your digital assets and maximizing profits.

With unlimited earning potential, low start-up costs, personal fulfillment, and the ability to leave a lasting legacy, digital asset entrepreneurship is a fulfilling and profitable career choice. Sign up for the Digital Asset Insider newsletter today to stay ahead of the game!

This article was brought to you by Troilus J Moss

Troilus 'CashFlowologist' MossFounder of TopAd101 Marketing, has authored 50+ articles to date on creating cashflow from entrepreneurial activities as an active network marketer, direct sales professional, and author.

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