I want to start by taking full responsibility for not including my daily logs for this week, although I did not submit on time it was always my intention to summarize this weeks new thoughts and experiences in one blog posting. This week was very challenging for me since I've been transitioning back into my college environment, I have been taking in as much knowledge as I can per day throughout my busy schedule.
Monday consisted of the responsibilities of an Administrative position, duties expanding from writing content creation, digital marketing, data entry, and even how to conduct yourself on zoom calls. Digital marketing has changed within the last decade due to the advancements in technology. It's a physiological battle in the sense of attempting to spark someone's unconscious mind to think about the product you're pushing. Social media, digital billboards and even our devices have progressed the marketing space to be accessible to almost anyone but only the best thrive. Data entry requires skills within applications such as Microsoft, these include word, excel, & power point, all very accessible for anyone in any field of work.
Tuesday still related to marketing but more specifications were made on Google advertisements. Google Ads is an online advertising platform developed by Google, where advertisers bid to display brief advertisements, service offerings, product listings, or videos to web users. It can place ads both in the results of search engines like Google Search and on non-search websites, mobile apps, and videos. I finished this day learning bits and pieces about 3-D models.
Wednesday I continued to learn about 3-D models and where I can access, edit, and print them. 3-D modeling is the process of developing a mathematical coordinate-based representation of any surface of an object in three dimensions via specialized software by manipulating edges, vertices, and polygons in a simulated 3-D. Blender 2.8 was the intro access point.Blender 2.80's templates and work spaces allow you to do tasks like sculpting, texture painting or motion tracking. They can be customized to create your own efficient working environment.
Thursday and Friday I continued to learn about 3-D printing but from other sources such as Solidworks. is a solid modeling computer-aided design and computer-aided engineering application published by Dassault Systèmes. I felt that this would be my preferred choice if I was to do 3-D modeling in my spare time. The application seems to run smoother and I'd stick to making cars.
My time at Techie Youth was very informative although I have suggestions for improvement this was a great overall experince.
Web development is the work involved in developing a website for online. It can range from developing a simple single static page of plain text to complex web applications, electronic businesses, and social network services. HTML (the Hypertext Markup Language) and CSS (Cascading Style Sheets) are two of the core technologies for building Web pages. HTML provides the structure of the page, CSS the (visual and aural) layout, for a variety of devices.
Today I I basked in the accomplishments of finally finishing two assignments. These were assignments that took constant reviewing and editing and sometimes pushed me to the point where I felt that I didn't want to do it anymore, but once you push forward and make the decision to continue that's where growth begins. That's when after you finish the moment becomes that much sweeter because you could've quit but YOU decided not to. I'd like my credit to actually show for completing the INTRO course but I won't dwell on that at the moment.
Digital goods/ products can be classified as a digital service, electronic good, electronic service or E-good or e-service. The definitions of “digital good” determine what taxes you have to pay. If you’re unaware of which countries consider your product a digital product, you risk breaking the law.
A digital service I can see myself providing is a podcast but this market is very saturated. My main target audience would be college students, helping them during what can be a fairly difficult transitional period in their life. I'd go for audio and video podcast on all streaming services and call it "Declassified".
The most digital products that I consume are podcast but online course are a close second. I would assume that's by circumstance because we've transitioned into a remote virtual world. Most on my college course are online, even the Techie Youth server is online. Almost any platform selling needs/wants serve as their own stand alone product, one that you can invest in yourself.Digital goods are the future.
When trading options there are different strategic methods to take into accord that can all be beneficial. A call option is a contract between the buyer and the seller of the call option, to exchange a security at a set price. While a put option is a financial market derivative instrument that gives the holder the right to sell an asset at a specified price by a specified date to the writer of the put.
These options can be considered "safer bets" when dealing with stocks. They give you daily opportunities to cash out big.
Being young and heavily thoughtful about my financial future has always led me to the same question, "where do I invest my money" ? It's easy to say stocks and bonds but choosing the exact ones can be difficult. REIT's or real estate investment trust poses as an alternative. Real estate has been a long term interest for me and now I know I can invest into it without owning or managing physical property. There's bound to be a return on investment if I take this route but I still have to be mindful of the economy and potential housing market crashes.
Trading options is something I frequented but today's video helped further my understanding about buy ins and signals. These funds are short term and can be made daily.
Also some of my previous entries on specific days weren't saved......
Cryptocurrency is really in now and has the potential to create wealth beyond imagination but in present time the value of crypto has dropped substantially. Currently our market is down right now (bear market) and on average can be down for another 5-6 months. This is a time where people have great potential to profit by buying stocks at a discount until the market goes back up (bull market).
A great way to do this is by accessing investing apps on your smartphone as well as using wallets for your crypto purchases. If you don't know exactly what stock to buy ETFs are great to invest in, they are trading funds that invests into multiple companies, creating a diverse portfolio.
The software of techie youth offers tracks my progress and then then the next day it's considered not reviewed making me have to go over once again what I already completed. Tech support hasnt been helpful.
Customer Service & Team Management was at the forefront today. Being able to acquire start up funds and apply them directly to your business, so you can be able develop the product that customers want at first. Next enlarging your clientele and getting the most from those transactions with proper negotiating skills. You never want to do too much too make a client lose interest but always more than the minimal.
Hiring/firing employees made an emphasis on work expectations. How to address improper behavior professionally to gain positive results. Also doing a termination legally with the correct clauses to avoid any future penalties.
Today was more so around the aspects of managing and maintaining what you create as an entrepreneur. Essentially grasping the terms working smart but with drive and also making sacrifices for you corporation or any other kind of business.
The start of those very ideas begin with the first steps that will create a stable foundation. Creating a business plan and all of it's elements (11) that will further develop your ideas for the foreseeable future. I myself have experience with business plans and the main qualities used to identify as one include but aren't limited to executive summary, target audience, as well as risk management.
Another interesting factor that goes hand in hand with business plans is that you cannot remain attached to only one idea. I quick failure is one of the best. In which case you should have a exit strategy if your business is already up and running, or when getting sued.
Thankfully getting sued will not financially impact you personally depending on if you registered your business as a corporation, if not unfortunately your personal assets can and will be affected (sole proprietorship).
Today really swept through the fundamentals of what being an entrepreneur consists of, including all of it's rewards and challenges.
Initially discovering that anyone can become an entrepreneur as long as they can formulate an idea and execute it. Also they have to take on the financial risk, taking either complete or majority ownership. A few notable characteristics of a entrepreneur include but aren't limited to creativity, confidence, communication and passion. Your ideas essentially begin with yourself so you want to ensure you're putting yourself in the correct position to succeed, such as surrounding yourself with like minded people can be the very next step.
There are two types of entrepreneurship, Innovation Driven (low success rate, high magnitude reward) and Small medium (small companies distributed). Each progresses based upon the same principle (innovation= invention*commercialization) Also it's necessary to allocate necessary expenses to outsource things you made need including materials or specialists.
Finally there was more in depth information about being a leader. Ranging from executing different management styles depending on the peers or environment you may work in, public speaking and what I find most importantly, removing space for irrational fears. With the help of the tools I've learned so far I can see my self being an improved version of the man I am today for the future.
Today I soaked up a vast of information ranging from my physical and mental well being to how become successful as well as maintain it efficiently. Some key takeaways from today include first and foremost love myself & push to become a leader. In order to do that you have to take risks and make sure to not let outside opinions divert my intentions.
Also from a professional aspect I learned how remote work can be beneficial, as long as I document everything, communicate well and use my tools effectively.