All I wanted was a blog and suddenly I have a content creation business opportunity in my hands. What to do with it?
Just after making myself familiar with the basics of Steem et al my thinking in regards to steemit as a business is in it's total infancy. My thoughts feel more like loose ends all at different places…
Making a living with steemit.com
What I have seen in various places here is the hope of someday being able to afford a living solely by producing content on steemit.com or sometimes other sites relying on the Steem blockchain as well.
This raises a few concerns on my part:
How do you know, wether enough people who want the type of content you produce are on steemit.com in the first place?
What is your strategy to provide this type of content further down the road, in five years or so?
Additionally, for how long is your type of content (and by extension your particular success with it) feasible to produce?
In other words, I see a lot of worry wether it will be able to milk enough coin out of the system, but I couldn't spot any discussion about the real question. Which is the "factory" so to speak.
Your content factory
If you want to make a living producing content, what you are fundamentally doing, is you are selling your time and industry to your own "content factory." How will this factory get it's raw materials over the lifespan of your professional life? That's the real question you have to answer.
If what your factory produces has any value, you will be able to "sell" it. Meaning, people will give your votes and coins in various forms. Yes, you still have to work on the front of making yourself known and popular enough and all of that sort of stuff. But the basis for anything is what you ultimately produce.
How does that stack up?
Focus on that first. Make sure that you have a quality production line. Then the coins will come up much more easily and your income gains a robustness that it otherwise wouldn't have.