As seemingly simple as it is these days to start up in the digital space as an entrepreneur, actually realising success is a totally different game. True entrepreneurship finds a way to shine through though, no matter how saturated the digital space may be, aggravated by the fact that the barriers to entry have been lowered so much that they almost don’t even exist at all.
For instance, if you have an innovative idea for a website that proves to be profitable, an exact replica of that site can be up within the next 24-48 hours, if the right development team was paid to concoct such as competing clone. In any case, it’s pretty much near impossible to truly lay claim to coming up with a completely new innovation in this day and age, because even if you have an original idea running through your head, which the market doesn’t seem to currently have a solution for, by the time you’ve actually launched and gone live with it, you’re shocked to find that in the meantime somebody has implemented it!
Anyway, what we’re leading up to is shining the spotlight on what it takes to be successful as an entrepreneur in this day and age, particularly if you seek to realise your success via the digital space. Our spotlight falls squarely onto the dealings of a pro-gambling entrepreneur, who pretty much embodies the modern day blueprint for entrepreneurial success.
The core monetisation event or channel
If anyone goes by the title of a professional gambler, the suggestion is that they become good at actually making money out of their betting exploits, whether it’s through online betting channels such as online casinos or online sportsbook sites, or indeed if they perhaps visit traditional, brick-and-mortar casinos. Some pros manage to establish themselves as some kind of celebrity gamblers, like poker players who get invited to high-stakes games and are even broadcast live on sports channels, taking part.
Building up leverage
Any pro gambler will tell you that they don’t plan on relying solely on their possible winnings, which is why they endeavour to build some leverage which they can then use to profit off of. If you have some footage of your implementation of successful betting strategies, that’s a form of leverage and there are quite a few other examples, such as the one mentioned about building up a reputation that has you featured as some kind of authority in the gambling spheres.
Using your authority to create secondary and tertiary monetisation channels
Once you’ve established yourself as an authority, from there the focus shifts to monetising that authority by creating secondary and tertiary monetisation channels, like paid memberships to a site on which you’d be discussing betting strategies, a selection of e-books that do the same, etc. You could even shoot videos of reviews of some casinos you visit and then embed affiliate links in those videos so that you can earn a bit of commission through a very effective method of sharing those links which lead to online casinos that offer handsome signup bonuses and the likes.