Business Plan:

Business Idea:

I am planning to start a platform that offers concise video summaries of popular trading books along with interactive chart examples for practical application. The platform will cater to individuals interested in learning about trading but might not have the time to go through entire books.

Target Market:

The target market for this platform includes novice traders, busy professionals looking to enhance their understanding of trading, and students studying finance or economics.

Revenue Streams:

Subscription Model: Users can subscribe to access the entire library of video summaries and interactive chart examples.
Advertisement: Collaborate with trading platforms, brokers, and other relevant businesses to advertise on the platform.

Marketing Strategy:

Social Media Marketing: Utilize platforms like Instagram, Facebook, and Twitter to reach a wider audience.
Collaborations: Partner with influencers in the trading and finance niche to promote the platform.
SEO and Content Marketing: Create blog posts and videos related to trading tips and strategies to improve search engine ranking.

Financial Projections:

Monthly Subscription Fee: $10
Estimated Monthly Subscribers in the first year: 500
Advertisement Revenue: $500/month (initially)

Cost Structure:

Content creators and editors
Marketing and advertising expenses
Platform maintenance and development costs

Future Developments:

Expansion of book summaries to cover a wider range of topics like personal finance, investing, and entrepreneurship.
Building a community forum for subscribers to interact and share knowledge.

Estimated Monthly Revenue:

Estimated MRR: $5,000

Startup Idea: A platform that provides concise video summaries of popular trading books along with interactive chart examples for practical application