Can you build a profitable business on Steem?

Do you think it is possible to build a profitable business on Steem, which will actually become the main source of income for you and your family?

Today, in the midst of the chills of crypto-winter, it is becoming clear that this business should not be dependent on the price of STEEM. Think about it: a year ago, it was almost a dollar and now we are approaching the $0.13 mark. After all, you don't want your family's well-being to be like a roller coaster ride!

And although it is much cheaper to become a Steem whale today, with a market cap of $40 million, it is still too expensive for most Steem enthusiasts. So rule #2: this business should not rely on the possession of large amounts of STEEM.

As a social network, Steem still has a long way to go. After all, how many of your closest friends use Steem? With just over a million accounts and 50,000 active daily users, it is also clear that such a business should not require a massive adoption of Steem in your geo.

And one more thing! For such a company to have a common appeal, its operation should not require a degree in computer science or a major in English!

SteemFest: a business challange

Anything else? Oh yeah, I almost forgot! Once you have enough, it should be easy to sell this business. And for a good price too.

Any ideas?

If you think it is almost impossible to build such a company on Steem today, I invite you to join me for my presentation "Steem as a platform for business" at the SteemFest in Bangkok (6-10 November 2019) and in 20 minutes I will present you the business idea, model and the implementation plan.

We may even have a roundtable discussion (with @roeland's blessing) to do a deep dive into the platform and clarify the go-to-market strategy.

See you soon in Thailand!