Methodology

O ye, prospective entrepreneur! (dude! Shakespeare would have said it this way) Have some trust in technology- let it work wonders for your enterprise. 

Now that we’ve revealed our Michelin star worthy recipe, we’ll divert back to why one should consider a phone-based business in the first place- taking into account both its general benefits and its relative benefits when compared to others businesses housed in a variety of geographic locations. 

So lets get into the nitty gritties of “Why a phone-based business?” And to answer that, a phone based business is probably the most feasibly mechanism for individuals to exercise their entrepreneurial spirits- especially if you’re a teenager lacking both finances and resources. Come on, imagine yourself as the next GraceFitUK - this london based blogger turned e-businesswoman was invited to dine in with Queen Elizabeth for her dual empire constituting both fashion and fitness. Plus, such start-ups are possibly a worthwhile option especially when there’s declining job security and vacancies in the job market. Plus, the extra earnings earned from a phone-based business can definitely do one good. 

Now for the second question, “Why a phone-based business over other types of businesses?” To say e-commerce is booming, would unquestionably be an understatement: in 2019 alone, e-commerce constituted for $3.5 trillion in sales and occupies over 10% of retail sales in the US. Not making any sense? Imagine it this way: if there are 7.6 billion earthlings inhabiting the earth, there are 4.1 billion internet users who you have the potential to promise your products slash services too. And better yet, mobile commerce made a whooping $700 billion worth revenue in 2017, an apprecial 300% growth since the last four years (can’t you just smell the skyrocketing profit potential?). Apart from the argument that your phone-based business is likely to succeed in our techjunkie generation, there are  also the more practical reasons worthwhile viewing, such businesses involve lower running and operating costs when compared to traditional businesses that bear hulking fixed costs including rent, electricity, gas etc. So while this notion of greater affordability has probably started ringing bells in your ears, in order to keep these bells ringing lets evaluate the type of phone-based businesses you can consider commencing. 

 

A dating service:

The fact that this article begun with a reference to a dating service, means you probably should’ve expected this to be in the list of potential e-based endeveaours worthwhile embarking on. And no, you will not be expected to date someone via Zoom call or date an avatar in your self-created virtual reality ( although, this is a good idea). Instead, likewise to booking an Uber, you’d be booking a date for the day. The pre-requisites however would involve individuals willing and able to both sell and buy their dating services and a powerful marketing campaign- anything and everything that can be done from the click of your phone. 

Counselling:

Whether its psychological, academic or career counselling, your sessions can be arranged from the comfort your cozy couch. In fact, the biggest advantage here is that your sessions can transcend border boundaries and serve a infinitely broader international market considering they’ll be online. Now, if you’ve got butterflies in your stomach regarding the prerequisites of such a phone-based business then fear not, all you need is a phone with good camera, sound and video quality considering majority of your work will be executed by phone or video calls. You’d also probably require an aggressive advertising campaign bering in mind that you’ll be competing against both domestic and international counselling services. 

Freelancing:

This may be the thousandth time someone has recommended freelancing to you, but remember that freelancing involves a degree of flexibility in terms of choosing your timings, categories and sellers. If you feel writing is not your strongest suit, then drift your dream car away from content writing related freelancing and enter the freelancing closet (it’s probably as big as Barbie’s). From videography, to photography, editing, proofreading, translating and designing, you can find a freelance network that both savours and sells your skill. 

Considering we’ve ticked our checkbox of providing you with certain ideas on basing your phone-based business upon, lets move onto how your phone can actually help you take your entrepreneurial endeavour forward. 

Evernote:

This software will enable you to track your thoughts and keep them organized- its even got a free package (a heads up for all our Memon readers). 

Hootsuite:

This hot-shot software will unite all your social media platforms - Instagram, Facebook, Twitter, LinkedIn etc.-  into one desk to hold you from haphazardly hopping from one to the next. You’d be surprised to here that this software can almost link 100 social sites. 

Surveymonkey

Who let the monkeys out? Trust us on this, you will- upon hearing how tremendous this tool is. It enables you to design, create, aggregate and evaluate consumer or supplier based surveys. Henceforth, you have statistics and invaluable quantitative data to justify your decisions to your clientale. But most importantly, this mechanism is the key to unlocking customer engagement, which inevitable provokes informed business decisions based on varied consumer choice. 

Streak

This Customer Relationship Management (CRM) tool allows you to sort your customers into different categories online instead of manually grouping or filtering  them. 

Now we’ve also compiled a list of free mobile applications that make mobile device management (MDM) easier:

Zenefits: This is a human resource (HR) applicaton that’ll allow u to manage payroll, time sheets, employees’ insurance etc. 

Microsoft Power BI: This tool enables you to create data illustrating marketing trends- fundamental for presentations, or keeping track customer preferences. 

Evernote scannable: What phone-based business wouldn’t need this? It’s your step towards a paper free new world order! 

While we hope these ideas will curse your cold feet away, it is important to mention that hyper-real technological innovations imply that the ease of executing a phone-based business will gradually increase further, Hence, you have naught to worry about.