“The secret of change is to focus all your energy not on fighting the old but on building the new.” — Socrates, Father of Western Philosophy
FICS helps initiate an entrepreneurial culture and provides latitude to youth using technology to support innovation for themselves and for the betterment of society.
By bringing innovation to every aspect of business, entrepreneurial ventures can enhance production by utilizing the existing resources in the most effective ways. They can develop new markets by introducing new and improved products, services, and technology.
FICS promotes innovation, and also promotes social changes, can develop, and improve existing enterprises, promote research and industrial development. Thus, they help generate new wealth and add more to the national income. As a whole, it is basically the right atmosphere you desire if you are an entrepreneur.
For instance, modernizing production processes, implementing new technology in the overall distribution and marketing processes, and helping the existing enterprises to utilize existing resources in more efficient ways.
To summarize, supporting and promoting entrepreneurship can have a positive impact on the country’s economy and even existing businesses, and social entrepreneurship increases the likelihood of finding innovative solutions to social challenges faced by communities around the world.
This article is about a few ideas for those who are looking to innovate, make an impact on society through their knowledge, and earn money by putting in some extra effort, without investment or with very little money.
1. Digital Marketing Consulting
Online marketing is one of the best options for business clients, helping them with everything from advertising to content marketing.
2. Chatbot Creator
You can also build a chatbot that uses AI to communicate your product details with people and then offer it to business clients.
3. AI Platform
There are plenty of other potential uses for AI that you can explore as a tech-savvy entrepreneur. One could develop a voice-activated device or app that uses the technology to answer questions or perform other tasks.
4. Analytics Service
You could also create an online platform that allows businesses or website owners to gather analytical data about website performance, customer interactions, or other online functions.
5. 3D Printing Manufacturing
3D printing is another major tech trend. If you can design small parts or other products that can be 3D printed, you can start a small manufacturing operation business and earn from it.
6. Robotics Manufacturing
If you want to get even more in-depth with your manufactured offerings, you could create parts that go together to create robotics products.
7. UX Service
You could also provide an essential service to website owners or app developers by testing their features to make sure they’re offering a good user experience.
8. Affiliate Marketing
One business that is most preferred by people today is affiliate marketing. There is no need for high investment, you can sell other people’s products. Promoting a merchant’s product or services through some link provided (aka affiliate link) is the core of this kind of marketing. The interested individual signs a deal with a merchant like Clickbank, CJ, Flipkart, Amazon, etc. through its affiliate program, and receives a link in return.
Creating something from nothing is no easy feat. Convincing people that you’re providing a valuable service and making them buy your products sometimes require a lot more. I’ll end with the following saying:
“The stars will never align, and the traffic lights of life will never all be green at the same time. The universe doesn’t conspire against you, but it doesn’t go out of its way to line up the pins either. Conditions are never perfect. “Someday” is a disease that will take your dreams to the grave with you. Pro and con lists are just as bad. If it’s important to you and you want to do it “eventually” just do it and correct course along the way.”
Written By:
Maria Ijaz
Executive Publications
FICS’22
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