We now live in a world where with your smartphone and an Internet connection you can make money.
Time - Sweat - Tears - low investment required
High Capital required- Equipment - Loans - Lease - Staff
Both of these opportunities will require a long term commitment of consistency, effort, and faith.
So don't be eager and take your time.
When it comes to Low Effort opportunities the competition is always congested however don't let that intimidate you because your job is to calculate your risk tolerance.
improving your equipment on your low risk opportunity like buying a camera for your YouTube channel may not be equivalent as improving your equipment on a high risk opportunity like buying an industrial equipment or hiring a staff to operate your business
The Key is to Build, Grow and learn how to PLAY-TRADE-SELL-SWAP-RENT-EARN here in the Splinterlands Web3 Blockchain game - powered by HIVE.
Example 1:
After Start up cost you will have a 4,770 DEC Expense per Season.
To maximize your game assets/collection you will need to spend about 1hr-2hrs daily managing RankBattles/Brawls/Land/tournaments
May differ depends on situation (rough estimates)
Rating of 1420 to 1600 Silver League with x12.27 boost
11-6 record
68 games will take around 12 hours avg. 7mins time from finding match to selection screen
Win 44 games
WILD BOT - Few minutes to set up/ no need to spend time in battles
50 matches and win 20 games in 24 hour period X 14 days = 280 wins
Sometimes WE WIN & Sometimes WE LEARN.
NO RISK NO REWARD
On average a small business takes around 2 to 3 years before it actually sees a profit