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Author Topic: Advice for our Chinese entrepreneurs  (Read 975 times)
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The revolution will be monetized!

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March 30, 2011, 04:49:00 PM

It has been an interesting experiment to see the ideas of the Chinese students who are trying to earn bitcoins for a class project. I bought something today and had a wonderful experience connecting with some random person in China. In an effort to help these students to do even better, I offer the following advice.

1. Consider what can be sold easily. A dog, for example, is not a good choice. It would be almost impossible to send it to your buyer. The information about Chinese food I bought is a good example of something easy to buy and easy to provide over the internet.

2. Be upfront about price and terms. Many of the students have been unclear about the price. This is all new, so it is understandable. However clearly showing the price in an ad will increase the confidence of the buyer.

3. Have all the details needed to do the transaction in the ad. That includes the price, how the product/service will be delivered, and your receiving address.

What is it with me and lists today?

The gospel according to Satoshi -
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