Curated Business Ideas : Monetising Life Experience - Jack’s Curated Business Idea

Monetising Life Experience

Jack’s Curated Business Idea

Jack Lookman

CONTENT

1. Preamble

2. Youtube viewers

3. Introduction

4. Will the narration be anonymous?

5. Possible learnings from failure?

6. Benefits of the Project

7. Could this project become a cash cow?

8. Is there a need for collaboration?

9. Collaboration opportunities with Jack Lookman

10. Collection of Experiences?

11. Could you collaborate?

12. Could content be created on 1 or more platforms?

13. Could there be a template for the content?

14. Could the content be evergreen?

15. Expectation management / disclaimer

16. What format will it take?

17. How could the project be funded?

18. How could life experience be monetized?

19. Who shall own the intellectual rights?

20. Is life experience taught in the classroom?

21. Is there really a degree on life experience?

22. In what language should the content, be?

23. Some legal considerations to ponder:

24. Could there be any leveraging options?

25. Some marketing plan considerations:

26. Mentoring with Jack Lookman

27. Some thoughts on the methodology and process

28. Monetisation plan

29. Some suggested niches

30. Potential opportunities from the project

31. At Jack Lookman Limited

32. Who owns the intellectual rights?

33. Some thoughts to consider are:

34. Could passive income be earned?

35. On which platforms could content be published?

36. Some Profit Sharing Formula considerations:

37. What resources are required?

38. Some scope considerations:

39. Some suggested skills

40. Could a team be of benefit?

41. What exactly is the idea?

42. What’s the inspiration for the idea?

43. What are the threats to this idea?

44. Here is a suggested value chain:

45. What’s the value proposition?

46. What does life experience entail?

47. Who benefits from this venture?

48. Volume and quality of content

49. Dispensation of financial proceeds

50. Solo stories or compilations?

51. Could I do this business as a side or full hustle?

52. Some Budgetary considerations:

53. If you make profit, should you Re-invest?

54. Some costing and pricing thoughts

55. Exit Strategy

56. Conclusion

57. About Jack Lookman

58. Books by Jack Lookman

59. Some resources by Jack Lookman

60. Did you get value?

61. Youtube video

62. Will you like to collaborate?

63. Will you like to be mentored by Jack Lookman?

64. Some collaborations:

65. OTHER PUBLICATIONS BY Jack Lookman Limited

66. About Jack Lookman

67. Some useful hashtags

Hello! Welcome to our series on Jack’s Curated Business Ideas. My name is Olayinka Carew aka Jack Lookman. Today’s topic is Monetising Life Experience.

1. Preamble

Are you someone with few skills? Are you an older citizen? Do you require additional income? Do you wish to reduce the burden on your children? Could you be a Content Creator? Do you require a side hustle? Do you wish to add value to society? Do you wish to explore latent skills? Could you be sitting on a pot of gold?

Could you leverage Social media? Will you love to think outside the box? Could you become impactful? Could you make a difference? Is that degree of life accumulating dust? Could you monetize life experiences? Could you monetize your life experience? Is your life experience a waste? Is your life experience accumulating dust?

Are you sleeping on gold? Is that far away dream right there by your side? Is it awaiting execution? Could you collaborate? Could you make it happen? Could you make hay while the sun shines? Or will you wait until after then, when the opportunity leaves? Could there be learnings for others?

Could you share your story? Could your story be anonymous? Do you need to be learned? Do you need to be successful? Have you made any little life wins? Have you succeeded where others failed?

Could pitfalls be avoided? Successes, failures, pitfalls? Good, bad and ugly? Is it original? Is it valuable? Is it interesting? Has it got great potential? Do you wish to monetize?

If yes, this project may be of interest.

Will you love to find how?

If you’ve answered yes to any or more of these questions, please continue consuming this content.

Jack’s Empowerment. Jaaloo Puzzles. Life Lessons For Teenagers

Jack Lookman Limited. Baby Jaaloo

2. Youtube viewers

If watching this video on Youtube, it has timestamps. You could zoom into the sub-topics of interest.

3. Introduction

I see different every day people; some with inspirational stories, stories which could inspire children and positively impact their lives. Stories which could impact their mindsets as well as expectations. Stories which could mould them into greater and better adults, but some of these stories are not told in the media or papers. They are not in text books and not taught in university. They are buried in sands of time, because the authors are not visible. Could this present an entrepreneurial opportunity? For the benefit of both parties? Could the story originator benefit as well as the content creator? Could society benefit as well as the world at large? Let’s explore possibilities with the hope of answering.

4. Will the narration be anonymous?

Some of the content may be sensitive; there’s however a need to share experiences to enable learning. Anonymity may be the way forward. Legalities shall be put in place to protect the identity of the narrator. That way, great content may be shared and the process may be richer.

5. Possible learnings from failure?

As negative as failure may seem, there are benefits, which may come forth; pitfalls to avoid, lessons from failure, and how the failure was overcome.

Jack’s Empowerment. Jaaloo Puzzles. Life Lessons For Teenagers

Jack Lookman Limited. Baby Jaaloo

6. Benefits of the Project

Some potential benefits from this project, include:

Financial benefits
Impact
Empowerment
Inspiration
Fame
Wealth
Opportunity
Jobs
Skill enhancement
Etc

7. Could this project become a cash cow?

If the content is well curated; if due diligence is applied; if the content is relevant and if well accepted. If the content is well marketed and if the project is blessed; you could make a lifetime of passive income. You could even monetize in your grave.

Jack’s Empowerment. Jaaloo Puzzles. Life Lessons For Teenagers

Jack Lookman Limited. Baby Jaaloo

8. Is there a need for collaboration?

To execute this project

9. Collaboration opportunities with Jack Lookman

Have you come across our products and services? Do they resonate with you? Will you like to have a chat? Could you add value to our doings? Could you benefit therefrom? Will you love to collaborate with Jack Lookman? If yes, please send an email to us.

Use an appropriate subject heading and a brief narrative. We’ll give your request due consideration by God’s grace.

10. Collection of Experiences?

The content shall be:

Concise
Anonymous
Easy to digest
Of great value
Be interesting
And relevant

Jack’s Empowerment. Jaaloo Puzzles. Life Lessons For Teenagers

Jack Lookman Limited. Baby Jaaloo

11. Could you collaborate?

Yes, you could. You may be academic. You may be literate. You may be illiterate or semi illiterate; it doesn’t really matter. What’s important is to communicate the valuable life experience/s. The Content Creator and suitable others will do the rest

12. Could content be created on 1 or more platforms?

Yes, it could. On platforms such as:

Ebooks
Paperbacks
Social media
Blogs
Vlogs
Podcasts
Etc.

Jack’s Empowerment. Jaaloo Puzzles. Life Lessons For Teenagers

Jack Lookman Limited. Baby Jaaloo

13. Could there be a template for the content?

This might be beneficial. It could make the process more structured. Give some thought to this, create your template and modify it as necessary.

14. Could the content be evergreen?

As long as the content is rich, as well as relevant and valuable, it could become an evergreen product. Yourself and generations could benefit financially and morally.

15. Expectation management / disclaimer

For this project, there is a possibility of success or failure. Nothing is guaranteed. Effort and time is required. Skills are required. Commitment is required. Acceptability by content consumers is required. Grace and blessings are required; etc

Jack’s Empowerment. Jaaloo Puzzles. Life Lessons For Teenagers

Jack Lookman Limited. Baby Jaaloo

16. What format will it take?

The content could be in one or more of these formats:

Text
Audio
Video
Animation
Narrative
Interview
Etc

17. How could the project be funded?

It could be funded:

Individually
Via Family and friends
Via Crowdfunding
Via Bank loan
Via Investors
Etc

Jack’s Empowerment. Jaaloo Puzzles. Life Lessons For Teenagers

Jack Lookman Limited. Baby Jaaloo

18. How could life experience be monetized?

For the purpose of this presentation, you could monetize life experience by creating content. This could be on various platforms in different formats in different languages and for different audiences. You could monetize via:

Product sales
Adverts
Marketing
Sponsors
Etc

19. Who shall own the intellectual rights?

This could be negotiated with concerned parties. Agreements shall be articulated. It could be jointly or singularly owned. Legalities shall be put in place to avoid conflict. The process needs to be fair. The aim is for a win-win by all concerned parties

20. Is life experience taught in the classroom?

The simple answer is no. Or may be, little. Different life and other experiences are captured on different media, textbooks, films, videos, Social media, verbal letters, novels, comedies, documentaries, etc. But these may only be a drop in the ocean.

Jack’s Empowerment. Jaaloo Puzzles. Life Lessons For Teenagers

Jack Lookman Limited. Baby Jaaloo

21. Is there really a degree on life experience?

To get a degree, you may need to go to university; but life experience is much beyond university. There’s no major script for it. May be more of guidance. For example, academics and professionals could fail at marriage. They could also fail at bringing up desirable children. Some academics may be bad cooks. Some may be unable to effectively manage money. Some may have poor domestic skills; relying on cleaners and cooks to keep the house. Some may only be academically inclined, but may not be street smart. Some crumble in the face of adversity and some are only good in their specialities. You therefore don’t get all life learning in university.

On the other hand, life teaches lots of lessons, which could be informal.

If these are found to be worthy, we could hypothetically give a degree of life learning.

This could however be difficult to quantify; or couldn’t it?

22. In what language should the content, be?

Consider: a single language; multiple languages; translations.

Though it’s your judgement call, it’s suggested to be in multiple languages.

This may however impact your finances and resources.

If the return on investment becomes much higher then it may prove a wise decision.

Jack’s Empowerment. Jaaloo Puzzles. Life Lessons For Teenagers

Jack Lookman Limited. Baby Jaaloo

23. Some legal considerations to ponder:

Agreements
Contracts
Profit Sharing Formula
Intellectual rights
Ethics
General data protection regulation
Indemnification
Anonymity - as necessary
Etc

Jack’s Empowerment. Jaaloo Puzzles. Life Lessons For Teenagers

Jack Lookman Limited. Baby Jaaloo

24. Could there be any leveraging options?

Yes, there could. You could leverage your:

Network
Your skills
Your wider network
Freelancers
The internet
Social media
Interpersonal skills
Your experience
Your exposure
Your strengths
Etc

25. Some marketing plan considerations:

Budget
Digital marketing
Affiliate Marketing
Social Media Marketing
Influencer marketing
Traditional marketing
Advertising
Referrals
Outsourcing the marketing
Managing the marketing process
Etc

Jack’s Empowerment. Jaaloo Puzzles. Life Lessons For Teenagers

Jack Lookman Limited. Baby Jaaloo

26. Mentoring with Jack Lookman

Are you enjoying the content? Have you consumed other content by Jack Lookman? Do you resonate with content by Jack Lookman? Will you love to be mentored by Jack Lookman? Your age is unimportant, as learning is lifelong.

We could learn from each other.

Consider visiting Jack’s Mentoring 101

We have free and paid content if interested, alternatively send a brief email to Jack Lookman Limited

Use an adequate subject heading and a short narrative.

27. Some thoughts on the methodology and process

Interviewing the narrator
Scouting for possible narrators
Content creation
Content editing
Publishing on multiple platforms
Quality control
Marketing
Profit sharing
Monetisation
Data capture
Social media leverage
Advertising
Legalities
Accountability
Transparency
Payment of ‘royalties’
Etc

28. Monetisation plan

Product sales
Platform monetisation; e.g Social media, etc
Royalties
Conversion to films
Interviews
Public speaking
Platform adverts
Private label rights
Etc?

29. Some suggested niches

Males
Females
Youths
Students
Undergraduates
Graduates
Widows
University experiences
Widowers
Artisans
Professionals?
Villagers
Under-privileged
Elderly
Retirees
Journeys through adversity
Survivors
Orphans
Illiterates
Semi-literates
Diasporas
Etc

30. Potential opportunities from the project

Monetisation
Wealth creation
Job creation
Impact
Value sharing
Societal enrichment
Lingual enrichment
Education
Mailing list
Marketing
Re-marketing
Enlightenment
Skill enhancement
Literacy enhancement
Empowerment
Inspiration
Etc

31. At Jack Lookman Limited

Our vision is to Empower and Inspire Generations by leveraging the Internet.

Yes, it’s about Empowerment and Inspiration.

empowering and inspiring generations

32. Who owns the intellectual rights?

Narrator?
Content Creator?
Entrepreneur?
Publisher?
Social media platforms?
Other publishing platforms?
A combination of the above?

This shall be negotiated and articulated.

33. Some thoughts to consider are:

Negotiations
Legalities
Fairness
Profit Sharing Formula
Royalty
Compromise
Joint ownership
Etc

34. Could passive income be earned?

The content has potential of yielding passive income. You put in the initial effort and then carry out maintenance as necessary and of course marketing. Once the content is of great value, the business could become a cash cow.

35. On which platforms could content be published?

Some considerations are:

Social media
Paperbacks
Blogs
Podcasts
Ebook
Television
Radio
Etc

36. Some Profit Sharing Formula considerations:

Negotiation
Fairness
Legalities
Royalty
Payment dates
Trust
Accountability
Transparency
Payment methods
Empathy

37. What resources are required?

Human resources
Equipment
Narrator
Platforms
Positive mindset
Relevant skills
Empathy
Transportation
Etc

38. Some scope considerations:

Interesting content
Great value
Impactful content
Original content
Profitable content

39. Some suggested skills

Storytelling
Content creation skills
Language skills
Basic legal skills
Communication skills
Interpersonal skills
Fundraising skills
Budgeting skills
Numeracy skills
Basic information technology skills
Social media skills
Marketing skills
Entrepreneurial skills
Marketing skills
Profit Sharing Formula skills
Etc

40. Could a team be of benefit?

An ideal team could include the undermentioned; however some individuals could carry out multiple activities.

Below are suggested team members:

Content Creator
Linguist
Translator
Legal personnel
Social media personnel
Marketer
Entrepreneur
Publisher
Scout
Driver
Etc

41. What exactly is the idea?

It's about curating beneficial content from interesting life experiences; especially from untapped sources, such as:

The elderly
The disadvantaged
The deprived
Professionals
Common people
Etc

It’s about curating content, commercializing it

Internet, technology and Social media shall be extensively leveraged.

42. What’s the inspiration for the idea?

I see some elderly people. Those of great knowledge and experience. Some wallow in poverty. Some have little income. Some are victims of lack of planning. Some are victims of corruption. Some beg directly or indirectly. Some just watch the days rolling by.

But they probably seat on gold, without them knowing.

They have a wealth of experience which could be turned to cash. Some have marital experiences. Some have work experiences

Couldn’t these experiences be curated by them, or via collaborators? Could they be stand-alone content or content merged with others? Could they be on different platforms and in different languages? Isn’t this the marriage of content creation, life experience, technology and entrepreneurism?

Is this a good inspiration?

Or will it cause depression?

What are your thoughts?

43. What are the threats to this idea?

Possible threats are:

Conflict between stakeholders
Intellectual theft
Not carrying out due diligence
Inadequate funding
Lack of interest in the content
Status-quo fightback
Inadequate marketing
Etc

44. Here is a suggested value chain:

The story originator (or narrator)
The Content Creator
The entrepreneur
The publisher
The platforms
The content consumer
Generations of content consumers
Educational institutions
Legal personnel
Parents
Children
Youths
Adults
Etc

45. What’s the value proposition?

The value on offer is the sharing of life experiences; the good, bad and ugly

To mould opinions.
To enrich society.
To avoid unnecessary pitfalls.
To create income streams
And to make the world a better place.

46. What does life experience entail?

It entails any activity or observation by humans.

For the purpose of this content, such experience shall be beneficial and add value to generations.

If value is given, entrepreneurial rewards shall follow.

47. Who benefits from this venture?

The story originator (narrator)
The content creator
The entrepreneur
Children
Youths
Adults
Society
Generations

48. Volume and quality of content

Content shall be:

Entertaining
Concise
Educational
Of great value
Qualitative

49. Dispensation of financial proceeds

Please consider the undermentioned:

Stakeholders
Charity
Recycling into the business
Agreement
Timely dispensation
Contract
Effective administration
Accountability
Transparency

50. Solo stories or compilations?

When curating content, should it be for one or multiple niches? Should the target demographic be singular or multiple?

It could be either or both. That shall be a judgement call for stakeholders.

Economics
Impact
Logistics
Individual stories
Compilation of short stories
Or both.

It's a judgement call

51. Could I do this business as a side or full hustle?

Again, it’s a judgement call. You need to evaluate the time and resources spent, as well as the financial returns. If it’s financially viable to sustain your needs and those of dependents, you may consider it as a full hustle.

Otherwise, you may consider doing it as a side hustle.

If there is however little or no return you may reconsider your steps

52. Some Budgetary considerations:

Costing
Expenses
Profit
Loss
Cash flow
Planning
Logistics
Return on investment
Pricing
Funding
Staffing
Etc

53. If you make profit, should you Re-invest?

The simple answer is yes. You may however need to decide on the percentage once you get the success formula.

You may invest more resources and improve on your doing. That way, you could multiply your profit and grow the business faster, as well as become more impactful.

54. Some costing and pricing thoughts

Think about:

Time
Resources
Money
Return on investment
Office
Logistics
Human resources
Equipment
Costs
Profit
Break even period
Affordability
Competition
Value
Reasonability
Etc

55. Exit Strategy

Consideration shall be given to an exit strategy. What happens with collaborators in the case of:

death
sickness
conflict
resignation
sale of business
etc

56. Conclusion

The whole purpose of this academic exercise is to:

Optimize life experience
Add value to society
Empower willing participants
Create income streams
Explore the entrepreneurial opportunity
Create wealth
Create jobs
Minimize direct or indirect begging
Reduce financial burdens on children
Create financial independence
Restore dignity of the participants
Encourage thinking outside the box
Stimulate thought processes
Improve self esteem
Etc

57. About Jack Lookman

He qualified as an Engineer.
He has varied work experience in paid and unpaid roles and in different sectors.
He’s currently a Content Creator, Mentor, Affiliate Marketer, multiple Author, Entrepreneur, Collaborator and Volunteer.
He has experienced life’s ups and downs
He’s blessed with children.

58. Books by Jack Lookman

Check here

Internet search? Jack Lookman

59. Some resources by Jack Lookman

60. Did you get value?

Did you learn 1 or 2 things? Did it stimulate your thoughts? Could it benefit family or friends?

If yes, please consider liking, sharing, subscribing and reposting content on our Social media platforms.

Also consider purchasing our products and services.

61. Youtube video

Monetising Life Experience

62. Will you like to collaborate?

Does the Jack Lookman brand resonate with you? Will you like to collaborate? If yes, please send an email to us.

Use an appropriate subject heading and narrative.

63. Will you like to be mentored by Jack Lookman?

If yes, please send an email to us .

Use an appropriate subject heading and narrative.

Selar : Rasheedah Raji

Selar : Gabriel Adeola

Selar: John Tosin Adekunle

Selar : Ifeanyi Okenwa

Selar : Jack Lookman

65. OTHER PUBLICATIONS BY Jack Lookman Limited

Visit here for links

Despair, Submission, Faith and Hope – Volume 1
Despair, Submission, Faith and Hope – Volume 2
Monetising Digital Book Reviews
E-Commerce For Traditional African Attires
Basic Management And Fundraising Tip For Community Groups
Monetising A Digital Library
Ajo, The App And Opportunities
Empowering Orphans, Widows and Widowers
Submission, Gratitude, Faith and Hope
10. Oro Ishiti- Indelible Yoruba Words - Adebanji Osanyingbemi
11. Eid Monetisation by Leveraging Technology
12. What are your thoughts? What is your mindset? - Volume 1
13. What are your thoughts? What is your mindset? - Volume 2
14. Twenty Curated Business Ideas - Volume 1
15. Jaaloo Puzzles - Volume 1
16. Jaaloo Puzzles - Volume 2
17. Beauty Of The Storm - Gabriel Adeola
18. Digital Career Guidance App
19.Bath Sponge Project
20. Community Group Monetisation
21. Profit Sharing Formula App
22. Event Discount App
23. Leasing Digital Tablets / Gadgets To Undergraduates
24. Monetising Jollof Rice
25. Monetising And Empowering The Nigerian Driver
26. Business Idea Critique
27. Monetising Life Experience
28. Remarkable Lessons From Mothers-In-Law - Jumoke Carew
29. Empowering The Less Educated
30. The Bachelors’ Club

66. About Jack Lookman

Olayinka Carew, aka Jack Lookman is the 1^st of 5 Children.

He has 3 children, and an elderly mum. He is resident in the United Kingdom and is of Nigerian origin.

He studied at King’s College, Lagos and University of Lagos.

He has varied life and work experiences.

He has been involved in voluntary and paid jobs.

He is dedicating the rest of his life to empowering and inspiring generations.

This is one of his legacy projects.

Though he has health challenges, he does not let that impede his mission and vision.

Even though he studied Engineering in University; his calling is so many miles away from that. He is currently an Entrepreneur, Content Creator, Affiliate Marketer, Volunteer, Collaborator and Mentor.

He is the Director and Owner of Jack Lookman Limited, a registered business in the United Kingdom; and their aim is to empower and inspire generations by leveraging the internet.

This is Olayinka Carew aka Jack Lookman signing off.

Ire o (I wish you blessings)

Ire kabiti (I wish you loads of blessings)

We do Affiliate Marketing, promoting products and services of 3rd parties. We get a commission, but at no additional cost to you.

67. Some useful hashtags

#jackscuratedbusinessidea

#jackscuratedbusinessideas

#CuratedBusinessIdeas