Is it wrong to monetize a bitcoin/cryptocurrency seminar/meeting?

Oceat

sr. member

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Quote from: FanatMonet on February 03, 2020, 05:07:26 AM

You could hold such meetings for free, provided that you yourself do not spend money on renting premises and other expenses and do paid training if someone was interested in this.

Or, as an option, make some minimum entry fee to weed out extra people.

Promoting Bitcoin to an uncommon places and people to OP who's not yet very well-known to the other people while asking for a fee is not a good idea. And also, Bitcoin is not yet too common to the other people that's why there's no need to ask for any fees yet. Just ask fees only if the people is interested to know more in private as a compensation of OP's time.

P_Shep

legendary

Activity: 1795

Merit: 1208

This is not OK.

Also worth considering is that free things are ascribed less value; you give it away for free, people will think it worthless and not value it.
A small fee to cover at least admin costs should be no problem to anyone. And those which think it not worth it?... well those are probable the kinds of people you don't want anyway.

Kelvinid

sr. member

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win lambo...

That was a thing you'll have to expect when you are running for a training/seminar. You'll be expecting also that many people will come to you for queries and lots of questions coz they never understand it clearly during that time. That is why training and seminars can't just be enough for a person to learn and that is why also they will keep asking because they want to be guided by what they are doing by now. And if you are bothered to handle this situation (answering questions, calls and etc...) better not to do it again unless that was your passion or you are also been compensated.

South Park

hero member

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I am terrible at Fantasy Football!!!

Quote from: coinfinger on February 03, 2020, 11:53:36 AM

That your Meetup was free doesn’t mean that you will also be holding private meeting with people for free. You should let them know that only your pre-planned meetings or seminar will be free and when that day comes you can teach them a lot of things they would like to know for free, but apart from that date you shouldn’t be seeing anyone and answering questions for free.

Anyone that has a question to should pay before you meet them privately and answer questions. And of course some of them might stop calling you because they only prefer free things lol, only those that are serious enough to learn about Bitcoin will keep calling you.

This is definitely an option, and it is very common in many other industries and this could solve the problems of the OP, as soon as anyone wants to get a private consultation from him the first thing that should come out of his mouth is the price of the consultation and if the customer does not want to pay then kindly suggest them some free sources from which he can keep learning and then cut him off, this has many advantages, it will save time, you are still being helpful and it may bring a customer in the future and if done enough times it will bring you money.

coinfinger

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That your Meetup was free doesn’t mean that you will also be holding private meeting with people for free. You should let them know that only your pre-planned meetings or seminar will be free and when that day comes you can teach them a lot of things they would like to know for free, but apart from that date you shouldn’t be seeing anyone and answering questions for free.

Anyone that has a question to should pay before you meet them privately and answer questions. And of course some of them might stop calling you because they only prefer free things lol, only those that are serious enough to learn about Bitcoin will keep calling you.

Ridwan.P

full member

Activity: 411

Merit: 101

There is nothing wrong with monetizing bitcoin. Nothing is free. If you are holding a seminar or something like that, you better prepare everything, not only giving knowledge by speaking but giving a book or something like that so they can learn it outside the seminar.

And the information you provide can better be put into practice directly by them. Like an exchange site that supports fiat, how to buy, sell, transfer to a bank. Maybe if the seminar is held every week, you can add material about how to trade.

NavI_027

full member

Activity: 1232

Merit: 186

"If you are good at something, never do it for free", that saying suddenly came into my mind after I read your post. How unfortunate you are to get such bad audience. You know what, we're almost the same (aside from the fact that you got more listeners). I once became active spreading about the wonderful technology of cryptocurrency. I always approach everyone I've known and encourage them to try it too but just like you I got nothing but criticisms and face of doubts. So I understand you if you will monetize the seminars you will conduct from now on so that you can really know on who is the real interested and not

.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

A relative of mine shares their knowledge to the public for free and charges for private consultation.

They probably wind up making more money and better use of their time.

The public free stuff acts as a shop window for the more detailed one on one things.

I've seen the odd 'crypto consultant' advertising but have no idea how well they do.

FanatMonet

hero member

Activity: 742

Merit: 507

You could hold such meetings for free, provided that you yourself do not spend money on renting premises and other expenses and do paid training if someone was interested in this.

Or, as an option, make some minimum entry fee to weed out extra people.

thesmallgod

full member

Activity: 1498

Merit: 129

It depends on what you have packaged as part of the seminar. I have seen many corporate individuals offering seminars on the importance of crypto and how to make a profit by trading and starting local digital currencies exchange and they charge an exorbitant fee for giving these pieces of information. So it all depends. If you use facebook regularly, you must have come across individuals that organize seminars that are not free even on some platform-like edx, Coursera, udemy etc. people make videos inform of a seminar and sell it out for people who want to learn it.

sana54210

legendary

Activity: 3318

Merit: 1128

You should never ever think about profits when monetizing he cryptocurrency seminars or meetings. People lack in knowledge and by god's grace you have acquired that knowledge which has high demand for the people who are yet unaware about few things. You should actively share the knowledge because the more knowledge you share, the more you gain so even if you do not get any profits by helping people, you get to revise a lot of your knowledge which might surely be a lot beneficial for you too.

Human brain stores a lot of knowledge inside but remembering each of that is nearly impossible if we do not revise actively. Sharing knowledge is most active reason behind revising our knowledge. I personally would never get tired of spreading knowledge to the maximum extend.

pixie85

hero member

Activity: 2184

Merit: 531

For me the answer would be easy. Time is money. Yopu gave your presentation for free even when you could have charged them then and there. Now they want some additional explanation so tell them that you're paid per hour of consulting like every other advisor.

Lawyers, architects, doctors, they are all paid per hour if you have some questions why shouldn't you?
Tell them they can buy a subscription and you'll be available for them for another 30 days Cheesy

FaithInCrypto

jr. member

Activity: 168

Merit: 2

mada mada dane

It isn't wrong to monetize seminars as long as you are providing good information to the attendees. Most of the people I know who do paid seminar is they treat the seminar as membership or something. They get unlimited access to Q & A's after they have attended the seminar. Time is really important nowadays, it is something that you can't turn back whatever you do so it is better to monetize and gain profit from it.

davinchi

legendary

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Merit: 1058

Quote from: ntsdm1 on February 01, 2020, 02:03:06 AM

Quote from: Chris Barth on January 30, 2020, 03:52:21 AM

After holding the meeting a few days ago, the guys we talked to have been on our nerves. We aren't surprised tho cause we saw it coming. They come with different questions at different tines, phone calls and all, and there's no way we would refuse to continue tutoring them. It's not like I don't have the time but.... Something like this, isn't it worth being paid for? I mean, we informed them for free, and we gained nothing (just went back to our houses) and even after then, they still come with different challenges.
Some of them who were there when we announced the meeting date, they didn't come but still come back individually to request explanations. So I ask, is it wrong to monetize a bitcoin/cryptocurrency seminar/meeting? Cause we've gotten nothing for as long as we've worked.

Are you an influential person?Tell us what You do,what you require monetization of your help?Legal consultants charge money for assistance,but they do provide assistance.For what and who will pay You is unknown).I think It's better for you to create your own telegram channel and share useful content there with the possibility of donating.Perhaps this way You can monetize your talent and knowledge.

Holding physical meetings and seminars is way more better than just creating a telegram channel. OP is trying to convince people to pay him for the knowledge he spreads as far as I can read and understand OP. I can understand, it might get challenging to spend most of our time in educating people but getting nothing in return.

OP can charge some fees for those seminars which would start a side-by income from all those people who are interested in gaining some knowledge. OP should personally be most knowledgeable in order to start charging people to pay for his/her seminars but yes, this might be effective way to spread the knowledge as well as gain profits simultaneously.

MufasaR

jr. member

Activity: 48

Merit: 1

Quote from: Chris Barth on January 30, 2020, 03:52:21 AM

After holding the meeting a few days ago, the guys we talked to have been on our nerves. We aren't surprised tho cause we saw it coming. They come with different questions at different tines, phone calls and all, and there's no way we would refuse to continue tutoring them. It's not like I don't have the time but.... Something like this, isn't it worth being paid for? I mean, we informed them for free, and we gained nothing (just went back to our houses) and even after then, they still come with different challenges.
Some of them who were there when we announced the meeting date, they didn't come but still come back individually to request explanations. So I ask, is it wrong to monetize a bitcoin/cryptocurrency seminar/meeting? Cause we've gotten nothing for as long as we've worked.

Despite bitcoin being around for some time, there still large numbers of people out there that haven't heard of this innovation before, and having a crypto seminar/ meeting will always leave answered questions with the people. To avoid people always coming back with more questions to you try video record your meetings and distribute to who ever wants to know more about cryptocurrencies to give yourself some free time, if there is something they will need after watching then help them.

About monetizing your meetings,my questions is does your audience look like they are ready to pay for your knowledge from your previous meetings, if yes try it out.

blckhawk

sr. member

Activity: 1554

Merit: 334

There's nothing wrong with it. It's your right as the founder of the seminar. However, if you plan on monetizing your seminars and consultation, give at least a notice to participants days before the change. This is just for them to prepare and at least prepare with not being abrupt.

Though doing so might discourage participants later on, unless they are that dedicated in your opinion.

ntsdm1

member

Activity: 394

Merit: 14

Quote from: Chris Barth on January 30, 2020, 03:52:21 AM

After holding the meeting a few days ago, the guys we talked to have been on our nerves. We aren't surprised tho cause we saw it coming. They come with different questions at different tines, phone calls and all, and there's no way we would refuse to continue tutoring them. It's not like I don't have the time but.... Something like this, isn't it worth being paid for? I mean, we informed them for free, and we gained nothing (just went back to our houses) and even after then, they still come with different challenges.
Some of them who were there when we announced the meeting date, they didn't come but still come back individually to request explanations. So I ask, is it wrong to monetize a bitcoin/cryptocurrency seminar/meeting? Cause we've gotten nothing for as long as we've worked.

Are you an influential person?Tell us what You do,what you require monetization of your help?Legal consultants charge money for assistance,but they do provide assistance.For what and who will pay You is unknown).I think It's better for you to create your own telegram channel and share useful content there with the possibility of donating.Perhaps this way You can monetize your talent and knowledge.

AicecreaME

sr. member

Activity: 2436

Merit: 455

There is nothing wrong about it, monetizing an even like that is just normal, because you are giving away your time and your service to people, for them to learn of course, and if they don't like it, having a seminar or meeting that is being monetize by you or by the event organizer, then they can just simply not go, easy as that.

Quote from: Chris Barth on January 30, 2020, 03:57:12 AM

Well, they ask questions both online and offline. And considering the fact it wasn't monetized from the onset, I just can't find it being monetized anymore. Tho I'm doing this for bitcoin too, the stress isn't easy.

And about this, you could always ignore them, you have the right to refuse to their questions, and there is nothing they can do if you don't really want to, they can't force you to answer their questions because that is pure harassment, you could call the police if they will reach that point.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

You could give it a try. I'm not sure what the uptake would be. People want something for nothing and seem to have little concept of using up another person's time and energy.

Instead of leaving yourself open to pestering you could create an email that covers most bases, links to resources and tell anyone who gets in touch after to kiss your arse.

Dabs

legendary

Activity: 3416

Merit: 1912

The Concierge of Crypto

Put up a donation address, with QR code, so people can tip you at the next seminar. Remind people that you are not being paid, but if they benefit from your knowledge, they can feel free to tip you whatever amount they are comfortable with, and suggest a minimum of 0.0001 BTC maybe.. That would currently be worth a dollar.

That would be an exercise itself to show them exactly how to do that with their mobile wallet. They would probably prefer that coins are sent their way instead of paying, but eventually they will have to learn how to spend.

Even waiters get more in tips for just making sure that you are happy with your meal.

Topic: Is it wrong to monetize a bitcoin/cryptocurrency seminar/meeting? (Read 622 times)