Saturday, October 14, 2017

Alternative website for ex journalist of Straits Times

I want to build a website to allow the ex journalists of the Straits Times to continue writing articles based on their research into topical issues and events happening in Singapore.

It will allow them to continue practicing their professional skills which they have developed for many years.

My business model is to ask each reader to pay $0.10 for each article that they wish to read and to pay the revenue to the journalist.

If they write 10 articles a month and 1,000 readers opt to buy their article at $0.10, they can earn $1,000 a month. It is not as good as what they earn before, but it helps them to keep busy and active.

They can continue to search for an alternative job.

To fund this project, I will set aside $50,000 to fund $5 for 10,000 readers. They will read the articles with the "seed money". After that money is exhausted, many will top up their account to continue reading.

What do you think of this business model and concept?

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