Welcome to the Monday Musings !
In this episode, TheGenesisTimes invited Daniel Lee who is the Co-founder of Byte Liber to answer some questions such as its background, ideas and some opinion. As an entrepreneur, he honestly answered some questions below and provided some wonderful ideas of his own. Through our “Monday Musings”, we hope that readers can get some inspiration from these questions.
1. Tell us about your startup/company.
Byte Liber is an all-in-one social self-publishing platform which allows authors to edit, publish, sell directly and build readership, while we use the power of big data such as readers’ reading pattern and “buzz” created within our Facebook-like readers’ community to predict the next best seller.
First we are here to disrupt the publishing industry, then the entertainment industry.
2.What problem is it solving?
Hence, as a platform business, here’s how we are solving the issues.
Here’s how are are solving problems for indie authors:
Solution: Publishing with no upfront costs, we only take a commision when a book is sold.
Solution: Built-in Facebook like community feature for authors to share their stories, connect and talk with their readers, and even sell their books directly to them.
Solution: Authors can use our built-in cloud editor to write, edit, publish and sell directly on our platform.
Here’s how are are solving problems for readers:
Problem: They often encounter poor content from indie authors
Solution: We use collected data from readers and discussions within our Facebook-like community to find the next potential best seller, and recommend them to our readers to buy.
Problem: Poor online reading experience
Solution: We have developed our own built-in online reader which allows readers to highlight or share quotes into our community.
3. What motivates you?
4. What is your greatest fear, and how do you manage fear?
Well, we’ll just put in our best effort and let the market decide. If the market wants the difference we are creating and love us so much , we ‘ll survive no matter what.
5. How did you come up with the idea/concept?
We imagine ourselves to be a talent searching company, which uncovers more J.K. Rowlings, and with strong supported data, we believe we can predict where the demand is and thus creating more Harry Potter empires.
6. What can young entrepreneurs learn from entrepreneurship?
7.Do you believe there is some sort of pattern or formula to becoming a successful entrepreneur?
8.What is your favorite aspect of being an entrepreneur?
9.What has been your most satisfying moment in business?
10.What entrepreneurial tricks have you discovered to keep you focused and productive in your day-to-day busy schedule?
11.What key activities would you recommend entrepreneurs to invest their time in?
Set aside a specific time slot for your ideas to go wild, without any electronic devices around you.
“Pardon the dust as we are still in the process of developing the website, especially for the mobile version of it. We plan to launch the official website as soon as 1 December 2020. Do stay tuned for more updates!
We are also actively finding new and potential authors to come onboard and publish their ebooks with us. If you know any of your friends who are writing or has got the potential to be the next J.K. Rowling, do refer them to us! What we can offer in marketing is creation and designing of promotional banners, book trailers, and using our social media followings to reach more readers for you.
Do follow us on Instagram @byteliber or write to us at email@example.com for suggestions or further inquires. Thank You! ”