Should You Invest money in the entertainment business?

[Trey]

Sports, music, arts etc are sectors of the entertainment industry that sell very well. They are multu billion dollar industries. Entertainment is profitable if you can get the right audience to help you build and stand up. You could buy a football club, set up artiste management and make good money.

 

[Good-Person]

This is very correct because it is going to be a complete waste of resources for you to try and invest in a project that you don't know how to go about it which would most likely make you to invest in the wrong project and you will lose your money.

Investing money in any kind of project involves risk and this is something that we all know. It does not matter if we invest money in any kind of business, even trending business may also face challenges as well.

 

[Genie01]

Entertainment business is also a very popular kind of business. When it comes to investing money in specific kind of entertainment business, what should you know before investing in such kind of business? What could be your options in the first place?

If thats a clean business I'll advise you to go for it, but we have some businesses that you have to hurt some people before you can earn money, I don't think such kinds of business are good.

 

[Heatman]

Yes, to avoid being scammed you are expected to make a good research before you can invest your money, a lot of people are being scammed online especially the newbie's.

A lot of new people that want to join a pre-existing project always think that it is actually very easy for them to succeed in that project without learning exactly what their predecessors knew in that project. Knowledge is power and they need to understand that.

 

[Immilash]

A lot of new people that want to join a pre-existing project always think that it is actually very easy for them to succeed in that project without learning exactly what their predecessors knew in that project. Knowledge is power and they need to understand that.

That's true, if you have the wrong people in your environment you are not going to enjoy it, most of them will think things like this is very easy which is not.

 

[Syldan]

Well I personally can not go and invest my money on an entertainment businesses, it will be better for me to invest on stock making or selling and buying of lands.

Well investing into an entertainment industry, requires someone whom have been into it and knows when and how to make such investment profitable for him.

For a newbie, it's not advisable because it might be at the risk of your capital.

 

[Heatman]

Well investing into an entertainment industry, requires someone whom have been into it and knows when and how to make such investment profitable for him.

For a newbie, it's not advisable because it might be at the risk of your capital.

I believe that this is exactly the same way it works with every other kind of investment and not only in the entertainment industry because whenever you go into an investment in a particular project that you don't have adequate information about, you will most likely make mistake and it is going to turn against you.

 

[Immilash]

Sports, music, arts etc are sectors of the entertainment industry that sell very well. They are multu billion dollar industries. Entertainment is profitable if you can get the right audience to help you build and stand up. You could buy a football club, set up artiste management and make good money.

Yes, things like sports are really good, if you have a good business to start up I think a lot of people will like it, people love things like football you can use that to earn money.

 

[Good-Person]

The entertainment sector is currently one of the most fastly developing sector in the world. So it will be a good idea to invest in it probably even for long term purpose.

This kind of sector became more and more popular during the pandemic as many people became jobless and had no work at all. This is why this particular sector flourished a lot during that period.

 

[Robust]

Well investing into an entertainment industry, requires someone whom have been into it and knows when and how to make such investment profitable for him.

For a newbie, it's not advisable because it might be at the risk of your capital.

You have said it all, as of some one who is already interested in all this entertainment industries business can go into it if and only if he or she has the experience and knowledge.

 

[Gandiba]

Yes, if you are working online you are not expected to trust everything you see online because we have a lot of scammers online, that's why you need to be very careful.

For sure, in as much as you want to stay away from scam sites, it's expected of you to stay away from certain sites, because some of the sites out there are just scam sites.

 

[Heatman]

This kind of sector became more and more popular during the pandemic as many people became jobless and had no work at all. This is why this particular sector flourished a lot during that period.

You are very correct with that assessment because during the time of pandemic of coronavirus, a lot of people we are stuck at home and they needed something to keep them company and it is what the entertainment industry provided.

 

[Immilash]

For sure, in as much as you want to stay away from scam sites, it's expected of you to stay away from certain sites, because some of the sites out there are just scam sites.

If you are working online just put it on mind you are going to see a lot of scam site online, an when you notice they are scam you are expected to stay away from them.

 

[Syldan]

Well to invest, there are two things involved.

Either you lose or you succeed. Your success, depends on what you know on the business and there will be high level of risk and failure if you start without knowing anything concerning the business.

 

[Heatman]

Well to invest, there are two things involved.

Either you lose or you succeed. Your success, depends on what you know on the business and there will be high level of risk and failure if you start without knowing anything concerning the business.

This is exactly what we are talking about taking risk when it comes to investment because two things that are involved with every kind of investment that you are heading into is either success or failure and it doesn't matter if it is in entertainment industry.

 

[Gandiba]

If you are working online just put it on mind you are going to see a lot of scam site online, an when you notice they are scam you are expected to stay away from them.

There are allot of scammers out there with different strategies, you might think they are real not knowing they are fake. You have to conduct thorough research so as to differentiate the real and fake.

 

[Shigobad2020]

There's money innthe entertainment industry if you are investing with the right people , because the people you invested on will determine the amount of profit or loss you will get .

 

[Immilash]

There are allot of scammers out there with different strategies, you might think they are real not knowing they are fake. You have to conduct thorough research so as to differentiate the real and fake.

Yes that's why we all need to be very careful, you need to make a good research before you can invest your money on anything online to avoid scam.

 

[Heatman]

There are allot of scammers out there with different strategies, you might think they are real not knowing they are fake. You have to conduct thorough research so as to differentiate the real and fake.

Personally, I have had several experiences with a lot of scammers and have fallen victim to a few of them which is why I am very careful with any kind of investment that I'm getting into today because I must make sure that is something genuine.

 

[Immilash]

Personally, I have had several experiences with a lot of scammers and have fallen victim to a few of them which is why I am very careful with any kind of investment that I'm getting into today because I must make sure that is something genuine.

That's true, most of us here must have been scammed online, if you are working online you must have this experience I have also been scammed online countless of time's.