Chapter 56

Exchange Platform Host

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Create platforms for exchanging goods or services

Difficulty: ●●●○○ | Time Investment: 20-30 hours/week

Visual Flow

[CREATE PLATFORM] → [FACILITATE EXCHANGES] → [ENSURE FAIRNESS] → [PLATFORM FEES]

Quick Stats Box

- Startup cost: $200–$500 - Time to First Sale: 2-3 weeks - Revenue potential: $1,000–$4,000/month - Scalability: High

What You Need:

- Platform development - Community guidelines - Moderation system - Trust mechanisms

What You Do:

1. Build exchange platform 2. Create fair exchange rules 3. Verify member offerings 4. Facilitate smooth trades 5. Resolve disputes

How You Charge:

- Transaction fee: 5-10% - Premium membership: $19–$49/month - Featured listings: $29–$99

Launch Checklist

- [ ] Day 1: Define exchange focus and rules - [ ] Week 1: Build basic platform - [ ] Week 2: Onboard 50 beta users - [ ] Month 1: Process 100 exchanges - [ ] Month 2: Implement trust system

Success Story

"Vanessa's skill exchange platform processes 200 trades/month, earning $2,800 in fees"

Pro Tip

Start with time-based exchanges. Equal hourly trades remove pricing complexity initially.

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