Most public universities in Europe are free or charge small tuition fees averaging €400 ($454) per year. Ditto public universities in Asia and Russia. The US has the highest college fees in the world and the most college debt. In 2018, 69% of US college students took out college loans and graduated with a median debt of $30,000.
The Federal Reserve estimates that 1 in 4 adults aged 20-30 is paying on average $400 per month to reimburse their college loan and that college debt in the US is higher than both credit card debt and auto loans.
I discovered all this in 2015 when my son’s friends came to visit us in Thailand where we lived, after graduating from their US universities. None of them had secured jobs due to the “you need experience to get a job, but you need a job to get experience” syndrome. And so, all of them wondered how they would pay off their college loans.
This may seem off topic but stay with me.
Bricks and mortar “mom and pop” small businesses across Europe, Asia and the US are struggling to compete with shopping malls, large franchises and Amazon. Despite this, only 45% of small businesses in the US have a website. And that number is even lower in Europe and Asia.
The fact is small business owners face the same challenges no matter where they are located. These include lack of money, lack of digital skills and lack of time. And that’s where the idea for YAYWORLD came from.
YAYWORLD connects young adults that have writing, video and social media skills with small business owners that have neither the time or money to promote their own business. Our network of 440 websites spans 95 countries, meaning businesses in 95 countries can source and pay local (or international) content creators to market their brand online.
Content creators can also invite businesses they would like to write about, to sponsor them by inviting them to register on the platform. They don’t have to wait for a business to find them.
If you're tech savvy, love writing, enjoy creating videos and are active on social media, then you can earn money creating content for local businesses where you live. So what are you waiting for?
Founder & CEO
You're the audience small businesses are trying to reach. Let them know who you are, where you are and what you can do, so they can reach out and sponsor you.