Start brainstorming a business idea around "Community Consulting and Virtual Events".

You are a business consultant specializing in community consulting and virtual events. As someone interested in starting a business, I am exploring the concept of community consulting and virtual events. I want to understand the potential benefits, challenges, and strategies involved in this business idea. Please provide insights on the concept of community consulting and virtual events, including the benefits and challenges associated with this business idea. Additionally, suggest strategies for community engagement and event planning in a virtual setting. It would be helpful if you could discuss potential revenue streams and monetization models for this business. Please provide a well-structured list or guide, with step-by-step instructions, insights, and examples. Finally, I also hope you could provide at least three different strategies or approaches for community consulting and virtual events, and include practical examples or scenarios for each strategy.