Your Business Will Fail If You Don’t Choose This Correctly
Today we are going to talk about why your business model matters a lot. Different business models exist and some require a lot more resources compared to the revenue they generate than others. Tune in today and learn about which business models offer exponential growth, and how to switch to a better model once you see a ceiling in the last.
TIME-STAMPED SHOW NOTES:
- [00:21] Before we jump into today’s interview, please rate, review, and subscribe to the Leveling Up Podcast!
- [00:26] Examples of different business models; retainers, time for dollars, and more. [01:02] Eric’s plan for how to change Single Grain’s model after he took over. [01:44] Business models that help you make money in your sleep.
- [02:31] Why the agency model using a retainer is a bad idea.
- [03:05] Scaling up into ever more exponential sources of cash.
- [04:18] The importance of having a lucrative business model.
Resources From The Interview:
- Naval Ravikant
- Andrew Wilkinson
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Connect with Eric Siu:
- Growth Everywhere
- Single Grain
- Eric Siu on Twitter