Your Business Will Fail If You Don’t Choose This Correctly
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 Leave Some Feedback: What should I talk about next? Who should I interview? Please let me know on Twitter or in the comments below. Did you enjoy this episode? If so, please leave a short review here Subscribe to Leveling Up on iTunes Get the non-iTunes RSS Feed Connect with Eric Siu: Growth Everywhere Single Grain Eric Siu on Twitter