Not all business models are created equal.

In this episode, I'll break down the six most valuable kinds of businesses to build and own:

1. Multi-Year Locked In: These businesses secure customers with long-term contracts, ensuring steady revenue streams and customer loyalty.
2. Up-front Access Fee Then Subscription: Customers pay an initial fee for access and continue with regular subscription payments, combining immediate revenue with ongoing income.
3. Auto Subscriptions in Perpetuity: This model involves automatic, continuous subscriptions, creating a reliable and predictable revenue flow.
4. Pay-as-you-Go Subscriptions: Customers pay based on usage, offering flexibility and aligning costs with consumption.
5. Ongoing Utility: These businesses provide essential, continuous services, maintaining constant demand and customer dependence.
6. Disposables: Products that are frequently repurchased, ensuring repeated customer transactions and steady sales.

You should always focus on ways to enhance customer value, as this directly correlates with your business's worth. By selecting or transitioning to the right business model, you can significantly increase market share, brand presence, and profitability.

↓ 𝗡𝗘𝗫𝗧 𝗦𝗧𝗘𝗣𝗦 ↓

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