Live - Build - Change: The Christian Faith And Business Show

Join the LBC Community On Facebook | Follow Carey on Facebook | Follow Carey on Twitter When I say the words “revenue model” what do you think of? If you haven’t been thinking in terms of building a business for very long those words may not mean much to you at all. But they are very important because the type of revenue model you choose will dictate what kind of income you receive from your business and how often you receive it. And it could also determine significant aspects of the lifestyle you’re able to live. On this episode, I’m going to walk you through 5 different revenue models, explain them plainly so anybody can understand how each of them is different, and tell you what I see as the advantages and disadvantages of each one. I hope you stick around. Outline of This Episode: 5 REVENUE MODELS [0:44] What this podcast is all about! [1:16] The different revenue models will determine your lifestyle and income. [2:25] The one-time sale (primarily product sales) - pros and cons. [5:06] The repeat purchas