Product:
make a physical product, then sell and deliver it for more than it cost.
make a physical product, then sell and deliver it for more than it cost.
Service:
provide a useful service, then charge a fee.
provide a useful service, then charge a fee.
Shared Resource:
create a shared resource that can be used by many people (like a gym), then charge for access.
create a shared resource that can be used by many people (like a gym), then charge for access.
Subscription:
offer an ongoing subscription, then charge a recurring fee.
offer an ongoing subscription, then charge a recurring fee.
Insurance:
write an insurance policy against some specific bad thing happening, collect premium payments up-front, then pay out claims only when the bad thing happens.
write an insurance policy against some specific bad thing happening, collect premium payments up-front, then pay out claims only when the bad thing happens.
Lease:
acquire an asset, then allow another person to use that asset for a certain amount of time in exchange for a fee.
acquire an asset, then allow another person to use that asset for a certain amount of time in exchange for a fee.
Audience Aggregation:
create and distribute information that appeals to a specific set of people, then sell access to that audience (advertising, direct mail, etc.) to an interested third-party.
create and distribute information that appeals to a specific set of people, then sell access to that audience (advertising, direct mail, etc.) to an interested third-party.
Commission:
sell an asset you don’t own on behalf of a third-party, then collect a percentage of the sale price as a fee.
sell an asset you don’t own on behalf of a third-party, then collect a percentage of the sale price as a fee.
Dividend:
purchase an ownership stake in a business, then collect a corresponding portion of that business’ profit over time as a dividend.
purchase an ownership stake in a business, then collect a corresponding portion of that business’ profit over time as a dividend.
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