Some Thoughts On Business Models...What's YOUR Opinion?
Off the top of my head:
Copywriter
Software Maker
Affiliate Marketer
Content Freelancer
Ebook Creator
Service Provider
Coaching Classes
And the list goes on and on.
If you look at each of these (and I'm sure the many that you could add)
you can see that they all can make a lot money. I don't think there's
any argument there.
But...is there a business model that YOU would say is the most efficient
and least efficient?
Here's what I mean.
Take copywriting. And when I say copywriting, I mean copywriting without
adding any little extras to it. Just writing copy.
With the exception of hiring other up and coming copywriters to work
for you (yes, you can do this) you're essentially on your own and ONLY
make money when you're writing. There is no residual income coming in
unless you make special deals with your clients that you get X% of the
sales coming in. Those kind of deals don't come at the beginning of your
career. So at least at the start, you're working a job.
On the other hand, with ebook creation, your very first ebook, with a little
smart marketing and getting a good affiliate base, you can make a fortune
right off the bat and not have to keep working to make your money.
So in MY opinion, this model is more EFFICIENT than being a copywriter,
graphic designer, content provider or any freelance job where you have
to keep writing or designing in order to keep earning.
I am not saying that the one is any better than the other (especially if
you just love to write and don't care how much you work) but I am
saying that one is more efficient than the other.
What are your thoughts?
Agree?
And if so, does it even matter?
If somebody loves doing what they're doing, does efficiency matter?
I say it only matters IF you are solely concerned with how much money
you make and nothing else.
In other words, if you're money motivated and not "I have to love what I
do" motivated, then efficiency matters very much.
Again, agree or disagree?
But more importantly, and here's where you can really put your brain to
work and maybe help out those who don't know WHAT to do...
What would be YOUR ideal business model IF skill wasn't a consideration?
In other words, anybody can do anything at all if they want to.
Any and all thoughts are welcome.
Avoid these FATAL internet marketing blunders at all costs...
Just when you think you've got it all figured out, someone changes the rules.
Fair warning: It's possible I'm arguing with you because I have nothing better to do.
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