Business Model

Business Model Basics: Hybrid Models

Hybrid Revenue Models Businesses which have components of both Recurring and Non-Recurring Revenue Models deal with products and services that are purchased on a frequent or regularly recurring basis, but, for which the customer is not contractually tied to the merchant. Examples of such businesses include: restaurants, grocery stores, dry cleaners, lawn care companies, dentists, …

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The Basics of Business Models: Plant-Gro-Reap-Repeat

There are two distinctly different revenue models for business: Recurring and Non-Recurring. I like to think of this as Hunt-Kill-Eat-Repeat vs Plant-Grow-Reap-Repeat. In both cases you must repeat the steps that bring you success, however, one model provides a more predictable revenue stream than the other. Recurring Revenue Models (Plant-Grow-Reap-Repeat) Businesses that either deal with …

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As a Business are your more of a Hunter Gatherer or are you a Farmer?

What Business Model have you selected for your business? Do you even know how to answer that question? Essentially business models fall into three formats: Recurring Revenue Non-Recurring Revenue Hybrid of the above. Designing the business to have a Recurring Revenue stream should be a main goal of every business owner. Even businesses that have …

As a Business are your more of a Hunter Gatherer or are you a Farmer? Read More »