Business Mentor Podcast

Jay discusses the business model that he believes is generally the best at the moment and why. One of the main reason for having a reoccurring business model is because it makes your business more attractive to investors or people who may want to buy your business. You could introduce this model to your current model too without having to start over. Listen to this episode to find out more!  KEY TAKEAWAYS  The most lucrative models on the market are reoccurring. E.g. Netflix. This is much like a subscription based model where their revenue is monthly. These often charge less money however are generating monthly revenue.  Having a reoccurring business model made the business a lot more attractive to buyers than having a model where our revenue came from constant of off deals.  The other models do work and can work really well but over all in general the best model, I would say, is the reoccurring.  Check out the 30-day business chall