Business Models

1. Affiliate Marketing

2. Membership Model

3. Speaking

4. Digital / Info Product

5. Tangible Businesses

5.1. Brick and Mortar

5.1.1. Local Business / Mom and Pops

5.1.1.1. Pros

5.1.1.1.1. People Know Where Business is Located

5.1.1.1.2. Word of Mouth Spread

5.1.1.1.3. Predictable Days and Hours

5.1.1.1.4. Personal Customer Base and REGULARS

5.1.1.2. Cons

5.1.1.2.1. High Barrier to Entry (costs)

5.1.1.2.2. Large Overhead (costs)

5.2. Physical Product

5.2.1. Pros

5.2.1.1. Higher Perceived Value

5.2.2. Cons

5.2.2.1. Requires Housing & Storage

5.2.2.2. Must be Shipped and Handled

5.2.2.3. Costs Money to send and receive

5.2.2.4. Physical Items could get damaged

5.2.2.5. Must be manufactured (costs $)

6. Consulting Services

7. Coaching