Your Ideal Business Model Is The Way You Choose To Make Money Through Your Products Or Around Them
There are many ways to make money by engaging in Knowledge Commerce. What is a business model? It’s the strategy and process you will follow to make money from your business.
In Knowledge Commerce, you can start by making products first and selling them to matching audiences. Or you can start by building an audience first and then making products to suit them.
You can sell your knowledge directly as products and services, or you can give your knowledge free to create a brand platform that attracts other income sources.
At Solohacks Academy, I asked myself this: “Which business model can I handle easily as a solopreneur without burning myself out?” As solopreneurs, we all have to decide prudently on our own mix depending on our target audiences, our own work/life balance, and our intuitive pulls towards our own success routes.