Chapter
Business Model Evolution: From Selling Other People's Products to Creating Your Own
08:37 - 13:25 (04:48)
This podcast discusses the evolution of a business model from solely selling other people's products to creating your own. The podcast host compares his all-digital, low-cost business model to the events business of HustleCon and highlights the benefits of product creation.
Clips
The interviewee expresses his admiration towards Spy Guy's security gadgets, citing the voice recorder pen as an example.
08:37 - 09:30 (00:53)
Summary
The interviewee expresses his admiration towards Spy Guy's security gadgets, citing the voice recorder pen as an example. He mentions that although he has not personally purchased any of their gadgets due to never living in a home without a doorman, he appreciates the ease of buying it online from a trusted source.
ChapterBusiness Model Evolution: From Selling Other People's Products to Creating Your Own
Episode#129 - Why Elon Musk Is the Greatest Dropshipper and A Low Key Company Making Millions From Politics
PodcastMy First Million
The speaker discusses the advantages and disadvantages of various business models, including one that requires daily deliveries versus one like NerdWallet that is all digital.
09:30 - 11:41 (02:11)
Summary
The speaker discusses the advantages and disadvantages of various business models, including one that requires daily deliveries versus one like NerdWallet that is all digital. The speaker also touches on the limitations of more traditional models, like a barber shop.
ChapterBusiness Model Evolution: From Selling Other People's Products to Creating Your Own
Episode#129 - Why Elon Musk Is the Greatest Dropshipper and A Low Key Company Making Millions From Politics
PodcastMy First Million
The speaker discusses his skepticism towards investing in a digital media business in comparison to software due to content being a continuous process that can be difficult to sustain.
11:41 - 13:25 (01:43)
Summary
The speaker discusses his skepticism towards investing in a digital media business in comparison to software due to content being a continuous process that can be difficult to sustain.