Chapter
The Beautiful Business Model of Trade Associations
12:06 - 17:48 (05:41)
The business model of trade associations involves charging everyone a relatively small amount of fees for a simple value proposition. Despite the negative connotation surrounding the name of these organizations, they have proven to be effective and profitable.
Clips
The hosts discuss the concept of trade associations and how they provide straightforward value to members.
12:06 - 13:00 (00:54)
Summary
The hosts discuss the concept of trade associations and how they provide straightforward value to members. They highlight the Society for Human Resource Management as an example.
ChapterThe Beautiful Business Model of Trade Associations
Episode#104 - Why You Should Be Studying MLMs
PodcastMy First Million
The speaker discusses different trade associations such as human resource management and various engineering branches, highlighting the large number of these organizations and their membership and revenue figures.
13:00 - 13:44 (00:43)
Summary
The speaker discusses different trade associations such as human resource management and various engineering branches, highlighting the large number of these organizations and their membership and revenue figures.
ChapterThe Beautiful Business Model of Trade Associations
Episode#104 - Why You Should Be Studying MLMs
PodcastMy First Million
The speaker discusses how researching a trade association's revenue and nonprofit filings can give insights into its operations and level of success.
13:44 - 16:01 (02:17)
Summary
The speaker discusses how researching a trade association's revenue and nonprofit filings can give insights into its operations and level of success.
ChapterThe Beautiful Business Model of Trade Associations
Episode#104 - Why You Should Be Studying MLMs
PodcastMy First Million
The speaker recommends a fitness coaching platform that offers personalized workouts with a coach on screen who guides the user through the workout, sets the goals, and tracks progress.
16:01 - 17:48 (01:46)
Summary
The speaker recommends a fitness coaching platform that offers personalized workouts with a coach on screen who guides the user through the workout, sets the goals, and tracks progress.