Chapter
The Risks of Relying on Advertising Revenue
31:39 - 38:15 (06:35)
This episode discusses the potential dangers of relying solely on advertising revenue over other forms of monetization, like subscriptions. One apartment company is cited as an example of what could have been a much bigger, more successful business if it hadn't gotten too addicted to easy ad money.
Clips
The speaker shares his opinion on how some companies become too reliant on advertising revenue, neglecting subscription promotions which could lead to even greater profits and revenue for the company.
31:39 - 34:17 (02:37)
Summary
The speaker shares his opinion on how some companies become too reliant on advertising revenue, neglecting subscription promotions which could lead to even greater profits and revenue for the company. He gives an example of a company that bootstrapped to $25-30 million in revenue through lead generation, but argues that they should have focused on promoting a subscription model to increase profits.
ChapterThe Risks of Relying on Advertising Revenue
Episode#106 - The Q&A Special: We Answer Your Questions Live
PodcastMy First Million
This podcast episode discusses the potential of making a $50 million business idea and gives helpful tips on how to achieve success.
34:19 - 36:29 (02:09)
Summary
This podcast episode discusses the potential of making a $50 million business idea and gives helpful tips on how to achieve success.
ChapterThe Risks of Relying on Advertising Revenue
Episode#106 - The Q&A Special: We Answer Your Questions Live
PodcastMy First Million
The speaker lists several income-generating ventures they are involved in, including owning several properties and a minority stake in a software company.
36:30 - 38:15 (01:44)
Summary
The speaker lists several income-generating ventures they are involved in, including owning several properties and a minority stake in a software company.