What is the best business model?

As a coach for business models I get these questions a lot: What is your favorite business model? What business plan would you use? What is the best business model? Which business model should I use to get rich? And so on.

This article will tell you about my answer to these questions and why I admire this business model so much!

Without further ado, here is the best business model if you want to make big $$$ or €€€:

It’s the platform business model:

The platform model is a business model, in which you have two or more very different customer segments, for whom you’re the broker in the middle. Think Apple, Google or eBay — they all use the platform model to bring together two sides of the market. And the ingenious part of this business model pattern is: they make money from BOTH sides!

Apple for example has two large customer segments: consumers and app developers. Apple “only” provides the platform in the middle, but the majority of value is generated by millions of app developers Apple doesn’t have to pay a penny. In fact, Apple also TAKES money from these app developers! Let’s look at who pays for what:

Consumer pays:

App developer pays:

You see, this is a pretty darn profitable business model! Apple doesn’t have to invent and develop apps — app developers do it for them…and they even PAY for it!

If your goal is to make maximum $$$, go for the platform business model. Don’t be fooled though: it is hard to establish! But once you have it going, it is a money printing machine. Just look at Amazon, Apple, Ebay, AirBnB, Uber and all the heavy-weight champions of the tech industry!

Related posts:

1. Brush Up on the Basics Before you can start writing incredible content, you’ll need at least an intermediate understanding of the basic principles of writing. This doesn’t mean you need to enroll…

Kala azan mulai saling mendengung di lingkungan rumah, ayam-ayam yang setengah mengantuk mulai mencipta suara, di saat itu pula bapak sudah ada di jalanan. Katanya subuh begini banyak para pekerja…

Ci ha lasciati qualche giorno fa a 70 anni Franco Casalini, morto per infarto nella sua abitazione. Tutto l’ambiente dell’Olimpia Milano è scosso da questa terribile notizia, nessuno era pronto a…