#business-model

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#entrepreneurship

11 Best Dropshipping Apps for Shopify (2024) - Shopify

Dropshipping businesses allow entrepreneurs to minimize risks by avoiding product manufacturing and storage, streamlining ecommerce operations.

For Less than $50K You Can Start a BooXkeeping Franchise | Entrepreneur

BooXkeeping offers a strong franchise opportunity with minimal experience required and extensive corporate support.
The bookkeeping industry presents a growth potential of $65 billion, making it a lucrative venture.

Destination Athlete is a Low Cost and Home Based Franchise | Entrepreneur

Destination Athlete offers a low-cost, home-based franchise model that supports youth athletics with exclusive rights and extensive brand assistance.

The Fascinating Story Of How Jeni's Ice Cream Was Born

Jeni's Splendid Ice Creams innovates by using unexpected flavor combinations and focuses on local sourcing and community relationships.
The foundation of Jeni's unique flavors stems from a college student's experimentation with food and fragrance.

11 Best Dropshipping Apps for Shopify (2024) - Shopify

Dropshipping businesses allow entrepreneurs to minimize risks by avoiding product manufacturing and storage, streamlining ecommerce operations.

For Less than $50K You Can Start a BooXkeeping Franchise | Entrepreneur

BooXkeeping offers a strong franchise opportunity with minimal experience required and extensive corporate support.
The bookkeeping industry presents a growth potential of $65 billion, making it a lucrative venture.

Destination Athlete is a Low Cost and Home Based Franchise | Entrepreneur

Destination Athlete offers a low-cost, home-based franchise model that supports youth athletics with exclusive rights and extensive brand assistance.

The Fascinating Story Of How Jeni's Ice Cream Was Born

Jeni's Splendid Ice Creams innovates by using unexpected flavor combinations and focuses on local sourcing and community relationships.
The foundation of Jeni's unique flavors stems from a college student's experimentation with food and fragrance.
moreentrepreneurship
from BikeMag
14 hours ago

This Online Cycling Retailer Is Back From the Dead

The Pro's Closet has reopened under new ownership, focusing on used inventory and planning gradual growth after recent industry challenges.

The Guy Behind the Fake AI Halloween Parade Listing Says You've Got It All Wrong

The business prioritizes short-term holiday-related revenue through Google Ads and acknowledges the importance of double-checking information to avoid misinformation.
#franchise

Dirty soda shops got TikTok famous. Can they outlive the trend cycle?

Franchise soda shops have gained popularity nationwide, driven by viral social media content and a unique customizable drink experience.

This Math Franchise Meets the Rising Demand for Math Tutoring | Entrepreneur

Mathnasium provides a proven franchise model for personalized math tutoring with strong community impact.

This Yoga Franchise Aims to Share a New, Modern Approach to Yoga | Entrepreneur

Access to a proven, adaptable business model with growing brand recognition.

Dirty soda shops got TikTok famous. Can they outlive the trend cycle?

Franchise soda shops have gained popularity nationwide, driven by viral social media content and a unique customizable drink experience.

This Math Franchise Meets the Rising Demand for Math Tutoring | Entrepreneur

Mathnasium provides a proven franchise model for personalized math tutoring with strong community impact.

This Yoga Franchise Aims to Share a New, Modern Approach to Yoga | Entrepreneur

Access to a proven, adaptable business model with growing brand recognition.
morefranchise
#franchising

IFA Cautions the FTC on Franchise Regulation | Entrepreneur

The IFA urges the FTC to avoid increasing regulations on franchising, claiming it undermines the franchise model's viability.

The Role and Responsibilities of a Franchisee, Defined | Entrepreneur

The success of a franchise hinges on the strict adherence of franchisees to operational controls and brand standards.

IFA Cautions the FTC on Franchise Regulation | Entrepreneur

The IFA urges the FTC to avoid increasing regulations on franchising, claiming it undermines the franchise model's viability.

The Role and Responsibilities of a Franchisee, Defined | Entrepreneur

The success of a franchise hinges on the strict adherence of franchisees to operational controls and brand standards.
morefranchising

What Is Reverse Dropshipping? Benefits and Top Products (2024) - Shopify

Reverse dropshipping sources premium products from lesser-known manufacturers and sells to affluent consumers, diverging from traditional dropshipping's low-cost approach.
#open-source

Industry leaders break down what's next in open source as a business model | TechCrunch

Open source is the prevalent business model for tech startups but poses challenges in balancing ideals with business sustainability.

CockroachDB scurries off to proprietary software land

Open source should be a programming model, not a business model, yet companies often misinterpret this, leading to failures.

Cockroach Labs shakes up its licensing to force bigger companies to pay | TechCrunch

Cockroach Labs changes licensing to target larger businesses for revenue, allowing startups under $10M to access enterprise features for free.

Industry leaders break down what's next in open source as a business model | TechCrunch

Open source is the prevalent business model for tech startups but poses challenges in balancing ideals with business sustainability.

CockroachDB scurries off to proprietary software land

Open source should be a programming model, not a business model, yet companies often misinterpret this, leading to failures.

Cockroach Labs shakes up its licensing to force bigger companies to pay | TechCrunch

Cockroach Labs changes licensing to target larger businesses for revenue, allowing startups under $10M to access enterprise features for free.
moreopen-source

We had to do something drastic': For these East Bay restaurants, evolution is the key to survival

Tarocco restaurant successfully transformed its business model, inspired by Spanish tapas cafes, leading to improved operations and financial stability.

How To Use a Business Model Canvas Template (2024) - Shopify

A business model canvas helps visualize and clarify complex business models, making it easier for stakeholders to understand and compare them.
#openai
from Futurism
1 month ago

OpenAI Is Putting Profits First, Yet It's Bleeding an Astronomical Amount of Money

OpenAI is facing a projected $5 billion loss in 2023, despite a revenue forecast of $3.7 billion.
from Engadget
1 month ago

OpenAI reportedly plans to increase ChatGPT's price to $44 within five years

OpenAI plans to increase ChatGPT subscription prices while facing significant financial losses and seeking new investments to stabilize finances.

OpenAI Is Putting Profits First, Yet It's Bleeding an Astronomical Amount of Money

OpenAI is facing a projected $5 billion loss in 2023, despite a revenue forecast of $3.7 billion.

OpenAI reportedly plans to increase ChatGPT's price to $44 within five years

OpenAI plans to increase ChatGPT subscription prices while facing significant financial losses and seeking new investments to stabilize finances.
moreopenai
#digital-advertising

How does Meta make make money from WhatsApp

Meta's primary revenue from WhatsApp comes from the WhatsApp Business subscription for larger companies.

Is This AI Stock the Best Buy in the Video Game Industry Right Now? | The Motley Fool

AppLovin's stock has surged, driven by a successful business model in digital advertising and mobile video games market.

How does Meta make make money from WhatsApp

Meta's primary revenue from WhatsApp comes from the WhatsApp Business subscription for larger companies.

Is This AI Stock the Best Buy in the Video Game Industry Right Now? | The Motley Fool

AppLovin's stock has surged, driven by a successful business model in digital advertising and mobile video games market.
moredigital-advertising

The story behind one of the Bay Area's cheapest gas stations

Shamsian's Arco station is known for offering some of the cheapest gas in Marin County, attracting a high volume of customers.

New York independent brokerage affiliates with eXp Realty - HousingWire

eXp Realty is expanding its reach by affiliating with Grand Lux Realty, enhancing opportunities for agents and improving client service.
#economic-challenges
from Eater
1 month ago
Startup companies

Tupperware, You Got Real Weird in the End

Tupperware Brands has announced intentions to file for bankruptcy due to macroeconomic challenges, seeking to transform into a digital-first company.

Tupperware, no longer a kitchen staple, files for bankruptcy

Tupperware has filed for bankruptcy after struggling with its outdated business model and increased operational costs.
The brand is transitioning towards a digital-first strategy to adapt to market changes.

Tupperware, You Got Real Weird in the End

Tupperware Brands has announced intentions to file for bankruptcy due to macroeconomic challenges, seeking to transform into a digital-first company.

Tupperware, no longer a kitchen staple, files for bankruptcy

Tupperware has filed for bankruptcy after struggling with its outdated business model and increased operational costs.
The brand is transitioning towards a digital-first strategy to adapt to market changes.
moreeconomic-challenges
#funding

What Nerd Street Gamers' 're-seed' funding round says about the future of esports

Nerd Street Gamers has rebounded from potential collapse with a new funding round, changing its approach after facing serious challenges.

Jimmy Finkelstein defends The Messenger's business model, claims the company was on track to break even - Poynter

Messenger CEO claims the outlet would have been profitable by August if it had remained open
The company closed in January after failing to raise enough money to keep it open

What Nerd Street Gamers' 're-seed' funding round says about the future of esports

Nerd Street Gamers has rebounded from potential collapse with a new funding round, changing its approach after facing serious challenges.

Jimmy Finkelstein defends The Messenger's business model, claims the company was on track to break even - Poynter

Messenger CEO claims the outlet would have been profitable by August if it had remained open
The company closed in January after failing to raise enough money to keep it open
morefunding
#journalism

How long-form production company Long Lead is investing in the art of journalism

Long Lead aims to prioritize quality journalism by offering support and funding for various storytelling formats, moving away from traditional monetization.

The spectacular collapse of the Messenger is a lesson on how not to do journalism | Margaret Sullivan

The Messenger, a new journalism outlet, abruptly shut down its website and fired its staff without severance or benefits.
Despite promising to be unbiased and indispensable, the outlet was criticized for its questionable business model and quality of journalism.

How long-form production company Long Lead is investing in the art of journalism

Long Lead aims to prioritize quality journalism by offering support and funding for various storytelling formats, moving away from traditional monetization.

The spectacular collapse of the Messenger is a lesson on how not to do journalism | Margaret Sullivan

The Messenger, a new journalism outlet, abruptly shut down its website and fired its staff without severance or benefits.
Despite promising to be unbiased and indispensable, the outlet was criticized for its questionable business model and quality of journalism.
morejournalism

OnlyFans figured out the best porn business on the internet

OnlyFans is a highly profitable business model combining porn and user-generated content, earning $650 million in profits last year.

Customer-led vs. Product-led Growth: Which is Right for SaaS?

SaaS companies can thrive through either product-led or customer-led growth strategies, depending on their goals and market position.

Organization Structure: Definition, Types, Examples | ClickUp

Organizational structure is crucial to a business's success, defining its daily operations and decision-making processes.

Southwest asks customers if it should end free checked bags policy

Southwest Airlines is exploring the potential to charge for checked bags as it faces pressure to revamp its business model.

Snark, reaped

Creative writing faces scrutiny and skepticism from within, questioning its sustainability in a commercial world.

Essential Tips for Creating a Customer-Centric Business Strategy

Customer-centric strategies are critical for business success and customer loyalty.
Businesses must adopt a holistic approach for effective customer centricity.
A complete shift from product-centric to customer-centric models is happening in today's market.

The Little Streamer That Could

Tubi, a free streaming service owned by Fox Corporation, has gained immense popularity by offering a wide range of older shows and movies without the need for an account.

Andrena Raises $18 Million to Develop Decentralized Broadband

Andrena raised $18 million for decentralized broadband development.

How to Begin an Online Food Business from Home

Selling food online is profitable with proper planning.
#google

Sure, Google's AI overviews could be useful if you like eating rocks | John Naughton

The birth of surveillance capitalism transformed Google from an ad-free search engine to a dominant money-making machine through commercializing user data.

Google's A.I. Search Leaves Publishers Scrambling

Google's A.I.-generated summaries in search results potentially threaten news publishers' site traffic and business model.

Google ponders making AI search a premium option

Google is considering moving some AI features to premium subscriptions.
AI-powered search features may be behind a paywall in the future.

Google might make users pay for AI features in search results

Google may start charging for AI-enhanced search results.
Charging for search engine usage would be a first for Google.

Sure, Google's AI overviews could be useful if you like eating rocks | John Naughton

The birth of surveillance capitalism transformed Google from an ad-free search engine to a dominant money-making machine through commercializing user data.

Google's A.I. Search Leaves Publishers Scrambling

Google's A.I.-generated summaries in search results potentially threaten news publishers' site traffic and business model.

Google ponders making AI search a premium option

Google is considering moving some AI features to premium subscriptions.
AI-powered search features may be behind a paywall in the future.

Google might make users pay for AI features in search results

Google may start charging for AI-enhanced search results.
Charging for search engine usage would be a first for Google.
moregoogle

Can Google give AI answers without breaking the web? | Commentary

The increasing integration of AI-generated answers into Google's search engine poses a potential threat to the business model of online publishers.

How Much Capital Does Your Startup Need? | Entrepreneur

Determining the right amount of capital is crucial for startup success.

Episode 77: The Content Entrepreneur with Joe Pulizzi

Joe Pulizzi provides insights on building a business around content.

Uber's not out of the woods yet

Uber reported a surprise net loss of $654 million, attributed to legal settlements, equity investments, and decreased ride demand in key markets.

Lookout Santa Cruz, digital site with a backstory, wins Pulitzer for breaking news - Poynter

Lookout Santa Cruz staff won Pulitzer Prize for Breaking News Reporting.

RE/MAX to lean on high agent productivity during turbulent times

RE/MAX leaders express confidence amidst industry uncertainty and impending changes in business practices.

Walmart to close its 51 health centers, virtual care service

Walmart is closing its health centers and virtual care service due to an unsustainable business model.
#dropshipping

High-Ticket Dropshipping: How To Maximize Ecommerce Profits (2024) - Shopify

High-ticket dropshipping involves selling expensive products through a third-party supplier for a profit margin.

How To Start an Online Boutique With No Money (2024) - Shopify

Dropshipping is a suitable business model for starting an online boutique with no money.
Selecting a niche market and finding quality suppliers are crucial steps in starting an online boutique on a budget.

High-Ticket Dropshipping: How To Maximize Ecommerce Profits (2024) - Shopify

High-ticket dropshipping involves selling expensive products through a third-party supplier for a profit margin.

How To Start an Online Boutique With No Money (2024) - Shopify

Dropshipping is a suitable business model for starting an online boutique with no money.
Selecting a niche market and finding quality suppliers are crucial steps in starting an online boutique on a budget.
moredropshipping

How To Make Side Hustle Money Online

Identifying a niche is crucial for a successful side hustle by setting you apart from competitors and providing clear direction.
Developing a profitable business model requires creativity, strategic thinking, and aligning with personal goals.

UX Strategy: What is it and How to Create One

Introduction to lightweight product strategy tools for innovative digital solutions
Explanation of common Business Model patterns and service design thinking principles

Striking workers again close down the Eiffel Tower ahead of its starring role in the Paris Olympics

Striking workers closed Eiffel Tower for three days demanding salary hikes and better maintenance.
The Eiffel Tower operator's business model criticized for prioritizing visitor numbers over employee pay and maintenance costs.

The Dating App Paradox: Why dating apps may be 'worse than ever'

Dating app companies like The Match Group and Bumble are facing challenges in the crowded dating app market.
The dating app business model creates a paradox where successful matches mean users leave the app and the company loses customers and revenue.
from Forbes
8 months ago

Why Nvidia Is Entering The $30B Market For Custom Chips

Nvidia's largest customers are developing AI chips that compete with Nvidia, but the company is willing to help them do so.
Nvidia is forming a group to help clients build their own solutions using Nvidia IP, potentially becoming an AI licensing giant.

Why social media CEOs deny responsibility for teen mental health crisis

Excessive use of social media by teens can lead to depression.
Social media CEOs deny the link between social media use and depression because it affects their business.

'Left high and dry': Confessions of a laid-off gaming industry worker

Gaming industry is experiencing significant layoffs as the business model shifts towards free-to-play and live service gaming.
An anonymous gaming industry worker discusses their experience of losing their job during the wave of layoffs.

5 Top Tips For Starting Your Dream Business And Making It Profitable

Conduct thorough market research before starting a business
Clearly define your business model and identify your unique value proposition
Develop a strong marketing strategy to reach new customers and increase revenue.
#ChatGPT

Big Tech muscles in: The 12 months that changed Silicon Valley forever

Google's CEO, Sundar Pichai, decided to prioritize the development of products based on artificial intelligence.
Google was facing a potential crisis as an AI program released by OpenAI called ChatGPT gained popularity.

4 ChatGPT Prompts For Starting A Business in 2024 | Entrepreneur

ChatGPT can help with various business tasks, from market research to accounting and social media marketing.
Prompt 1: Use ChatGPT to conduct a business model audit and identify strengths and areas for improvement.
Prompt 2: Request a detailed analysis of your top competitors in a specific industry.

Big Tech muscles in: The 12 months that changed Silicon Valley forever

Google's CEO, Sundar Pichai, decided to prioritize the development of products based on artificial intelligence.
Google was facing a potential crisis as an AI program released by OpenAI called ChatGPT gained popularity.

4 ChatGPT Prompts For Starting A Business in 2024 | Entrepreneur

ChatGPT can help with various business tasks, from market research to accounting and social media marketing.
Prompt 1: Use ChatGPT to conduct a business model audit and identify strengths and areas for improvement.
Prompt 2: Request a detailed analysis of your top competitors in a specific industry.
moreChatGPT

Are You Ready to Ditch Your 9-5 for Your Side Hustle? | Entrepreneur

28% of people in the U.S. are motivated to go full-time into their side hustle because they want to become their own boss.
Nearly 50% of businesses fail within their first five years of operation, so it's important to minimize risks and learn from other businesses.
Having a proven business model, sufficient profits, and a cash cushion is essential before quitting your 9-5 job.
#business model

Here's $75, Give Me One Frosty Tesla Cyberbeer Please GZZT MZZZZT ZZZZZTT ERROR ERROR FATAL ERROR | Defector

Tesla's real business is not just making and selling electric cars but creating opportunities for loyal customers to support Elon Musk.
Despite the flaws in Tesla's cars and controversies surrounding Musk's other ventures, there is still a specific customer base that finds appeal in supporting his ventures.

Pichai to rebut Epic Games' charge that Google monopolized' consumer choice

Google's CEO Sundar Pichai is testifying in the antitrust trial against Epic Games, accusing the company of abusive practices in its app store.
The outcome of the trial could lead to changes in Google's business and distribution model for its Google Play store.
Google is facing multiple high-profile legal battles, including a separate antitrust trial brought by the justice department.

Here's $75, Give Me One Frosty Tesla Cyberbeer Please GZZT MZZZZT ZZZZZTT ERROR ERROR FATAL ERROR | Defector

Tesla's real business is not just making and selling electric cars but creating opportunities for loyal customers to support Elon Musk.
Despite the flaws in Tesla's cars and controversies surrounding Musk's other ventures, there is still a specific customer base that finds appeal in supporting his ventures.

Pichai to rebut Epic Games' charge that Google monopolized' consumer choice

Google's CEO Sundar Pichai is testifying in the antitrust trial against Epic Games, accusing the company of abusive practices in its app store.
The outcome of the trial could lead to changes in Google's business and distribution model for its Google Play store.
Google is facing multiple high-profile legal battles, including a separate antitrust trial brought by the justice department.
morebusiness model
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