Extended warranties. They suck, right? I should know, I sold ’em too. (Well, I sold a type of them when I was doing leases.) Look, we all what the deal is: extended warranties are high dollar gambles that most often sit as piles of cash in a giant vault and the Scrooge McDucks that sell […]
Tag Archives: revenue
Passive income for financial and real estate professionals
Most financial and real estate professionals perform a service for their clients (for example: investing in stocks, selling life insurance, searching for a home to buy, or listing a home to sell). This is “active income” because it requires you to be present and spend some of your time and talent to deliver the service. […]
Just read: ‘The Best Business Model in the World’ at HBR
Business models are my drug. (Okay, that sounded pretty geeky). So when someone writes about the “Best Business Model in the World”, how can I NOT read that article? The short story is, SAAS is the modern version of the best business model in the world: Costs are high upfront but drop overtime (and approach […]