Specifically, the franchise model allows businesses to monetize their brand equity and create new, high margin licensing products that provides leverage on its existing fixed costs. In the process, certain cost centers (like marketing spend) turn into revenue drivers (through trademark licensing). At this point, the business crosses the chasm of... See more
If you’re considering whether or not to buy a crypto asset, understanding the tokenomics is one of the most useful first steps you can take to make a good decision.
C. THI NGUYEN: So the basic thing that I keep thinking about is that point systems are really narrow, and really clear, and really simple. And in games— in real games— when the point systems aren’t attached to— I don’t know— the political life of our nation, that’s great. It’s beautiful. And we can talk about why that enables all these kinds of... See more
The 80/20 Rule will help you find the useful things in your past and get more of them in the future. But if you don’t want your future to be more of your past, then you need a different approach.
It’s not quite a pyramid scheme or ponzi, but it’s darn close. The only way everyone keeps making money is if other people keep putting more money into the system, which either requires more people or deeper pockets from existing people.
Option #4: The all-in-one approach: A brave but altogether more fruitful approach to product design is to combine all of the above and ask people to sign up whilst they submit information to personalise the experience and get shown what to do and where to go once they’re through the onboarding process.