A revenue model based on subscriptions or auto-renewal is an excellent way to set up a business for long-term success. Recurring revenue ensures you are getting paid even during slow economic times and even before you walk in the door every morning. Every hour/dollar you spend obtaining a new customer will continue to pay you back over time. Since it is much more expensive to obtain a new customer than it is to keep a current one happy, a one-off sales model is inherently mor

Even though people and companies try to improve their weak points, it is more beneficial to work on improving your strong points. By focusing on your strengths, you can go, for example, from the top 10% to the top 1% in your field. The pay-off will be much greater than if you improved your bottom of the barrel assets . #business #people #product