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001: The Secret to a Billion Dollar Creator: Get Paid in Equity
Billion Dollar Creator
Identifying Recurring Revenue Opportunities
The speaker highlights the example of a company offering baby products with a subscription model for convenient replenishment. This model ensures that essential items are consistently available without the risk of running out. The concept of recurring revenue is further emphasized through examples such as annual certification fees and community events for professionals. The key insight is that businesses can benefit from offering products or services with recurring fees, not limited to just monthly, but at least annually.
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