Skip The Line: Chapter 20: Three Ways To Make A Billion-Dollar Business
A billion is 1,000 million.
Steve Jobs age: 56 years old
Steve Jobs estimated net worth at time of death: $10.2 billion
In all honesty, I have no desire to earn a billion dollars or to create a billion-dollar business. Can you imagine all of the headaches that would come from owning such a large company?
I seek peace of mind, sanity, and joy above all else.
Having said that I do feel like these business models have merit depending on what you're aim is but be careful what you asked for because you just might get it.
1. The Access Economy Model. There will always be people that have more than enough of something. Action Step: Discover the excess and build a platform to give access to those to that will gladly pay to access to the excess.
2. The God/Humans/Data Model. This is a flawed model because we try to use data, AI, and humans to circumvent God. Look at the world and the mess we have created. Action Step: If you believe that the world around is God's work, look again.
3. The Bottom One- Third Model. "Nobody wants to create a business serving the bottom third of an industry". Why Not? Action Step: Remove the labels and just serve the people that you have the unique ability to help.