Business Models For Designers And Developers

So you want to design or build apps, but what is the right business model. What you do not realize is that the service model is a declining assets model, and no one wins with a declining assets model.

Let me explain.

Declining Assets Business Model

When you start a service business model company, the asset is your own labor hours. Well, what happens if due to automation, the hours per project keep decreasing over time? Hence, the name declining assets business model. And guess what? You lose twice as it doubles how inflation impacts your business revenue.

Do not feel bad as there are all sorts of declining assets business models. For instance, the domain squatter earning revenue through web ads is one, as the price paid per ad impression has been decreasing since it was first invented.

So we have to take the service model by labor hour and re-image it and change it.

What The Product Is

Okay, the hours you design something or the hours spent creating the code is not the freaking product! And to make it challenging, we want a product that we create once but can be sold multiple times with zero copy costs.