he's a good question which model is
better a b2b model business to business
or a b2c model a business to consumer
model which model is more profitable
which model is more scalable now the
answer is it depends it depends on your
background it depends on what you know
and what expertise or skillset that you
have now since I'm addressing to
millions of people on YouTube for most
people I am generalizing this okay for
most people
chances are starting with B to C is a
little bit easier why because you are
consumer I'm a consumer it's easier for
you to understand what they want because
you are one of them chances are if
you're going into an industry going to a
vertical that you have some experience
in you're selling a consumer product it
could be an e-commerce product right
something that it's low ticket that
everybody uses it doesn't cost a lot of
money to get started and it doesn't take
a lot for you to advertise on on the
internet it could be through Facebook it
could be through Instagram it could be
through Google there's so many channels
that you can advertising or even selling
it on Amazon or YouTube get in the game
to get some traction to make their first
few sales even you could consider going
to Kickstarter to start a kind of like a
crowdfunding campaign right that you
could actually pre sell it before you
actually make it that's a possibility as
well it b2c model once you have some
experience or if you're coming from a
background from corporate that you work
for certain companies such as let's say
you work in HR human resource for a
number of years you have to buckle ation
ships and now you want to go out there
and branch out and start your own human
resource agency to help recruit talent
now then a b2b model might work for you
why because you have some experience you
know some people you have been in that
industry for so many years and now maybe
you send opportunity you see a gap you
see a need that's not being fulfilled in
the marketplace and now you say hey I
want to go out there
and make it happen that's a possibility
but for most I would say start with a
b2c model and if you are capable then a
b2b model is very very profitable why
because usually you're selling to
businesses that's got money they have
capital they have a budget and they have
the ability to pay you knowing that they
don't always pay you on time but that's
what big companies do but you're dealing
with companies that do pay their bills
so that's my recommendation now it's
very very nice to see that I'm getting
some good questions from you from my
fans around the world if you want to ask
me some more good questions and that's
me good questions please right I would
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