subscription models

Filed in archive Entrepreneurship on July 9, 2004

Following my yesterday's article Anita makes a "bullish" comment:

"Subscription-based business models can be incredibly profitable once they get legs. I've been in established subscription-based businesses, and it is like printing money off a printing press."

"But consider this: subscription-based startups take a long time to get off the ground and require a huge amount of investment money. As someone I respect once told me, starting a business from the ground up with a subscription model is like "building a beach a grain a sand at a time."

Russell also points me to Ecademy's ambitious goals for subscribers:

"Ecademy is nothing if not ambitious. Their long-term plan is to build the world's largest trusted business network of 10,000 members in each of 1,000 cities or organizations (Trusted Networks) to 10 million members (Power Networkers) worldwide by 2050, generating a combined revenue of �2 billion."

Actually I'm working on two different subscription models. Keep tuned for more information here soon.