Why hackers earn low and how to fix it
I've investigated a lot of cases here (successful and not) and most of them have a problem with business model means the way how to earn money: what to sell, for what price, how many product etc.
Mostly used low price subscription as the only product.
Why is it matter?
Let's imagine McDonalds Corporation before and after.
BEFORE - it takes small fee from franchisee's profit and share it with McDonalds brothers. Profit depends on multiple factors and were not so big. Small part of it not cover costs of attraction of franchise buyers. This way leads Ray Crock near to bankruptcy.
AFTER - MC changed business model and started to buy lands and to rent it to franchisee to build restaurant on it. It creates strong recursing revenue and made McDonalds worldwide corporation.
So I have 2 questions to you:
- Are you interested to make your business model better and earn more?
- If an indieHacker on early stage is often has no money yet, what can he offer in exchange of such help?
The McDonald's real estate pivot is a classic for a reason. Most founders are selling burgers when they should be owning the land. Strategy beats hustle every time.
Since you're looking for ways to help early-stage hackers improve their business models, you should check out the Validation Arena (tokyolore.com).
It’s a 30-day $19 entry sprint where founders stop overthinking and start proving their models work.
The prize pool is at $0 right now, so the winner gets to lead the board from day one.
The grand prize is a trip to Tokyo! 🏆