A business model with only two numbers | Derek Sivers

Like most people, I had no idea what to charge for my service.

So I went to the local record store in Woodstock, where they had some local musicians’ CDs on the counter.

I asked the woman at the store, “How does it work if I sell my CD here?”

She said, “You set the selling price at whatever you want. We keep a flat $4 cut. And we pay you every week.”

So I went home and wrote, on my new cdbaby.com website, “You set the selling price at whatever you want. We keep a flat $4 cut. And we pay you every week.”

Read More – Source: A business model with only two numbers | Derek Sivers

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