🚀 Business Model vs Revenue Model vs Revenue Stream 🚀
These terms are often used interchangeably, but they mean very different things. Here's a simple breakdown:
1️⃣ Business Model
🧩 What your business does and how it creates value.
Example: N
Unfortunately, in the real world, no business exists in a vacuum. Even if you corner the market with your groundbreaking innovation, imitators will be close behind.
But merely having competitors doesn’t make a thing awful. By finding your unique adv