๐ Business Model vs Revenue Model vs Revenue Stream ๐ These terms are often used interchangeably, but they mean very different things. Here's a simple breakdown: 1๏ธโฃ Business Model ๐งฉ What your business does and how it creates value. Example: Netflix offers subscription-based streaming of movies and TV shows. 2๏ธโฃ Revenue Model ๐ฐ How you make money from your business model. Example: Netflix makes money through monthly subscriptions. 3๏ธโฃ Revenue Stream ๐ Specific sources of income within your revenue model. Example: Netflix's basic plan revenue. Netflix's premium plan revenue. Revenue from merchandise or games. ๐ In short: Business Model = How you operate. Revenue Model = How you make money. Revenue Stream = Where the money comes from. A clear distinction can help you define your strategy, focus, and growth! ๐ Whatโs your revenue model? Drop it below! ๐
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