
Fine line between genius and insanity, right?
So, should we vie everything away for free and find partners to work with?
Links to what's going on right now..
π https://www.yellowtuxedo.co.uk
πͺ http://www.thedigitalcircus.co.uk
πhttps://www.yellowtuxedo.co.uk/stay-in-touch/
Chapters
00:00 Driving to Andover: A Family Journey
03:06 The Concept of Giving Everything Away for Free
06:02 Monetizing Free Offerings: The Business Model
12:00 Value Perception: Free vs Paid Services
17:02 Exploring Partnerships and Community Engagement
Full notes further down...
This is a bonus episode of πͺ Digital Circus LIFE | The Small Business Podcast
πLearn more about building your online ecosystem.
πhttps://www.yellowtuxedo.co.uk/so-you-want-to-create-an-online-ecosystem/
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πhttps://www.yellowtuxedo.co.uk/stay-in-touch/
Have fun always..
Emily & Alan π
Thanks for watching: From Paid to FREE: Our New Business Plan! Will it WORK? | Small Business Podcasts
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Show notes
This week, we discuss our family journey to Andover during Christmas, leading to a deeper exploration of their business philosophy at π Yellow Tuxedo. We contemplate the idea of giving everything away for free, inspired by large companies like Facebook and Google, and how this could be monetised through partnerships and community engagement. Our discussion also touches on the perception of value in free offerings versus paid services, and the importance of maintaining a personal connection with you, out there in the audience. π₯°
Takeawaysπ
π The creative process thrives in a sweet spot of adrenaline and tiredness.
π Giving everything away for free can be a viable business model.
π Learning from big brands can inspire small businesses.
π Monetisation can come from partnerships rather than direct sales.
π Value perception is crucial when offering free services.
π Community engagement enhances the value of free offerings.
π Maintaining personal connections with clients is essential.
π Exploring different revenue streams can diversify income.
π Feedback from the audience is vital for business ideas.
π The journey of business ideas often involves collaboration and discussion.