I would like to pick the brain of this community by asking ‘are there alternatives to the traditional financial models’?
Can the traditional financial model be changed or it won’t change?
What are some y’all seen in your career and think is best or worst. Also do we need another business model, financial model, etc.?
In general, recurring revenue is better than non-recurring revenue due to high client acquisition costs.
The fundamental questions are why will clients keep coming back to you, how often will they come back, and how much will they spend.