The Ultimate Business Model In 2024 To Make The Most Profits
The best business model you can find to make the most profits.
ARTICLES
You got it all wrong.
This article is here to enlight you about business. YOU GOT IT ALL WRONG. Most people, and I believe you're one of those, get into entrepreneurship because they vaguely understand that entrepreneurship = big money big car, and big house. And, frankly, there's some truth to that, but this is only the outcome we want to achieve.
And so, people focus absolutely on the outcome. People do dropshipping businesses that get them nowhere because it's a flawed business model because they do not focus on their product, they focus on their outcome. And the problem is, when you sell bullshit in an over-saturated business, nobody wants to buy it.
You see, in entrepreneurship from what I've understood, you need to put your fucking soul into it. You need to really give a lot to your business, and if you only focus on the outcome you're not going to be authentic, you're only going to be there for the money. You're going to work shallowly on something you don't like. But if you actually focus on producing great quality original work, then your business is inevitably going to pick up.
For example, let's say you want to get into the niche of weight loss like I am. If you're out there and your sole focus is to gain money, you're going to try selling 30-day meal plans, short consultations with "professionals", and a workout plan that isn't even that good in the first place. That's what some and even most of our competitors are doing.
Now, look at us. We provide real, long-lasting knowledge about weight loss in a weight-loss course that is a one-time buy, and that can help you lose weight and keep it off forever, used by a 16-year-old (no need for Ph.D and all that bullshit when you have a TEENAGER who managed to change using the techniques in the course) and that actually produces results fast.
Compared to our competitors we focus on absolute quality, and this is why I believe our business can be long-lasting. The course is a high-quality high-informational course. The articles we provide actually solve specific problems and are of great quality, well-researched, engaging, and compact in information.
So you might have not guessed it yet, but the best business model is the one you actually love doing. "Wait, but that's just bullshit, that's not working in real life." you might say. And that's understandable, concrete companies in China don't love concrete, they do it for money. But assuming you're not here to become the latest concrete entrepreneur, and you're here to make money online, then do a business you can do effectively.
For example, when I started my entrepreneurship journey, I wrote many books. Many books that I never published, but this gave me the experience and the love for writing. Now, when I had to choose a real business model I could follow, I had chosen to write articles and a long-form weight-loss course that took me eight months to complete (end of August 2023 to April 2024).
And, since I love writing, when I wake up in the morning to work on my articles, it's not a big deal. It feels fun. It feels nice to work. It feels also hard, I need to push myself, it's not always fun, but it has this sort of "purposeful" taste to it. This is in accordance with my purpose.
So, two key lessons here: 1) find something you love to do and make it sellable, and 2) back it up with your purpose or a purposeful mission (helping people, saving lives, making people lose weight, getting people into the gym, etc).
If you absolutely love the fitness world, supplementation, workout plans, bodybuilding, and all that stuff, you could for example find something you love to do (researching the importance of supplements, studying different training techniques) and invest your energy into it to make it profitable. Create a supplementation company. Create a company like MyProtein or GymShark to sell clothes, supplements, and sometimes even food. Or, go and write articles about bodybuilding and make a bodybuilding blog. Or, go and record videos about bodybuilding and make a bodybuilding YouTube channel.
Do what you love, but do it correctly
"Do what you love" is a great mantra in business, not really anywhere else. Doing what you love is very helpful, but doing it CORRECTLY is the key to success. Listen to me: if you love for example taking care of animals, you could make an animal blog. But if you post one article per month on it, it's never going to pick up.
So, do what you love, but do it correctly. Find something that you fairly like, that you're quite good at, and upgrade this skill to make it so good that you can sell it, however, do it correctly. It's not just a question of producing good YouTube videos about self-improvement and it's going to pick up wonderfully.
For some people, it might work, but I think we need to develop some strategy behind our business. So, for example, let's say you have a YouTube channel or any following of any kind (people are taking your advice and are following you). The best thing you can do is invest for example in building a Skool community, with a 10 dollars per month or 20 dollars per month membership where you could do private coaching calls, public coaching calls, courses, personalized advice, unique videos, full guides, etc.
If you don't know what Skool is, Skool is an online platform to create online communities that could give you money. If you have 10000 subscribers, and you make a self-improvement oriented Skool community, and 348 of your subscribers join your community at a 20-dollar cost per month, that's 6960 dollars per month, doing something you love (producing videos on self-improvement, helping people, etc). That's only if you have 10000 subscribers, with 348 people converted, and at a low-cost entry of 20 dollars per month (relatively low compared to the hundreds of dollars some other communities charge).
You can literally become rich, richer than people who studied subjects in universities for years, by simply 1) finding something you're skilled at and that you fairly like, 2) building a following and 3) selling a course or a private community on Skool or on any other private community platforms, even your own website.
I am going to give you the example of Hamza Ahmed, an entrepreneur from England. He started producing videos on self-improvement for a few years. After 2-3 years of doing so, he began building a huge following, being the self-improvement figure of our generation and acquiring around 2 million subscribers.
He decided, as a smart businessman, to launch a Skool community. Do you know how much he charged? He literally charged to join the community 500 dollars upfront, and a 100 dollars per month membership afterward. Do you know how much money he made? He went from 10-20K a month using his YouTube revenues to MILLIONS of dollars in only a few months.
This is the power of scale. He had everything: enough audience, and a costly membership, with high or even very high-quality content to sell. What made him so much more productive and what made him so successful was that he followed a business that was aligned with his masculine purpose in life and that he loved to do. He loved to wake up and help young men around the world improve their lives. And since he gained more money, since he became more productive, since he had this "upward spiral effect", he created even better videos which helped, even more, his audience.
He didn't just profit from his business, everyone profited from his success. And therefore, you should try to do the same too. Build a business you love, scale it up with a following, and sell an expensive, very high-quality product that will change lives in your community. You have one of the many formulas to becoming rich. It might sound easy like this but it's not tho, so you'll have to be consistent, disciplined, and decisive.
And I'm not going to lie to you, at Always Improving we even thought about making a Skool community... but that's for next time (wink). See the transparency we have in this business? You couldn't find this type of transparency in other article-based websites, would you?
Focus on quality, not quantity, and then both.
It's important as an entrepreneur to get your priorities right: first quality, then quantity, then both. You see, the most important part of your business is that you deliver high-quality products or services, and therefore if the quality isn't there, you have a huge piece of the puzzle missing.
The second most important priority is quantity. If you multiply high-quality content with high-quantity work, you get a ton of high-quality content, which is great for the scale of your business, which attracts more customers, and which makes your overall business more effective.
But always focus on quality first. Let's say for example you want to follow the business model I gave you, the one used by Hamza Ahmed, of making YouTube videos where you advise about self-improvement, relationships, health, and life and where you scale your audience to sell to them your ultimate, high quality, high quantity product.
This business model is very good, but you should first focus on quality instead of quantity. Focus on making high-quality videos, that truly have an impact on people, instead of quantity. Then, once the quality is dialed in, and you can confidently increase your quantity whilst not sacrificing the quality of each piece of work, then scale up the number of videos you do whilst keeping a consistent quality rate or even an increasing quality rate in each video.
Then, once you've built a following, sell your ultimate product. This way, you can make a ton of money whilst doing the work you love, truly helping people and helping them solve their problems. Magic. Also, try to target a specific niche of people, and not just "the world population". This way, you can find precise solutions to problems made especially for them so they have better results and they will probably buy from you since you fix their specific problem.
Give things for free, and you will get more customers.
There is a message from Alex Hormozi (famous entrepreneur, investor, and Skool co-founder) that says "If you’re starting out, give your stuff away for free. When people say no, ask them why. The reasons they list will be the hidden costs associated with your product or service. Reverse those and you’ll unlock value. Oftentimes your price isn’t the biggest cost."
This message highlights two important truths of business: 1) To unlock value you need to give stuff away for free that is "pre-prepared" for your customer so he doesn't have to do it all himself, and 2) The biggest cost in your business is not always your price but the cost the customer has to put mentally and physically to achieve the result you're preaching.
For example, in a weight-loss business, the biggest cost isn't actually the price of the product you're selling, it's the effort your client needs to do to get his ass off the couch. Ultimately this cost is the hardest to tackle because you need to reverse engineer your business, find the problems your client has (listing his problems), find the solutions to these problems, and make a product of all of the solutions.
So, solve the problem of the customers for them, try to facilitate the steps taken at a maximum, and you will have VALUE. And if you give this value for free, you're going to attract naturally a ton of customers.
I'll give you an example. Let's say we're in a small rural village in France or Italy, and we're selling bread. And, it's the time before the internet. In the village, you have your concurrence who also sells bread. If you list the problems your customers might face whilst eating your bread: too soft, too hard, weird aftertaste, not crunchy enough, feels like low-quality, not enough flour on it, etc then you can solve those problems by for example making multiple categories of bread with different tastes and textures, adding a bit more flour on your baguettes, then you're adding and providing value to the customer.
And if you're making your bread exceptionally good through dozens of problem-solving, then people will naturally come back to you each time instead of going to your competition. And it's logical: if you give people what they need better than anyone else, people will come back. And sometimes you don't even have to be better than anyone else: in the bread business for example, a lot of people will go and buy bread in the closest place they can find near their house even if the taste isn't great. It's faster and more practical for them.
But the bread business is a pretty bad example due to it being highly competitive and having quite "fixed prices". It's not like upping your value will up the price paid by your customer: he might buy more bread, but there's still a limit to your business since nobody will buy a baguette at 60 euros. This is why if you apply this principle in online businesses you can gain a lot of money whilst (and this is the most incredible part) really making a difference by really helping people since you solved their problems.
CONCLUSION
To make a small summary, focus on giving value to your customers. Find a skill you can upgrade and that you're good at, use it to give value to people for free, then, after having built a following, sell a product that is highly valuable for your customers, and you can put very expensive price tags and some people will buy.
In other words, if we had to resume this article in one single quote:
Focus on solving problems exceptionally well for free, and people will jump to your feet with their money.
This might not always work: theory doesn't necessarily equal real life, and there are a lot of factors that could hurt or slow your business. However, this technique really does work most of the time, the vast majority of the time even, and I believe simply giving value is the basis of entrepreneurship. This is why dropshipping doesn't work: you're only focusing on money YOU can make selling a bad product to your customer. You're not giving that much value, and so only 1/100 drop shippers make profitable sales over the long term.
To conclude, thank you for reading this article. As always, I appreciate it deeply: you are the one making all of this possible.
I'll see you next time.
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