The Ecommerce Opportunity by Chase Dimond

Blind Ranking The Best and Worst Business Models

March 21, 2024 Chase Dimond Season 2 Episode 44
The Ecommerce Opportunity by Chase Dimond
Blind Ranking The Best and Worst Business Models
Show Notes

In this episode, the boys play a game where Chase is presented with five business models and has to rank them in order from best to worst. The catch? He has no idea what the five business models are, or which one is coming next.

As the game progresses, they discuss the pros and cons of each option, including what types of people might be a better fit for one option over another. At the end, they create some revisionist history and adjust their rankings to reflect what they would have chosen if they knew all of the options up front.

The last segment of the show includes a discussion about the value of courses and examples of the most impactful and transformative course experiences they’ve personally experienced. They wrap up by sharing their first-hand perspectives as course creators and how they hope to be featured on a similar list by their students some day.

Give it a listen, and let us know how YOU’D rank the five business models in the comment section!


WHAT YOU’LL LEARN ABOUT:

  • The Best And Worst Business Models - Review the pros and cons of each option and learn which ones are better fits for each stage of the entrepreneur’s journey. 
  • What Makes An Amazing Course Experience - Learn which courses had the biggest impact on Mason and Chase, and take notes on which pieces they applied that to their own offerings.
  • The Price-to-Value Ratio For SaaS - Get insights on what happens when software tools get too fancy (or greedy) with their pricing model and risk losing good customers simply because their cost has outpaced their value.


KEY MOMENTS IN THIS EPISODE:

  • 00:00:00 – Introduction
  • 00:02:57 – Blind Ranking Business Models
  • 00:03:34 – Mystery Business Model #1
  • 00:05:36 – Mystery Business Model #2
  • 00:09:22 – Mystery Business Model #3
  • 00:14:40 – Mystery Business Models #4 and #5
  • 00:18:15 – The Best Courses We’ve Ever Taken
  • 00:26:17 – Software That Sucks & Is Too Expensive
  • 00:30:00 – Recap & Final Thoughts


LIKE, FOLLOW, AND SUBSCRIBE


Keep up with Chase at…

www.chasedimond.com

www.twitter.com/ecomchasedimond

www.linkedin.com/in/chasedimond


Keep up with Mason at…

www.copymba.com

www.twitter.com/CardinalMason

www.tiktok.com/@cardinalmason