Make More Money: Build a Business Model and they will come

Build a Business Model and they will come. If you are looking for a way to make more money and have thought about building a website, starting a blog or Vlog. If you have seen the YouTube videos and thought – I can make money on YouTube. This is for you (because it was for me).

Build a Business Model – Make More Money

I have written about saving money and managing money. A big plus this year is that my daughter is going to Canada. Confused. Well, she is going because she managed her money, earned money all while attending college full time. I am very proud of my little princess. However, after celebrating I had a “aha” moment. Which did not sit well with me.

One of my weaknesses is that I get involved in one too many things. I am a devoted dad, loving husband (not tooting my own horn) just saying what I believe. I am involved at work, with my students and my local church. Not to mention I love watching TV and I have two YouTube Channels plus my blog. Therefore, something always seems to fall by the way side. Which happens to be the blog.

But if I want to make money, I have to put more effort in being consistent. Without realizing it, I have proven to be true that if you consistently put out good (or just even fair) content on YouTube you will grow your subscription base. You will be happy to know that I hit the 100-subscriber mark on my The Fred Wild YouTube channel. Now this does not mean I am raking in the big bucks – but I am headed in the right direction.

Build a Business – if you want (fill in blank)

In order to make money, whether it is in a brick and mortar business or an online business model, you need a plan. That plan is called a business model, business plan, or a blueprint – whatever you call it. You need it. A bank or investor will not loan you money or invest in you if you do not have a business plan.

It can be as simple a plan as consistently creating, producing content on a blog, Vlog or YouTube channel. Even if your plan was as simple as getting revenue from ads – it is still a plan. That is what I need to do and if you want to make money, it is what you need to do.

Build a Business Model = Success

I have online mentors, people who create video or blogs that offer help. And while there are a lot of “Fake Guru’s” out there. The people I have been watching these last 19 months have helped me a lot. My YouTube channel only reached ‘100 subs’ because I used their free advice. My twitter feed was stuck at 75 followers and it has grown to 173 (as of last count). Sure, it doesn’t sound like something to celebrate about but it is growth. Especially since, I have been stagnant in growing my online business for three years.

Here is some advice I am currently taking from Tim Schmoyer.

Buy the book, “Business Model Generation,” on Amazon.

Business Model Generation features practical innovation techniques used today by leading consultants and companies worldwide, including 3M, Ericsson, Capgemini, Deloitte, and others. Designed for doers, it is for those ready to abandon outmoded thinking and embrace new models of value creation: for executives, consultants, entrepreneurs, and leaders of all organizations. If you are ready to change the rules, you belong to “the business model generation!”

How to Build a Business Model

You can make money on YouTube through Adsense, but you can make a lot more money and go full-time on your YouTube channel much more quickly by wrapping a business model around your subscribers and the audience you are developing. One of the best tools that helped me do this was the Business Model Canvas. I’ll introduce you to the Business Model Canvas and how you can use it to make a lot more money from your YouTube channel than you probably do with Adsense.

Create a Business Model for your channel
1: Watch the 2 minute video here and download the Business Model Canvas. http://go.vcreators.co/1mY9Ce1

2: Enter your email address here to download the 72 page preview of, “Business Model Generation,” book. http://go.vcreators.co/231sdqG

3: After watching the video and reading the first section of the book, fill out the Business Model Canvas for your own channel and audience.

Buy the book, “Business Model Generation,” on Amazon.

About

Happy, crazy loving father of two who believes the world is a bit off kilter. I spend a lot of time trying to teach my children to be better than me - I hope they appreciate it.

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