On "Being the Best"
Finding Courage

The Sharing Model of Doing Business

 

Derek Sivers, serial entrepreneur and founder of CD Baby,  shared some advice last week on his business model:

I feel like I know almost nothing about business, because the only business I’ve ever done is the co-op / sharing model.

It goes like this:

1. You already have something that people want.

It might be something you own, something you’ve learned how to do, or access to valuable resources, space, or people.

2. Find a way to share it with everyone who needs it.

Share because it’s what you do for friends, because it’s the right thing to do, because it makes the world a better place, and because it’ll make you deeply happy.

Share as your contribution in return for all the things and ideas that people have shared with you.

(If you’re having a bad day, or someone has recently wronged you, you may not feel the world has shared much with you, but here’s a reminder.)

3. If it takes some effort for you to share it, you can charge a little something for your effort, to ensure that this giving can continue.

Many people I know are thinking about starting businesses of their own. It's the next iteration for their careers. A good place to start is figuring out what you have that other people want, sharing it the way you would with friends, and charging a little something for your effort.

Clearly it can get more complex later, but as a simple model for starting up, why not start with what you have to share?  

 

 

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