#1919 - Q&A: Which is better: direct or indirect income?
Side Hustle School
Chris Guillebeau
4.7 • 3.3K Ratings
🗓️ 3 April 2022
⏱️ 7 minutes
🧾️ Download transcript
Summary
A listener has a clear business idea, but isn’t clear about the revenue model. They can get paid through affiliate and advertising revenue (indirect), *or* through selling to consumers themselves (direct). Which might be better?
Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.
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Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.
Show notes: SideHustleSchool.com
Email: team@sidehustleschool.com
Be on the show: SideHustleSchool.com/questions
Connect on Instagram: @193countries
Visit Chris's main site: ChrisGuillebeau.com
Read A Year of Mental Health: yearofmentalhealth.com
If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼
Hosted on Acast. See acast.com/privacy for more information.
Transcript
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| 0:38.2 | Hello, thanks for tuning in today. My name is Chris Gellabo. This is Sadisle School. |
| 0:42.8 | Got a question for you from a listener. They're wondering which is better direct or indirect income. |
| 0:48.4 | Okay, so what does that mean? Well, there are many, many different ways to get paid. |
| 0:53.0 | We've looked at lots of different business models. Today, this listener is going to help us make |
| 0:57.2 | that distinction between direct and indirect income. These terms aren't always used. |
| 1:01.8 | So I'll define them for you more specifically in my answer. |
| 1:04.5 | Basically, the business model our caller is developing is either a B2B or B2C operation. |
| 1:10.4 | Depending on whether they choose to get paid mostly through affiliate and advertising revenue |
| 1:14.7 | or through selling to consumers themselves. By the way, this isn't two different business ideas. |
| 1:20.2 | Okay, that's the key point. They've got one business idea. They're just trying to figure out |
| 1:24.0 | which revenue model to choose. Or which revenue model to apply, let's say. |
| 1:28.8 | So if you've settled on your idea, depending on your project, you might have one more big choice to |
| 1:33.1 | make. Let's see what we can do to help out with this particular situation. The question about |
| 1:37.9 | direct or indirect income and my answer coming up after the break. When you're buried in orders |
... |
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