Step3: The one-minute business model - Deepstash

Step3: The one-minute business model

  • Know your target profit (e.g. $1,000,000), profit per unit sold, and total sales needed
  • Revenue - Cost = Profit
  • Target Profit ÷ Profit per unit sold = Total sales needed
  • Ask yourself, if this is going to be a one-off purchase, something customers buyu here and there when they want to consume it, or can you make it a monthly recurring sale?
  • It’s always better to be in the reorder business

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