#80 - What is the business model of Great.com?

Erik has invested $900 000 in the domain name Great.com because he wants to build a company that will change an entire industry from the inside and out. In this episode, we will explain the business model of Great.com, what industry we will change first, and why we will succeed. And stick with us, because somewhere in this episode, I will tell you how much money I think that we will make. Today's episode has been split up into three topics: 1. What is the business model of Great.com? 2. How much money Erik believes that Great.com will make per year? 3. The thing that most people think is crazy about Great.com, that we will give away 100% of our profits. How does it make sense? Let's learn about what is the business model of Great.com -- This is a "Business secrets episode". These episodes are very rare, only once per quarter, we will do an episode where we reveal the strategy behind Great.com and how we will succeed. This is an opportunity for you to get a behind the scenes look at what it feels like to build a company - and also get an update on our progress. What you learn here is not something you will read in a book. It’s the real story of how Great.com gets built. -- 1. In the first section we dive into the product of Great.com. What is that we are building and what can it be compared with? What value does our service bring to people? And how did Erik come up with it? Has this business idea always been his dream? 2. In the second section we are looking into what it means to give away 100% of our profits to charity. We are explaining how it works to rank high up in Google since this will be an important part of how Great.com will make money. We are also sharing some personal stories about previous challenges with ranking high in Google and when we managed to trick the big company back in 2012 (and how they tricked us back). 3. In the third section we are looking at how it benefits our business model to give away 100% of the money. How it makes us unique in many ways and creates unexpected advantages for our business that our competitors can't do. Follow Erik Bergman and Emil Ekvardt on their social channels! linktr.ee/smilingerik linktr.ee/emil.e