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Maurice WM Lee Solicitors are a Hong Kong law firm focused on legal services relating to business, finance, trust, investment, wealth management, creative industries and legislative lobbying.  Our experienced lawyers also provide legal services in key areas such as media, entertainment, dispute resolutions and China legal services.

 

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High-Level Revenue Concepts Made Easy by Munjal Shah

Posted by Duke Lee on 2014-04-23

Inside FI gives you exclusive access to a full training session of the Founder Institute. To get updates when we release new videos, follow us on Twitter or subscribe to our weekly newsletter here.

In the video below, Munjal explains the differences between symmetric versus asymmetic revenue models and breaks down the concept of simplifying the "steps to revenue".

Munjal Shah is the Co-Founder & CEO of Like.com (which was acquired by Google to create Google Shopping) and a Charter Member of TiE Bangalore

If you have a startup idea and want to pitch directly to Munjal, please register for the special Founder Hotseat Webinar this week to receive direct feedback from a startup expert.

As Munjal explains;
On the Internet, it doesn't cost you anything to sell an additional item to an additional person or to have an addtional person to use your site. As a result of that, the asymmetric models dominate because the best way to market your services is to make it free. And therefore your customers who use your product are not the ones who pay for it."

               

If you could benefit from expert training and feedback to launch a company, apply to the Founder Institute today. We are currently accepting applications across India including Bangalore, Hyderabad, and many other cities worldwide

(Online Payment image via Shutterstock)

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