Business model

And underneath is, you know, one of the most ferocious journalists I've ever met.

Turning to tomorrow, my first opinion, how to counter a business model of misinformation.

Anything else? Yeah, I want to just express my...

gratitude for the great blockbuster investigation today.

Let me tell you.

you about this business model that you guys are subscribing to that I really want you to understand.

You manufacture anxiety.

You sell the solution to the anxiety.

Look at this.

Watch.

It is the most elegant business model ever constructed.

Like if I was a shady son of a bitch and I was trying to construct a business model, this is brilliant.

It's just they started at a different time.

The person whose entire business model is digital and global can follow advice about building funnels and evergreen courses and passive income.

The person whose business is fundamentally local and relationship-based

probably shouldn't.

The scale wasn't right for it yet.

So the scale problem is one issue.

The business model mismatch is another.

And in some ways it's kind of subtle and more damaging.

I definitely come across that same instance myself.

I'm interested a little bit in your business model.

How does Scout monetize?

So Scout doesn't have monetization yet.

If you're going to base a real business in learning, I think you should use a learning management system plug-in.

but there's there's a as we go into the second half there's a bit of overlap there but there are circumstances if you're not planning to build a learning business and build it on wordpress and we both believe that you should base it on wordpress because of ownership owning your intellectual property owning your business all the things we've discussed we sincerely believe that um that if you're not into that there are other circumstances where a learning management plugin is not the right solution and some of these membership plugins are better choice basically so i drawed up a list in iKirk about um And number one is how to match your membership plugin with your business model, whether courses, community, content or mix.

And I think with your introduction, you kind of covered that in some ways because I don't think a lot of membership, well, there's one that we're going to discuss that isn't Well, it's a hybrid, so it's all in the detail, isn't it? But I don't think your traditional membership plug-in is right for communities.

And if you're going to do multiple courses, I don't think a traditional membership plug-in is the right choice.

That's what my wife drives.

as well and the second reason here is that I own neo stock so I'm an investor in the company and that's full disclosure it represents a very small fraction of my overall portfolio but nonetheless I own some of the shares and that could make me biased in some cases but I'm gonna try to be as objective as I can and my analysis here but this leads me to the statement of that you should do your own research before investing in the stock my opinion is mine alone you should do your own diligence before buying neo shares and with that let's dive right in and so the way I want to approach this is first talk about the company's business model overall and then I want to talk about the risks and opportunity that the company has in the marketplace and then I'm gonna talk about where I stand with my investment in the stock today and where I see the company going forward first the business model of the company Now in terms of business model, what NIO is trying to do is to produce an SUV that's better in quality than its counterpart with internal combustion engine at an equal price.

And that's going to come into play when we talk about the margin as part of the risks because their margin has been negative for quite some time because the selling price of the vehicle is quite low as they're trying to capture a big market share by offering the vehicles at an attractive price.

The second thing they do is that they outsource the manufacturing to a third party manufacturer.

So the difference between a Tesla and a NIO is that Tesla has its own manufacturing plant while neo only designs the vehicle and the powertrain and outsources the manufacturing to a third-party firm and that's going to come into play when we talk about things such as supply constraint and quality control and this is just the overall business model of neo now when you evaluate any company for investment you want to look at the risks and opportunities that this company has in the marketplace and because i'm an investor in neo i want to begin with the positive first with the opportunity so i'm going to talk about the opportunity and the first one is china and china is the biggest market there is for any consumer product and NIO being a native company to China, they have a huge opportunity there.

And also because China is growing in terms of its middle class and upper middle class, as the GDP per capita grows and the economy grows, this middle class and upper middle class is growing.

And NIO being an aspirational brand there has a good potential to earn a big market share.

So we have a million tons that's already collecting in the cities annually.

And here is our business model looping itself in your raw material.

Independently what's going on.

Yeah, you don't have to do anything to...

know.At the same time, Dan Lin, the chairman of Netflix Films, who is reportedly having it out with Greta Gerwig right now, just got a new boss because the chief content officer at Netflix got booted and is now replaced with a new guy, Peter Rice.

Um, but there are reports that she was scapegoated for failures in Netflix's own business model, and that the content isn't really to blame for their financial woes right now.

Um, [clears throat] so there's a lot of turnover.

Everyone is panicking about how to edit this film into something watchable, [laughs] and they've already bet huge on it.

And the way I see it is Paramount, from everything that I've seen, is going all in on tech, which is why they're connected to Oracle through Ellison.

Um, and they really wanna be the company that's got, that's forcing you to look at their shit 24/7.

Netflix has a very specific business model that they haven't been able to get out of the way of.

Like, they haven't, they haven't accurately moved over to theaters yet.

Um, so.

It's a pr- it's a smart business model.

I commend you, Jordy.

Thank you.