"Donations" Is Not A Business Model - Part 3 - Ep #77 - SubscribeMe.fm

“Donations” Is Not A Business Model – Part 3 – Ep #77

By Ravi Jayagopal | Podcast

11/06/2018
SubscribeMe.fm by Ravi Jayagopal "Donations" Is Not A Business Model - Part 3 - Ep #77 11/06/2018
00:00:00 00:00:00

.

Building your business on the generosity of strangers – aka “Donations” – is not a business model.

This is Part 3 of the series “Ad Revenue Model Is Dead, Sponsors Are Unreliable, “Donations” Is Not A Business Model.”

(Photo: Jimmy Fallon and U2 performing in disguise at a NYC subway station.)

Welcome to episode #77 of the SubscribeMe show from SubscribeMe.fm.

I’m your host Ravi Jayagopal. This is the podcast to listen to, to learn about creating membership sites & online courses, making, marketing and monetizing digital content, WordPress, eCommerce, digital marketing, and tools, techniques and tips that you can use to create a long term, profitable online business.

I am the co-founder & co-developer of DigitalAccessPass.com, a premier membership plugin for WordPress, fondly known as DAP.

Building your business on the generosity of strangers – aka “Donations” – is not a business model.

First, I play a clip from a podcast called RadioLab, a super-popular radio show and podcast with millions of listeners, where you will hear a really shocking revelation about the ability – or should I say, inability – to raise funds through donations even when you have a super-successful podcast, which, according to their media kit, they get 1.6 million weekly radio listeners.

And then, I’ll tell you another true story that happened on a cold morning in January 2007, when a violinist wearing a baseball cap was playing some beautiful music in a Washington DC subway train station.

1,097 people passed him by, but only 7 of them stopped to listen to him. He had a mat spread out in front of him to collect donations.

For his 43-minute performance, he collected a whopping $32.17 from a total of 27 passersby.

Do you know how much this guy’s violin cost?

Please listen to the rest using the player above (or below), via Apple Podcasts at SubscribeMe.fm/itunes/ , or via Android at SubscribeMe.fm/android/ .

And also check out my new daily show, “Cut To The Chase” from CutToTheChase.fm which is also available as an Alexa Flash Briefing, at https://www.amazon.com/dp/B07GLP1KV1/

Cheers!

– Ravi Jayagopal
PS: The audio players above and below are powered by CoolCastPlayer 🙂


Check out the full podcast below…

11/11/2021
SubscribeMe.fm: Making, Marketing & Monetizing Digital Content with Membership Sites, Online Courses & Recurring Subscriptions by Ravi Jayagopal Part 2: Takeaways From My Book Launch: The Offer - 111 11/11/2021
00:00:00 00:00:00
10/22/2021
SubscribeMe.fm: Making, Marketing & Monetizing Digital Content with Membership Sites, Online Courses & Recurring Subscriptions by Ravi Jayagopal Part 1: Takeaways From My Book Launch: Launch On Your Website, Not On Amazon - 110 10/22/2021
00:00:00 00:00:00
09/13/2021
SubscribeMe.fm: Making, Marketing & Monetizing Digital Content with Membership Sites, Online Courses & Recurring Subscriptions by Ravi Jayagopal Sell First, Create Later - 109 09/13/2021
00:00:00 00:00:00
06/28/2021
SubscribeMe.fm: Making, Marketing & Monetizing Digital Content with Membership Sites, Online Courses & Recurring Subscriptions by Ravi Jayagopal No Such Thing As Too Long, Only Too Boring - 108 06/28/2021
00:00:00 00:00:00
06/16/2021
SubscribeMe.fm: Making, Marketing & Monetizing Digital Content with Membership Sites, Online Courses & Recurring Subscriptions by Ravi Jayagopal I Came Home and the Dog Was Bald - 107 06/16/2021
00:00:00 00:00:00
06/08/2021
SubscribeMe.fm: Making, Marketing & Monetizing Digital Content with Membership Sites, Online Courses & Recurring Subscriptions by Ravi Jayagopal Put Your Pen Down, Script It And Rehearse It - 106 06/08/2021
00:00:00 00:00:00
04/10/2021
SubscribeMe.fm: Making, Marketing & Monetizing Digital Content with Membership Sites, Online Courses & Recurring Subscriptions by Ravi Jayagopal Podcasting with WordPress: The Do's and Don'ts of Creating and Hosting Your Podcast Feed and Audio - 105 04/10/2021
00:00:00 00:00:00
01/23/2021
SubscribeMe.fm: Making, Marketing & Monetizing Digital Content with Membership Sites, Online Courses & Recurring Subscriptions by Ravi Jayagopal Part 3: 25 Video Tips For Video Course Creators and Premium Content Creators - 104 01/23/2021
00:00:00 00:00:00
12/10/2020
SubscribeMe.fm: Making, Marketing & Monetizing Digital Content with Membership Sites, Online Courses & Recurring Subscriptions by Ravi Jayagopal Part 2: 25 Video Course Creation Tips For Online Course Creators and Membership Site Owners - 103 12/10/2020
00:00:00 00:00:00
11/23/2020
SubscribeMe.fm: Making, Marketing & Monetizing Digital Content with Membership Sites, Online Courses & Recurring Subscriptions by Ravi Jayagopal 25 Video Course Creation Tips For Online Course and Digital Creators - Part 1 - 102 11/23/2020
00:00:00 00:00:00
10/14/2020
SubscribeMe.fm: Making, Marketing & Monetizing Digital Content with Membership Sites, Online Courses & Recurring Subscriptions by Ravi Jayagopal Waterfall Method, If It Ain't Broke, Don't Fix It and Junior Developers - Part 4 - 101 10/14/2020
00:00:00 00:00:00
09/10/2020
SubscribeMe.fm: Making, Marketing & Monetizing Digital Content with Membership Sites, Online Courses & Recurring Subscriptions by Ravi Jayagopal Repeatability, Scalability and WORA: What Entrepreneurs Can Learn From Programmers - Part 3 - 100 09/10/2020
00:00:00 00:00:00
08/10/2020
SubscribeMe.fm: Making, Marketing & Monetizing Digital Content with Membership Sites, Online Courses & Recurring Subscriptions by Ravi Jayagopal Design Big, Implement Small, Algorithms and Rapid Prototyping: What Entrepreneurs Can Learn From Programmers - Part 2 - 99 08/10/2020
00:00:00 00:00:00
07/27/2020
SubscribeMe.fm: Making, Marketing & Monetizing Digital Content with Membership Sites, Online Courses & Recurring Subscriptions by Ravi Jayagopal 17 Things Entrepreneurs Like You Can learn from a Programmer - Part 1 - 98 07/27/2020
00:00:00 00:00:00
06/21/2020
SubscribeMe.fm: Making, Marketing & Monetizing Digital Content with Membership Sites, Online Courses & Recurring Subscriptions by Ravi Jayagopal Part 5: Greatest Free and Freemium Tools - 97 06/21/2020
00:00:00 00:00:00
04/19/2020
SubscribeMe.fm: Making, Marketing & Monetizing Digital Content with Membership Sites, Online Courses & Recurring Subscriptions by Ravi Jayagopal Part 4: Greatest Free and Freemium Tools - 96 04/19/2020
00:00:00 00:00:00
01/30/2020
SubscribeMe.fm: Making, Marketing & Monetizing Digital Content with Membership Sites, Online Courses & Recurring Subscriptions by Ravi Jayagopal Part 3: Greatest Free and Freemium Tools - LastPass - Ep 95 01/30/2020
00:00:00 00:00:00
01/21/2020
SubscribeMe.fm: Making, Marketing & Monetizing Digital Content with Membership Sites, Online Courses & Recurring Subscriptions by Ravi Jayagopal Part 2: Greatest Free and Freemium Tools - Ep 94 01/21/2020
00:00:00 00:00:00
01/11/2020
SubscribeMe.fm: Making, Marketing & Monetizing Digital Content with Membership Sites, Online Courses & Recurring Subscriptions by Ravi Jayagopal The Greatest Free and Freemium Tools I Can't (and Won't) Live Without - Part 1 - Ep 93 01/11/2020
00:00:00 00:00:00
12/31/2019
SubscribeMe.fm: Making, Marketing & Monetizing Digital Content with Membership Sites, Online Courses & Recurring Subscriptions by Ravi Jayagopal Kindle Book-Writing Tips From a 6-Time Author - Part 2 - Ep 92 12/31/2019
00:00:00 00:00:00
12/01/2019
SubscribeMe.fm: Making, Marketing & Monetizing Digital Content with Membership Sites, Online Courses & Recurring Subscriptions by Ravi Jayagopal Don't Write a Best-Selling Book (Do This Instead) - 91 12/01/2019
00:00:00 00:00:00
10/15/2019
SubscribeMe.fm: Making, Marketing & Monetizing Digital Content with Membership Sites, Online Courses & Recurring Subscriptions by Ravi Jayagopal 1000 True Fans and Why You May Be Building An Audience The Wrong Way - 90 10/15/2019
00:00:00 00:00:00
10/05/2019
SubscribeMe.fm: Making, Marketing & Monetizing Digital Content with Membership Sites, Online Courses & Recurring Subscriptions by Ravi Jayagopal Forget the "Leavers". Create for the "Believers" - 89 10/05/2019
00:00:00 00:00:00
08/26/2019
SubscribeMe.fm: Making, Marketing & Monetizing Digital Content with Membership Sites, Online Courses & Recurring Subscriptions by Ravi Jayagopal Part 3: Podcast Paywall: Premium-Only Podcast or Free Episodes Too? - 88 08/26/2019
00:00:00 00:00:00
07/30/2019
SubscribeMe.fm: Making, Marketing & Monetizing Digital Content with Membership Sites, Online Courses & Recurring Subscriptions by Ravi Jayagopal Part 2: Generating Leads with a Podcast - Why It's Not The Best Platform For That - 87 07/30/2019
00:00:00 00:00:00
07/12/2019
SubscribeMe.fm: Making, Marketing & Monetizing Digital Content with Membership Sites, Online Courses & Recurring Subscriptions by Ravi Jayagopal How to Monetize a Podcast, Build an Audience and Sell Premium Content - 86 07/12/2019
00:00:00 00:00:00