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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
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612-822-4611
The Zero Transaction Cost Entrepreneur: Powerful Techniques to Reduce Friction and Scale Your Business

The Zero Transaction Cost Entrepreneur: Powerful Techniques to Reduce Friction and Scale Your Business

Audio Book

Business General

Currently unavailable to order

ISBN13: 9798212930451
Publisher: McGraw Hill-Ascent Audio
Published: Aug 29 2023
Language: English
For many business professionals, the daily to-do list is hard enough to stay on top of, let alone coming up with the big ideas necessary to take their company--or a whole economy--to the next level. But if coming up with those ideas--or finding startups that do--is your job, then The Zero Transaction Cost Entrepreneur is an absolute must-listen for you.



In this book Dermot Berkery shares the key ingredient successful businesses have in common: Smart transaction cost economics. Simply put, these businesses lower or eliminate transaction costs for their customers. Here's just one of the real-world examples you'll find within: Blockbuster Video scored big by making movies easily available to rent; that's a reduction in a transactional cost. Netflix then removed another transaction cost--a trip to the store--sending DVDs through the mail. They tackled other transaction costs--limited choice and wasted time--by moving to streaming.



In this book, you'll discover how transaction cost economics can work for you, in chapters that include: Why Do Other People Come Up with All the Brilliant Ideas?; The 8 Major Categories of Transaction Costs; Makers of Products Need to Transform them into Services; Why Are Transaction Costs Falling Rapidly Right Now?; and The Trifecta of Accelerators: Idle Assets, the IoT, and Marginal Cost Pricing.

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Business General