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| Name | How Everything Became A Subscription. |
| Video Uploader | Video From How Money Works |
| Upload Date | This Video Uploaded At 10-01-2023 19:04:23 |
| Video Discription | Go to https://buyraycon.com/hmw to get 15% off your Raycon purchase! Sign up for my newsletter https://compoundeddaily.com 👈 ----- Why is everything a subscription? Subscription services are everywhere effecting personal finance the average person is now spending $273 a month on subscriptions and at the same time less than one third of them could afford a $1,000 expense without going into debt… This only includes software services like netflix, disney plus, hulu, spotify, adobe, apple music, xbox games pass and others. it does not include other recuring expenses like gym or club memberships. Service companies are doing this to attract venture capital investment. These investors favour subscription businesses because they provide consistent cash flows and can be scaled rapidly before being sold through a traditional IPO, a SPAC or to a private equity fund. But these businesses are not always perfect and there are some products that just make more sense to sell through a one time direct sale. So it’s time to Learn How Money Works to find out how everything became a subscription. ---- #finance #howmoneyworks Edited By: Andrew Gonzales Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images For sponsorship inquiries, please contact sponsors@worksmedia.group All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. [-34rDklImXY] |
| Category | Education |
| Tags | subscription services | why everything is a subscription | top subscription businesses | subscription companies | how much do people spend on subscriptions | how to cancel subscriptions | software as a service | streaming services | streaming companies | how much money does streaming make | how money works | how history works | why are companies making everything a subscription | business | finance | money | investing | personal finance | subscription service | budgeting | cancelling subscriptions |
