Business Model - A Must Have!

Based on Wikipedia, a business model is a framework for creating economic, social, and/or other forms of value. The term business model is thus used for a broad range of informal and formal descriptions to represent core aspects of a business, including purpose, offerings, strategies, infrastructure, organizational structures, trading practices, and operational processes and policies.

Osterwalder proposed a business model design template which allows enterprises to describe their business model and is shown below:
Alright, cut it short, the most important component is the income sources or revenue streams that is a must have to ensure profitable for long term with the efforts and resources invested. My definition of this component is the reasonable and realistic money flow into the business. The keyword here is realistic, which to me it means the amount of money correlates with the capital invested, resources involve and the maturity of the income sources. Example for this website, I will start with USD10 per month and will increase the target once this website is getting more mature.

So, what's the zero cost online passive income sources that I'm planning to create?

• Advertising/ AdSense,
  
• Affiliate Programs and
  
• Online Trading.

I believe there are others but for now, I will only concentrate on these three. Will share more along the way in creating them. Stay tuned!