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In this video, I am going to decode
00:00 - What is Amazon's Flywheel Business Model
for Digital Business and how you can apply the same principles of a multibillion-dollar company into your own business.

It's going to be one of the most important videos that you'll ever watch.

Steve Jobs, Jeff Bezos, two are my biggest inspirations because they love to give them the best customer experience and, they built their entire business model around that.

If you look at Steve jobs, if you look at Jeff Bezos, these multi-billion dollar companies in the world, they have built on a principle called the flywheel.

01:19 - What is the flywheel?
A simple definition of the flywheel is this with every new customer that's being added into your system, is that customer going to have a better experience customer experience or not?

Let's look at it how we can implement the same flywheel methodology for the digital ecosystem.

09:35 - Build A Solid Product
Build a product by doing research, like a world-class product that can solve people's problems.

10:15 - Get Customer Feedback
Ask your customers, what can I do to improve? Keep running a lot of polls and surveys once a week, make notes of that, and start to get into action mode.

10:32 - Improve Your Customer Experience
Once you get feedback, you take all those points and start to improve the customer experience and enhance your products to suit their needs.

10:50 - Start Focusing On Customer Results
start focusing On customer results not just on the knowledge because when you're improving customer experience and helping them implement the knowledge, you will see people start getting results.

11:05 - Start Documenting The Results In The Form Of Case Studies.

11:36 - Start To Build Your Brand Reputation.
Now I'm getting a lot of people, directly coming and buying my products because they are seeing so many success stories.

12:11 - Attract More Customers.
once you have built your brand reputation, that brand reputation will help you attract more customers.

12:20 - Collect More Customer Feedback
Once you start getting more customers, start taking more feedback to improve the customer experience.

12:22 - Improve Customer Experience
Improved Customer Experience. Based on that feedback

12:27 - Create More Results In The Community.

12:30 - Go Back To Step Number Two.

What is step number two?

Let me know exactly what were your big takeaways from this and what are you going to implement based on this?

#siddharthrajsekar #youcancoach #internetlifestylehub