Choosing the Perfect Business Model for Your Native Genius
In my previous posts, we explored what native genius is, where this concept comes from, and how real people have used their natural talents to build wealth. Now, let's get practical and talk about how to choose and implement the right business model for YOUR specific type of native genius.
Why Business Model Matters as Much as Talent
Having a natural talent is great, but picking the wrong business model is like putting a Ferrari engine in a golf cart - you won't get the full benefit of your power. The right business model acts as a multiplier for your native genius, while the wrong one can actually make success harder.
Step 1: Identify Your Type of Native Genius
Before choosing a business model, you need to know exactly what type of native genius you have. These are the common types:
Problem Solver
Signs: You naturally spot better ways to do things
Example: You're always thinking "there must be a simpler way" and finding it
Famous examples: Sara Blakely (Spanx), James Dyson (Dyson)
Knowledge Translator
Signs: You make complex ideas simple and actionable
Example: People thank you for explaining things clearly
Famous examples: Marie Forleo, Malcolm Gladwell
Connection Builder
Signs: You bring people together and create relationships easily
Example: People say you "just get them" and open up to you quickly
Famous examples: Oprah Winfrey, Tony Robbins
Visual Creator
Signs: You naturally think in images and aesthetics
Example: You can visualize the finished product before you start
Famous examples: Joanna Gaines, Jonathan Adler
Systems Architect
Signs: You see how parts fit together to create efficient systems
Example: You organize information or processes in ways others find helpful
Famous examples: Ray Dalio, Michael Dell
Step 2: Match Your Genius Type to Compatible Business Models
Different types of native genius work better with different business structures. Here's a guide:
For Problem Solvers
Best Models:
Product Innovation: Creating physical or digital products that solve problems
SaaS (Software as a Service): Developing software solutions to specific problems
Invention Licensing: Creating solutions others can manufacture and sell
Example Setup: A product innovator like Sara Blakely didn't need to build a huge team right away. She created a prototype, patented her idea, and then focused on getting it manufactured and into retail channels.
Pricing Strategy: Value-based pricing based on the size of the problem you solve, not your time. If your invention saves a company $100,000, charging $10,000 is reasonable.
For Knowledge Translators
Best Models:
Information Products: Courses, books, and training programs
Membership Communities: Ongoing access to your insights
Speaking/Training: Sharing knowledge in person or virtually
Example Setup: Knowledge translators like Marie Forleo often start with a blog or YouTube channel to demonstrate their ability, then create a signature course or program, and eventually build a community.
Pricing Strategy: Tiered pricing with entry-level products under $100, mid-range programs at $500-2,000, and high-end offerings at $5,000+.
For Connection Builders
Best Models:
Coaching Programs: One-on-one or group coaching
Community Platforms: Building spaces for others to connect
Talent Matching: Helping connect people with complementary needs
Example Setup: Connection builders often start with one-on-one work to refine their process, then develop group programs, and eventually create scalable communities or networks.
Pricing Strategy: Premium pricing for one-on-one access, more accessible pricing for group work, and membership models for communities.
For Visual Creators
Best Models:
Licensing Arrangements: Allowing others to use your designs
Digital Asset Sales: Creating templates, presets, or designs
Showcase + Spinoff: Using media to showcase talent, then developing product lines
Example Setup: Visual creators like Joanna Gaines often begin with service-based work (like interior design), use media to showcase their aesthetic, then develop product lines and licensing deals.
Pricing Strategy: Project fees rather than hourly rates, licensing fees based on distribution volume, and tiered product lines at different price points.
For Systems Architects
Best Models:
Consulting + Implementation: Designing systems for specific clients
Scalable Frameworks: Creating systems others can apply themselves
Software Tools: Building applications that systematize processes
Example Setup: Systems architects often start by solving problems for individual clients, then package their frameworks, and eventually create tools or platforms that apply their systems.
Pricing Strategy: Project-based fees with performance incentives, licensing fees for frameworks, and subscription models for software.
Step 3: Choose Your Business Growth Path
Once you've matched your native genius type to potential business models, you need to decide how you want to grow. There are three main paths:
1. The High-Touch Expert
Best for: Those who enjoy direct client interaction and prefer depth over breadth
Growth Strategy:
Increase rates as demand grows
Add select team members for support roles
Create limited, elite offerings
Earning Potential: $250K - $1M+ annually with small team and overhead
2. The Scalable Creator
Best for: Those who enjoy creating systems, products, or content that can be used by many
Growth Strategy:
Create once, sell many times
Build marketing systems to reach larger audiences
Develop multiple complementary offerings
Earning Potential: $500K - $5M+ annually with moderate team and systems
3. The Platform Builder
Best for: Those who want to create lasting, large-scale impact
Growth Strategy:
Create systems that can operate without your daily involvement
Build a team that extends and enhances your native genius
Develop multiple business units or product lines
Earning Potential: Multi-millions with substantial team and infrastructure
Step 4: Start With the Right MVP (Minimum Viable Product)
No matter which model you choose, start with a simple version that allows you to test your approach:
For Problem Solvers
Good MVP: Create a simple prototype or beta version of your solution and test it with a small group of ideal users.
For Knowledge Translators
Good MVP: Create a short course or guide that addresses one specific problem and offer it to a small audience.
For Connection Builders
Good MVP: Host a small group program or workshop where you can showcase your connection-building abilities.
For Visual Creators
Good MVP: Create a portfolio project that fully demonstrates your aesthetic, even if you do it at cost.
For Systems Architects
Good MVP: Take on one client project where you can fully implement your system and document the results.
Step 5: Implement Your Model With These Practical Steps
First 30 Days: Validation
Create a clear one-page description of how your native genius solves a specific problem
Identify 10 potential clients/customers who have this problem
Have conversations to validate your solution approach
Create your MVP based on feedback
Days 31-90: First Offer
Deliver your MVP to 3-5 ideal clients/customers
Collect testimonials and case studies
Refine your offering based on results
Create simple marketing materials
Days 91-180: Optimization
Analyze what worked and what didn't
Adjust your pricing and packaging
Create systems to deliver more efficiently
Begin developing complementary offerings
Days 181-365: Scale
Implement marketing to reach a broader audience
Add team members in key leverage points
Create additional revenue streams
Build systems to reduce your personal involvement in delivery
Common Pitfalls to Avoid
The Expert Trap
Pitfall: Believing you need more credentials, training, or certifications before starting
Solution: Start applying your native genius immediately while learning in public
The Complexity Trap
Pitfall: Creating an overly complicated business model from the beginning
Solution: Start with one offer, one customer type, and one marketing channel
The Pricing Trap
Pitfall: Underpricing because you don't value your native genius
Solution: Price based on the value you create, not the time you spend
The Perfection Trap
Pitfall: Waiting until everything is perfect before launching
Solution: Launch at 80% ready and improve based on real feedback
Real-Life Examples of Business Model Evolution
Marie Forleo (Knowledge Translator)
Started: Offering one-on-one coaching
Evolved to: Small group programs
Then: Created B-School, her signature online course
Finally: Built a multi-faceted business with multiple programs, books, and media
Sara Blakely (Problem Solver)
Started: Creating a single product (footless pantyhose)
Evolved to: Expanded product line
Then: Multiple distribution channels
Finally: Complete shapewear brand with global reach
Your Action Plan: Next Steps
This Week: Identify your specific native genius type from the five listed above
Next Week: List the top three problems your native genius naturally solves
Within 30 Days: Choose one business model from the options for your genius type
Within 60 Days: Create and launch your MVP to at least five ideal clients
Within 90 Days: Review results and refine your offer
Remember, the path to wealth through your native genius isn't about finding the "perfect" business model right away. It's about starting with a model that reasonably fits your natural talents, testing it in the real world, and evolving as you go.
In my next post, I'll cover how to market your native genius in an authentic way that attracts ideal clients without feeling pushy or salesy. Until then, focus on matching your natural talents to a business model that will allow them to create maximum value with minimum friction.
Your native genius is your greatest financial asset. It's time to give it the business model it deserves.
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