[ Business Models ]

I’m involved in standards development with Standards Australia, and I love just about every aspect of it.  The camaraderie, support, networking and exposure to brilliance is remarkable.

One thing that often comes up is the business model of Standards:  volunteers contribute to the content (millions of hours and other expenses), and then Standards are sold at a seemingly high price considering how they’ve been made.

One concept to consider is how the social media enterprises (FB, IG, TikTok, LI) have been so successful making billions of dollars *using content created by volunteers*.  I wonder if there’s something to integrate there.