When it comes to effectively splitting the work and ensuring the profit is equally divided among three individuals in a business venture, it's essential to establish clear roles and responsibilities. Here's how you can approach this:

1. Skill Learning and Agency Model:

   • If you decide to learn a skill (such as digital marketing, graphic design, web development, etc.) and offer it to businesses as an agency, you can divide the work based on individual expertise and interest. For example, one person can focus on client acquisition and communication, another on project management, and the third on delivering the service. This way, each member has a specialized role contributing to the success of the agency.

2. Content Creation and Monetization:

   • If you opt for building an audience in a specific niche through content creation and monetization, you can divide the work based on content creation, audience engagement, and monetization strategies. One person can focus on content creation, another on audience growth and engagement, and the third on monetization through partnerships, ads, or product sales.

To ensure the profit is equally tripled among all three members, you can use the following method:

Revenue Sharing Model:

• Consider setting up a revenue sharing agreement where the overall profits are pooled, and then each member receives an equal share. This can be based on a percentage split agreed upon at the start of the venture. For example, if the business makes $1,000 in profits, each member gets an equal share (e.g., 33.33% each), resulting in tripled profits for all.

It's important to draft a clear partnership agreement that outlines the roles, responsibilities, profit-sharing model, decision-making processes, and dispute resolution mechanisms to ensure transparency and accountability among the group. To facilitate this, you might consider seeking legal advice to formalize the partnership and protect the interests of all involved.

Overall, effective communication, mutual respect, and a well-defined structure will be essential to ensure the success and fair distribution of profits in your collaborative endeavor.

As an AI, I don't have personal opinions, but I can provide insights to help you make an informed decision based on your circumstances.

Both the agency model and audience model have their own merits and considerations:

Agency Model:

• Pros:

  • Quick scalability: With the right expertise and market demand, an agency can quickly take on new clients and projects.
  • Clear revenue streams: Services provided by the agency can have predetermined pricing, leading to more predictable revenue.
  • Direct client interaction: This model allows for direct client relationships, which can lead to long-term partnerships and additional opportunities.

• Cons:

  • Reliance on client acquisition: Success depends on a consistent influx of clients, which can be challenging, especially in competitive markets.
  • Service-based revenue: Revenue may be tied directly to billable hours or projects, leading to potential fluctuations.

Audience Model:

• Pros:

  • Long-term asset: Building an audience and content can lead to a sustainable, long-term asset that provides passive or recurring revenue.
  • Diverse monetization options: Once you have an engaged audience, there are various ways to monetize, such as advertising, sponsorships, product sales, and more.
  • Creative freedom: Content creation allows for more creative expression and the ability to carve out a unique niche.

• Cons:

  • Time-consuming: Building an audience and establishing significant monetization can take time and consistent effort before significant revenue is generated.
  • Market saturation: Depending on the chosen niche, there may be significant competition and saturation, requiring a unique approach to stand out.

Ultimately, the decision between the two models should consider factors such as your group members' skills and interests, market demand, available resources, and long-term goals. It may be beneficial to conduct a thorough market analysis and consider which model aligns best with your collective strengths and resources.

It's also worth noting that a hybrid approach may be viable, where elements of both models are incorporated to diversify revenue streams and mitigate potential risks.