FailTell primarily operates through a service-based model, offering career mentoring, life coaching, therapy, and counseling services. Career Mentoring is highlighted as their most utilized service, demonstrating a clear focus on personalized, one-on-one guidance and support. These services are facilitated by a network of domain-specific mentors and counselors across a wide range of industries. This approach ensures tailored support to meet individual client needs, allowing FailTell to monetize through session fees. The business model leverages personal interaction, a method conducive to building trust and yielding high perceived value, especially in areas like career advice and emotional support.

FailTell has future plans to enhance monetization through B2B partnerships with educational institutions and corporate entities, offering inclusive packages for bulk services. These packages may include a subscription model, providing continuous access to their suite of services, which caters to institutional needs for ongoing support in emotional and career wellness for students and employees. Such a model provides a steady revenue stream and scalability, as it aligns with institutions' goals to offer holistic development services.

FailTell also aims to generate revenue through advertising on their platform as traffic increases, particularly in their news feed that includes stories, blogs, and podcasts. This approach leverages content created through their community storytelling initiative ('Failure Prism'), along with their podcast series 'The Failosophical Guy'. By expanding their content reach, FailTell can attract advertisers interested in targeting their user base, providing an additional revenue stream that capitalizes on engagement and traffic.