Remove Advertising Remove Business Plan Remove Revenue Remove Widget
article thumbnail

Every Online User Platform Needs Revenue To Survive

Startup Professionals Musings

You might sell one of two of your widgets for $1 million each, entering profitability immediately, but then die because you can’t grow sales at that price. MySpace, for example, boomed after launch for five years without a revenue model. When their deep pockets went empty, Facebook stepped in, but demanded revenue from ads.

Revenue 297
article thumbnail

How To Set A Balance Of User Growth Vs Profitability

Startup Professionals Musings

You might sell one of two of your widgets for $1 million each, entering profitability immediately, but then die because you can’t grow sales at that price. MySpace, for example, launched in 2003 and boomed for five years without a revenue model. When their deep pockets went empty, Facebook stepped in, but demanded revenue from ads.

Widget 185
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Growth Without Profits Isn’t A Sustainable Business

Startup Professionals Musings

You might sell one of two of your widgets for $1 million each, entering profitability immediately, but then die because you can’t grow sales at that price. Myspace, for example, launched in 2003 and boomed for five years without a revenue model. When their deep pockets went empty, Google stepped in, but demanded revenue from ads.

Widget 242
article thumbnail

4 Ways To Make Profits Part Of Your Growth Strategy

Startup Professionals Musings

You might sell one of two of your widgets for $1 million each, entering profitability immediately, but then die because you can’t grow sales at that price. MySpace, for example, launched in 2003 and boomed for five years without a revenue model. When their deep pockets went empty, Facebook stepped in, but demanded revenue from ads.

Widget 137
article thumbnail

Driving Your Startup to Profitability is Job One

Startup Professionals Musings

You might sell one of two of your widgets for $1M each, entering profitability immediately, but then die because you can’t grow sales at that price. Twitter, for example, doesn’t have a real revenue model today, and they are growing, but I’m not sure who can ever sell 140 character tweets.

Startup 243
article thumbnail

Which Comes First, Focus on Profit or Growth?

Startup Professionals Musings

You might sell one of two of your widgets for $1M each, entering profitability immediately, but then die because you can’t grow sales at that price. Twitter, for example, has no revenue model today, and they are growing, but I’m not sure who can ever sell 140 character tweets. Build a business plan for profitability in your lifetime.

Widget 227
article thumbnail

Becoming Your Own Boss: A Bplans Guide

Up and Running

Focus on making sure you have enough saved to cover your personal expenses for six months to a year, and perhaps estimate what expenses you’ll incur on the business end (such as website design, business cards, hiring an accountant, and so on—we’ll get into these topics in more detail later on). For a business plan event.