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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
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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. Build a business plan for profitability in your lifetime.

Widget 185
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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. Build a business plan for profitability in your lifetime.

Widget 242
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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. Build a business plan for profitability in your lifetime.

Widget 137
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Lean Analytics: The Best Numbers for Non-Tech Companies

Startup Lessons Learned

In the Udemy course, Alistair and Ben expand these basics into a description of how to create empathy, stickiness, virality, revenue, and scale. LSC: What''s an example of one metric, other than revenue, that you might look at for a non-tech product? We often tell founders that a business plan is nonsense. Consider a restaurant.

Analytics 167
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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. Twitter has no model.

Startup 243
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MentorMob.com Aims To Revolutionize Learning Through Crowdsourcing

YoungUpstarts

It’s undeniable how the Internet has revolutionized education , especially with the use of online video learning through sites such as Khan Academy. These playlists can even be embedded into any website through a widget, enabling any site to share relevant material to enhance existing content.

Illinois 165