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 Manage Supply Chain Planning Like a Pro

YoungUpstarts

Too many startups mistakenly believe that their “widget” comes from one source. According to one recent survey of 600 supply chain decision-makers , 41 percent have an Internet of Things (IoT) Supply Chain Planning solution in place, and another 23 percent were working on such a strategy.

Insiders

Sign Up for our Newsletter

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

article thumbnail

7 Ways to Grow Your SaaS Startup Faster

Up and Running

They think that their product is not yet ready, that it’s necessary to get traction and focus on expanding their customer base rather than on growing revenue. Building a product should imply increasing revenue. You can stay in touch with your customers through a good live chat widget , like HelpCrunch. Conclusion.

Startup 107
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
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

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? Let''s say you want to know about the burgeoning market for mobile widgets.

Analytics 167