It’s good to remember that free isn’t a viable model. Some startups figure they’ll get the users on board first, and decide how to monetize the platform later. Sometimes the idea is that users will ultimately pay for enhanced features. These things are not business models. You need to know before you start how you’re going to make money and where the money is coming from.
446
381 reads
CURATED FROM
IDEAS CURATED BY
There’s nothing magic about being a successful entrepreneur. It’s a learned skill, and in Disciplined Entrepreneurship, the author details 24 steps to a successful startup.
“
The idea is part of this collection:
Learn more about entrepreneurship with this collection
How to balance flexibility and structure in a hybrid team environment
Understanding the challenges of managing a hybrid team
How to maintain team cohesion
Related collections
Similar ideas to Design a Business Model
It's important to have an idea of what your product will look like down the road.
Early stages of product design are when you should take stock of the features that didn't make it into your minimum viable product and store them away for later.
You should decide at the...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates