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What's your business model? That's the most important question. If you don't want to talk about it it's okay but there is no point in discussing about a startu
by mikkom 18y ago
What's your business model?
That's the most important question. If you don't want to talk about it it's okay but there is no point in discussing about a startup without knowing the business model. If we do, we are talking about something else than the startup.
- PStamatiou 18y agoThe core of our business model is freemium. We have a set of pro features lined up that we have determined users would find value in paying for. We also have two complementary items to support it, which I cannot talk about at this time.
- mikkom 18y agoHave you done market research? The most important question will be: "How much individual blogger (in average) would pay for the premium product" If you want to learn from other peoples experience and mistakes (which is always a good idea) good questions are "Who are my core competitors and what is their business model", "Who have done something similar in other sectors (by other sector I mean for example news reporting in other media) and what was their business model and profit margin (and why you are different or similar)" and "Who have tried the same thing and failed and why they failed"? That's just some food for thought :-D