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> Further, for an item to be produced at scale and over time in the market, the profit must exceed the costs. I think you meant to say revenue? > Now, if you
by krisoft 3y ago
> Further, for an item to be produced at scale and over time in the market, the profit must exceed the costs.
I think you meant to say revenue?
> Now, if you are able to see the value in something despite not having a firm monetization strategy, that just puts you in the same mental frame as the greatest entrepreneurs in the world.
It is also the same mental frame every starving artist shares too. They are able to see the value in what they do despite not having a firm monetization strategy.
- Geisterde 3y ago>I think you meant to say revenue? Yes, thanks. >It is also the same mental frame every starving artist shares too. They are able to see the value in what they do despite not having a firm monetization strategy. If you read the next sentence you can see I was gently incepting that along with the idea that successful people see value before they see the price they can attach to it. To even waste your time performing the economic calculation to determine the numbers you must first be motivated by something, there is a period of time however short between the idea and its technical analysis, the value you see and its monetization. Hey, that doesnt mean monetization isnt important, but it can be forestalled for important reasons like exploring the field or gaining experience, just as much as unimportant reasons, those, being subjective to the one paying the bills.