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Earn a profit and focus upon revenue and creating a real sustainable business as early in the process as you can. Anything else and you are gong to bleed or n
by storagemonster 14y ago
Earn a profit and focus upon revenue and creating a real sustainable business as early in the process as you can. Anything else and you are gong to bleed or not have enough time to develop your product and idea. I call this limited goals and you need it to survive. You have to have the discipline and intestinal fortitude to hit your revenue targets each and every month. Bills don't magically pay themselves, and as you watch your account dwindle you can estimate how long before you hit zero.
We've been doing this for 10 years and growing like gangbuseters.
- avenger123 14y agoHow long did it take to settle on a business model that you felt had some legs? Did you go through a few iterations before finding one that worked? I am in the process of spending the next few months trying to build a niche software product that can turn into a full time business. I don't have an exact idea yet but I'm thinking of using the methodology defined by Steve Blank to find a real niche market. Would love to know your approach. I'm assuming you have done something related to software.