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Is it profitable? If you're not making enough perhaps you could sell it to someone in a lower income country or to someone with a lower income expectance? Still
by tinco 12y ago
Is it profitable? If you're not making enough perhaps you could sell it to someone in a lower income country or to someone with a lower income expectance? Still working on it for 12 months seems like a really long time.
- Loic 12y agoSometimes, you are profitable but you know this is not the way to continue. You also know that it is better to stop than to let someone continue without the same level of commitment to the product/service. I closed a service once, it was profitable, but it was better to close. It took me 18 months to close it, ensuring the existing customers could migrate smoothly somewhere else. Lim is respecting his customers, giving them time. He is getting all my respect for that.
- bearwithclaws 12y agoThanks. Exactly how I felt about closing it and not selling to someone else.
- bearwithclaws 12y agoIt is profitable. FYI, I'm living in a lower income country (Malaysia), and I would say my living expenses are pretty low. Money wasn't the issue. It's hard to explain but I just felt the time is right to start scaling it down and eventually shut it down.
- turingbook 12y agoCan you share more details about your experience? I think HM is a very good case study of technology publishing industry.