Blog Sree Vijaykumar | From the Editor's Desk I was having the 'product vs service startup' discussion with a colleague yesterday and how entrepreneurs should adapt their thinking based on life-stage and risk appetite. The holy grail of a product startup is the elusive 'product-market fit' after which revenues can grow exponentially like Uber or Facebook. However, the probability of achieving this fit is really really low, even in niche B2B areas (think of all the expense solutions and marketing automation products out there). Some of us entrepreneurs in our late thirties may not be able to afford jumping from one failed product to another. We need to grow revenues with predictability, which is what a service business allows you to do (relatively speaking). However, productizing portions of your business internally is a great way to achieve some non-linearity in growth. It can help cut costs, while still keeping customers happy.
Advertisers of the day The Economist: Subscribe now and get a Hidesign passport wallet free Ingram Micro Cloud: Streamline your creative process and secure your digital assets with Dropbox Business
Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails (B2B Decision-Makers, B2C Decision-Makers, TradeBriefs Premium). | |
|
Entertainment
Meet and network with over 300 attendees, speakers and exhibitors at the leading & the biggest gathering of the startup ecosystem in Mumbai. Learn best practices from industry stalwarts that are directly relevant to you, get insights from innovators who are transforming the industry, hear a diverse set of speakers share the impact of demonetization, new startup business models, investor sentiments, altered tax regimes, changing consumer preferences and much more. |
Jobs: Graphic Design – Web Support | BookMyShow | Mumbai | We are India’s biggest online entertainment platform. Create graphics for the website banners.... |
Junior Accounts Executive | CeX | Mumbai | We at CeX WeBuy Entertainment Private Limited are looking for a Junior Accounts Executive. Junior Accounts Executive.... |
Account Executive - UK Payable | CeX | Mumbai | We at CeX WeBuy Entertainment Private Limited are looking for an Accounts Executive- Uk Payable. Lower Parel, Mumbai.... |
|
No comments:
Post a Comment