1.They don't think strategically long term 2.They don't understand that their true assets are their people and are afraid of excellence instead of promoting it 3.Their leadership lacks development
Typically open-source projects that end up generating a profit have an active product that's already being used. So step 1. Is to open source it and see if anyone uses it - then you can make money in a bunch of ways. Checkout Wordpress, MySQL, Linux for examples - but typically it's providing p...
Sounds wonderful. Well done. In order to find commercial viability (or a business model), it would be best to try answer the following question: which 'pain' / problem does your solution solve for people (or can solve for them with certain changes). For example: if there is a known problem/pain ...
The business model should (in most cases) adapt to your product. No the other way around. I wrote two examples of how companies should adapt their monetization strategy to what their customers actually want the product to do, and not the other way around. You can read them here: https://medium.c...
I'm glad you described your market a bit. I have not seen a retainer model work in this space, but that's not saying you can't succeed with it. YOU are the expert, so I would not leave it to clients to choose what they want. If you do, you'll get clients who say, "Yeah, I hired them to make me ...
Hi, Your problem is one of corporate structure. You need to create an organization chart and define the different roles that exist in the business. You then need to fill in your names to each box. The different roles may have salaries or commissions attached, likewise, each partner is likely...
You don't create a business plan in the traditional sense of a business plan. It's a totally inefficient and outdated way to think about how to start, run and grow an app-based business. The best way to pitch investors is with the app itself. That is to say, unless you and your team have relev...
A good question. The fact that you don't have revenue yet may be result of a number of factors. Without knowing more specific information about your product, key customer segments, your team, and other key data, it's not possible to give you a definite continue/or shut down recommendation. ...
Hello, I would suggest to make a clear difference between your - skill set and - market differentiation. I think, the answer highly depends on your current situation. What's your current level in photography in terms of photography and relevant business skills? Do you already have first client...