Remove myspace
article thumbnail

Every Online User Platform Needs Revenue To Survive

Startup Professionals Musings

Of course, growth is implied in that equation, and is also required for maintaining a sustainable competitive advantage. MySpace, for example, boomed after launch for five years without a revenue model. MySpace wasn’t ready for this, and it soon faded. The challenge is not to undermine growth by a blind focus on profits.

Platform 118
article thumbnail

6 Mistakes Often Made By Entrepreneurs Due To Passion

Startup Professionals Musings

Just ask MySpace, eToys, and Pets.com. Of course, there are many other common reasons for startup failure, including inexperienced teams, inadequate marketing, no intellectual property, business model doesn’t work, or just giving up too early. Startups can go down many times faster than they go up.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Marketing Strategies To Drive Exponential Growth

Startup Professionals Musings

Sponsor some friendly competitive events with prizes. Elon Musk and Tesla made their battery patents available to anyone, to clear the path for market infrastructure growth and compatibility, which of course benefits Tesla. Let your highly motivated customers be your best marketing advocates for new customers.

Marketing 170
article thumbnail

6 Ways To Doom Your Startup Despite A Great Solution

Startup Professionals Musings

Just ask MySpace, eToys, and Pets.com. Of course, there are many other common reasons for startup failure, including inexperienced teams, inadequate marketing, no intellectual property, business model doesn’t work, or just giving up too early. Startups can go down many times faster than they go up.

Startup 124
article thumbnail

How To Set A Balance Of User Growth Vs Profitability

Startup Professionals Musings

Of course, growth is implied in that equation, and is also required for maintaining a sustainable competitive advantage. MySpace, for example, launched in 2003 and boomed for five years without a revenue model. MySpace wasn’t ready for this, and it soon faded.

article thumbnail

Growth Without Profits Isn’t A Sustainable Business

Startup Professionals Musings

Of course, growth is implied in that equation, and is also required for maintaining a sustainable competitive advantage. Myspace, for example, launched in 2003 and boomed for five years without a revenue model. Myspace wasn’t ready for this, and it soon crashed.

Startup 96
article thumbnail

4 Ways To Make Profits Part Of Your Growth Strategy

Startup Professionals Musings

Of course, growth is implied in that equation, and is also required for maintaining a sustainable competitive advantage. MySpace, for example, launched in 2003 and boomed for five years without a revenue model. MySpace wasn’t ready for this, and it soon faded.