Founders, at this stage of your product, what's your priority: Growth or Profitability?
Mayank K Sahu
8 replies
Replies
Julia Engelsmann@julia_engelsmann
Depends on the stage. But profitability is becoming increasingly relevant.
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In our case: Growth.
With large user base we can easily find out where our platform is weak and improve it. So in another cycle of feedback we can measure if we got to the point where we can charge some money.
Phot.ai
@nemanja_nikolic Great strategy! Keep focusing on growth to gather valuable feedback for improvement. When the time is right, monetisation will follow naturally.. waiting for your launch!
Both growth and profitability
In our case growth. The network effect helps a lot for our product.
As a tech enthusiast deeply involved in startup life, I believe that finding the right balance between growth and profitability is crucial for long-term success. It's like trying to find the sweet spot between innovation and sustainability in a rapidly evolving market. Keep pushing boundaries while keeping an eye on the bottom line!