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SU 015
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A design for the successful operation of a business, identifying revenue sources, customer base, products, and details of financing.
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Consumers weighted price and theoretical product lifetime label as nearly equal factors when deciding whether or not to purchase an item.
The Most Important Feature Amazon is Not Launching
medium.com
Business Model
User Feedback
FAQs
highlighted by
Kevin Hon Chi Hang
Founder of Alphabag
There's a gap between thinking and doing. The gap grows through fears about building the wrong thing or not knowing how to start. It manifests through excessive research, questions to colleagues, and theories and predictions about how something should be built.
Build as much as you can
8thlight.com
What, How, Why
Business Model
Long Term Roadmap
highlighted by
Aki Yu
Developer
This is a double-entry accounting primer for software developers who write code to track money. It distills the essence of accounting in an effort to help developers bridge the vocabulary and conceptual divide that exists between engineering and finance.
Accounting for Developers 101
docs.google.com
Education Content
Business Model
Long Term Roadmap
highlighted by
Benson Shen
Copywriter
The best media companies generate revenue from many sources, tapping a combination of advertising, subscriptions, studio development, brand licensing, and merchandising.
9 Boxes
buzzfeed.com
Business Model
Pricing Strategy
Advertisement
highlighted by
Kevin Hon Chi Hang
Founder of Alphabag
The fact of the matter is that closed systems are useful in certain circumstances. One key one is mainstream appeal.
Facebook, The App Store, And The Sound Of Inevitability
techcrunch.com
Long Term Roadmap
Business Model
Pricing Strategy
highlighted by
Aki Yu
Developer
I’d encourage more founders to give themselves the same challenge to focus their time, team and resources on getting to profitability before firing up powerpoint and hitting the road for a raise. You may surprise yourselves with how attainable that goal can be, and how empowering that independence can feel.
Before You Pitch Your Next Round, Try This Instead
shift.newco.co
Budget
Timeline
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highlighted by
Aki Yu
Developer
In-between such big point-releases, sales will often drop to a non-sustainable level. So it’s not that we’re getting rich during the development period, and even richer after each update. No. We’re actually losing money during development.
Why we’re switching Ulysses to Subscription
medium.com
Business Model
Budget
Pricing Page
highlighted by
Aki Yu
Developer
The reason for this high failure rate is most founders underestimate the intricacies and nuances of the specific service industries they are trying to uberize. Where the service type lies on the skill vs. on-demand scale (visual included herein) must determine the founder’s product roadmap in order to maximize value for both consumers and pros.
Read This Before You Build Uber for X
blog.ycombinator.com
Business Model
Retention
Conversion Rate
highlighted by
Kevin Hon Chi Hang
Founder of Alphabag
Patreon is still too new and too small to judge its total impact, its long-term prospects, or who it might end up appealing to. Because donations are recurring, it’s somewhat easier to project earnings for Patreon than for one-off crowdfunding sites, which has made it a safer bet for some investors.
Inside Patreon, the economic engine of internet culture
theverge.com
Brand Story
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highlighted by
Aki Yu
Developer
“Consumers always love it when they can get a great deal, and dynamic pricing isn’t just about raising prices – it often leads to lowering them,” says Loewen. “In general, we have found that when prices are transparent to consumers and they understand the ‘rules of the game’, they adapt to dynamic pricing fairly seamlessly and even embrace it.”
How much …? The rise of dynamic and personalised pricing
theguardian.com
Personalisation
Pricing Strategy
Business Model
highlighted by
Kevin Hon Chi Hang
Founder of Alphabag
Arc Publishing’s early success with external customers may give the Washington Post reason for optimism, but the effort is itself a beneficiary of the upbeat, can-do spirit which the company’s management has successfully cultivated in the age of Bezos.
The Washington Post Is A Software Company Now
fastcompany.com
Business Model
Long Term Roadmap
What, How, Why
highlighted by
Aki Yu
Developer
While Twilio is the focus of this essay, this essay is not just about Twilio. It could be about about ANY potentially disruptive company with brilliant founders, venture-scale ambitions, great products, a top-notch team, and traction to die for. It could be about you.
Twilio's $53.5 Billion Opportunity And Why It's At Risk
exponents.co
Brand Positioning
Business Model
Long Term Roadmap
highlighted by
Aki Yu
Developer
If you are going to put the reader at the heart of everything, you need to have a common data set and a common understanding of reader journey to know what parts of the site can be optimised to deliver reader relationships [and] reader revenue. You can't do that in silos.
How the Guardian found 800,000 paying readers
thedrum.com
Business Model
User Journey
Tracking & Analytics
highlighted by
Benson Shen
Copywriter
Perhaps one of the lessons is, some media companies aren’t meant to become huge in the first place.
‘Jack-of-all-trades, master of none’: Why Mashable flamed out
digiday.com
Long Term Roadmap
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Budget
highlighted by
Aki Yu
Developer
Taking external money comes with the pressure of delivering the right metrics (in the eyes of the investors). In most cases, it’s about the number of users. If we were raising money, we would have to get as many users as we can, as fast as we can.
Our Thoughts On (Not) Raising Money
blog.bubble.is
Business Model
Long Term Roadmap
What, How, Why
highlighted by
Aki Yu
Developer
I can't say bootstrapping works for every business and startup, but if you can afford it for the first year or two I think it's a fantastic way to build something real, learn how to make money early, and start scaling. With the cost of technology going down, bootstrapping becomes easier and easier.
Everyone wants to code, but not everyone knows how. Read how two co-founders built and grew a solution to this problem which now generates $100,000/mo.
indiehackers.com
Business Model
Brand Story
What, How, Why
highlighted by
Aki Yu
Developer
Related Knowledge
SU 006
What, How, Why
It provides context to your team, continuity through your business, and a future focus all at the same time.
SU 007
Long Term Roadmap
Stuff don't hatch fully grown. They are more like gardens that take tending over time. A 3-year roadmap will keep you on track.
BX 007
Brand Mission
To clarify the 'what' and 'who' of your brand.
DM 017
Pricing Strategy
Consider marketing objectives, consumer demand, product attributes, competitors' pricing, and market trends.
WD 026
Legal Pages
Make sure to include Terms of Use, Privacy Policy and other types of legal statements to protect your services.
RA 024
Tracking & Analytics
Monitor how your product goes, and how to optimize it.