Founders, at this stage of your product, what's your priority: Growth or Profitability?

Question

Nemanja Nikolic · Accepted Answer

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.

Darcy Andrews · Answer

Both growth and profitability

Answer

growth and profitability both!

Bob WIlsey · Answer

growth

Julia Engelsmann · Answer

Depends on the stage. But profitability is becoming increasingly relevant.

Charles Calapini · Answer

In our case growth. The network effect helps a lot for our product.

Nemanja Nikolic · Answer

@mayankkr Thank you man :)

Mayank K Sahu · Answer

@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!

Mayank K Sahu · Answer

@julia_engelsmann Understanding where the product stands is crucial. It's cool that profitability is on your radar now. A lot of startups nowadays are witnessing a major shift from just chasing revenue to achieving real profitability...

Michael Shver · Answer

Right now it's growth. We are just releasing our app, so it's really important to grow a user base!

Gurkaran Singh · Answer

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!

Amri · Answer

At this stage, our priority is Growth. It's essential to expand our user base and enhance product offerings to establish a strong market presence and lay the foundation for future profitability.

Founders, at this stage of your product, what's your priority: Growth or Profitability?

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