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Your startup is profitable?
You can often hear that most startups bring only losses. Let's find out how many profitable startups there are in Product Hunt.
Share your story!
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@relja_denic My company needs people can work on our logo design
Interested in person should Dm me immediately.
πππππππ
https://t.me/janemorgan125
We will be expecting your message
Great conversation @iren_ivashchinenko
I have two businessses - a service / consulting business that was vastly profitable on day 1 and a tech startup (saas) which isn't profitable after 2.5 years
Would be good to hear from people naunces about the type of businesses and time to profitability
@kayovin1 You have a great experience! What affected your second business and led it to losses?
@iren_ivashchinenko hello Iren, itβs very normal for tech businesses to be unprofitable for long periods
Not yet, but our main goal was to create a safe app for our toddler and all kids that will inspire a love of poetry and reading. Hope we will accomplish this goal. But we have earned our first 7.99$ and I am very proud of itπ
I didn't expect it either, but I got more than 40 customers from the pre-sale with only landing page. The product already pays for itself.
@hadzhaoglu wwow interesting. What's your product? and can you share the landing page? Thanks in advance!
@vinnie_tran MindGenie (https://mindgenie.co) is an AI powered task and meeting scheduling tool. If your task does not have a specific time, it estimates its duration and places it in the spaces in your calendar in order of importance and deadline.
I think we should mention 2 things separately: the Product and the Company.
The Short Answer: Company - YES, Product - NOT YET.
Please find the verbose answer below:
1. The Company - YES
Many startups focus on building a profitable business from the get-go, and so does my company. It's this financial stability that often allows them to explore new product ideas. Achieving a profitable company status usually involves overcoming numerous challenges, from funding to market fit.
2. The Product - NOT YET
While a product can be incredibly successful in terms of user adoption, achieving profitability is a different journey. The real key to profitability is a sustainable business model, and that's not always in place for every successful product.
In today's competitive landscape, it can take some time for a product to become profitable, especially if it lacks substantial R&D backing.
In the case of our product Klever Suite, it looks like a standalone Product Management SaaS at first, but we offer B2B ERP integration services on top of it, so it takes some time for us to build traction for both pure SaaS and tailor-made ERP integration services at one-stop.
Hope this helps!
We haven't launched yet on product hunt but made the website live. Got couple of calls scheduled. Hope to start making some profit soon. We provide AI services to non-technical founders at a flat price.
We're not profitable yet, but we're excited about our growth potential This answer focuses on the future and shows that the startup is optimistic about its chances of success.
HOPE