This blog is for wannabes who are totally non-savvy when it comes to business. At the back of our head, we know that business requires a lot of work. But we want to try anyway. So I made the advice short and sweet and easy to understand. Most of the early info are picked from the magazine Entrepreneur and Inc., so I highly recommend that you pick up a copy of Entrepreneur or Inc. magazine, and start reading. And I'm not being paid to say that.
Friday, April 25, 2014
B2B: The Easier and Faster Way to Make a Profit
The success of B2B start-ups demonstrates that it's easier to make a profit helping businesses as compared to consumer tech start-ups that rely on millions of users to make a fortune. The article from Inc. magazine's October 2013 issue helps you visualize this success phenomenon by citing companies, such as Synapp.io, which is a B2B company that has become profitable with only 6 employees and 1,000 paying customers. Likewise, Firefly co-founder Dan Schipper states that in some cases, you only need to sign up 10 or 100 companies to make your business viable. Read full article on p.24 of Inc. magazine, 2013.
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