Ask HN: When do you consider potential business model options?
With my business background, I naturally start my creativity process on a concept with the business model in mind. I understand that it may (and probably will) evolve, however, it is important to brainstorm. At what point in your product life cycle do you consider your business model options?
2 comments
If you care about actually making money from the very beginning (as opposed to just being bought -- which isn't likely to happen -- or just getting a tonne of users and worrying about it later), then consider your business model at the very beginning. Changes or problems with either your product or business model can significantly affect the other, so if you can focus on both from the very beginning, I can't think of many reasons why you wouldn't.
I think there is a common trend where start ups focus on product and gaining users while then thinking business model second. What are your thoughts on 'Freemium' as a business model? http://bit.ly/eMxey0
This book http://www.businessmodelgeneration.com/ is an invaluable resource for entrepreneurs. I am constantly working on my business model canvas because it provides great insight and a clear overview of your start up.