5 {{ upvoteCount | shortNum }}
5 {{ upvoteCount | shortNum }}

Biz model of successful start ups

by stealthstartupapp
4 replies
Hello,
Do you know how the start ups like facebook, angie's list, foursquare, google, air b'n'n, google, yelp, etc. created revenue at their starting phase? What was their business model? How did their attract their first users?
I checked the internet but was not able to find any answers.


Thank you.
#biz #business #model #start #successful #ups
  • Profile picture of the author gone with the wind
    Noooo :confused: :confused: :confused:
    {{ DiscussionBoard.errors[8225956].message }}
  • Profile picture of the author MelanieandMiles
    You should check out a book called 'The Lean Startup' by Eric Reis

    http://theleanstartup.com/
    Signature
    Free How-To Videos On Everything From Sales Funnels, Facebook PPC & More!
    https://www.YouTube.com/milesb
    {{ DiscussionBoard.errors[8226898].message }}
    • Profile picture of the author amcg
      Originally Posted by MelanieandMiles View Post

      You should check out a book called 'The Lean Startup' by Eric Reis

      http://theleanstartup.com/
      Second this. Really good writing.

      I run three Internet ventures, each with a different business model; ecommerce, subscriptions and advertising. (The three sites are MVP, Star Mobile and Human.)

      I've done this purposely, to learn but also because these are the three main business models online today. The most successful companies you'll find combine all three (eBay, LinkedIn etc). You should probably pick one and try to build sales with the aim of offering all at some stage.

      Many companies online now think advertising alone is enough which is usually a big mistake. Generating ROI on advertising alone requires scale. Likewise, ecommerce and subscriptions also require scale but are most definitely more realistic in terms of profit from starting out.
      {{ DiscussionBoard.errors[8227344].message }}
  • Profile picture of the author vijay5
    Hi!
    You can get answers for your questions at Wired.com
    Go to the website & search for the CEO name for his interview.

    I hope it would help you.

    Keep smiling.
    Signature
    Just follow
    {{ DiscussionBoard.errors[8228510].message }}

Trending Topics