You need more than just advertising , marketing or outstanding fundraising skills to create a profitable and lasting business. Ultimately it all comes down to one basic principle: you must have a product that solves a pressing problem, and then you must have the right amount of consumers willing to make the math function.
Today's infographic comes to us from Point Nine Capital, highlighting five basic revenue models that startups can use to attain an annual revenue of $100 million. The take home message here is that a team must execute a strategic plan to develop a long-term company that takes into account several variables like product-market match, customer retention, pricing and per-user sales.
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infographic by: www.visualcapitalist.com