Optimize for Growth Rather than Revenue
If you optimize your business model for revenue, you’ll likely experience limited growth. If you optimize for growth up-front (little revenue), the overall potential for revenue is greater due to a larger audience. Jeff Jarvis does a great job summarizing what Tom Evslin has to say about this concept, which definitely holds true for both ad and social networks. It turns out this holds true for any business where the network effect applies.
Posted in entrepreneurial |