Glenn V

I had a friend who is going to launch a new app, and getting started with a subscription-based business model was a no brainer to him. He told me about the benefits of monthly recurring revenue, the ability to continuously add value for the end-user, etc. All fair points, but it seems that he is just following a trend without considering the other options. He doesn t launch a stock photo site where every month 100 images are added to the webpage or aren t planning to launch a bunch of new features in the upcoming months. So why he wants to force his product into a subscription model? Honestly, I get annoyed by all these regularly paying services which are draining my credit card every month. Unfortunately, I couldn t convince him to change his mind, and he will launch his Saas product within a few months. But I start talking to other people about it. What I noticed are the following preferences: If I was buying a product I would prefer a one-time fee. If I was selling a product I would prefer recurring revenue. This dilemma keep brewing in my mind, and I begin to wonder about something: What if we partner up every week with a new maker and convince Her/Him to offer their SaaS product as an exclusive lifetime license deal. The deal is limited (one week) so it isn t a replacement for your SaaS model, but more a temporary sales peak that will bring in some hard cash. For the buyer, we offer a unique opportunity to get qualitative applications at a fair/flat fee. For the maker, we will be faster at the break-even point and can use the fresh cash to invest in new features or products. I m getting excited about this idea, and I m turning it into a new project. I am wondering what you guys are thinking about it. Are you waiting for this your whole life, or is it all cold to you? Roast me plz!

Hi, I'm currently shifting to a full time WFH thing. Have you guys tried out working from cafes as a full-time basis? P.s- I'm also looking this as an opportunity to test a platform where freelancers can get monthly packages from different cafes (can create a win-win for both parties...something like AirBnB for co-working.) Thanks, looking for your views.

I founded my own business this year, and I love every second of it. However, it was by far the busiest period of my entire life. Last months felt like I just had "jump off the cliff and build my wings on the way down". New challenges were popping up every day, and I spent all my time just reacting to them. Until 3 weeks ago! I went to a bar to meet up with a good friend of mine. Our conversation about how we were doing in life turned a bit philosophic after a few drinks. She started asking some more profound questions about: "if I was moving in the right direction with my business?", "Are my current clients similar to the ideal customers I defined in my business plan?" "Am I working in line with the purpose I pitched her at the beginning of this year?", etc. For a moment I was shocked! I realized that these were quite essential questions to ask yourself every now and then, but the truth was I hadn't thought about them since I started on my own. As a result, I decided to create habits in my daily schedule for self-reflection. AND WOW! I think this is the best business decision I have made so far! I kept improving this practice, because of the positive impact it had on me, my business, and everyone around me. I started building small tools to help me stick to these rituals (DM me if you want to learn more about this). Now I was wondering how you guys were dealing with this. Who of you makes time for self-reflection? How frequently? Do you write them down, or are you just thinking about them? Really curious to hear your stories, and maybe we can inspire each other!