Choosing your business model revenue stream

Staying true to your own business path

One thing I’ve been reflecting on is what I’m learning from people going from 1 - 10 (past traction but still refining customer base, channels, pricing, etc) and how much they focus on making their customers happy and being of value to their network.

I always visualise this product lifecycle when I think about the trajectory of products/services in markets

Look at Meta, as big as they are they have cannibalised their positioning and strategy seem’s off. Apple’s betting early on Vision glasses and even though I don’t know if it will be a success or not, we can learn a lot by choosing what game we choose to play.

I take more time taking into consideration sources, how much people understand where one is, and how their business works when it comes to the advice they give.

Without any baseline whatever actions you take (and not taking any action is an action) we learn more and can work with real data.

Don’t get pulled into other people’s games, fears, and biases. Better to play your own game and keep score for yourself.

Play long games with long people - it’s more fun.

Upcoming Opportunities & Events

• Angel Investor looking for consumer & health tech startups. Link

• If you’re building an Enterprise B2B AI company or SAAS you can pitch for £250K. Link

Thoughts & News I wanted to share with you

• On top of the first mover ChatGPT technology, we’ve had more and more companies leveraging interesting use cases around AI. Otter’s new AI chatbot can

  answer questions about your meetings. Link

• As it moves to shut down third-party apps, the site’s self-governing ethos comes back to haunt it. Reddit had its own blackout moment where users protested about moderator treatment. If you’re running a community this could be interesting. Link

• Musk significantly downsized the Spaces team, reducing it to only three members. Link

• If you’re worried about whether AI will take over the world and kill us, Marc Andreeson who wrote about software eating the world wrote an interesting piece about why AI will save he world. Link

Photo Credit: @Manasseh Johnson Sr