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Neel Patel

Service or Product?

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What business would you choose? We talked about it here in detail: https://youtu.be/6130FfDWXOI?si=...

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Raymond Yeh
Always leaning towards product due to the ability to scale. But starting out with product is really hard as many people want to see successful use cases, case studies, etc. I found a done-for-you (DFY) approach a good way to solve the cold-start problem so I've been manually onboarding new users and setting up consultation work with some clients (which includes them using my product). So far I've secured 3 different clients this way through the consultation method. I know it doesn't scale but it beats having 0 clients... So I guess a mix is good at least for the start.
Neel Patel
@raymond_yeh You said it so well! We talked about it here if you want to check out : https://youtu.be/6130FfDWXOI?si=...
Bilal Asif
Product, hands down! After all, you can’t spell "productivity" without "product." 😉
Alexander Galitsky
Product-based service
Neel Patel
@ag94 can't beat that!
Marcus Logan
Always Products, at least I can convert my efforts into some infinite results, which is not the case with services.
Marcus
@pqp_social I agree with you Marcus products are always better.
Neel Patel
@pqp_social scaling is possible with it. Yes
AuroraW
I’d choose a product business. Once established, a product can reach a wide audience with minimal ongoing effort, making it easier to automate and sustain.
Neel Patel
@auroraw Hard at first but fruitful going forward.
Udaya Sri
Products
Udaya Sri
@neelptl2602 Just because :) I like to see something tangible I've created in the market.
Sharon Alessandra
I'll say service because from what I see (where the people around me are freelances) it's very flexible and the best part is where they can have more time for themselves, family, hobby, etc
Janice
Products, include standard and customized products
Jai from Worksaga
Depends on the idea you are selling either product or service; should be appealing to the end users
Neel Patel
@jai_singhal that makes sense
Daniel Burns
We like to say, 'Why not both?' 🤷😂 We're a product-based company that also offers services, including ongoing support and maintenance.
Neel Patel
@dan_burns that makes super sense haha!
Ali Haider
Service
Harshil Patel
Productised Service, anytime.
Neel Patel
@harshil_patel03 You in for lonnnggg ass term!
Mukesh Kumar
For me, a product business seems more sustainable in the long run. It allows for more passive income, which is a big draw.
Neel Patel
@mukesh_kumar_das We talked about it here - https://youtu.be/6130FfDWXOI?si=... Patience is the game for products!
Christian Onochie
I’d pick a product business. Once it’s perfected, it can practically sell itself and reach a wider audience.
Cerca Hedgecock
Honestly, it depends on the market. If there’s a strong demand for a specific service or product, that’s what I’d go for.
Bilal Asif
@cerca_hedgecock Could you share an experience if you ever had to choose between the two?
Neha
I will go with the product
Abhishek Dutta
Service and the Product.
Neel Patel
@abhishek_ux makes perfect sense :)
Steffen Schulz
Always Product, that's why I built varify.io
Toni
Products for the long run And I start with service to get some cash-flow until my SaaS 🚀🚀
A Momin
My 1st launch is a product. Super excited.