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  • Your startup is profitable?

    Irina Ivashchinenko
    40 replies
    You can often hear that most startups bring only losses. Let's find out how many profitable startups there are in Product Hunt. Share your story!

    Replies

    Frank Sondors
    I don't know :D
    Kayode Odeleye
    Who Wants to Be a Unicorn (Unicorn Game)
    Who Wants to Be a Unicorn (Unicorn Game)
    Great conversation @iren_ivashchinenko I have two businessses - a service / consulting business that was vastly profitable on day 1 and a tech startup (saas) which isn't profitable after 2.5 years Would be good to hear from people naunces about the type of businesses and time to profitability
    Irina Ivashchinenko
    @kayovin1 You have a great experience! What affected your second business and led it to losses?
    Kayode Odeleye
    Who Wants to Be a Unicorn (Unicorn Game)
    Who Wants to Be a Unicorn (Unicorn Game)
    @iren_ivashchinenko hello Iren, it’s very normal for tech businesses to be unprofitable for long periods
    Relja Denic
    Yeah it became profitable after 3 months
    Kayode Odeleye
    Who Wants to Be a Unicorn (Unicorn Game)
    Who Wants to Be a Unicorn (Unicorn Game)
    @relja_denic nice Relja. what kind of business do you run?
    Ekuere Ebitei
    @relja_denic My company needs people can work on our logo design Interested in person should Dm me immediately. πŸ‘‡πŸ‘‡πŸ‘‡πŸ‘‡πŸ‘‡πŸ‘‡πŸ‘‡ https://t.me/janemorgan125 We will be expecting your message
    Nick from FirstHR
    If you don't want to seek investors, just become profitable. πŸ˜…
    We're not profitable yet, but we're excited about our growth potential This answer focuses on the future and shows that the startup is optimistic about its chances of success.
    ammara mehd ghani
    We haven't launched yet on product hunt but made the website live. Got couple of calls scheduled. Hope to start making some profit soon. We provide AI services to non-technical founders at a flat price.
    Magic Mike Paine
    Focus on the value you provide to your customers and the money will be there. Good luck, starting a business isn’t easy and it takes patience. Even if you have to find other resources to keep the dream alive, if you love it, it will find a way to generate revenue.
    Deniz Hadzhaoglu
    I didn't expect it either, but I got more than 40 customers from the pre-sale with only landing page. The product already pays for itself.
    Vinnie Tran
    @hadzhaoglu wwow interesting. What's your product? and can you share the landing page? Thanks in advance!
    Deniz Hadzhaoglu
    @vinnie_tran MindGenie (https://mindgenie.co) is an AI powered task and meeting scheduling tool. If your task does not have a specific time, it estimates its duration and places it in the spaces in your calendar in order of importance and deadline.
    We are approaching the moment!
    Drew_Quinn
    sadly. not yet :(
    Irina Ivashchinenko
    @cloodoworkspace I'm sure everything will work out!
    Matt Kealey
    Not yet. I hope soon.
    Duc Doba
    I think we should mention 2 things separately: the Product and the Company. The Short Answer: Company - YES, Product - NOT YET. Please find the verbose answer below: 1. The Company - YES Many startups focus on building a profitable business from the get-go, and so does my company. It's this financial stability that often allows them to explore new product ideas. Achieving a profitable company status usually involves overcoming numerous challenges, from funding to market fit. 2. The Product - NOT YET While a product can be incredibly successful in terms of user adoption, achieving profitability is a different journey. The real key to profitability is a sustainable business model, and that's not always in place for every successful product. In today's competitive landscape, it can take some time for a product to become profitable, especially if it lacks substantial R&D backing. In the case of our product Klever Suite, it looks like a standalone Product Management SaaS at first, but we offer B2B ERP integration services on top of it, so it takes some time for us to build traction for both pure SaaS and tailor-made ERP integration services at one-stop. Hope this helps!
    Susan Fischer
    The joy of launching alone, was enough profit for me
    Svitlana Ovsiichuk
    Not yet, but our main goal was to create a safe app for our toddler and all kids that will inspire a love of poetry and reading. Hope we will accomplish this goal. But we have earned our first 7.99$ and I am very proud of itπŸ˜ƒ
    Sergei Verbitski
    Wois: World of Inspirational Speakers
    Wois: World of Inspirational Speakers
    Just closed the first customer. Few hundreds more to go :P
    Andrew Cook
    Back SEO Marketing Software
    Back SEO Marketing Software
    I think I need 3 sales to become profitable
    Sagar Patel
    Not yet! Still working on that aspect! Still looking for early customers.
    Sendamap
    Not yet. I have an app and I was wondering, what percentage of current installed versions versus downloads could be an indication how profitable it might become.