Your startup is profitable?

Iren from FirstHR
39 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

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
Iren from FirstHR
@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.
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.
Vinnie Tran
@hadzhaoglu wwow interesting. What's your product? and can you share the landing page? Thanks in advance!
Deniz Hadzhaoglu
Thank you @iren_ivashchinenko ! Good luck to you for the launch of FirstHR.
We are approaching the moment!
Drew_Quinn
sadly. not yet :(
Iren from FirstHR
@cloodoworkspace I'm sure everything will work out!
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.