A business is a repeatable process that makes money. Everything else is a hobby. —Paul Freet, Commercialisation Expert This is a neat way of summarising the definition of a business. But is it true? Does making money actually matter? If a product has no monetization mechanisms built into it, it’s usually (but not always) 1 of 3 things:
Product Monetization Strategies💰
Product Monetization Strategies💰
Product Monetization Strategies💰
A business is a repeatable process that makes money. Everything else is a hobby. —Paul Freet, Commercialisation Expert This is a neat way of summarising the definition of a business. But is it true? Does making money actually matter? If a product has no monetization mechanisms built into it, it’s usually (but not always) 1 of 3 things: