The first earnings – Day 82/139

Today, May 2nd 2010 at 17:28 we got the first paying customer in FinderBase.com.

This is remarkable!

The first earnings is a critical point in any business model. Making a dollar of earnings is obviously quite far from the expenses that have been needed to make our service. But we have hope.

There are only two things that are truly important from the business perspective.

  1. Viable business model. Viability meaning that someone actually pays for it.
  2. Scalable business model. Scalability meaning that there are more than one someone who might pay for it.

At this point we can quite safely assume that the first step is completed. Doing the second step is the reason our company exists.

But this is not the whole story.

I will argue that the reason of us getting a customer is not our business model. It is our passion and dedication to do things well and help people. The business model is always just a result, never the cause.

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2 responses to “The first earnings – Day 82/139

  1. Huh, finally all the pages read and I can start following in real time.

    Good thinking (and job) Petteri. Already learned a lot, so thanks for that. I think you are on the right track when considering the methods and ethics of leadership and entrepreneurship so keep it going. Like your style.

  2. Thanks for the encouraging feedback Tipi! You are the first one who admits reading through the whole blog. 🙂

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