Startups are typically born out of big, innovative, bright ideas. However, even the most luminous idea will quickly fade and die out, if you fail to execute it properly. That’s why, at the core of every successful startup, there needs to be a sound, profitable business model.
The idea itself is just the first step in the business building process. Sure, you need to offer the marketplace something cool, new, and unique to garner the attention of your target audience.
But, that alone isn’t close to enough. You must also build a solid framework which will enable you to turn your idea into a profitable and sustainable business.
So, the logical question now is…