1 - Create a service others are willing to pay for. 2 - "Productize" your servic... | Hacker News

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rokhayakebe on April 24, 2011 | parent | context | favorite | on: What Should You Do with Your Crappy Little Service...

1 - Create a service others are willing to pay for.

2 - "Productize" your service, making it so any idiot can run it.

3- Instead of selling the new product, keep charging for the service fees but hire people in house to run the product.

Edit: Now you can charge $200/month instead of $19.99, and one person can probably run 30 accounts.

Examples: ReachLocal and Yodle.

justincormack on April 24, 2011 [–]

Thats not a service business as this article is talking about. We are talking about services that cost $1000 a day and dont scale without good people. $200x30=$6000 a month is not enough to run a really profitable service business either.

rokhayakebe on April 24, 2011 | [–]

I think ReachLocal does this to the tune of 40M/year in revenue.

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