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How to Choose the Right Business Model for Your Startup

How to Choose the Right Business Model for Your Startup

via Dev.toSpencer Claydon

How to Choose the Right Business Model for Your Startup Most first-time founders spend months obsessing over their product. The features, the design, the tech stack. And then they launch and realize they never actually decided how they were going to make money. Not really. "We'll charge for it eventually" isn't a business model. It's a wish. The business model is the backbone of everything. Get it right and your startup has a fighting chance. Get it wrong and you'll be working twice as hard for half the results, even if your product is good. This isn't complicated. But it does require actual thought before you build. What Is a Business Model (and Why Founders Get It Wrong)? A startup business model is the system that explains how your company creates, delivers, and captures value. That last part is the one most founders skip: capturing value, meaning actually getting paid. The mistake I see constantly is founders treating "how we make money" as an afterthought. They figure the business

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