Every startup goes into many phases before it become “the company”. First phase is bootstrapped and next always should be MORE and more customers and NOT raising FUNDING. There is no second stage if you are earning good amount of profit and customers are increasing and you are PROFITABLE Company!
In my experience, initially, every entrepreneur has lack of investment and they struggle making money. Then they start chasing seed-investors or angel investors and spend lots of time fulfilling their requirements for funding and forget this –
“Customer is an investor for VALUE”
The more you work upon your “service” and product VALUE, you can ask MORE and MORE from the same customer with HIGH PROFIT.
“Customer needs VALUE for MONEY”
I am talking about customers who really pay you GOOD AMOUNT to buy your HIGH QUALITY Product and Service named The Premium Customers! The Special Customers!
“Premium Customers always
Pay Higher Than Others”
They can pay you more if you give them what they want with high quality. Here Premium Customer means the following:
1. Repeat Customers
Self-Explanatory, they are loyal that’s why they are repeat. Give them extra attention.
2. Rich Customers
They need HIGH QUALITY and Comfort! Give them experience!
Do You really want to earn for yourself?