Building an Online Empire: The 13 Most Popular Online Business Models

by Empire Flippers

The 3 Periods of a SaaS Business For every SaaS business, there are three main phases that they are going to experience. Most people understand the Startup phase, and then everyone dreams about the Stable Golden Goose phase when the money is just rolling in. One of the phases that is often not talked about, though it is one of the major stress periods for a SaaS business when they either make it or break it, is known as Hypergrowth. Let’s dive into the three phases: Startup – this includes getting everything going, programming a working product, and “going to market” with it to acquire your first few customers. Hypergrowth – if the market likes your product, you likely experience an immense amount of growth very quickly as businesses adopt your software. While this sounds great, this usually is going to cost you more money, because you need to rapidly expand in data, store, bandwidth and all sorts of technicalities to support the newly acquired customers. Remember how customers of SaaS products often love the product because they don’t need to create an IT infrastructure for their business? Well, the reason why they don’t need to create one is because your SaaS product is providing that backend for them through their membership. Stable Golden Goose – this is the stage when your SaaS business has leveled out. You are starting to turn a pretty healthy profit, and acquiring new customers at a rapid rate is not going to test your infrastructure limits, like it does in the hype...