My friend and colleagues have released their new book:
Software Profit Streams(TM): A Guide to Designing a Sustainably Profitable Business
And it has me thinking about what it means to be a sustainable business. My best definition of a sustainable business would be to look at the lifetime longevity of the business. My guess is that a family business would be the most sustainable model. One could include a monarchy in that class of business model (looking at the House of Windsor).
I recently saw Andrew Kelley's conference talk on ZiG (a new language) - his section on "predicting the future" (20 minutes into the talk) discusses some interesting aspects of sustainable business models.
Then a friend of mine asked me a question - Does a solopreneur care about profit?
My answer: Yes - of course. But on pondering a bit more... it is not at all about profit - that is only a happy accident if it occurs at all.
So if your business depends upon another business - you better care about their model. Profit - might be a poor indicator of sustainability.
March 2024 - Had a great conversation with Alex G. of OptionsAI.com they have a *NEW* vision of Stock Market Options Trading Platforms. They are executing very well. I have a bit of an issue with the marketing - they have really MISSED the value proposition with their static screenshots of the very beginning of the trade. The great value of this platform is NOT the trade execution moment - but the series of moments - in REAL-Time of the evolution of the trade. With my first trade on the platform, I was floored by the continued visualization of the trade. It is unbelievable - no AI is required. Just reframing the problem domain. Building a trading platform for humans, not training people to use the existing infrastructure from the last century.
I've not read Chris Dixon's theses ... just the small excerpt here. I don't think I'm buying the BlockChain Internet Era - however.
Alex, was suggesting that one needed to OWN the complete TECH Stack of their platform. Maybe that's true. But, Andrew Kelly, makes a great point in his talk, that the consumer has different needs than the business. And the Open Source model meets that consumer need in the long-term much better than the corporate model.
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