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by mooreds
870 days ago
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> I've worked at a couple consultancies and they were always chasing after that recurring product revenue. I grew to believe that it isn't possible under that business model. The only time I've seen this work (and I have seen it work multiple times) is with managed hosting. So if you are an expert at developing web applications or solutions using <product X> you can offer a managed hosting solution to your clients where you host the web app or the <product X> solution. Not all of them will take you up on it, but some will. Those that do will pay you a monthly fee. This isn't free (you now have to carry a pager) but is recurring. Building your own SaaS/other unrelated product? That's a rock I've seen several consulting ships crash into (to pick a metaphor). Here's one that some of my friends tried to build in the late 2000s that I wrote about: https://www.mooreds.com/wordpress/archives/506 |
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