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Why freemium might not be good for your business

Why freemium might not be good for your business?

In short because if you start a business the one of the most important things you need to do is to validate the idea.

Why spend time building something that actually no one values?

And what’s the best way to see if people value the service?

Of course it is to ask them to give you the money.

It’s not only about that - I’ve recently were talking with one of the friends using TeamStatus. We were talking about pricing too and he gave a number which he could pay for the service.

So I asked him to actually gave me the money and then we both realized some other constraints involved. Like he’s a contractor and it was hard for him to ask for the money the company he was doing the work for.

So I know not to focus on contractors, at least now ;-)

The other thing is that if you want to have a bootstrapped company you need to have some cash flow ASAP.

That’s why we’re not going to currently introduce any free plans for TeamStatus but we will offer a free trial period because we want to make sure we do bring value to the team.

If we are not we don’t want your money!