This is a tough question. If you are a seasoned entrepreneur making good money and have many clients/customers already onboard, then I would definitely go with the product. Most entrepreneurs need to make their product or service to be successful before they can launch it. So I would say the answer might be, I would say the quickest way to get to profitability is by making a product that I really like and am confident is going to make money quickly.
And if you want to know my personal favorite, I would say, just making a service. One of the most profitable things that I do every week is making a service.
Also, the more of your time spent with the product the more money you can make.
So here are some ideas to make your product/service profitable fast.
A great way to get started with a service is by taking a project where you are able to make money in 2-4 weeks. I think that can get your interest and be good for a while.
What is the most profitable app that you have made money from?
When I was starting online publishing a couple of years ago, the most profitable app that I made money from was Google Adsense. Adsense is a Google service that allows you to buy ads through Google.
If you are familiar with Google Adsense, check out our previous article.
And if you want to know more about some of the different advantages of using this service, check out our last article.
Another way to get started with getting a piece of the action is to take on a product project where you really do not have much expertise. I really like taking on non-trivial projects like making an app or a service so that I can learn from and build from experience.
If you’re like me and you love building stuff, do let me know what is your best app (product/service) that you have made money from by using the Comment Box below. Let’s share this with my network. I will be sure to feature you and share your work on my social media profiles as soon as you join.
And if you want to keep up with my other free blog posts and articles on all things startup, then sign up below and you will not miss out on any of my other free articles. Let’s get started.
Welcome to the first article about a major new model that I have been working on, that has recently been announced to the world. It’s
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