- A: Customer acquisition cost, monthly recurring revenue, customer churn rate, user engagement, and customer satisfaction ratings.
Q: How can I build a sustainable revenue stream for my software business?
- A: Offer a subscription-based pricing model, provide premium features and add-ons, explore licensing options, and consider offering consulting or support services.
Q: What are the best resources for aspiring software entrepreneurs?
- A: Industry blogs, online forums, startup incubators, mentorship programs, and books or articles on software business development.
Q: How can I stay ahead of the curve in the rapidly evolving software industry?