Tech

17 Money-Making Techniques That Startups Can't Afford To Screw Up

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Advertising is hardly ever the right answer to building a sustainable, profitable startup.

Yet so many do it.

Instead, startup founders and CEOs need to focus on what they could charge for that people would actually pay for.

The Board of Innovation — a startup consultancy — recently posted a great deck detailing 17 money-making techniques every startup should know.

The common theme is that companies need to understand the emotional context of their customers. 

Any smart, digital revenue model will combine at least few of the forthcoming techniques, according to the Board of Innovation.

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Megan Rose Dickey formerly covered tech startups focused on the shared economy and music industry. Dickey previously wrote for LAUNCH Media, where she covered the startup industry and organized tech conferences.She graduated from the University of Southern California in 2011 with a degree in Broadcast and Digital Journalism.