Do you think charging on day 1 is typically the smarter route (e.g. to better validate the product, prove the unit economics, etc.)?
We've been struggling with the question of when to monetize since there are also some strong points in favor of waiting. Some of those include avoiding a local maximum by way of pigeonholing yourself early, making it easier to reach scale and get feedback from a broader market, etc.
We'd love to hear your thoughts on this.
edit: To clarify, we have two monetization strategies that we think are especially viable—the question is when should a startup pull the trigger on their monetization strategy.
We've been struggling with the question of when to monetize since there are also some strong points in favor of waiting. Some of those include avoiding a local maximum by way of pigeonholing yourself early, making it easier to reach scale and get feedback from a broader market, etc.
We'd love to hear your thoughts on this.
edit: To clarify, we have two monetization strategies that we think are especially viable—the question is when should a startup pull the trigger on their monetization strategy.