A little thread about product life cycles 📊 and how every product has an expiry date
Here's some revenue stats that might be interesting:
1) My YouTube channel 2) Remote OK 3) Nomads 4) Photo AI
So I think it's just the natural life cycle of a product, with Remote OK it peaked 6 years after starting, with Nomads it peake after 8 years! They all follow a normal-shaped distribution
With AI the life cycles are even faster, maybe peaking after 4 years (like Photo AI),
I think median time to acquisition for startups (if they survive) is generally 11 years
Luckily I've saved up most of the money with 95% profit margin and re-invest that so that now returns more than the ~$200K/mo from my businesses
P.S. with Nomads I deliberately nuked the revenue btw by making it $1 to signup because I want to have a lively nomads community, and my other projects and investments can subsidize that, if regularly priced it'd be at $40K-$50K/mo but with less people in it, I thinking of switching it to some sponsorship model that then subsidizes the memberships, because it's a community so it should have as much people as possible I think
