Business Quote by Alex Moazed
““Free Is Not a Business Model””
About This Quote
Source Book: The Startup Community Way by Brad Feld, 2019
A business cannot succeed by offering something for free; value must be exchanged for revenue.
In simple terms: Free services don’t sustain a business.
Charge for value.
Themes
Mood
Type
When to use this quote
- startup funding
- product launch
- customer acquisition
- market competition
Key Concepts
Questions to Reflect On
- How can you monetize without alienating customers?
- What value justifies a price?
Free offerings may attract users but can erode profitability.