How do you reinvest your company's profits/earnings?
Be honest, creating, distributing and scaling a product is more challenging than many people imagine.
And turning a profit from a business is also not entirely easy.
When you succeed,...
👉 How do you reinvest your earned money within the business?
Example: I see that with some companies, for example, they most often go from a specialised product to something more complex (which requires onboarding new members), while some try to increase their visibility and awareness through strategic, socially responsible activities.
👉 What changes have you made in the last 6 months to optimise costs and thereby increase profits?
We can learn from each other how to be cost-effective in terms of redistributing of finances for growth.
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I would recommend focusing in the future on a narrowly focused product, so that efficiency increases and there will be fewer competitors and clear positioning in front of your company's buyers
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@oleksandr_samoilenko So rather one feature than many features? Or how can I understand that?