Hustling to Profitability in Difficult Times

  • 1st Dec'20
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The agile and flexible working method by new-age startups has enabled them to survive the harsh economic consequence of the pandemic. Be it transition to remote working or enormous dependence on digital, startups have verified that they were better equipped and apt enough to react to the situation than most popular businesses. Engaging and motivating workers amidst these testing periods has been a major task for all companies. Read more.

 

Startups Hustling To Profitability In Challenging Times

Much has been spoken when it comes to startups that scale rapidly in size with the help of fundraising and superficial capital. It is not overselling to say that this mechanism directs to huge acquisition of users and data, with wishes of making profits and unit-economics positivity at a later phase.

While the discussion on whether this route is ideal never stops, there are a few bootstrapped idols that silently attained profitability, stability, and economic-positivity without having to put up any funding. While the allocation of liquidity and percentages is a matter for another time, it is thrilling to observe how some entrepreneurs whirled their own tables around founded on first principles.

 

Hustling

 

Refer to these below articles:

5 startups are bootstrapped yet profitable

Bootstrapped startups who survive all ups and downs and still yielding profits. Read more.

32 Valuable Startup Lessons From Successful Entrepreneurs

Here are some full proofs lessons which help you in starting your own startup journey. Read more

5 Low-Cost Startup Business Ideas

List of low budget startup business ideas which help you in deciding what will be the best for fit in your court. Read more.

 

Unique Side Hustles

Side hustles enables you to make additional money that'll give you the freedom to seek your passions, buy things you desire or want, and lower any financial stresses. It can also assist you formulate new skills, create your personal brand or portfolio, and attain more freedom. Take a risk by beginning a business or maintain a new hobby you've always been curious about. A side hustle is your decent opportunity to reside life on your own criteria and with some extra pennies in your pocket, there's nothing quitting you from making your dreams come true.

 

Read the below articles to know about Unique Side Hustles:

Ideas for a Lucrative Side Hustle

Searching for the best exclusive side hustle idea for your startup, here we enlisted best fifty ideas. Read more.

Hustle Ideas To Get Started

Take a look at some of the best and budget friendly startup ideas to begin with. Read more.

Best Side Hustle Ideas To Make An Extra $2,000/Month

Everyone has different situation and need to filter the best idea for side hustle according to the situation, get started and pick the one for you. Read more.

 

We at OpenGrowth, are constantly looking for startups trends in the market. If you wish to know more about the startup ideas, let us know in the comment section.

 

About the Author: Beauty Kumari 

An eloquent individual, love to express a myriad of topics through her words. She is ready to take any professional challenge head-on and give her best to any project entrusted to her. She wants to adversely impact through her writing and build a career out of her passion.

Sources/References:

*Note: The content published above was made in collaboration with our members.

About the author:

Kumar Amritanshu (Editor), OpenGrowth Content Team

Amritanshu, a geek, an explorer, traveler and innovative creator by heart. Experimenting with new ideas and exploring innovative technologies are his break-through talent. Endless craze for technology and creativity. Associated with editorial team at OpenGrowth and keenly serving great stuff from startup world.


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