The Pros and Cons of Running a WordPress Product Company | EP 384

The Pros and Cons of Running a WordPress Product Company

1. Pro: Consistent revenue 02:10
   • When you are running a WordPress product company, you don’t have to worry about the “feast or famine” of being overwhelmed or underwhelmed by client projects.
2. Con: Competition is steep 03:05
   • There are a lot of WordPress developers out there because there is a low barrier to entry.
   • You’re really going to have to up your game on the marketing side to be successful.
3. Pro: No more dealing with PITA (Pain in the Ass) clients! 03:55
   • Usually clients who pay the least also demand the most…
   • When you are running a WordPress product company, you don’t need to worry about client work anymore!
4. Con: Never ending stream of technical support requests  04:38
   • When you create a product, expect to have technical problems. It’s just going to happen.
5. Pro: You can scale bigger and faster than as a freelancer 05:25
   • You’ll spend time investing time and money in a product, but then it’s done and you can sell it over and over!
6. Con: Never ending bugs and incompatibilities 06:06
   • Plugins and themes are constantly updating, which means that you will be constantly updating your products.
7. Pro: You can take your audience into other ventures 06:57
   • When people invest in your brand, they will usually be interested in your other projects.
8. Con: Constant innovation 08:33
   • You need to be constantly creating new products to stay relevant.

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