In today’s episode of Startup Hustle, Matt Watson and Emily Omier key in their insights on monetizing open-source software. Our guest is the positioning consultant at Emily Omier Consulting. The duo discusses what open source is, what the best business models are based on it, and the pros and cons of using it in your business.
Covered In This Episode
Are you a non-tech founder considering open-source software for business? Or want to learn more tips about it? Then Matt and Emily’s conversation is perfect for you.
Together they share incredible knowledge of open-source software. From its benefits to challenges to the business models that fit its system, wisdom and advice are never-ending.
You shouldn’t start an open-source business because you love open source. Or because open source is the ethical way to develop software. Instead, you should start open source because you have to start an open-source company. Because you have a clear idea of how having that open-source project is going to contribute to your business’s success.
– Emily Omier
Another misconception people have is that open source is free. It’s free. You don’t have to pay money for it. But often, it requires an investment of time, and people don’t really appreciate that. If you’re asking for people’s time, you really have to provide them value in return.
– Emily Omier
Monetizing Open Source Software