One of the highlights of WordCamp Minneapolis 2014, was the panel discussion on commercial WordPress products. The panel was filled with successful business minds sharing their knowledge of running commercial WordPress products and services.
Each of the panelists shared their story on how they started their business. One thing they all have in common is they concentrated on one specific problem and hammered away at it until they had the best solution.
- Moderated by Kiko Doran of InGroup Consulting
- Marc Benzakein of DesktopServer
- Carl Hancock of RocketGenius
- Ben Fox of WP University/Sidekick
- Tony Perez of Sucuri
- Reid Peifer of ModernTribe
One of my favorite parts of the discussion was near the end when each individual shared the reality of owning and running a business. It’s not as simple as creating a product and then making money hand over fist. Managing benefits, taxes, out of state employees versus contractors, support, and accounting are all aspects of a business that need to be taken care of in addition to the product or service.
Watch the session and let us know in the comments if you learned anything you can apply to your own business.