There's a quite a few different business models to choose from. You can do open source with a turn-key cloud offering (like myself and others e.g. Sentry, Plausible, Cal.com, Airbyte, Bearer). You can do open core with premium/enterprise features (Sidekiq, OpenReplay, PostHog, Supertoken).
Like a lot of those, myself included, you could also do both of these at the same time i.r.t. cloud and self-hosting (i.e. have a community and enterprise self-hosted edition).
You could also try to sell support and consulting contracts to enterprises (this is hardest route, imo).
Like a lot of those, myself included, you could also do both of these at the same time i.r.t. cloud and self-hosting (i.e. have a community and enterprise self-hosted edition).
You could also try to sell support and consulting contracts to enterprises (this is hardest route, imo).