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I don't mean to be overly critical or dismissive, but I think this is a guaranteed recipe for disaster. It takes more than a couple of months to build steady tr
by il 16y ago
I don't mean to be overly critical or dismissive, but I think this is a guaranteed recipe for disaster. It takes more than a couple of months to build steady traffic and gain traction.
For me finding customers is the easy part- they're out there, and there are a few proven ways to generate lots of traffic quickly that WILL get you customers. The hard part is getting cash flow positive and monetizing properly. That means minimizing CPA and traffic costs, maximizing customer CLV and all of the other things that come with running a profitable business. Getting more money out of a customer that what it costs to acquire him is the hard part.
It's trivial to generate $1 million in revenue for any mass market product in a few months. I've seen others do it time and time again with direct response campaigns.
That million from paying customers might cost you $10 million to acquire however.
Assuming you're targeting a large market and solving a real problem, any one of your projects has the potential to be wildly successful. The ones that aren't just haven't found their audience yet.
Fortunately, there are economies of scale and snowball effects as a product grows, so once you've gotten a small customer base and some initial traction, everything becomes much, much easier.
Commit to a single, well thought out idea, and see it through rather than starting from zero every 2 months.
Test different traffic sources, pricing models, etc. It's a fool's errand to test different startups.