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onboard customers slowly and charge them - as you scale, make sure your charging as well and get paid. you don't need to go from 0 - 100k a month in a single m
by teddyuk 7y ago
onboard customers slowly and charge them - as you scale, make sure your charging as well and get paid.
you don't need to go from 0 - 100k a month in a single month, octopus could because they have backing.
- jermaustin1 7y agooctopus is a bootstrapped company
- echelon 7y agoThis is a social media app, so I can't charge money for it. My hope would be for funding or a buyout. Otherwise it will be shut down.
- bananocurrency 7y ago>My hope would be for funding or a buyout ...you're going to get bought by a company that knows it can't make money from it?
- teddyuk 7y agoJust stop what you are doing, you need to have a way to generate revenue if you want to sell it.
- navigatesol 7y agoTrying to wrap my head around this: someone needs to make money from it, or what would they be buying out? So why not you? If you need funding, then you have to build a compelling case sans demo. It's not unheard of.
- dragonwriter 7y ago> This is a social media app, so I can't charge money for it. My hope would be for funding or a buyout. If you have no clue how to monetize it, why would anyone fund it or buy it? People fund or buy businesses, but without a plan for monetization, you don't have a business.