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Not sure why you needed the TinySeed money. It looks like you were only a few months away from $10k/mo, which seems near the boundary for sustainable income. Wa
by hooande 5y ago
Not sure why you needed the TinySeed money. It looks like you were only a few months away from $10k/mo, which seems near the boundary for sustainable income. Was there some investment you were able to make with the TinySeed money that pushed you over the line?
Maybe I missed this in your post, but did you utilize search advertising? That seems to be the most common and effective tool for short term growth
- daolf 5y agoSo to be honest, we ran the math and never actually spent TinySeed money. We could have mathematically made without it. But three things to consider here: - TS money multiplied our runway by 10 and really reduced the amount stress we've experienced. Especially with COVID, during which we experienced our first negative growth month - We were able to finally pay ourselves above minimum wage (1,500$) - The mentoring and advices which came out of the program, really made the whole difference. Where we live, the startup ecosystem is basically 0, we don't know a lot of startup funders or experienced entrepreneur. It changes everything when you can ask a precise question about business and get a response from an expert in the next 6 hours. We had call with mentors and other member of the community, basically a one hour free consulting with an expert, about SEO, copywriting, recruiting, sales, growth, and marketing and THIS does move the needle a lot.