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Realizing where you are in terms of funding stages is important. If your site has a steady revenue stream then you are way past the angel stage as your proof of

by Sealy 13y ago

Realizing where you are in terms of funding stages is important. If your site has a steady revenue stream then you are way past the angel stage as your proof of concept and revenue model has been shown to take at least some traction. I'd say you are at the seed or accelerator stage. I found this infographic very valuable: http://fundersandfounders.com/how-funding-works-splitting-equity/ http://fundersandfounders.com/how-funding-works-splitting-eq... Do you think you could push the growth faster if you worked on it full time? I recently took this step and haven't looked back since. Investors will see your leap of faith and be more inclined to back you from my personal experience.

astrowilliam 13y ago
First and foremost, thank you for your reply. It's greatly appreciated. I am a solo founder and I am more than willing to bring on a co-founder but I haven't really reached out to anyone in that regard. Maybe it's time I look for someone? I do believe I could push the growth faster if I had the time to put into it. I have been looking at some stats about my last year and noticed that the days that I have spent more than 4 hours on the site have helped bring more people through the door. At this point I have the content, I have the industry contacts. What I need now is promotion and marketing, I need people to be repeat users. Most of my users are bouncers, they come in the door, read the article and then take off. I have just revamped the site with that in mind and am hoping that it helps turn that around. I mainly use FB and Twitter for promo but would need some additional funding to reach new targets. My audience is very tech savvy so internet marketing is top priority. I believe my content is on par with the larger sites in my niche, but more geared toward the general public. At this point I can't jump in full time as I need my day job to pay the bills. If I had investors that would gladly help me achieve this, I'd do it as soon as possible.

by Sealy 13y ago

astrowilliam 13y ago

First and foremost, thank you for your reply. It's greatly appreciated. I am a solo founder and I am more than willing to bring on a co-founder but I haven't really reached out to anyone in that regard. Maybe it's time I look for someone? I do believe I could push the growth faster if I had the time to put into it. I have been looking at some stats about my last year and noticed that the days that I have spent more than 4 hours on the site have helped bring more people through the door. At this point I have the content, I have the industry contacts. What I need now is promotion and marketing, I need people to be repeat users. Most of my users are bouncers, they come in the door, read the article and then take off. I have just revamped the site with that in mind and am hoping that it helps turn that around. I mainly use FB and Twitter for promo but would need some additional funding to reach new targets. My audience is very tech savvy so internet marketing is top priority. I believe my content is on par with the larger sites in my niche, but more geared toward the general public. At this point I can't jump in full time as I need my day job to pay the bills. If I had investors that would gladly help me achieve this, I'd do it as soon as possible.