This isn‘t really detailed but essentially true, yes!
lanylover
joined 1 year ago
u/Creative-Midnight727
The only option IMO would be to choose a business that you can „bootstrap“. This means that you can start with very little money and much labor and scale it slowly up to the point where you can successfully re-invest your profits into growth. I know a company that sells special wristwatches for surfers who did it that way. There are countless bootstrapped startups out there. Google that term.
That being said, you almost always need $1.000 - $5.000 if you want to even try running online ad campaigns. You get this capital from regular jobs plus good old saving or by selling things that you create with labor only (everything from lawn mowing to selling digital products on etsy and online in general).
u/tomstclair go be an intern somewhere. See how the company that hires you a) fucks up by not satisfying customers b) doesn’t address the market where is need. These are the „problems „ you want to solve.
How much did you invest into the ad tests on meta, before you got them working? Real life numbers are always good to benchmark against :)
u/maxmilner do you think the recent success is owed to the products you are selling, or to your new acquired knowledge of online marketing (meta ads)?
Where does one buy such a business? Could you elaborate on that part?
Good questions, keep it up!
u/maxmilner this is incredible! I am very happy for you!
I am just starting out with meta ads for my product. From your post I can clearly see that I should focus on video, would you agree? My product requires some modeling so it’s not as easily done but I‘ll get there.
Is there any other recommendation YOU would give me? Thanks and may the success stay with you! 100k a month! Let’s go!!
Maybe try to make something about these maps premium? I don’t know what but there could be a free and a premium feature.
Are there ares that are that dense with breweries that you could actually hop them like bars? That’s crazy!
u/RootRockRaggae congrats! That’s pretty clever!
Hm…let’s check some ideas for monetizing that project…
• Sell beer from listed breweries (or use affiliate links to their beer on amazon) • Sell ad space on the website to the breweries (think higher visibility) or ad space to whoever is trying to sell something to that audience • Breweries usually have guided tours. You could try to resell tickets to your users
What are your users looking for? What are the queries they are using?
That’s it off the bat!
The Youtube embedded video on your website is in too narrow of a container on my iphone 14. I basically can’t watch it.
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I‘d only ask on thing:
„Is it possible for you to invest 2 M to replicate your success and have me do it? You bring the plan and the seed money, I‘ll execute. We‘ll split profits“.