This isn‘t really detailed but essentially true, yes!
This isn‘t really detailed but essentially true, yes!
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?
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.
Well I guess nobody gonna find out, but I just noticed that right off the bat since I knew your post. Google probably know it too ;)
„Case study“ lol
u/Iceman_033 happy for you! I would only congratulate you if I knew what you are doing (roughly) and how much of it was your actual effort.
If you just want praise please tell your friends. If you want to contribute to this community, please share more details! :)
Thank you
„Over 67 businesses and counting?“ Are you bluntly lying on your homepage?
To me there is no handbook to any success in business, nor any sure way to find a business idea that works. Learning stuff helps, but another entrepreneur‘s journey is always different from yours.
I feel like what it takes is more of a general understanding (business sense), a certain skill set (for example problem-solving abilities, also durability and stress resistance), business related principles and some metrics that are specific to the industry you’re in or the business model you want to use. These things are a must, but success is never guaranteed even if you have them. However if you don’t you are most likely going to fail.
Oh interesting info. I never thought about it this way but then again it wasn’t specifically built for that market, was it?
Very good article! Thanks for sharing!
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“.