I know you are trying to save money at the moment, but if things start to take off (or if you want to invest a bit of ££ now) and you need someone to take care of all your digital marketing stuff, websites, social media etc, one of my best friends is a graphic designer and now runs his own design group. I'm sure I could sort out an OcUK discount
Thanks man, appreciate that. It's something that I've been doing at the moment but know at some point that won't be worth it and I'll need someone else to, so I can do other things. Just at the moment it's money! I spend about 3 hours each sunday creating content for the week, which is working OK at the moment vs. the amount it'd cost me to get a proper person doing it.
I am going to have to spend tonight inputting previous transactions into Xero so I have all the past stuff in there and have a solid footing. I hate all this ****, it's all a pain but need to make it as accurate as I can. My account with revolut business is still locked though, they're like "open a chat in the app" OK, I don't even have that option soooo? I've signed up for a BRIXX trial too, so will see once I have expenses of the past all in there if I can look at that.
Two things that have happened though, we're now at 452 users, so on track to pass our 500. It's slow going but it's going and we're on track to have our best month for the second month in a row, so that's a big plus and shows having put 2 months of real work in, that it's working. With this I spoke to the lady running the virtual cheese awards and we agreed to sponsor a cheese category, in fact the cheddar one, for 500quid. You get a lot of coverage and it's expected to have about 5000 people present throughout the event, which will also have us on all their social, and all the stuff on the day as well as the MC of the day plugging the app to everyone too. So for me, it's 500 which is a chunk, but for the potential reach I need to do more than what I am as 2-6 new users a day isn't enough! I am rolling the dice and worst case it's not a good use of 500 but least it's not 5000! I can take that risk and track the ROI.
I also spoke to that investment company from LinkedIn - Launch. They target companies looking for seed, but that are on the market and hitting early growth stage. They look for 10% MoM growth and $1-10k MRR. Then you can join their 14 week program to help you take that to the next level. You get $100k for 6% equity, which isn't bad really, and by the end of the 14 weeks you should have pitched to over 100 other investors too. I knew we were too early at shy of 500 users. You need to be in the 1000s at least, and he said that there is a trade off on the MRR, so if you aren't bringing in $1k a month minimum but have a large growth in users then this could swing it, but we need that too. He likes the idea and wants us to send through monthly updates on what's going on with our charts and figures, so will definitely do that.
All going nicely, as always though need the technology side to keep up. If I were to get someone else to do the app work I think it'd cost me at least 5k (and it'd be properly offshore work as well) and at the same time I know they'd have to learn how it's put together now, which I don't have with Ahmed, but I need a bit more speed! Either way, we're putting in some good stuff and good things are happening. Gotta keep plugging away!
Once I've got the finance software side and all that info in there I'll feel a bit more on top of things and then can look at setting up this lightweight Streak gmail CRM so I can start to properly do some business outreach for partners too. See how I get on this weekend with it all.
Thanks for all your support in here! I really appreciate it and your comments etc. I only like typing this up as it's a way to get it out my head and think about what I need to do. Otherwise, when you're doing it on your own there is no way to vocalise it!
Screw it I did you some.
