Re:The 10k Bootstrap Challenge
by sparknlaunch12 on Wednesday May 16, 2012 @12:11PM
(#3982632)
Good concept.
What is the writers site built with andhow will it generate revenue?
Are you adopting a lean startup approach?
Good luck.
Django/jquery/sendgrid, I have no idea (yet!), and yes. On the first idea the main stuff I'm pulling from lean is analytics, but if this one doesn't work out I'll do more custdev and in-person stuff as appropriate.
Re:The 10k Bootstrap Challenge
by sparknlaunch12 on Wednesday May 16, 2012 @07:15PM
(#3984566)
Cool. Really like how the form filling flows.
Will wait to see how you monetise this. I suspect there are some serious writers/bloggers out there looking for inspiration and willing to pay?
Affiliate marketing bro. I make six figures doing it. Not saying it's a great long term solution but in your situation you could turn a profit quite quickly potentially. Just look around at various affiliate programs and see if you can come up with a solution to add value to the customer experience. Maybe just a simple price comparison site. Then drive traffic to it, paid works well as long as you can do it profitably. If you can turn a profit on an Adwords advertising campaign you may well be on your way to a tidy income.
If you're curious, the first product I'm trying to make profitable (and the one whose numbers I reference in the video) is at http://whattowrite.org
But, as I say, the stats on it are pretty bleak at the moment (I need to improve the funnel performance by ~1000%). I may end up spending 2 weeks invalidating it and then move on to greener pastures.
Regarding the amount of money and number of months it gives me, I chose the amount (10k) in order to give myself 4 months, rather than the other way around. 4 months feels about right. If I could live happily on £1k per month, I would have made it the £4k bootstrap challenge ;)
Thanks again!