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by swalkergibson 4367 days ago
> And a lot of people are critiquing our business plan/strategies--which I am grateful for and do actually appreciate--but I didn't really intend for this to be an elaboration of our business and I didn't really write my OP in order to explain how everything works and what all our financials/projections are, rather I wanted advice about moving forward from here.

In order to properly provide advice about the next steps, this context is necessary. If it is costing you $10,000/month to pull in $500/month revenue, then you must begin to consider its viability in its present form and come up with a different revenue model before you go from broke college students to indebted college students.

It sounds like you have already made up your minds about the way you want to go. I would recommend really reading all of the commentary here, because these are all questions that anybody with any money is going to ask, so you should have good answers.

1 comments

Yeah, I understand what you mean and I tried carefully to phrase that in a way that avoided sounding dismissive of what has been good and insightful critique--we've all been reading everything posting on here and following up with a lot of commenters off-site, which has been really cool and helpful.
Glad to hear it! Congratulations on the success so far. It is exciting when someone pays you money for your product, definitely a great buzz!