Good day,
In 2015 I launched a startup, on the time I used to be very inexperienced and largely centered on the product, somewhat than eager to generate income. I ended up shutting down the product in 2018.
I initially constructed the product for myself. There was a comfort drawback I used to be going through in my everyday and determined to resolve it for myself. Regardless of shutting down the software program in 2018, I nonetheless face this comfort drawback to this present day, and nobody appears to have tried to resolve it for themselves. So I'm taken with revisiting this mission, after my years of expertise now I believe I can do a greater job with the product, and most significantly the income mannequin.
Right here is the graph for the metrics: https://i.imgur.com/3owxMOj.png
You discover the graph is clearly trending downward, however I'm curious if this show product-market match after 2.5 yr product historical past.
Moreover, you’ll discover the "New Customers" part, has some huge spikes at first after which slowly fades away. That is largely attributable to doing lots of advertising and marketing at first after which letting phrase of mouth do the remainder.
After taking a look at this graph, I'm questioning if anybody has ideas on revisiting this mission. It reached about 100k customers, assuming a 5% conversion price at $5/mo might generate $25k/mo…
I believe I can execute on this higher than I might in 2015 although. Admire any ideas.
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