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I started my business very recently and have generated $3k
My site is at Lungio.com
Edit: whole first post deleted
I've been confused on how to go forward and scale this and reading built to sell got tied up in recurring revenue.
The way I've been doing it do far everyone just wanted me to do the mobile site but then host it with them and their web guy .
I was thinking of charging for hosting and maintenance but learned businesses don't want to pay additional hosting fees when they already have a web guy .
There isn't an easy way to get recurring revenue and justify the fees .
Heck I'm only 18 and who cares if I don't find recurring revenue .
I've found a system that works and people are mainly paying for the code work which is already fairly templatized so their web designer can Handle it from there then there are no worries for me in terms of hosting it all and updating their site.
I could still go hard on selling and sell a few hundred to 1000 Lungio mobile sites and make 6 figures.
The work can be outsourced so that I profit $300+ per site still and at 18 having 6 figures in the bank isn't bad .
After focusing on this business I could find a better scalable recurring model.
Heck who knows if I can't sell 3000 of these mobile sites and have a mil that way.
I've got time ahead of me and there's always more opportunity so I just have to shut down any thoughts saying "mike, you are missing out on so many other opportunities"
Monogamy then polygamy.
There will always be more ideas and opportunities!
Time to start scaling sales and outsourcing sites!
By the way, I also own mobilewebsiteinformation.com
Will add more info later
--------------------------------------
Update 7/19/12....
Just posted a telemarketing job on odesk
Now am going to post a job for People who know basic HTML php and can follow instructions to make the sites..
I will have them do a sample for me before I hire them then will pay a fixed amount per site to them (some take 3-5 hours if good)
I might have a seperate person providing samples with just their colors and logo , or maybe at some point just showing the samples I have already made.
Right now, I have to figure out what the voicemail will say...
Probably something like this:
" "
Also I need to make a list of businesses to call.
Maybe targeting businesses with flash player .
Maybe just doing a volume with all businesses in a category and location then moving on to picking out the individual flash sites and making a list of those .
[video=youtube;5zCy3EWs9Q0]http://www.youtube.com/watch?v=5zCy3EWs9Q0[/video]
Will update again soon
Goal $20k in Paypal by September 1!
Means around 45 sites sold. Let's do it !
My site is at Lungio.com
Edit: whole first post deleted
I've been confused on how to go forward and scale this and reading built to sell got tied up in recurring revenue.
The way I've been doing it do far everyone just wanted me to do the mobile site but then host it with them and their web guy .
I was thinking of charging for hosting and maintenance but learned businesses don't want to pay additional hosting fees when they already have a web guy .
There isn't an easy way to get recurring revenue and justify the fees .
Heck I'm only 18 and who cares if I don't find recurring revenue .
I've found a system that works and people are mainly paying for the code work which is already fairly templatized so their web designer can Handle it from there then there are no worries for me in terms of hosting it all and updating their site.
I could still go hard on selling and sell a few hundred to 1000 Lungio mobile sites and make 6 figures.
The work can be outsourced so that I profit $300+ per site still and at 18 having 6 figures in the bank isn't bad .
After focusing on this business I could find a better scalable recurring model.
Heck who knows if I can't sell 3000 of these mobile sites and have a mil that way.
I've got time ahead of me and there's always more opportunity so I just have to shut down any thoughts saying "mike, you are missing out on so many other opportunities"
Monogamy then polygamy.
There will always be more ideas and opportunities!
Time to start scaling sales and outsourcing sites!
By the way, I also own mobilewebsiteinformation.com
Will add more info later
--------------------------------------
Update 7/19/12....
Just posted a telemarketing job on odesk
Now am going to post a job for People who know basic HTML php and can follow instructions to make the sites..
I will have them do a sample for me before I hire them then will pay a fixed amount per site to them (some take 3-5 hours if good)
I might have a seperate person providing samples with just their colors and logo , or maybe at some point just showing the samples I have already made.
Right now, I have to figure out what the voicemail will say...
Probably something like this:
" "
Also I need to make a list of businesses to call.
Maybe targeting businesses with flash player .
Maybe just doing a volume with all businesses in a category and location then moving on to picking out the individual flash sites and making a list of those .
[video=youtube;5zCy3EWs9Q0]http://www.youtube.com/watch?v=5zCy3EWs9Q0[/video]
Will update again soon
Goal $20k in Paypal by September 1!
Means around 45 sites sold. Let's do it !
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