From broke to... Still broke Building my first fastlane/CENTS approved MVP.

[baythewebguy]

Hi all

I've been a long time lurker of these forums, now it's finally time to introduce myself.

I've started multiple side hustles since I was 15, all of which have shown some level of 'success' (they paid the bills) however I didn't have the right skillset or mindset to truly become successful.

11 years later and much wiser, I've developed skills in web development, SEO, PPC, sales and more... I also found 'The Millionaires Fastlane' and many other self development books to improve my mindset.

I've successfully built 10+ websites, attract over 30,000 clicks/month from SEO, and have worked on £600k+ marketing campaigns within an agency.

I'm now ready to try again

My Goal is to replace both my own and my fiance's full-time income, buy a van, and start traveling the world by 2028.

My plan is to replicate a successful directory in a new market with virtually zero competition, then expand vertically by offering complimentary services to the traffic on my site.

The niche is high-ticket (£5k-40k) and high volume (1,000s of searches per month). Initially I will be able to extract less than 1% of the money spent, but as I become the dominant player in the market, I will be able to carve out a much higher percentage.

Looking forward to posting a progress thread when the MVP is out of development

AMA

 

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[ExistingExpert]

I look forward to seeing when you get the MVP out. Best of luck to ya!

 

[semiconductor]

Looking forward to seeing the MVP!

Do you develop it all yourself or delegate any of the work?

What learnings do you have from your previous ventures?

 

[baythewebguy]

Looking forward to seeing the MVP!

Do you develop it all yourself or delegate any of the work?

What learnings do you have from your previous ventures?

I will build it myself using WordPress, Elementor & GeoDirectory.

Will definitely end up hiring a developer to rebuild after it sees some success, but I like to start lean and reinvest.

I'm a full time SEO manager and have built 10+ websites using WP + Elementor.

I've learnt it's more important to build MVP's quickly and get ranking, over long development times trying to add all the bells and whistles.

Also, I use a 'class' based design system which takes longer to setup, but makes edits and creating future pages much quicker/more consistent.

Finally, with directories, you have a 'chicken and egg' situation. To fix this, you need to heavily promote to both parties with a no brainer offer, without devaluing your brand.

Offers like "£250/year - however we will give you a year of free access to trial it"

 

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