- Joined
- Sep 12, 2018
- Messages
- 22
Rep Bank
$245
$245
User Power: 123%
Hello everyone,
I'm currently facing a dilemma and would greatly appreciate your input. Here's the rundown:
Back in early 2020, I hired a offshore contractor to create a web app based on the CENTS framework, aimed at delivering a seasonal digital product. Here's a quick recap of our journey:
- Our launch in 2021/2022 was challenging due to the app's complexity and unexpected edge cases. Nonetheless, we overcame these hurdles through continuous enhancements and responding to user feedback.
- By the 2022/2023 cycle, we managed to double our sales and introduced several new features to the app.
- Looking ahead to 2023/2024, we're on track for yet another sales doubling, rolled out yearly subscriptions, increased pricing, and implemented more enhancements. The entire operation is now automated. Interestingly, we've attracted the attention of a notable player for a potential acquisition, although our current sales still low primarily just offset the costs of new features and development.
Despite these developments, I'm experiencing burnout. Balancing a full-time job, coordinating with the development team, handling social media, managing email campaigns, and producing content for my YouTube channel (which has 60K subscribers in this app's niche, though finding time for new content is becoming increasingly difficult) is proving to be overwhelming. I'm shouldering all responsibilities apart from the development work. While sales volumes may not be massive, the scalability of our project is undeniable. However, I'm facing challenges with ad optimization, slow affiliate sign-ups, partnerships, and a lead funnel that isn't converting as hoped. The product's seasonal nature further complicates matters.
I'm contemplating what to do next. Would bringing in a partner or hiring a marketing expert make sense? Investing heavily with modest returns feels almost reckless at times—many would've given up by now, but a part of me insists on pushing forward. I question if I'm just motivated or misguided?
Have any of you been in a similar situation, where you've invested significantly in a project with uncertain outcomes? How did you navigate through it? I'd welcome any advice on accelerating growth, and whether exploring brining a partner onboard or seeking professional marketing assistance is advisable. Additionally, if anyone can recommend a reputable marketing agency or individual, I'd be grateful.
Thank you in advance for sharing your thoughts and advice.
I'm currently facing a dilemma and would greatly appreciate your input. Here's the rundown:
Back in early 2020, I hired a offshore contractor to create a web app based on the CENTS framework, aimed at delivering a seasonal digital product. Here's a quick recap of our journey:
- Our launch in 2021/2022 was challenging due to the app's complexity and unexpected edge cases. Nonetheless, we overcame these hurdles through continuous enhancements and responding to user feedback.
- By the 2022/2023 cycle, we managed to double our sales and introduced several new features to the app.
- Looking ahead to 2023/2024, we're on track for yet another sales doubling, rolled out yearly subscriptions, increased pricing, and implemented more enhancements. The entire operation is now automated. Interestingly, we've attracted the attention of a notable player for a potential acquisition, although our current sales still low primarily just offset the costs of new features and development.
Despite these developments, I'm experiencing burnout. Balancing a full-time job, coordinating with the development team, handling social media, managing email campaigns, and producing content for my YouTube channel (which has 60K subscribers in this app's niche, though finding time for new content is becoming increasingly difficult) is proving to be overwhelming. I'm shouldering all responsibilities apart from the development work. While sales volumes may not be massive, the scalability of our project is undeniable. However, I'm facing challenges with ad optimization, slow affiliate sign-ups, partnerships, and a lead funnel that isn't converting as hoped. The product's seasonal nature further complicates matters.
I'm contemplating what to do next. Would bringing in a partner or hiring a marketing expert make sense? Investing heavily with modest returns feels almost reckless at times—many would've given up by now, but a part of me insists on pushing forward. I question if I'm just motivated or misguided?
Have any of you been in a similar situation, where you've invested significantly in a project with uncertain outcomes? How did you navigate through it? I'd welcome any advice on accelerating growth, and whether exploring brining a partner onboard or seeking professional marketing assistance is advisable. Additionally, if anyone can recommend a reputable marketing agency or individual, I'd be grateful.
Thank you in advance for sharing your thoughts and advice.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today