MRR in July:
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ $9,109 of $8,333 goal (109%)
Totals
@hostifi_net $8,463
@ghostifi_net $361
@locklinnetworks $125
@captifi_net $147
@patreon $13
I reached my goal for the year! 🥂🍾
Details in thread 👇
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Gross rev was $15,985 - expenses of $4,160
Expenses this month
@Vultr $2,452
@Stripe $644
FB Group Ad $250
Assistant $232
Affiliates $135
@GoogleAds $120
@DigitalOcean $114
@getRewardful $59
@Intercom $49
@Postmarkapp $16
@Termius $10
Other $59
@ChartMogul
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July 2019 #openstartup update
💵Gross $15,631
💰MRR $8,463 (+19%)
📈Uniques 5,587
😀Paid subscribers 390
🖥️Servers 448
👤Free plan users 1,986
📧Mailing list 1,571
@ubnt devices total 18,612
New
🎉Updated 336 #UniFi servers from v.5.10.24 to .25
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2 months ago, I decided to 🌱refocus on improving and growing HostiFi for now - so I decided not to post detailed updates about @ghostifi_net, @captifi_net, and @mspstory_com this month.
I spent most of this month still working on building a new HostiFi website to migrate off of WordPress onto a Laravel Spark platform
Launched an affiliate program with @getRewardful:
20-30% recurring revenue commissions for our affiliates!
Our affiliates brought half of all traffic to the site this month, doubling traffic from last month.
@TomLawrenceTech published a @youtube video review of @hostifi_net which received over 8,000 views
I hired a part-time office assistant and a remote part-time #Ubiquiti technical support engineer in anticipation for continued growth in the next few months.
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I'm continuing to narrow my focus. Just a few months ago I had plans for more products and startup ideas, then I decided to only focus on HostiFi for a few months, and this month I even killed off 3 of my products - #UniFi Video, #UCRM, and @ghostifi_net.
#UniFi Video was a high churn product - people didn't read the bandwidth and storage limitations. Rather than dealing with the churn and support questions for that product, I closed it so I can focus more on improving the top sellers - #UniFi + #UNMS.
#UCRM is now integrated into #UNMS as one product.
@ghostifi_net has also been a high churn and support distraction which needs improvements. I decided to temporarily close it until I have time to improve it.
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@NathanBarry took the time to meet with us @earnestcapital founders and talked about how he built and grew @ConvertKit. It was very inspiring to me. I've decided to put more time into direct sales as a result which is why I hired a pt assistant this month.
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My assistant has been compiling a list of #Ubiquiti distributors and influencers who we are going to start to reach out to next week to work on affiliate related partnerships or advertising with them.
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I'm excited to be working with our first technical support hire as well, he has 2 years of experience already working specifically with #Ubiquiti #UniFi and #UNMS. Eventually, he will help to free up my time so that I can focus more on the web development.
Thank you to my mentors @earnestcapital, @tylertringas, and @bentossell.
Thanks @AndreyAzimov for sharing your journey, + letting me copy the Hardcore Year theme, and congrats on reaching your goal in May as well! andreyazimov.com