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 👇
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
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
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.
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.
@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.
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.
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