We’re coffee profitable now ☕🥳
We started building LaunchPedia in november last year. Our goal was to make it the ultimate resource for founders who're preparing for a product launch.
I and my co-founder left our 9-5 Job this January to build it full time.
And we decided that we'll keep all our products free. We thought if people found our products useful, we can make money through donations or sponsorships.
Here is how much money we made in the first 3 months of building LaunchPedia:
November - $0
December - $0
January - $0
Yes we made $0 from LaunchPedia the first 3 months of our launch.
We were an inch close to giving up.
But we decided to continue and give our everything one last time.
So We built and launched 2 products from LaunchPedia:
- LaunchPedia tools
- Places to promote your startup
And as we launched new products and talked about it,
The community loved it and our website traffic slightly started to rise with each launch.More & more people started visiting our website.
Finally we made our first dollar in February when a Indie saas founder decided to sponsor for a featured listing on our site for 2 weeks.
It was a very small amount but nevertheless we were very excited to make our first dollar.
And if this couldn't get better, just when the sponsorship was about to end,
Another SaaS was interested in sponsoring for a featured listing in LaunchPedia for march.
They decided to sponsor for the whole month of March for $200
And we're finally coffee profitable ☕
And best part is, all our sponsorship requests are inbound where the sponsors reached out to us.
So if you're building a side project or startup you believe in, don't give up too soon and just keep pushing forward even if it feels like giving up.
You may be just one small push away from your win.
Mmmm that coffee taste good! Well done guys, LaunchPedia looks good will definitely use it at some point.
Thank you for that CCRRR2 🤗 Would love to hear your feedback when you use launchpedia.
Sure thing, I'll stay in touch. Where you guys are based?
We're based out of chennai, India
Hey congratulations on the coffee money! Here's to making money-money soon!
Thanks for the support emilymatick 😃 Hope we get there 🤞
Congrats for coffee money! I love what you do!
Thank you so much denis1429 🤗 I'm glad to hear that!
I've always been attracted by such kind of business, but what really blocked me so far ( i come from b2b) is how difficult it is to project any income. Looks like "binary" (success vs failure, nothing in the middle). How do you deal with that?
Yeah. This is not an usual form of business and it takes a lot of time before you can land sponsorships. Ideally if you want to make money from day 1 , you can consider offering a productised service that complements your free products ( a dfy kind of service) and charge a premium for it.
Launchpedia is a nice idea. You worked hard for it. Enjoy your success. Best wishes.
Thanks a lot for your support Tomislazy 🤗
What sponsor platform do you use? @sathesh95
We haven't used any sponsorship platform till now. Sponsors directly reached out to us after coming across our site.
can you please tell me the name you use for this? because I really need a reliable sponsorship I am working on Cloud based LinkedIn Automation Tool (LilnkedCamp.com)
The name of our site is LaunchPedia. You can find our sponsorship page here: https://launchpedia.co/promote-on-launchpedia/
Thank you so much
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Wow - I bet that coffee is going to be so good!
Great resource!
thanks a lot for your support jesus! Glad you liked it 🤗
Congratulations! Sounds pretty cools. Launchpedia looks nice. Have a nice journey!
I'm glad you liked it hadidco. Thank you 😃
Love this! I checked out LaunchPedia, seems like a great resource! I'll be using it as a guide when marketing my app 🙂.
I'm thrilled to hear that from you ryendu 🤗 thanks a lot for sharing your feedback.
The name "coffee profitable" really spoke to me. Wishing you lots of success and will be exploring LaunchPedia so that I can be ready for product launch too 💯!
I'm glad you could relate to it Kimdontdoit🤗 Thanks for your support. Would love to hear your feedback when you use launchpedia.
Congrats! Going from zero to coffee profitable is no easy task. Website looking slick. Awesome job.
Yeah, it was not easy and we had to keep pushing till we got there. Excited to hear that you love the site 😃
Congrats! How do you get the traffic and early users?
We got the initial boost of traffic by launching on product hunt. After that we launched our products in a couple of reddit communities, on twitter and few other places.
You can find a list of 50+ places to promote your startup at LaunchPedia: https://launchpedia.co/places-to-promote-your-startup/
Thanks! Appreciate it
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This is a good resource your doing great work! Whish you the best of luck with your success...
Thanks for your kind words 🤗 we're excited to hear that buckyjames.
That's awesome! It's great to hear that you and your co-founder didn't give up and kept pushing forward. It's inspiring to know that a little bit of perseverance can pay off.
I'm really glad to hear that Dfrankle. Thank you for your support 😊
Congrats! I'm interested in the term "coffee profitable", what exactly does that mean? might be a nice benchmark to add to my product goals. 😀
Coffee profitable means that the startup is generating enough revenue to cover
its basic expenses, such as rent, operational expenses, and utilities, but not enough to pay the founders a full-time salary yet.
You can check this image to learn about the 5 stages of startup profitability Jacob: https://pbs.twimg.com/media/Fpqvod_agAIW-FO?format=jpg&name=4096x4096
Thankyou @sathesh95's that's really helpful! 🙏
Congrats! Great job, keep up!
Glad to have your support SzymonG 😊
Hoping I can code my salary one day! Congrats fr
Thank you and best of luck JessLeBrun! You will get there 🤞
Congrats man ! keep it up
Thank you yasss 🤗
Congrats... I am constantly monitoring growth of such sites. Wish you all the success!
Thanks a lot for your support kody 😃
Congratulations. I love your design
I'm excited to hear that netoff. Thank you 🤗
That's awesome, congrats! 👏🎉
Just yesterday I sold one annual subscription(organically) for my viaNotion product.
I'll be sharing about it tomorrow 😀
Congrats on the sale basharath 🔥 And thanks for your support 🤗
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Awesome keep up the good work
Thank a lot for you support Jackoo10
A good example of how actions can lead to the desired result. Keep it up!
💯 agree. That's what we learnt from it too. Thanks for the support Sanches!
Woo! Keep going! You've built a great tool :)
Thanks for the support o13y. I'm glad you like it 🤗
OOHHHH COOL have a coffee with us at founderscafe.io ;-D
Liked the name too, LaunchPedia <33
I'm glad you liked it Pinkishcucumber 😃
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Thank you so much for the support Jerryhanaa🔥