As of today, August 3rd, 2020, ContentMates has successfully delivered 161 completed writing projects for more than 30 customers all around the world. This may not seem like a lot, but it’s certainly a milestone for us, being our first year in business, and we are tremendously proud of our work and what we have accomplished.
Over the course of these last 9 months, we’ve learned a lot and our business has improved dramatically. Our churn rate is down to single digits, our average delivery time is down to 2-3 business days, and we’ve brought on additional support to help with the content deliveries and customer communication improving the overall value of our service.
For today, my biggest piece of advice to anyone reading this that has a business or side-hustle is to validate your product or service as quickly as possible.
Once your business has 10 customers, I consider this product validation. If you can find 10 customers, there’s a good chance you can find 100, 1000, etc. Once you find 10 customers, hone in on your delivery process and try to automate as much as you can with a few resources you have so you can focus on finding more customers.
Here’s how we generated our first 10 customers and got to $3,348.40 MRR in 7 days while validating our idea:
We’re now focused on utilizing what we deliver, content, in order to drive website visitors and traffic to www.contentmates.com.
I will provide you with another update as we continue to grow our service!
If you have any feedback, please do not hesitate to comment below.