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30% growth in one month, but how?

So, January was an awesome month for mentorcruise.com. A few shifts in distribution channels as well as the January guilt of NY's resolutions brought us big traffic and with that many requests.

Result after one month: 30% growth, MRR jumps from ~$4,600 to over $6,000. Sweet!

Last year was bonkers (700% growth) and keeping the pace this year is very encouraging. I believe there are a few reasons for this.

– Getting closer to PMF. People that join MentorCruise love it. Most likely they even tell their friends or write about it. That was not the case 2 years ago.

– Network effects. Each month, we bring in over 50 new mentors. Many of them in leading positions in tech. Each of them brings in a coworker, who are leaders themselves. All of them share this news with their network, which brings in mentees and – you guessed it – other leaders in tech.

– SEO. The long and winding road of working with @jic at embarque.io on SEO is paying off. This month, one of his blog posts is bringing in 2k fresh visitors. SEO makes up for about 80% of all foot traffic.

– Userbase. There are 10,000 people on our mailing list. Whenever I send a newsletter it feels like a rush. 50+ people on the website re-discovering all mentors and reaching out. It's awesome and only keeps on compounding.

, Founder of Icon for MentorCruise
MentorCruise
on February 9, 2021
  1. 3

    Most likely they even tell their friends or write about it.

    Yeah, I've been recommending MentorCruise to many people ;)

    Keep it up with SEO, @dqmonn. I think there are millions of things to do in your niche in order to grow your organic traffic.

    Quick question - when you say $6k in MRR, is that formed by what people pay for mentors or only by the commission you get from each mentor?

    1. 2

      Yay! That's so awesome and I really appreciate it!

      $6k MRR is my take-home, the commission. The whole volume is something along $40k or something insane like that :)

  2. 2

    Good stuff!

    Been mentoring on the platform since March 2020.

    1. 1

      Anniversary soon, nice :)

  3. 1

    I love the design of you help center, https://help.mentorcruise.com

    Are you using knowledge-base management CMS? I see Gatsby in the view source.

    If you don't mind, can you share the tools you used to create such a fast and nice looking Knowledge-base 🙏

  4. 1

    Congratulations @dqmonn

    What's your users lifetime value in dollars and months?

    Have you noticed anyone churn and come back after a while?

    1. 1

      Hey Emeka! Our lifetime value is always getting healthier and longer! In terms of time and money, it's about 3 months and $360 spent. And yes, many users tend to come back.

  5. 1

    Congrats! MentorCruise looks awesome, I might join too either as a mentor (technical) or a mentee (growth).

    1. 1

      Awesome! Both is totally valid as well :P