ConversionXL

NOVEMBER 6, 2019

Gadea leveraged his connections in Silicon Valley to seed viral distribution of the product, which, in turn, generated the revenue to hire engineers and scale the company. Now, the fully bootstrapped company is turning 60% of its demos into paid customers and hitting $2.5 They landed their first customer the following March.

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Sweat Equity Software Review Vesting Cofounder 50

ConversionXL

NOVEMBER 25, 2020

We’re a bootstrapped company that started with more time than money. For viral growth, you want most of your traffic coming from “Browse features,” which consist of YouTube’s home screen, subscriptions, and other browsing features. As a bootstrapped company, profitability is one of the highest priorities for our paid marketing.

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Austin Startup

AUGUST 3, 2017

If it doesn’t require much capital to get started and make money then it might be a better idea to bootstrap it. The best meetings are just conversations, not presentations. We believe the risk of low consumer adoption will be addressed if we can show a Viral Coefficient of 1.5 with 95% Monthly Active Users.

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Technical Review Startup Texas Email 69

YoungUpstarts

MAY 24, 2017

The average conversion rates of freemium into premium are as low as 1-2%. It could also work well with a viral app (e.g. photo editors for Instagram) although you may find that the hype tends to pass quickly even for the most popular apps that went super viral. Is it virality? Various combinations. Useful feedback?

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mashable.com

AUGUST 20, 2011

Join the conversation by adding Mashables Pete Cashmore to your Circles on Google+ Close Welcome to Mashable! Startup life is all about bootstrapping, but you need a place to work, right? Sign in with Facebook or Twitter to get started!

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Cofounder San Francisco Social Media Startup 81

Software By Rob

SEPTEMBER 30, 2010

Where they don’t belong is with a bootstrapped founder trying to figure out how many customers she can expect to reach next month on her shoestring marketing budget. It then crunches those numbers together with an expected conversion rate and expected price to give you an idea of expected monthly revenue. at 12:06 pm nice post!

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Marketing Software Review Matching Bootstrapping 64

Up and Running

MAY 23, 2016

You could bootstrap your startup and do most of the tough legwork on your own, perhaps while you hold down another job. On the one hand, bootstrapping your business gives you much more control over it. We asked for feedback about our software and our growth ideas and took part in the conversation. Domain Names and Trademark Law.

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Spencer Fry

JUNE 29, 2011

Before knowing where or how to acquire new users for free, you need to understand where your best conversions are taking place. The Viral Strategy. We're all familiar with the idea of viral user acquisition: Your current users invite other users to use your service. Foursquare and similar viral success stories (Instagram, etc.)

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Philippines Viral Bootstrapping Europe 77

Hippoland

FEBRUARY 12, 2018

I know nothing about viral marketing. So you might think about how to best poise yourself to bootstrap and get to profitability for the next couple of years. I don’t know how you get that many customers at scale without spending a lot. Once you get to breakout success, raising money from the bigger Sand Hill funds could be easier.

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Hippoland

FEBRUARY 12, 2018

I know nothing about viral marketing. So you might think about how to best poise yourself to bootstrap and get to profitability for the next couple of years. I don’t know how you get that many customers at scale without spending a lot. Once you get to breakout success, raising money from the bigger Sand Hill funds could be easier.

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Seed Stage Business Model B2B Email 48

Up and Running

DECEMBER 30, 2014

Jon Favreau (who also wrote and directed the film) stars as Carl Casper, a head chef who is fired after a video of his spat with a food critic goes viral. It endearingly represents the ingenuity and collaboration required to bootstrap a project. Chef (May 2014); Open Road Films.

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Duct Tape Marketing

JANUARY 29, 2019

And that’s when I created the Bootstrapping summit where I highlighted, where I documented the journey of 100 Bootstrap entrepreneurs, and that helped me get exposure to about 5,000 people, that is 5,000 subscribers, and was actually a lot more than 5,000. Abdo Riani: Exactly. I like this idea. Abdo Riani: Oh, a lot.

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Community Bootstrapping Entrepreneur Distribution 55

crowdSPRING Blog

JULY 14, 2011

It has been very challenging bootstrapping this venture with my financial aid from grad school. I think the craziest story comes from a serious conversation I had recently, with my team, about me running on Wrigley Field in a panda suit to help QRazy Panda go viral. What are some industry specific challenges you faced?

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Hippoland

AUGUST 8, 2018

As always, there are exceptions: if you build a viral consumer product (such as an Instagram) where people are just coming to your site / app in droves at no cost to you, then you’ve got a great business. In other words, if you can get 1000 people to come to your website consistently for under $5, then this business model works for you.

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Hippoland

AUGUST 8, 2018

As always, there are exceptions: if you build a viral consumer product (such as an Instagram) where people are just coming to your site / app in droves at no cost to you, then you’ve got a great business. In other words, if you can get 1000 people to come to your website consistently for under $5, then this business model works for you.

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Founder Sales Cycle Affiliate Retention 48

Software By Rob

NOVEMBER 15, 2011

I’ll admit up front: I’m not a fan of using freemium in a bootstrapped business. I don’t know of any bootstrapped business that have used freemium successfully (though I’d love to hear about them in the comments), and I know of many funded businesses that have not used it successfully. My Thoughts.

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Acquisition Customer Bootstrapping Viral 56

Startup Lessons Learned

APRIL 14, 2009

Products can find sources of validation with impressive stats along a number of dimensions, such as high engagement, viral coefficient, or long-term retention. People talk about funding funding funding, bootstrapping, etc., Transitioning from founder sold bootstrapped revenue to a functioning sales team is certainly possible.

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ReadWriteStart

JANUARY 27, 2011

It certainly will be a better way to bootstrap the company. The game has started getting some traction already, and has a good virality index. They are looking for a validated model for each of the following issues: scalable customer acquisition, freemium conversion rate, and a pricing model for the premium product. SOCO Games.

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Startup Lessons Learned

JUNE 24, 2020

You can listen to our conversation on Apple , Google , or wherever you like to download podcasts. In addition, the transcript of our conversation is below. In our conversation, he admits that what he's proposing would be incredibly expensive. Here is my conversation with Hannu Rajaniemi. I grew up in Finland.

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Duct Tape Marketing

DECEMBER 14, 2017

We’ve had over 20,000 people download that free tool that we built, and the key metric there is if somebody has used that free tool, their conversion rate on our paid product is three times higher than those who have not. It was a huge piece of the puzzle for us. That part of it was great. Fast forward a couple years.

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Hunter Walker

JANUARY 15, 2017

The viral nature of it has been incredibly fruitful in building awareness and oftentimes conversion as well. Yes, great for adding personality but when you spend most of your days trying to drive sales, not always the clearest path to a conversion. RL: We’ve invested most heavily in Instagram by far above the rest.

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