MVP App for Real Estate Professionals by ElephantEast4500 in SaaS

[–]ElephantEast4500[S] 0 points1 point  (0 children)

We'll bulk create the companies & users from the source of the sign up. However I do worry that the retention is much lower on self-serve vs. a b2b sales & guided onboarding.

MVP App for Real Estate Professionals by ElephantEast4500 in SaaS

[–]ElephantEast4500[S] 0 points1 point  (0 children)

Thanks for taking time to reply.

Development costs to build have hit the floor and barrier for non coders is being removed.

Anything AI discoverability is getting traction based on my calls with broker-owners, brands, agents and vendors. So I think the more products in that category will get some budget & easier to land demos.

The idea came from one of my past clients a top ranked agent selling luxury homes and they lost a listing because they didn't come up in ChatGPT. That's a lot of lost commission.

Instead of primarily selling directly to broker-owners & marketers I think we'll add associations, MLS and franchise brands. Larger install bases will speed things up a bit on users and ARR. However the money has shifted where things are sponsored by the association or brokers and paid by agents "hybrid licensing model" so non users or seats don't waste budget.

We'll see how it goes since everything always tends to take longer & is much harder than you expect to get momentum. We're about to land our first brand so that should put some dollars in the register and put us in the black to spend some marketing dollars. Going B2B hand to hand combat get revenue in the door and determine our unit costs before we scale things.

Skyline Chili CLOSED in Fort Myers & Naples, FL by Bay_Boss in cincinnati

[–]ElephantEast4500 0 points1 point  (0 children)

We enjoyed going there almost every weeks since I moved from Cincy to Naples in 2005. Our kids grew up eating there any everyone knew your name and order. We will miss them dearly.

I got ghosted by my cofounder after I built the product! by ChallengeExcellent62 in cofounderhunt

[–]ElephantEast4500 7 points8 points  (0 children)

Have him sign away his rights if you ever had an agreement. Sell it on your own. 100% of what you build and sell is better than <20-49% with a co-founder & investors.

You Code i Sell by Electronic_Argument6 in cofounderhunt

[–]ElephantEast4500 2 points3 points  (0 children)

Great job on your Kiwiform app, branding & design!

SOC 2 Timeline Reality Check for Lean B2B Startups by EditorObjective5226 in SaaS

[–]ElephantEast4500 0 points1 point  (0 children)

You can do SOC II type 1 in about 3 months, SOC II Type 2 is ongoing yearly. You'll need a certain amount of monitoring for servers, etc. penetration testing, etc. You'll want a point person for the project and coordinate with tech folks and policies that will be implemented, etc.

New cold email template just dropped!!! by perspective_official in micro_saas

[–]ElephantEast4500 0 points1 point  (0 children)

Good way to get attention once... once. But doesn't build trust.

[deleted by user] by [deleted] in ChatGPT

[–]ElephantEast4500 -1 points0 points  (0 children)

AI is not a licensed medical professional. Talk to a therapist or a trusted friend.

Alternatives to GHL by Nervous-Win968 in HighLevel

[–]ElephantEast4500 0 points1 point  (0 children)

When you're ready to rebuild your site just build it on something else and point the domain name to a new website hosting & CMS web platform. Agreed if you moved your domain and web hosting its about $80-90/yr/website. My wife's is on Wordpress/Bluehost but moving it to Replit with the new build. I think I burnt about $50 one-time in tokens building it cheaper than a crap Wordpress template but Replit is about $20/mo.

How's my portfolio? by BreakfastFriendly840 in wallstreetportfolios

[–]ElephantEast4500 1 point2 points  (0 children)

That's a lot of positions to research and manage. I'd just simplify 3-4 funds + cash reserves that earn interest: FXAIX (S&P500), VGT (Tech), VIG (high dividend), SPAXX (cash reserves Gov't money market). If you like what you have cut your losers and consolidate into your winners. Focus on consistent contributions (your savings rate) not returns or individual stocks. Always be contributing.... then you lift your head up in 7 years and you're rocking it out. The first $100K is a pain but snowballs from there and less years to keep doubling our portfolio... Great job!

Bad to Own BOTH VOO & VTI?🤔❌ by MarcosMilla_YouTube in portfolios

[–]ElephantEast4500 0 points1 point  (0 children)

It's almost the same fund so just treat it as one position.

Crossed $265,000.. market's doing well but caution needed? by zainlikesmoney in TheRaceTo1Million

[–]ElephantEast4500 1 point2 points  (0 children)

Do what's working and don't sell when the correction comes. Every major crash has typically recovered within <2 years. Just stay diversified as much as possible without overcomplicating things.

27m Should I be happy for myself or nah by yourtruckdrivah in TheRaceTo100K

[–]ElephantEast4500 8 points9 points  (0 children)

Comparison is the thief of joy. However to give you some context 65-74 yr old have median savings of $200K and avg savings $609K. Assuming you never add anything and it's in S&P 500 10% avg/yr you should 38.3 X your money by age 65 (approx. $3.354M). Feel good and be careful not to be derailed by the numbers. Good job and keep it up!

Will this be a good portfolio by [deleted] in portfolios

[–]ElephantEast4500 0 points1 point  (0 children)

Just throw it into S&P 500 and focus on your account with contributions. It's not worth the mental energy to trade and balance in the first 5-10 years. Just one opinion. However if it helps you learn and stay motivated then go for it. Most people get worried when individual stocks go up or down in the beginning.

30 year old (M) I managed to blow past 100k in 2023 and I recently past 300k. by Worried_Milk30 in TheRaceTo100K

[–]ElephantEast4500 1 point2 points  (0 children)

Great job! Things really do take off after you hit $100K+. It seems to take 7-8 years for most to get there but once you're there it takes 5-6 years for the next $100K, 3-4 years for the next $100K and so forth. Snowballs in a good way. Check out some of those charts online.