Sometimes all you need
is a little boost. When I began developing my very first online service back in 2005, I bootstrapped whatever. I would invest a few hundred dollars here and there to attempt and grow numerous concepts I had. This method worked well, however was extremely slow.
I spent 6 years from 2005 to 2011 doing most things myself, building out little niche websites, trying to invest as low as possible and still grow my income. Finally,
my websites began doing well enough, that I was able to stop my job in 2011! I was a full-time entrepreneur! I came up with the concept of Long Tail Pro, a keyword research study tool, that I thought might be a hit! I’m not a software application engineer, and the price was$15,000 to get the initial
variation off the ground. That quantity of money was a substantial financial investment for me at the time, and I didn’t take it lightly. For a time, I believed perhaps it wasn’t economically accountable for me to invest that kind of cash when I had a wife and household to support.
Nevertheless, I took the risk and had the software established.
I’m sure grateful I did! Long Tail Pro was a substantial hit and has actually permitted me to invest and grow a number of other businesses because that time.
While I think this approach worked well in my situation, perhaps there is another technique.
- What if I had been able to partner with somebody?
- What if I had been able to get some funding?
- Would I have had the ability to skip those 6 “slow growth” years and stop my task rather?
As I look back on my experiences, and as I’ve connected with other potential online business owners over the years, I understand there are others that might gain from a small financial investment or some guidance from someone who has existed before.
I wish to give a few ambitious entrepreneurs a little increase with some funding and partnership.
Today, I’m delighted to announce Niche Ventures!
What is Niche Ventures?
Specific niche Ventures is a brand-new investment entity I’ve produced that seeks to purchase lucrative organization ideas in the digital marketing, SEO, or online company market.
In specific, I’m wanting to buy Saas or other concepts that target digital marketers, bloggers, affiliate online marketers, and SEOs.
I’m not seeking to buy “moonshot” concepts. I’m not looking for to buy concepts that want to be profitable in a few years or go public.
I’m searching for “niche” software or other companies that are either presently profitable or anticipate to be lucrative as soon as their product is released.
What Does Niche Ventures Bring to the Table?
The specific amount of financial investment dollars depends upon business. However, I expect to invest anywhere from $20k to $100k per company to assist it grow.
In addition to monetary investment, I can also provide:
- On-going recommendations, connections, and coaching. A normal ongoing schedule would be 1 call per month to go over the business.
- Intros to the best individuals, affiliates, and media.
- Limited points out of your service on Niche Pursuits (email, social, blog, podcast, and so on). These would be limited in nature, perhaps just a couple of times to assist business get some traction.
In general, would not it be good to talk to someone that has launched products in the specific niche you are targeting that simply takes place to likewise have a large audience?
What Does a Typical Partnership Look Like?
This is brand brand-new, so each deal will be custom-made structured.
However, the main idea is that I offer a preliminary financing amount, some limited promotion, and ongoing consulting. And you run the everyday operations without my participation. You develop the product, handle the team, and perform on method.
Depending upon the deal, I might seek anywhere from a 10% to 40% equity stake in the company.
Who Should Apply?
I’m searching for enthusiastic entrepreneurs who believe that a little investment and collaboration will assist their organization grow.
The perfect company will:
- Already be profitable and have paying consumers, but is looking to expand.
- Owners have a tested performance history of previous effective services.
- Are happy to achieve a lucrative “million” dollar concept rather of an unprofitable “billion” dollar concept.
- Want to run their company without my involvement; other than occasional consulting.
I’m willing to review all candidates, even if your organization is still in “idea” stage. Nevertheless, those services that already a couple of actions ahead are most likely to receive more attention.
How to Apply?
In order to pitch your concept and look for funding from Niche Ventures, just fill out the kind right here!
I will be taking a look at each submission and will follow up with questions or to schedule a time for a call. Please permit 7 days approximately to receive a response.