🔥💰️ 𝐒𝐨𝐜𝐢𝐚𝐥 𝐦𝐞𝐝𝐢𝐚 𝐚𝐩𝐩 𝐂𝐚𝐫𝐚 𝐥𝐞𝐚𝐫𝐧𝐞𝐝 𝐚𝐧 “𝐞𝐱𝐩𝐞𝐧𝐬𝐢𝐯𝐞” 𝐥𝐞𝐬𝐬𝐨𝐧 𝐚𝐟𝐭𝐞𝐫 𝐚 $𝟗𝟖𝐊 𝐬𝐞𝐫𝐯𝐞𝐫𝐥𝐞𝐬𝐬 𝐛𝐢𝐥𝐥 for a few days of high traffic, after their free app went viral. Here's how we did things differently at OmniCreator 👇️ Going "viral" and "scale at all costs" were over-glorified among VC-backed startups in ZIRP (Zero Interest Rate Policy) era. Daigo Tanaka, PhD and I hated this model. Serverless or not, we focused on creating a service many people find it worth paying the money from the beginning. As a result, Daigo went above and beyond to integrate a seamless payment processing system for users from the beginning. By doing this we made sure monthly fee could pay the server cost per user. We also controlled the signup quantity and quality via invitation-only system. This allowed us to manage bugs, focus on customer success, and grow at a sustainable rate. We never intended to raise money. Our growth is much slower but we are making more than we pay. IMO that's a pretty damn good business model these days. #medtech #technology #socialmedia #socialmediamarketing #entrepreneurship #entrepreneur
Bootstrapped businesses build resilience, customer focus, and sales by design. Love it Omar M. Khateeb and Daigo Tanaka, PhD!
One more curious story: I had no downside starting OmniCreator. It was built as my personal tool when I was not happy with other services. When I was the only user, the server cost was lower than the subscription fees of other services. “Make something useful for yourself. Then share with others.” is the mantra in the digital era.
🎙️ Host of MedTech's #1 Podcast | Helping Medtech Grow Sales Pipeline & Find Investors Using Social Media | Proud Husband & Father | Avid Reader | Jiu Jitsu @Carlson Gracie | Mentor | Coach
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