Hi folks, thanks for listening. A while ago I sold my company Smartynames with a provision that I could continue working on it, and we would share the revenue. It was a good deal that gave me a little bit of cash and bragging rights (haha, not really), and gave them another resource make money on. The acquiring company had a much better set of deals in place, so for every $1 I was making, they were making way, waaay more.
Unfortunately, ever since the acquisition I’ve been dumbfounded on what to do next. Part of me really wants to just say screw it, and walk away, but part of me knows there’s a lot more opportunity there. If we can help business people get a domain, start a company, register the business and find new customers, it’s would be a very rewarding outcome. I just don’t know if I have the energy to work on something relatively small; whatever we do need to be truly valuable.
Given that all we do is help people to find suitable domains now, what do you think I should do to add more value to the product that such that you don’t just come for a minute and leave with a $0.99 domain, but you stay and help us both gain value? Also, if not the answer to this question, I’d value any feedback.
Thanks, and have an an epic night!
If you integrate with Doola’s API you could knock out the business registration side of things. Link: https://www.doola.com/business-solutions/company-formation-api/
Finding new customers is a marketing and sales problem. I struggle to see how you could accomplish this with a web app. That’s where a significant amount of the lift in running a business is (outside of production/service implementation).
How about you tailor your system to particular types of businesses? E.g. dedicated flow for creating a general contractor business, restaurant, 3PL, cleaning service etc.