Been referred to this sub by the Ask me anything community.
5 years ago I created a news streaming app containing live news events from around the world. Though I faced a lot of setbacks and challenges along the way, the app has been operational thus far.
Here comes the challenge - The operational costs have significantly overtaken the earnings generated by the app. In less than 24 hours, a bill of 7000 USD awaits. If I combine my savings + funds in my account, I have about $1400 .
Should I attempt to raise the $5600 in the few hours remaining? Or would it be wiser to bid the business goodbye?
Someone suggested I set up a fundraiser. I’ve got some contributions so that’s a good sign!
Any other ideas will be appreciated.
So little to go on here.
How many users do you have? How many hits do you get per day?
The numbers you give here will tell you if this business is worth saving.
$7000 USD, per what? What are the actual costs of running this business?
If you want real advice, you have to give real information, so far you haven’t really said anything about this business.