November 4, 2019

October 2019 Startup Update

Help Wanted/Asks:

  • N/A

Hiring: 

  • Talked to Patrick from Byteryde.com, and shared some experiences on our different takes on the same idea of solving EV / Tesla insurance.

KPIs/Core Metrics:

  • Revenue: $340
  • Marketing Spend: $30.43 on Reddit (working! But limited.)

Product:

  • Did contracting this month, so put in no active marketing or blogging on hold.
  • Nevertheless, starting to rank on first page for keywords like “Tesla Insurance Review” et al.
  • Tried Reddit ads, and seem to be profitable.

Experiments/Hypothesis run:

  • N/A

Next month

  • Thinking of hiring a writer to create 3x weekly posts.
  • If that is profitable, could add more categories of EV services (as we already have partnerships with the excellent YCombinator backed Ampup.io platofrm, etc).
  • Now that the “shackles” of aiming for VC money have been removed, turning electrade into a resource on the web of EV information is interesting: A Nerdwallet-like platform for EV knowledge, starting with EV insurance.

Contact / Inquire