The site went live only a month or so ago. I haven't set it up for monetization yet, I've been mostly striking partnerships, like with barbershops that will display my artwork and feature RTT as their "Official Sports Network" come basketball season. I'm going to have ALLLL those nappy-headed nikkas on lock, because I'll be going to Staples Center covering ball players, then hitting the barbershops to show off my content to the army of black men that stay up in the barbershops.
I'm going to obviously try to make revenue with ads, but I don't know how do that yet, I'm still learning. Somebody help me with that.
I also have some investors who said to get my shyt tight and they'd be down to invest, but more or less on PAPER, like financial forecasts and all that jazz.
So don't get it twisted, I haven't TRIED to make money and have FAILED. I simply haven't made any, but I can admit I'm still learning how to monetize this thing.
But the fact that I have TALENT, CONTACTS, and CONNECTIONS gives me childlike confidence and belief that this thing WILL crack!
If your goal from all of this is purely monetary, you should figure out how your monitization is going to work before you do anything else. You are cutting without having measured first.
Like I said, your problem is with your business plan (or lack thereof). I can project both the expenses and projected revenue for the month before the month starts. For the year or the next 5 years if I feel like doing the math for it. Your paperwork, planning, and organization seem to be an issue.
You may want to re-read my initial post to you. I am not giving you random advice. I am explaining what has worked from a position of someone that has already accomplished what you indicate you are trying to do.
I think also that the many comments from posters regarding your attitude should not be so readily dismissed. Nor should what I was explaining to you about accounting.
If you have the mindset that $20 for a hat is not a big deal from a company that has made $0 you have no concept of business. That is the difference between red and black. The business being a bust or being a liability.
Do you know what % into the red that puts you? You can't know because its incalculable. Your calculater wont even try to process how much 0 you would need to make your 20 dollars back, its an infinite differential.
Until you make at least 1 cent you are at an Infinite% loss talking about you don't understand ad revenue monetezation but you've been talking to investors.
You sound ridiculous. But I'm not gonna use smileys or jokes because I am legitamately trying to help you here.
I hate to be brutally honest with you but if you hope to be successful you not only need to understand what I am saying but understand the mindset needed to reach this analytic concusion. That is how you will turn what you are doing around.
You don't need to be having meetings or adding site content or anything else. You need to sit down with a piece of paper and figure out your business strategy.
List the things you need to figure out and implement, and those things you have no idea about or don't want to do because they seem boring or difficult- circle them.
Those are the things
no one wants to do, but the people that do them are successful at this. The people that don't do them end up working for the people that do.
