create account

[EXPOSED] How to Build a Web Development Company From Scratch With Great CashFlow and 0% Churn Rate by cryptoctopus

View this thread on: hive.blogpeakd.comecency.com
· @cryptoctopus · (edited)
$68.66
[EXPOSED] How to Build a Web Development Company From Scratch With Great CashFlow and 0% Churn Rate
<center>https://www.steemimg.com/images/2016/09/16/lifestyle3cff1.jpg</center>

# Introduction

Have you ever wondered how to start a very lean and mean home-based web development company that you can run by yourself or with a friend? If you are one of those, pay close attention because you are going to discover how 2 guys, can pump 5 figures a month in revenue with 10 clients and [no churn rate](https://en.wikipedia.org/wiki/Churn_rate).

### Lean & Mean Business Model with 0% Churn Rate

The issue with most people who wants to build a web development company is that they constantly need to find new clients to serve. Most of them find a client, make a website, makes some money and then put them on a tiny retainer to maintain their website.

But if you are by yourself or only 2 guys, maintaining cashflow becomes a real issue if you can't predict how much you are going to make this month. This is why, me and my friend chose a completely different business model. 

Namely: A business based on retainer. 

>**Retainer:**
A fee paid in advance to someone in order to secure or keep their services when required.

# Building a Better Web Dev Company

We recognized that people don't want a website...**they want sales.** Also, that they wouldn't mind paying us $1500 to $2000 a month if we can demonstrate that we make them an additional $10k a month in profit. This is why we invested in our  marketing knowledge quite a lot and positioned ourselves as a "boutique digital marketing company". 

Basically, we are their marketing department located outside of their building. 

The Process kind of goes like this:
1.  We sign a contract for around $2000 a month
2. We work with them to figure out their unique proposition: **"XYZ company is the ONLY xyz with xyz benefit".** 
3. Then we build a website around that USP has a one time fee.
4. We work on making them money with their website by doing advertising on Facebook and Adwords
5. Bring them a report every month on how much money we made them

# All of this can be done by 2 guys with these tools

So I am located in Quebec and my partner is located in British-Columbia. We work at distance and are able to do most of our work without even speaking on the phone. 

Here I am going to detail the tools that we use to stay productive and to get things done.

# Building Awesome Websites Easily With Divi 3.0 by Elegant Themes

<center>https://www.steemimg.com/images/2016/09/16/divi3058646.jpg</center>

Many custom coders would look down on me for saying that we use wordpress and a theme. But time is money and to be honest, the client doesn't care. What the client want is sales. 

With Divi 3.0, we have an amazing support community, constant update and it is by far the best wordpress development theme company out there. Also, the websites it creates look slick. 

# Communication Tools for the Agency - Slack

<br>
<center>https://www.steemimg.com/images/2016/09/16/SlackCMYK40c23.png</center>

Slack is a no brainer for our agency. Communication when you operate a business with employee across large geographical area. 

Being apart has it's drawback though. This is why, we regroup once a year and spend some time together to get our objectives in line with each other. 

# Project Management Tool To Keep Things Rolling
<br>
<center>https://www.steemimg.com/images/2016/09/16/Trello_logode775.jpg</center>

There are many people who loves and many people who hate this tool. I personally love the [Slack/Trello integration](http://blog.trello.com/trello-app-for-slack/) they recently rolled out.

But like I said [in a previous article](https://steemit.com/lifehack/@cryptoctopus/getting-things-done-my-journey-into-productivity-home-business-essentials), sometime it is not the tool that is no good...but the way we use it. 

-> [Here is some inspiration on how you can go about using this amazing tool.](https://trello.com/inspiration/project-management)

# Marketing Knowledge That Pays Dividends

<center>https://www.steemimg.com/images/2016/09/16/MM_Logo_web3c8b8.jpg</center>

Ok, if you want to become a marketing ninja, you have to constantly upgrade your knowledge and your skills. I HIGHLY recommend [Dan Kennedy's Books and Trainings](http://gkic.com/). They are expensive but they are worth their weight in gold. If anything, get your hands on his classic: [Magnetic Marketing](http://store.gkic.com/magnetic-marketing.html). 

**Copy is what your website is ultimately about**, if your copy doesn't convert your users into customers, you are missing the mark. No amount of slick design can make up for bad copy. 

<center>https://www.steemimg.com/images/2016/09/16/ilovemarketingfd7e9.jpg</center>

[ilovemarketing](http://ilovemarketing.com/) is a great podcast that anyone who loves marketing must listen to . Not only do they have marketing legends being interviewed every weeks but their free report called "BreakThrough DNA" that is well worth the read.  

# Conclusion

These are very few tools but one thing I didn't mention was the division of labor between me and my partner. I personally take care of advertising and website development while he takes care of branding, copy and customer support. It definitely makes for a great combo.

I know that I wouldn't be a great entrepreneur by myself but by having a partner that complements where I have pitfalls and vice versa is where the magic happens.

If this is the path you want to go down into, I cheer you on! I have quite an amazing lifestyle and I wish it on anyone who has the desire and skills to make it happen. 

Steem On!
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 230 others
properties (23)
authorcryptoctopus
permlinkexposed-how-to-build-a-web-development-company-from-scratch-with-great-cashflow-and-0-church-rate
categorylifestyle
json_metadata{"tags":["lifestyle","career","webdev","business"],"image":["https://www.steemimg.com/images/2016/09/16/lifestyle3cff1.jpg","https://www.steemimg.com/images/2016/09/16/divi3058646.jpg","https://www.steemimg.com/images/2016/09/16/SlackCMYK40c23.png","https://www.steemimg.com/images/2016/09/16/Trello_logode775.jpg","https://www.steemimg.com/images/2016/09/16/MM_Logo_web3c8b8.jpg","https://www.steemimg.com/images/2016/09/16/ilovemarketingfd7e9.jpg"],"links":["https://en.wikipedia.org/wiki/Churn_rate","http://blog.trello.com/trello-app-for-slack/","https://steemit.com/lifehack/@cryptoctopus/getting-things-done-my-journey-into-productivity-home-business-essentials","https://trello.com/inspiration/project-management","http://gkic.com/","http://store.gkic.com/magnetic-marketing.html","http://ilovemarketing.com/"]}
created2016-09-16 13:31:12
last_update2016-09-16 13:40:06
depth0
children11
last_payout2016-10-17 14:10:54
cashout_time1969-12-31 23:59:59
total_payout_value64.942 HBD
curator_payout_value3.716 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length5,581
author_reputation365,406,972,531,657
root_title"[EXPOSED] How to Build a Web Development Company From Scratch With Great CashFlow and 0% Churn Rate"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id1,265,692
net_rshares30,286,968,671,818
author_curate_reward""
vote details (294)
@cryptomental ·
Very good post. What is your favorite web hosting and why? Which tools do you use for source code version control, code reviews etc.?
properties (22)
authorcryptomental
permlinkre-cryptoctopus-exposed-how-to-build-a-web-development-company-from-scratch-with-great-cashflow-and-0-church-rate-20160916t133430453z
categorylifestyle
json_metadata{"tags":["lifestyle"]}
created2016-09-16 13:34:30
last_update2016-09-16 13:34:30
depth1
children4
last_payout2016-10-17 14:10:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length133
author_reputation6,756,831,217,523
root_title"[EXPOSED] How to Build a Web Development Company From Scratch With Great CashFlow and 0% Churn Rate"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id1,265,726
net_rshares0
@cryptoctopus ·
you will be surprised but the results for our clients when it comes to page speed, support and SEO was with the Managed Wordpress Hosting with GoDaddy. Since we do not work with source code, we work directly live on the website on a development platform on our own server (with a maintenance plugin to keep it from being picked up by Google). When its ready for launch, we migrate the website via a plugin called "Updraft".
👍  
properties (23)
authorcryptoctopus
permlinkre-cryptomental-re-cryptoctopus-exposed-how-to-build-a-web-development-company-from-scratch-with-great-cashflow-and-0-church-rate-20160916t133910120z
categorylifestyle
json_metadata{"tags":["lifestyle"]}
created2016-09-16 13:39:00
last_update2016-09-16 13:39:00
depth2
children3
last_payout2016-10-17 14:10:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length423
author_reputation365,406,972,531,657
root_title"[EXPOSED] How to Build a Web Development Company From Scratch With Great CashFlow and 0% Churn Rate"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id1,265,776
net_rshares0
author_curate_reward""
vote details (1)
@cryptomental ·
Amazing indeed. I did not expect this answer. But since it is convenient for you and in the end brings profit seems like a good recommendation. Thanks!
properties (22)
authorcryptomental
permlinkre-cryptoctopus-re-cryptomental-re-cryptoctopus-exposed-how-to-build-a-web-development-company-from-scratch-with-great-cashflow-and-0-church-rate-20160916t134100358z
categorylifestyle
json_metadata{"tags":["lifestyle"]}
created2016-09-16 13:41:00
last_update2016-09-16 13:41:00
depth3
children2
last_payout2016-10-17 14:10:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length151
author_reputation6,756,831,217,523
root_title"[EXPOSED] How to Build a Web Development Company From Scratch With Great CashFlow and 0% Churn Rate"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id1,265,792
net_rshares0
@good-karma ·
Great stuff, thanks for sharing... I think **eSteem** can use some marketing...
properties (22)
authorgood-karma
permlinkre-cryptoctopus-exposed-how-to-build-a-web-development-company-from-scratch-with-great-cashflow-and-0-church-rate-20160916t163641047z
categorylifestyle
json_metadata{"tags":["lifestyle"]}
created2016-09-16 16:36:42
last_update2016-09-16 16:36:42
depth1
children0
last_payout2016-10-17 14:10:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length79
author_reputation656,210,817,936,836
root_title"[EXPOSED] How to Build a Web Development Company From Scratch With Great CashFlow and 0% Churn Rate"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id1,267,656
net_rshares0
@grandpere ·
$0.62
Thanks, very good tools and tips.
👍  ,
properties (23)
authorgrandpere
permlinkre-cryptoctopus-exposed-how-to-build-a-web-development-company-from-scratch-with-great-cashflow-and-0-church-rate-20160916t135733303z
categorylifestyle
json_metadata{"tags":["lifestyle"]}
created2016-09-16 13:57:24
last_update2016-09-16 13:57:24
depth1
children0
last_payout2016-10-17 14:10:54
cashout_time1969-12-31 23:59:59
total_payout_value0.611 HBD
curator_payout_value0.008 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length33
author_reputation39,492,316,522,544
root_title"[EXPOSED] How to Build a Web Development Company From Scratch With Great CashFlow and 0% Churn Rate"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id1,265,943
net_rshares1,658,559,741,832
author_curate_reward""
vote details (2)
@kenny-crane ·
I'm in a very similar business, also with a partner, and found a few new ideas here.  Thanks!
properties (22)
authorkenny-crane
permlinkre-cryptoctopus-exposed-how-to-build-a-web-development-company-from-scratch-with-great-cashflow-and-0-church-rate-20160916t214709808z
categorylifestyle
json_metadata{"tags":["lifestyle"]}
created2016-09-16 21:47:06
last_update2016-09-16 21:47:06
depth1
children0
last_payout2016-10-17 14:10:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length93
author_reputation233,084,007,443,126
root_title"[EXPOSED] How to Build a Web Development Company From Scratch With Great CashFlow and 0% Churn Rate"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id1,270,655
net_rshares0
@meharhassan94 ·
good point you choose ..... many people learn this article
properties (22)
authormeharhassan94
permlinkre-cryptoctopus-exposed-how-to-build-a-web-development-company-from-scratch-with-great-cashflow-and-0-church-rate-20160916t133422450z
categorylifestyle
json_metadata{"tags":["lifestyle"]}
created2016-09-16 13:34:09
last_update2016-09-16 13:34:09
depth1
children0
last_payout2016-10-17 14:10:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length58
author_reputation4,720,840
root_title"[EXPOSED] How to Build a Web Development Company From Scratch With Great CashFlow and 0% Churn Rate"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id1,265,721
net_rshares0
@trogdor ·
0% "church" rate? Freudian slip? haha :)
properties (22)
authortrogdor
permlinkre-cryptoctopus-exposed-how-to-build-a-web-development-company-from-scratch-with-great-cashflow-and-0-church-rate-20160916t133817446z
categorylifestyle
json_metadata{"tags":["lifestyle"]}
created2016-09-16 13:38:09
last_update2016-09-16 13:38:09
depth1
children1
last_payout2016-10-17 14:10:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length40
author_reputation22,905,182,177,434
root_title"[EXPOSED] How to Build a Web Development Company From Scratch With Great CashFlow and 0% Churn Rate"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id1,265,767
net_rshares0
@cryptoctopus ·
hahaha...yep, totally misspelled that one.
properties (22)
authorcryptoctopus
permlinkre-trogdor-re-cryptoctopus-exposed-how-to-build-a-web-development-company-from-scratch-with-great-cashflow-and-0-church-rate-20160916t134037644z
categorylifestyle
json_metadata{"tags":["lifestyle"]}
created2016-09-16 13:40:30
last_update2016-09-16 13:40:30
depth2
children0
last_payout2016-10-17 14:10:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length42
author_reputation365,406,972,531,657
root_title"[EXPOSED] How to Build a Web Development Company From Scratch With Great CashFlow and 0% Churn Rate"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id1,265,789
net_rshares0