MH-Andy
04-08-2009, 09:09 AM
I'm still trying, but how long did it take you?
![]() | View Full Version : How long did it take till you break even? MH-Andy 04-08-2009, 09:09 AM I'm still trying, but how long did it take you? darkeden 04-08-2009, 09:19 AM well shared hosting took me 7 months. vps hosting took me 3 weeks. depends on how well you advertise and if you do unlimited or not. crombiecrunch 04-08-2009, 10:28 AM I am right now at the break even point. It took me about 5 months to hit it. IGXHost 04-08-2009, 11:39 AM About 4 months in. xyclonehost 04-08-2009, 12:01 PM break even..? i'd say 3 mths...yeap..that pretty much does it. maybe coz i'm on a reseller account. :) webtouchup 04-08-2009, 02:23 PM Took me about 2 mths on a reseller from HostGator, decided it wasn't for me ;) iTom 04-08-2009, 02:37 PM Hmmm shared hosting would have broken even in under 2 months, but before then we started investing into dedicated servers and VPS. So in total think it was about 5 months, although any money that comes in I normally invest into something else before it could be classed as profit :) KarlHost 04-08-2009, 02:38 PM When i did shared hosting it was around 5 months. VPS hosting for me was around the 2 month mark. Dougy 04-08-2009, 05:04 PM Some places I have worked with recently (new start ups) took about 6 months to break even. One was colocating a single used server they got for about $300 - it was very cost efficient for a dual CPU box for them. They filled it and were making quite a bit of money until they scaled to another server, and they just keep growing. Lesli 04-08-2009, 05:26 PM Shared hosting two months; move to dedicated servers...zero (had already "broken even" when I decided to make the move, just had smaller profits). I've recently gone back to "loss", but I don't regret the circumstances. Time to ramp up my marketing skills - everything previously was done word-of-mouth and my own minor networking skills, no actual advertising campaigns. FortressDewey 04-08-2009, 05:32 PM The quicker you learn to sell and market, the quicker you will make money and can have higher average MRC Motiv 04-09-2009, 10:12 AM First month for me... I just knew the right people :) initialone 04-10-2009, 01:29 AM Very interesting, I do most of my work locally, I've been profiting, but I imagine going out completely on my own would be different. I've also helped a few smaller online partners and now moving out on my own. You could say I'm on par since I'll be gaining a few clients from my previous work. HS Nick 04-10-2009, 02:13 AM It took us about 1 year. However, we bought out several existing companies upon our start. larry2148 04-10-2009, 03:04 AM It took us about 1 year. However, we bought out several existing companies upon our start. How did the buying other companies strategy work for you? initialone 04-10-2009, 03:17 AM I'm curious to find out how did buying other companies help you or if it didn't? Was it advantageous? Or was it more of a burden? HS Nick 04-10-2009, 03:33 AM I'm curious to find out how did buying other companies help you or if it didn't? Was it advantageous? Or was it more of a burden? I would not say it was a burden. However, after several experience in buying out existing companies, I must say expect somewhere around 5-10% of the purchased customers to not re-new. initialone 04-10-2009, 04:11 AM Not renewing because of knowing that the owner changed? Or were their other reasons. Orien 04-10-2009, 10:25 AM I would not say it was a burden. However, after several experience in buying out existing companies, I must say expect somewhere around 5-10% of the purchased customers to not re-new. That's actually not a bad attrition rate at all. MH-Andy 04-10-2009, 10:51 AM I've just broke even within this hour, then spent it all on more WHM addons. :) KmacK 04-10-2009, 11:00 AM Looking back, it took us about 3 weeks to break even. We had a little help from some existing accounts that the web design side of our business brought in. M5-Network 04-10-2009, 11:14 AM Strangly enough it took us 1 week to hit break even due to us being the only company now that offers DigiChat hosting scince Digi-Net declared bankruptcy in 2004... othellotech 04-10-2009, 03:57 PM I'm still trying, but how long did it take you? 35 minutes give-or-take, it was right at the end of the first 30 minute meeting :) after several experience in buying out existing companies, I must say expect somewhere around 5-10% of the purchased customers to not re-new. we're running at a 3.7% "loss" average across 8 acquistions in 2008, but incorporate at 10% non-renewal this year we're simply seeing long-term customers (4years+) just not renewing domains or bothering with websites - as budgets get cut more use of free/in-house services and subdomains ... whitemist 04-10-2009, 04:17 PM It took me about 2 months but only because I merged with another company who offered free hosting. It takes a lot of time and effort since your competing with everyone else out there initialone 04-11-2009, 12:50 AM 3 weeks, 1 week, 2 months. You guys must've been working hard. How much of your budget went into advertising? Just curious, also where did you guys advertise at? whitemist 04-11-2009, 02:42 AM To be honest I didn't spend any money on adverts. There are so many forums out there like digital point and webhostdir that you really don't need to pay anything for advert. If your a small company its best in my opinion to stay out of paying for adverts until you have grown a little initialone 04-11-2009, 03:09 AM Thanks for the well rounded advice. Yes my company is fairly small but we are diligent in our work and will provide what is needed and supported by our services. I'll try a little of both. I believe word of mouth would be the best advertisement, along with verified comments from clients themselves. whitemist 04-11-2009, 03:23 AM Exactly, a little hard work goes a long way XP darkeden 04-11-2009, 10:44 PM Strangly enough it took us 1 week to hit break even due to us being the only company now that offers DigiChat hosting scince Digi-Net declared bankruptcy in 2004... its cool that you brought it back with other stuff to. must be risky to start a buisness where one failed incredible1 04-14-2009, 09:37 PM 1st month Niche market, lots of free tools for video delivery for clients to use Higher capacity on accounts, good choices of domain names cycomholdings 04-15-2009, 02:02 AM About three weeks. But our startup costs were low, just a reseller account. As we grew we have been able to add VPS and servers since. Lpal-Jay 04-15-2009, 08:45 AM While we're not a web hosting company, it did take us about 6 months to break-even. |