View Poll Results: How Long did it take for your web hosting business to start making money
- Voters
- 33. You may not vote on this poll
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1-2 months
16 48.48% -
3-4 months
4 12.12% -
5-6 months
6 18.18% -
7-8 months
1 3.03% -
9-10 months
0 0% -
11-12 months
6 18.18%
Results 1 to 4 of 4
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03-23-2002, 10:27 AM #1Newbie
- Join Date
- Jan 2002
- Posts
- 10
How Long did it take for your biz to start making money?
subject is pretty self explanatory, just in case it got truncated: how long did it take for your web hosting business to start making money
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03-23-2002, 07:13 PM #2Web Hosting Master
- Join Date
- Apr 2001
- Location
- Montana USA
- Posts
- 673
Interesting question, and one which we've considered recently.
When we started out with a single colo box years ago, we covered colo fees in a couple months. So we "started making money" then.
Then we needed more machines, put them on credit cards, and paid them off over a year or so. So we "started making money" then.
Then we quit our day jobs and lived on savings until they ran out, issuing distributions to the partners when money was available. So we "started making money" then.
Then we leased an office and our own datacenter, which pretty much wiped out the owner distribution prospects for a few months. But then revenues caught up.
Then savings were gone, but there was enough money to start us all on (modest) salaries. And then we decided we wanted to grow faster, so we started spending more than we were making due to an increased advertising budget. It took several months for revenues to catch up again.
So maybe that's when we "started making money". YEARS after we started.John Masterson
Former Hosting Company Owner
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03-24-2002, 03:23 AM #3WHT Forum Royalty
- Join Date
- Jun 2000
- Location
- Orlando FL USA
- Posts
- 1,315
So maybe that's when we "started making money"....
As soon as the profits start showing up it's time to raise the expenses either by hiring more help, building more servers, adding more bandwidth, increasing advertising, etc etc etc.. What a fun roller-coaster to be onFutureQuest.net
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03-24-2002, 11:50 AM #4Newbie
- Join Date
- Jan 2002
- Posts
- 10
hmmm, well what i originally meant by "making money" is when did it start to pay for itself and the occasinal upgrade.. i realise now not everybody thinks like me