The 7 Pivotal Moments That Got Me to $1.5M in Revenue
This blog explores the 7 pivotal moments that led to one person's success in generating $1.5M in revenue. From early validation to finding their X factor, the blog shares valuable lessons for aspiring entrepreneurs.
Pat Walls
Founder https://t.co/zSf5Z2Gzjh. On a mission to help 1 billion people make money online!
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Yesterday, https://t.co/nkcmLxbhzC crossed $1.5M in revenue.
— Pat Walls (@thepatwalls) June 6, 2023
It took me 1,981 days.
Here are the 7 pivotal moments that got me here: pic.twitter.com/DkM630yLHo -
1: Early validation
— Pat Walls (@thepatwalls) June 6, 2023
In the first 90 days, I laser-focused on getting my site in front of as many people as possible.
I tried 12 channels and found one that worked: reposting our content on Reddit.
Everything changed the day I hit the front page of Reddit. I was validated. -
2: I found my "X factor"
— Pat Walls (@thepatwalls) June 6, 2023
I needed something that would set my content apart from the rest...
I started requiring all businesses we featured to share exactly how much they were making.
Nobody else was doing this.
This made my content go viral. -
3: Being vulnerable on the internet.
— Pat Walls (@thepatwalls) June 6, 2023
I documented my entire journey building Starter Story.
Revenue updates, the ups and the downs.
I started making friends online through my writing.
This put people in my corner - and I no longer felt like I was building alone. -
4: I built a paid community.
— Pat Walls (@thepatwalls) June 6, 2023
I used to rely 100% on ad revenue.
As a bootstrapped company, I knew this wasn't reliable and I needed to diversify.
So I created my own product and started charging for it.
To this day, it's still our biggest source of revenue. -
5: Always reinventing myself
— Pat Walls (@thepatwalls) June 6, 2023
Reddit was a short-term growth tactic - I knew we needed a better distribution channel.
So I went all in on SEO.
A few months later, we 10x'd our traffic and hit 1M visitors/mo.
My takeaway: what worked in the past won’t always work in the future -
6: Think Week
— Pat Walls (@thepatwalls) June 6, 2023
In May 2020, I took a "think week".
7 days. No email. No social media.
It allowed me to zoom out and realize I needed to go ALL IN on one business.
I stopped tinkering around with different projects and committed to one thing.
That month, revenue doubled. -
7: We found a home run acquisition channel.
— Pat Walls (@thepatwalls) June 6, 2023
In 2023 I decided to go all-in on video content.
Progress so far:
- YouTube: 1.5M views
- Instagram: 6.1M views
- TikTok: 6.5M views
This only feels like the beginning. -
There it is.
— Pat Walls (@thepatwalls) June 6, 2023
1,981 days of building https://t.co/nkcmLxbPpa
I'm proud of this little website.
My next goal: To help 1 billion people make money online by 2025.
Currently: 41 million.
Thank you for reading :) -
I break down lessons like these in my newsletter every week.
— Pat Walls (@thepatwalls) June 6, 2023
If you're building (or thinking about building) your own business, join 130,000+ founders here:https://t.co/Lhkv1XHYTW