Litzapp - Sell Project
Listed November 30, 2023
About Litzapp
Content Monetization Tool used to Monetize Content on Multiple Platforms
Project details
Built with: React,laravel,AWS
Website: https://litzapp.com/
Video 1: https://youtu.be/iIDHeJBv38M?si=zVDBRut8Yth-AC-Z
Next step: <p><strong style="background-color: transparent;">My Pledge</strong><span style="background-color: transparent;">:</span></p><p><span style="background-color: transparent;">Should the platform fail to gain significant traction within six months, I will resign from my role as CEO. In such a scenario, the co-founder/collaborators will have the liberty to select a new CEO for the company. However, I will retain my 60% ownership stake.</span></p><p><span style="background-color: transparent;">Achieving traction will be defined as having a community of </span><strong style="background-color: transparent;">3,000</strong><span style="background-color: transparent;"> content creators, with at least </span><strong style="background-color: transparent;">500</strong><span style="background-color: transparent;"> consistently generating content on a monthly basis.</span></p><p><span style="background-color: transparent;">According to the revenue projections in our </span><a href="https://docs.google.com/document/d/12doFF-RXAQ4eV_V150wDhAMfy5vCKqZ2nhTZ3vxda4A/edit?usp=sharing" target="_blank">Pitch Deck</a><span style="background-color: transparent;">, having just 450 active monthly content creators should generate sufficient income to significantly exceed our operating expenses, potentially resulting in a substantial profit. However, it's important to clarify that I cannot guarantee that 500 active creators on Litzapp will definitively cover our monthly costs and guarantee profitability. My commitment centers on achieving the goal of 500 active content creators within a six-month period, with the expectation that they will produce consistent monthly revenue.</span></p>
For sale
Asking price: $11,500 USD
What's included
Domain name, All related design work, Source code, Twitter account, Email account, All related data
Reason for selling
I am the sole proprietor of Litzapp.com, a venture owned and operated by Remote Analytics Jobs Inc., of which I am the 100% owner. As I explore the prospect of bringing on a Future Co-Founder/Collaborator, here are the key aspects I am considering: 1. Equity: I am open to selling a 40% stake in the business. Any potential Co-Founder or collaborator must either acquire or be part of the purchasers for this 40%. This transaction is aimed at establishing co-ownership. 2. Operations Funding: I am seeking funding for the marketing and system development operations of the business. Specifically, I plan to enlist two marketers to organically promote the system, sourced from more cost-effective regions. Additionally, I have identified a system developer available at an affordable rate. Since the current system is already functional as a content monetization tool, the new developer will serve as a backup, alleviating pressure on the existing developer and collaborating on building new features and products for Litzapp. I will personally handle the salary payment for the current developer and contribute to the monthly payments of the two marketers and the new developer. The Co-Founder/Collaborator(s) will only be responsible for salaries, totaling $2,100 monthly for the next six months, amounting to $12,600 in total. Furthermore, I will cover the cloud computing costs associated with the system. With the concerted efforts of the new marketers and the introduction of innovative features, particularly the app version of Litzapp, we anticipate significant traction within six months. Conclusion: To join as a Co-Founder/Collaborator, interested individuals must acquire the 40% business stake for $11,500 (paid upfront as a lump sum for a single co-founder or in parts for multiple co-founders) and commit to contributing to six months of salary payments, payable on a monthly basis; that is only $2,100 monthly (paid upfront as a lump sum for a single co-founder or in parts for multipl...
Project metrics
Average Monthly Revenue: Undisclosed