Total Upfront Costs: $275,655 (App development, design, legal fees)
Ongoing Annual Costs: $832,805 (Salaries, marketing, server hosting, data management)
Fundraising Goal: $1.5M (To cover app development, marketing, team expansion, and operational costs for the first 2 years)
Year 1:
Revenue: $270,000
Users: 10,000
Premium Subscribers: 500
In-App Purchases: $60,000
Affiliate Revenue: $15,000
Year 2:
Revenue: $508,000
Users: 15,000
Premium Subscribers: 900
In-App Purchases: $90,000
Affiliate Revenue: $22,500
Year 3:
Revenue: $958,750
Users: 22,500
Premium Subscribers: 2,250
In-App Purchases: $135,000
Affiliate Revenue: $33,750
Year 4:
Revenue: $1,425,000
Users: 30,000
Premium Subscribers: 3,000
In-App Purchases: $200,000
Affiliate Revenue: $50,000