We’re celebrating 2 years in business this month. With 8 out of 10 entrepreneurs who start businesses failing within the first 18 months, I’m pretty happy that not only are we still here, we’re growingly strongly.
We’ve managed to double revenues and profits over the same quarter last year. In the last month we’ve hired a senior software engineer and a sales and marketing assistant.
How was I reminded of our birthday? Our domain expired and we couldn’t receive emails. It bought back a memory from two years ago, my credit card was charged for some domains I’d bought for a previous business that had failed. I’d set the previous business domains to auto-renew. I didn’t have much money so even though it was only $30-$60, it really stung. So, when I bought the domain for terem.com.au I said “no way am I going to auto-renew in case I annoyingly get charged again.”
Luckily a quick call to our domain name registrar sorted everything out and we were back in operation within an hour or so.
I’m comforted by the fact that I’m not the only one this has happened to, Microsoft forgot to renew their hotmail.co.uk domain.
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