The Ledger
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Adams: Elite Daily started off paying writers $20 to $25 per article
“We started off with paying people like 25 dollars, 20, 25 dollars, you know, to write articles.”
Adams: Elite Daily initially bought traffic and boosted Facebook posts
“Initially, yeah, we did have services to help us boost traffic. We used Facebook, you know, boosting articles, and we did spend money on, on figuring out how to also get traffic to this site quickly.”
Adams' marketing agency hit $10M annual revenue with five people
“I actually got up to ten million dollars a year in revenue with like a small team of like five of us by the time I was 24.”
Adams: Elite Daily reached 80M monthly unique visitors when acquired
“Well, at the time that we sold it, we were at eighty million unique visitors.”
Adams: Elite Daily Was Bootstrapped with Around $60,000 Initial Capital
“The total capital like bootstrapped was around 60,000.”