Forecasting the potential of a young company requires studying many aspects of company performance, but of course nothing is as crucial as its eventual ability to turn a profit.
And “eventual” can be far away from a company’s inception. When Amazon was founded in July of 1994, it would be over 7 years before they turned their first profitable quarter. This isn’t always a sign of weakness. Some companies model themselves in a race towards profitability, while others strategize for a long game that may deemphasize the fastest route there.
Neurohacker Collective is balancing these two approaches with a “both/and” strategy that leverages our resources for long term growth across many domains of life sciences, while also demonstrating fiscal responsibility and showing our ability to be profitable.
For those seeking short term evidence of our potential, we are very excited to announce that June marked Neurohacker Collective’s first month of net profitability!
This is a relatively fast accomplishment for any startup, but a particularly fast milestone when modeling for our scale of revenue and global reach.
That said, we’re even more excited about our plans to evolve from America’s premium nootropic company, to the globe’s premium product company for many physiological challenges: struggles with good sleep, slowing down the aging process, struggles with anxiety, and more.
We want to provide solutions for these issues because we know our formulation models are uniquely positioned to address them well.
We also know our products are currently beyond the pricepoint of many consumers. It’s always been our goal to have products priced within reach of as many people as possible. To that end, we’ve just finished development around a more affordable cognition product that will be released this fall.
We realize most citizens with limited room for financial error and limited help in maintaining homes and families experience some of the harshest daily stressors. We don’t want to exclude the people who need these types of products the most.
We thank you for the incredible first week of investment this round, yielding over $140,000 and already bringing us over 50% of the way to our maximum goal!
We also thank you for your earlier investments that allowed us to reach profitability as fast as we have.
And finally, we can’t wait to show you our expanding product lineup, just around the corner!
Privacy: We won’t share your data, or post to your wall, without your permission.
Already have a Wefunder account? Login
Don't have a Wefunder account? Signup