Flextras - A Look Back and a Look Forward
A new year is always a great time to look forward and to look back. This is a modified version of January's DotComIt newsletter to discuss the "State of Flextras."
A Look Back
Flextras launched in January 2009 with a single component to our library. I had the five year goal of generating a half a million dollars in yearly sales and employing 5-6 people all focused on building a line of User Interface Flex Components that save Flex Developers time. The success of Flextras could be calculated in many ways, and I thought I'd share some of the metrics we use internally to evaluate our progress.
First, there is our Mailing List. Entering January, there were 239 people on this mailing list; now there are 662. That is a 277% increase in people interested in the stuff we do. We must be doing something right. I'll count that as a success. You can get on our mailing list by registering on our site and opting in.
Next, I take a look at our Developer Edition Downloads. We had 390 downloads of our AutoCompleteComboBox, and 189 of our DataSorter. While we're happy that 390 people are interested in finding out about the stuff we build, not everyone who registers on the site goes on to download a Developer Edition. We'll have to review our process to make sure it is not causing issues. This is a half success.
In a perfect world, Flextras would be releasing 6-12 components a year. That pace requires more than one developer. I was hoping to release four in 2009, but have fallen short. Building a Calendar has turned out to be a lot less trivial than I thought, and I didn't think it would be trivial. But, I've learned a lot and continue to keep moving forward. This is a half success.
Cash Flow is perhaps the most important indicator of the lifeblood of a business. From that perspective, DotComIt has had a rough year. Flextras has only generated 6 paying customers. Sales have been slowly increasing, though. I have a lot of my own thoughts as to why we don't have more sales, but if you want to chime in with yours, I'd love to hear them.
DotComIt brought in some money through other avenues including The Flex Show Pledge Drive, some small consulting projects, and some one-on-one mentoring. Unfortunately, we're still hovering near a $3K loss this year and I haven't taken any salary in ten months. These are fun times that we live in!
A Look Forward
My top priority is going to be finishing up our Calendar Component and getting that available for sale. I believe this is a big hole in the Flex community that is not appropriately filled; and I think I can be the one to fill it. You can watch The Flex Show video series for a good understanding of how we have approached our development of the component.
I expect to start offering some premium support options; and a subscription service where you can get our whole component set for a single price. I'll need to rework our web site to support such things, and may need another lawyer visit. I believe that selling a mix of support and services is one step to reaching our end goal.
I'm also thinking about our first employee. It will have to be funded by sales, but If Flextras can generate 40 sales a month, and keep up the pace consistently for six months, I'll be looking to add my first employee. It sounds like a big goal, but I plan to make that happen this year.
I'm also working on some non-Flextras ventures that should come out sometime this year.
Final Words
I'm sure that we'll have many other adventures in 2010. My own personal year in review is up on my blog now. The Flex Show's review episode will be released on Wednesday January 6th. So, tell me, what can I do to bring you on as a customer in 2010?



