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You'll want to divide again by hours worked per year, since that's where the true payoff comes from running your own business. Imagine a SaaS product that brin
by jasonkester 11y ago
You'll want to divide again by hours worked per year, since that's where the true payoff comes from running your own business.
Imagine a SaaS product that brings in just shy of a single Bay Area dev salary. Is that a success for a single founder who has put six years into building it? Of course not, right?
But what if said single founder now needs to put in roughly 100 hours per year to keep that business ticking along and delivering that salary? What if he can spend another 1000 hours per year building the next product, leaving a little over half the year to pursue his dream of competitive kite surfing?
Stick that into your curve, and I bet it'll trend a little more up and to the right.
- noname123 11y agoThank you jasonkester, it is indeed very complicated because to be nitpicky, you have to consider the growth or decay of the said established SaaS business over the years, the probability of the next SaaS business taking off; which I'd go out on a limb and say is highly variable but assume the median case to be: steady of loss of income from established business (e.g., BingoCard Creator) and very high risk/reward of next business in pipeline taking off.