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In my side projects, I am influenced by a book I read few years ago: The $100 Startup by Chris Guillebeau. I only do projects that have potential to bring reven
by akg_67 11y ago
In my side projects, I am influenced by a book I read few years ago: The $100 Startup by Chris Guillebeau. I only do projects that have potential to bring revenue. I use the following milestones to decide whether to keep project alive or not. Once a project is cash flow positive (ramen profit), I only reinvest cash flow.
$100 + time before project goes live
$250 + time after launch and until revenue generation
$1,000 + time after revenue starts coming and until cash flow positive
- vsakos 11y agoCan I ask you where do you look for potential project ideas?
- akg_67 11y agoMost of the projects are scratching my own itch. I don't intentionally look for project ideas. Why didn't I think of that. I wish I could do this. This could also be applied to this (something unrelated). These type of thoughts and questions typically trigger the potential project ideas. If unconsciously I keep focusing/thinking more about them for a while, I know I am on to something worth further investigating.