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4 years of one's life just for a 100k exit? Honestly that's the kind of thing that I got into software to escape. Edit: I mean this literally. I spent three an
by xiaoma 10y ago
4 years of one's life just for a 100k exit? Honestly that's the kind of thing that I got into software to escape.
Edit: I mean this literally. I spent three and a half years building a brick and mortar educational business that exceeded the success of the one in this article by some margin. I left that business to learn web development skills because of the slow painful growth in a shrinking offline market.
Perhaps, this makes me an unreasonable person but I truly did get into software to escape that. I want to either give far more to the world in terms of impact or earn enough to fund someone else who can.
- mixmastamyk 10y agoThere was also monthly income. Honestly I'm happier he shows realistic numbers.
- jv22222 10y agoWell, that was a first attempt. A lot of people spend a lot longer than 4 years not making a first attempt. Then, when you know how to do something you can be faster at it next time round. But, in all honesty, I don't know anyone who built a business in time less than 3-4 years.
- deleted 10y ago[deleted]
- AsyncAwait 10y agoI'd argue the gained experience and skillset was worth much more than 100k.
- the-dude 10y agoWhat was it? Gratuious negativity?
- dangrossman 10y ago4 years earning an above average household income while working for yourself from home, followed by selling at 28x monthly revenue, which will be taxed as a long-term capital gain instead of income. There's not much better you could ask for....
- tobltobs 10y agoIf I did understand the numbers correct this is a 5583 monthly salary. Which might be ok if you don't account for the risk.
- kowdermeister 10y agoI spent about 3 or 4 years with €0 exit at an unthinkable opportunity cost. I can only cheer for this guy.
- jondubois 10y agoAs a software developer, if you have an appetite for risk; you're always better off doing recurring (well paid) contract work for some big corporation than playing the start-up lottery. This 100K exit is actually quite an achievement I think.