3 ms·
Building something actually drastically reduces the requirements. OP stated $2.2MM to live off of the interest ($80k/yr); put it another way, OP wants a passive
by acconrad 9y ago
Building something actually drastically reduces the requirements. OP stated $2.2MM to live off of the interest ($80k/yr); put it another way, OP wants a passive income stream of $80k/yr, which can come from $2.2MM invested via the 4% withdrawal rule.
In the case of building something, that replaces the need for $2.2M in capital, which means the 75mm page views/mo reduces down to 2.7mm views/mo, or in the case of the SaaS business, looks something like:
$1 of value to 80,000 people / year
$1 of value to 6,667 people / mo
$5 of value to 1,334 people / mo
$6.67 of value to 1,000 people / mo
$10 of value to 666 people / mo
The key insight is that $7/mo (in perpetuity) from your "1,000 true fans" gives OP the lifestyle he/she is hoping for.
- sn9 9y agoThe problem with this is that no service is likely to maintain that level of profit indefinitely in the way that $2.2m of capital will. In fact, it might be easier to build one product that millions of users pay $1/year for a few years than it would to get $1/year from 80,000 till one's death.