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Does anyone else think posts like this are trite, vapid crap that doesn't belong on HN? What could you possibly hope to learn from this thread? If I knew an ea
by il 16y ago
Does anyone else think posts like this are trite, vapid crap that doesn't belong on HN?
What could you possibly hope to learn from this thread?
If I knew an easy way to make a million bucks, I wouldn't tell you, I would just do it. Then I would scale up and replicate it 1000 times over.
I've spoken to a lot of people in the direct response industry who have made millions in simple, unglamorous businesses(like manufacturing a simple plastic thing in China and selling it via direct mail).
None of them made their money by making posts like this one.
If you insist on getting an answer:
The best way to make 1 million bucks is to offer some business $1 million worth of value. Or 1 million consumers $1 of value.
The way this is usually done is exploiting inefficiencies in the market/arbitrage.
- lionhearted 16y ago> The best way to make 1 million bucks is to offer some business $1 million worth of value. Or 1 million consumers $1 of value. The way this is usually done is exploiting inefficiencies in the market/arbitrage. Gotta factor opportunity costs - offering something that people value at $1 for $1 isn't a great deal and you won't get so many buyers. Start looking to provide a lot more than you get in return and it'll be much easier to sell. Edit: Downvotes? Seriously? Offering to sell something a person values at $1 for $1 to them is a lot harder than selling them something they value at $1 for 10 cents.