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You call him a genius, yet he spent 6 years promoting a product (which I might add only took him a few days to create) that is only now just breaking the $1000
by ssp 16y ago
You call him a genius, yet he spent 6 years promoting a product (which I might add only took him a few days to create) that is only now just breaking the $1000 or $2000/month mark.
He did that while working a substantially-more-than-full-time salary man job.
- rick888 16y ago"He did that while working a substantially-more-than-full-time salary man job." I know. He put lots of effort into his products. However, success is based on results, not effort. A successful business to me means you can pay all of your bills, the business's bills, and have some savings with revenue. If he isn't quitting his job, it means: 1) His business isn't making enough for him to survive or or 2) It's making more than enough, but he still has enough time during the day to run his biz and hold down a full-time job. Just looking at the numbers, it's obvious it was #1. Still, he only just quit his job after how many years? A smart business person needs to know if there is a market for their product and if that market is profitable enough to sustain a business. It's obvious the bingo card market is very small and probably won't reliably sustain a business. Even the main users of the bingo card creator app are very cheap and probably won't be willing to pay for very much. So we have a small niche market with users that aren't willing to spend money a lot of money (or can't afford it). The question is: if he finds out that his new service (the appointment reminder) has a small, unprofitable market, will he waste another 6 years trying to make it a success?
- rick888 16y agowhy is this modded down? The patrick ass lickers of HN must be out today.
- deleted 16y ago[deleted]