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Launched in 2016 for free. Started making money in 2018 with $3,000+ MMR. Referral only (side) business. I work full-time as an engineer/principal in growth. I
by rayraegah 7y ago
Launched in 2016 for free. Started making money in 2018 with $3,000+ MMR. Referral only (side) business. I work full-time as an engineer/principal in growth.
I conduct a form of ethnography, embedding myself in the lives of consumers the way Margaret Mead did among Samoans. I interviews my subjects and the people around them, itemizing the contents of their home (photographing and videotaping), and accompany them as they progress through their day. Then I sift the resulting information for weeks, even months, looking for connections and telltale behaviors.
The service is used mostly by founders for small businesses and startups. I takes questions about sales figures and product lines and reconfigures them into questions about worlds, the context in which people unthinkingly live their everyday lives. The idea is that examining the beliefs and unconscious biases that people have will eventually yield profitable insights for these businesses.
So far, I've done market entry for a few Chinese companies into Japanese market, helped indie game design company launch a successful game, a boutique lingerie shop launch a new summer line, street musicians, and a few cafes and bars.
I do this on the side with hopes to go full time into it soon.
- grok2 7y agoThis is the most fascinating side business I've read of! Does what you do ultimately help whoever you are following in their business? Have you seen them make changes that have helped the business in small or even larger ways?
- rayraegah 7y agoThe goal of my side project is to use human science to put people back at the center of business decision-making. I work specifically with the founders of business and not their sales or marketing personal. Studying consumers on their own isn’t enough to be successful. I look at all the data I can regarding technology, marginal practices, client and industry data, and speak to many experts with knowledge on the topic. I analyze the assumptions underlying what I observe happening and identify the gaps (e.g. between the client’s assumptions about their customers and what I observe in the real world, or between the industry’s assumptions about the future and consumers’ marginal practices). Analyzing these gaps helps me see white spaces that have impact in the market, which allows me to advise my clients on where the market is likely to be years out and ensure that my recommendations are actionable. Since these are new perspectives they often make it actionable. Execution is something they handle and all of my clients have seen a change. Most are repeat customers.
- hhs 7y agoThis sounds interesting. Did you build an app for this type of ethnography? And do you collect and make sense of qualitative information?
- rayraegah 7y agoThe philosophy behind my approach to research is based on the phenomenon, the science of how things are experienced. I start by working with my clients to identify a human phenomenon at the heart of their business. I use psychographics to define customer values, opinions, and life-style.
- alexose 7y agoThis makes me so happy as an anthropologist-turned-programmer.
- rayraegah 7y agoI'm trying to go from programmer -> anthropologist. I could use all the help, advise, and connections I can get.
- kiic 7y agoThis is really interesting. It sounds like this is a form of consulting where would-be founders outsource the idea-gen / problem discovery work to you. How does the problem statement from the client manifest -- is it usually something like "I want you to determine if there's a market for X", or "I want you to explore this demographic of people," or something else?
- rayraegah 7y agoClients come to me with major and fundamental business issues, characterized by a high degree of uncertainty. Most of my work is focused on helping my clients get a view of their business from outside.
- neurotrace 7y agoWhen I look up MMR I get "measles, mumps, and rubella." I assume that isn't what you're referring to.
- dantillberg 7y agoI think the parent meant "MRR" -- monthly recurring revenue.
- sourceless 7y agoProbably meant MRR
- jnordwick 7y agoAntivaxers are popping up everywhere.
- rayraegah 7y agoMRR (Monthly Recurring Revenue). Sorry about the typo. To clarify its from retainers.
- michaelscott 7y agoAs others have mentioned this is a very interesting side gig. How did you find leads on these companies to turn this profitable though? I imagine any company that does this sort of research would have to be relatively forward thinking.
- rayraegah 7y agoI used to be in technology consultancy and I built relationships and kept in touch. I sent out a newsletter, some reached back and asked for more information, others made introductions and got me connected. Most of the business I get is through referrals / word of mouth. My base of operations is in Tokyo right now and there's a lot of demand for these services once people hear about it. Often people approach it for curiosity and then I work my leads to turn them into clients. Not all companies were forward thinking but they have a common traits: empathy, more concerned on providing value to their customers, and emphasize long-term problem solving over quick fixes.
- Sileni 7y agoI think this is a fascinating project, but I have to ask. How do you get your foot in the door with consumers? I'd feel a bit sketched out if someone showed up and just asked to follow me around for a while. What's the incentive?
- sharkweek 7y agoI have done a lot of consumer research for a previous job - I honestly think if you give someone an ear to talk to about almost anything a lot of people will do it. With that being said, you might get a handful of, "no, absolutely not that's creepy" responses to the request, but if you ask enough people someone will say yes and be excited about it.
- rayraegah 7y agoThis is absolutely true. I also ask my clients for customer contact information and reach out to them until I have enough subjects. Do not be discouraged by the no’s. Starting with friends and network is an option. It also helps if you have a code of conduct/governance documentation for them to read and understand how their data is gathered and used. I usually send a copy of all data to my subjects with a thank you letter and how it helped (with a gift card).
- rayraegah 7y agoGetting started was (really) hard. There are agencies out there who enable the connection between the researcher and consumers for a fee. These agencies usually have a directory of people who volunteer for this type of research work. It also helps to build a network, for starters I partner-up with many prominent content producers on YouTube and Twitter and pay them a small fee for introductions. I also pay the people I study on the field (but not always, some are happy to help once they understand what it's for). A lot say no, but you only need a few yes. It's about drawing insights from a small set of data.
- exolymph 7y agoPeople like attention, especially if you care about what they're saying and take their needs and frustrations seriously.
- adam_ellsworth 7y agoOn ethnography what books would you recommend?
- rayraegah 7y agoI've been reading books on philosophy, cognitive science and behavioural psychology for half a decade. For ethnography I don't have any recommendations. I've read books largely to complement my thinking, phenomenology and existentialism. Here's what I've read (notable ones): Being and Time – Martin Heidegger The Principle of Reason – Martin Heidegger Phenomenology of Perception – Maurice Merleau-Ponty New Reflections on the Revolution of Our Time – Ernesto Laclau Introduction to Metaphysics – Martin Heidegger The Basic Problems of Phenomenology (Studies in Phenomenology & Existential Philosophy) – Martin Heidegger History of Western Philosophy – Bertrand Russell
- kingbirdy 7y agoHow do you do this while also working as a full time engineer?
- rayraegah 7y agoI negotiated with my current employer, sacrifice salary for time. I get a few extra hours each week. My full-time job doesn't demand a lot. I manage it quite well and get things done during business hours. I manage my time quite well, I get eight hours of sleep everyday and the rest I try to be productive. I have a wife who understands what I'm trying to do and helps me out. Needless to say I work on weekends and holidays and gave up all hobbies. It's not easy but it's a choice. This has helped me build habits and a discipline. I am mindful and try not to bite off more than I can chew i.e. understand my limits. My side project has also changed the way I think about engineering problems and solutions. Since I work on the growth team its complementary rather than diverging.
- ayh2 7y agoThanks for sharing your experience. I'm interested in your service. How should I contact you to discuss details? Thanks.
- rayraegah 7y agoRight now it is referral only but you can start here [0]. I'll reach out to you for a preliminary hearing/meeting. [0] https://forms.gle/ehuzNXmtdjCBgsjP8 https://forms.gle/ehuzNXmtdjCBgsjP8
- arsalanb 7y agoLogged into my HN account just to upvote and thank you for this. Is there a way I can contact you about this to learn more about your services?
- rayraegah 7y agoIf you fill out this short form, I’ll reach out to you. If you just want to chat casually I’m on Twitter, same username as HN. https://forms.gle/ehuzNXmtdjCBgsjP8 https://forms.gle/ehuzNXmtdjCBgsjP8
- tchock23 7y agoHow do you convince founders, small businesses and startups to pursue this kind of ethno work? In my experience only big companies with dedicated consumer insight teams have the budgets and patience to do this kind of exploratory qualitative research. Just curious as to how you’ve ‘sold’ this service in to smaller organizations...
- rayraegah 7y agoI did not market or sell this service. Back when I did this free, I worked closely with my mentor who had a startup (which later was acquired by a publicly listed company). I helped his company a lot. They were building an BI platform for big data. That success gave me wings for a while. Word of mouth referring helped and I only took on clients who were recommended to me (i.e. they were aware of it) Sometimes I meet business owners and founders at meetups or for lunch and we organically start talking about what we do (with no intention to sell). I always try to make the other person curious and then feed their curiosity. Also, I do an initial consultation for free. The motivation is not money and my rates are pretty compelling (low) for the ROI I promise. Not every small business takes the opportunity but some did.
- hammock 7y agoDo you live in Japan, the US or somewhere else? I work in marketing strategy and we use in-home and other ethnography vendors all the time. I'd be interested in someone who can work in Japan/APAC, or even to have someone else to call here in the US.
- rayraegah 7y agoI live in Japan and presently focus on the Japanese market. I do provide remote services to a few startups in california but their audience is usually online and has ties to Japan. I'm happy to listen to you. You can fill this form [0] out and I'll react out to you by the end of the week. [0]: https://forms.gle/fafgq2kBTEQiMjsm7 https://forms.gle/fafgq2kBTEQiMjsm7