6 ms·

Thanks for sharing! That’s the downside of mediocre success. Too little money to outsource tasks, too much to abandon and allocate your time resources elsewhere

by dstick 6y ago

Thanks for sharing! That’s the downside of mediocre success. Too little money to outsource tasks, too much to abandon and allocate your time resources elsewhere. Glad you made the right call and I hope you find another passion project soon!

HeyLaughingBoy 6y ago
Maybe I live in a totally different universe, but it's really hard for me to consider a software product that grossed $100k to be a "mediocre success."
- xVedun 6y ago
  If the work and stress is spread out over two or three years. It's likely that the time spent could easily be outweighed by many other jobs/projects,
- shakow 6y ago
  It depends on how it comes out once you divide by the time & resources you invested in the making of the game.
- dstick 6y ago
  Hehe same here but, the poster mentioned 2010 and total revenue. If it’s $100.000 in 1 year, then sure! That would probably have potential for growth as well. This didn’t read like that :) A revenue of 100.000 spread over 2 years wouldn’t be enough to support me and my family. Living in a Western Europe country. I’d prefer freelancing (or a job) for income in that scenario, over making ends meet with a software product and battling off copycats and whatnot. It should grow month over month and if it stalls for a year+ at low revenue, that’s most likely bad and I’d kill it, considering it a mediocre success! Hope that makes sense :)
  - dpcan 6y ago
    I think the first $70-80k were in the first year, then I made about 60 from games over the following 2 years.... if my memory is correct, and I think it is.
- qes 6y ago
  In my universe, I make that (net even, not gross) in half a year with essentially zero responsibility for marketing, taxes, customer support, etc. - nobody can realistically steal my work and cut into my wages with it - far less stress - and I keep making that over and over again every 6 months without having to do anything really that new or different. In comparison, a game that grossed $100k, which I have to pay self-employment taxes on, and perhaps app store fees out of that too, sounds awfully mediocre, at best.
  - dpcan 6y ago
    Do you have a game or other kind of app?
    - marktangotango 6y ago
      I think GP is referring to a w2 job or consulting gig.
      - dpcan 6y ago
        LOL, yep, it's tongue in cheek, did not catch that. He has a point. But as an entrepreneur, I'll probably go through all of this again and again and again. Can't help myself.
      - qes 6y ago
        Correct.
- ido 6y ago
  $100k in revenue is a lot less than $100k in gross salary (let alone net) - probably more like $65k/year which is less than you can earn as a developer as an employee or freelancer (depending on where you are of course, but even here in Berlin you'd earn more than that and in US tech hubs you could earn 3x what you'd earn for the same job in Berlin). If they are really senior & in a US tech hubs total comp from a FAANG could be almost 10x that.

by dstick 6y ago

HeyLaughingBoy 6y ago

Maybe I live in a totally different universe, but it's really hard for me to consider a software product that grossed $100k to be a "mediocre success."

xVedun 6y ago
If the work and stress is spread out over two or three years. It's likely that the time spent could easily be outweighed by many other jobs/projects,
shakow 6y ago
It depends on how it comes out once you divide by the time & resources you invested in the making of the game.
dstick 6y ago
Hehe same here but, the poster mentioned 2010 and total revenue. If it’s $100.000 in 1 year, then sure! That would probably have potential for growth as well. This didn’t read like that :) A revenue of 100.000 spread over 2 years wouldn’t be enough to support me and my family. Living in a Western Europe country. I’d prefer freelancing (or a job) for income in that scenario, over making ends meet with a software product and battling off copycats and whatnot. It should grow month over month and if it stalls for a year+ at low revenue, that’s most likely bad and I’d kill it, considering it a mediocre success! Hope that makes sense :)
- dpcan 6y ago
  I think the first $70-80k were in the first year, then I made about 60 from games over the following 2 years.... if my memory is correct, and I think it is.
qes 6y ago
In my universe, I make that (net even, not gross) in half a year with essentially zero responsibility for marketing, taxes, customer support, etc. - nobody can realistically steal my work and cut into my wages with it - far less stress - and I keep making that over and over again every 6 months without having to do anything really that new or different. In comparison, a game that grossed $100k, which I have to pay self-employment taxes on, and perhaps app store fees out of that too, sounds awfully mediocre, at best.
- dpcan 6y ago
  Do you have a game or other kind of app?
  - marktangotango 6y ago
    I think GP is referring to a w2 job or consulting gig.
    - dpcan 6y ago
      LOL, yep, it's tongue in cheek, did not catch that. He has a point. But as an entrepreneur, I'll probably go through all of this again and again and again. Can't help myself.
    - qes 6y ago
      Correct.
ido 6y ago
$100k in revenue is a lot less than $100k in gross salary (let alone net) - probably more like $65k/year which is less than you can earn as a developer as an employee or freelancer (depending on where you are of course, but even here in Berlin you'd earn more than that and in US tech hubs you could earn 3x what you'd earn for the same job in Berlin). If they are really senior & in a US tech hubs total comp from a FAANG could be almost 10x that.