4 ms·

As a business owner, I can tell you this is next to useless. All you get for each entry is an amount of money and a link to their landing page. You have no idea

As a business owner, I can tell you this is next to useless. All you get for each entry is an amount of money and a link to their landing page. You have no idea how they make that amount. Sure, you can get some ideas, but they are a dime a dozen. There is no guarantee you can replicate any of those. You might fail with a better product, or thrive with something not as good. My business could be on that page. You can put me between 5K and 7K MRR. If you go to my website, you will see a landing page with an opt-in and a blog with some articles. If you join my email list, you will also get pitched my courses when I open them. You would still not have the slightest idea about: - how long it takes to write articles, or why I publish them (not) that often; - the SEO strategies I use; - how I get traffic besides blog posts; - how much I spend in advertising and where I advertise; - how big is my email list; - my positioning; - how I write landing pages, email funnels, and sales pages; - why I have those courses and why they are priced that way; - my opt-in and conversion rates, and the lifetime value of a customer; - how long it takes to create a course and how I decide what to put inside; - all the business and copywriting courses/coaching I took and I still take; - what I discuss with other business owners in my bi-weekly mastermind; - how much I spend to run the business; - how many freelancers I employ; - what are my plans to expand; - what I tried already and did not work; - why the things I do work for me but might not work for you; - and more things that don't come to my mind at the moment.

upen946 6y ago
Everyone has to start somewhere. This page may help a few people to get inspired and on top of that it quickly lists the kind of business the startup is into so people can at least get a quick idea if they are interested.
scsilver 6y ago
How much would it cost to teach what youve outlined?
- DeusExMachina 6y ago
  All of it? Probably as much as I spent to learn it, which is well over $30K at this point (over 6-7 years). And I can tell you some of that money was a great investment while other was completely wasted, but I know that only in hindsight. I would not do the teaching since I am already swamped with things to do in my business. I might do something targeted at iOS developers later this year, but it would be specific and I would not be able to teach everything I know. But there are people that teach these things. I learned mainly from Jay Abraham and Ramit Sethi. At the moment, I am part of a program with jay that costs $5K because it's in beta. The final version will cost three times as much. It's still a bargain considering that he charges $150K PER DAY plus a profit share for consulting. It's a great program, but I would recommend it only to people that already have a profitable business. Not for beginners. He has a couple of $10 books though that are definitely worth many time their price. For beginners, Ramit is a better option. He has a course called Earnable that is pretty good. His copywriting course, Call to Action, is also good. Here we are talking about $2K per course. He has some other good ones, but some of his courses are definitely not worth it. For SEO, I recommend Brian Dean. His courses cost around the same. Edit: I want to add that taking an SEO course makes sense only for some people. Web searches are only one channel to get customers and SEO takes a ton of time. Paid advertising in the right places might make more sense for some other businesses. Then there are referral strategies, partnerships, etc. How do you pick? We get back at the beginning. You need to learn the basics of businesses and then take the road that makes more sense for you.
  - superasn 6y ago
    I think you should also add Jeff Walker and product launch formula to that list. Has worked amazing results for me.
alberth 6y ago
I’d be interested to hear you perspective on Indie Hacker Interviews. https://www.indiehackers.com/interviews/page/1 https://www.indiehackers.com/interviews/page/1
- upen946 6y ago
  Same here
- elorant 6y ago
  Indie Hackers used to be good at the beginning. Then it got bought out and they flooded the site with projects the majority of which are crap.
  - upen946 6y ago
    Thats same with pretty much any major platform but still IH does a ton of things to maintain quality.
- DeusExMachina 6y ago
  They are obviously better since at least they give you some explanation of some of what they have done. I sometimes read them and I might find a good tactic here and there. The problem is that you need strategy, not tactic. There are so many, so which one should you pick? And more importantly, why do they work in their case? Case in point. I can create a new product now and make $100K-$200K in a single launch. It's simple math based on my list subscribers, my average conversion rate and my average price. I can show you those numbers. I can explain you what I do. You would still not be able to benefit. Why? Because it took me six years to reach those numbers, to understand what my specific audience wants, how to address their problems and how to write copy that resonates. I could hand you my entire list and you would not be able to make the same numbers.
  - encoderer 6y ago
    Providing a fully executable business plan is not the goal here.
atleta 6y ago
Fair enough. I still find it interesting but not as a motivator, but rather as a warning. I see quite a few professionally built web sites that have been around for years (3-5, at least based on the domain creation date in whois) and still have very little revenue which suggests that they are far from being profitable.
- DeusExMachina 6y ago
  The problem though is that it might be a hobby, a secondary source of income, or the owner is not that skilled at business. The same idea might (or might not) get much more revenue with different circumstances.

upen946 6y ago

Everyone has to start somewhere. This page may help a few people to get inspired and on top of that it quickly lists the kind of business the startup is into so people can at least get a quick idea if they are interested.

scsilver 6y ago

How much would it cost to teach what youve outlined?

DeusExMachina 6y ago
All of it? Probably as much as I spent to learn it, which is well over $30K at this point (over 6-7 years). And I can tell you some of that money was a great investment while other was completely wasted, but I know that only in hindsight. I would not do the teaching since I am already swamped with things to do in my business. I might do something targeted at iOS developers later this year, but it would be specific and I would not be able to teach everything I know. But there are people that teach these things. I learned mainly from Jay Abraham and Ramit Sethi. At the moment, I am part of a program with jay that costs $5K because it's in beta. The final version will cost three times as much. It's still a bargain considering that he charges $150K PER DAY plus a profit share for consulting. It's a great program, but I would recommend it only to people that already have a profitable business. Not for beginners. He has a couple of $10 books though that are definitely worth many time their price. For beginners, Ramit is a better option. He has a course called Earnable that is pretty good. His copywriting course, Call to Action, is also good. Here we are talking about $2K per course. He has some other good ones, but some of his courses are definitely not worth it. For SEO, I recommend Brian Dean. His courses cost around the same. Edit: I want to add that taking an SEO course makes sense only for some people. Web searches are only one channel to get customers and SEO takes a ton of time. Paid advertising in the right places might make more sense for some other businesses. Then there are referral strategies, partnerships, etc. How do you pick? We get back at the beginning. You need to learn the basics of businesses and then take the road that makes more sense for you.
- superasn 6y ago
  I think you should also add Jeff Walker and product launch formula to that list. Has worked amazing results for me.

alberth 6y ago

I’d be interested to hear you perspective on Indie Hacker Interviews. https://www.indiehackers.com/interviews/page/1 https://www.indiehackers.com/interviews/page/1

upen946 6y ago
Same here
elorant 6y ago
Indie Hackers used to be good at the beginning. Then it got bought out and they flooded the site with projects the majority of which are crap.
- upen946 6y ago
  Thats same with pretty much any major platform but still IH does a ton of things to maintain quality.
DeusExMachina 6y ago
They are obviously better since at least they give you some explanation of some of what they have done. I sometimes read them and I might find a good tactic here and there. The problem is that you need strategy, not tactic. There are so many, so which one should you pick? And more importantly, why do they work in their case? Case in point. I can create a new product now and make $100K-$200K in a single launch. It's simple math based on my list subscribers, my average conversion rate and my average price. I can show you those numbers. I can explain you what I do. You would still not be able to benefit. Why? Because it took me six years to reach those numbers, to understand what my specific audience wants, how to address their problems and how to write copy that resonates. I could hand you my entire list and you would not be able to make the same numbers.
- encoderer 6y ago
  Providing a fully executable business plan is not the goal here.

atleta 6y ago

Fair enough. I still find it interesting but not as a motivator, but rather as a warning. I see quite a few professionally built web sites that have been around for years (3-5, at least based on the domain creation date in whois) and still have very little revenue which suggests that they are far from being profitable.

DeusExMachina 6y ago
The problem though is that it might be a hobby, a secondary source of income, or the owner is not that skilled at business. The same idea might (or might not) get much more revenue with different circumstances.