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Ask HN: How many of you built a profitable startup while having a day job?
- Maro 15y agoYou mean "profitable side-project"? "Startup" usually means a company that fulfills a few of the below: - something the founders do full-time - less than 3 years old - in a bootstrap phase or burning VC money - in search of a business model (not yet profitable) - has the potential to grow
- EwanToo 15y agoSurely it only has to fulfill one of those, that it's relatively young? A profitable startup with a great business model which doesn't need to give away ownership for VC money is the perfect startup. Any business that's new counts as a startup for me.
- peeplaja 15y ago"A startup is a human institution designed to deliver a new product or service under conditions of extreme uncertainty." -- Eric Ries
- Maro 15y ago"A startup is an organization formed to search for a repeatable and scalable business model." -- Steven Blank
- daliusd 15y agoYou are nitpicking and not delivering answer even if you are right. What if I have officially registered company that fulfills all of your points but full-time?
- _delirium 15y agoThe "bootstrap" part can include initial phases being funded by a day-job or consulting though. People don't always quit their jobs right at the beginning, but might if it starts taking off.
- Maro 15y agoNo problem with that, I just think "project" is a better term as long as it's an after 6PM affair. To me a "startup" implies additional commitment and risk due to the absence of a cushy day job.
- Duff 15y agoI think that you're talking about a very specific type of startup business. People start and build businesses while employed all of the time. Some of those businesses require that the owners devote their full energies to them at a certain milestone. Others do not -- plenty of software and consulting roles do not require 100% commitment, particularly if you have a flexible employer and can bootstrap. Many college professors have side gigs, for example.
- Maro 15y agoYou said it: "consulting roles", "side gigs". Why overload "startup" with something that can be better described by calling it what it is.
- Duff 15y agoYou kinda missed the point. Consulting can be a side gig that stays a side gig. Other businesses can start slow/small, but you reach a point where you need to choose between the full time gig and your startup. There are a few clear examples of this phenomenon in this thread.
- j45 15y agoThis is such a brilliant point. I find the coder "puritanism" leaking into startups and I can't say I agree with it. Starting a business has been done in many ways. Having been in business for 15 years I have gotten to meet a lot of other small business owners and there is as much variety in how established businesses came to be. Having this delusion of its only a "real" startup if you do it this way is hogwash. So many great businesses were built on hard work, sacrifice, long hours, juggling more than one thing at once, until the new business could stand on it's own two feet. Knowing when, and what your new business needs (more time, stepping away from other obligations) is a critical skill. Simply committing all of your time to one thing without a wider business, or varied experience can in some cases be a detriment.
- ticks 15y agoI agree with this comment. Saying 'start-up' has a load of baggage and hype attached to it... better off just saying something like: spare time project. There are lots of people running websites that make money, but I don't think they would call them start-ups.
- vaksel 15y agoDoing a startup is 90% waiting, and 10% doing. It's perfectly possible to do one on the weekend. Especially since coding is a tiny iota of actually doing one, most of it boils down to marketing anyways
- digitalengineer 15y agoI must be doing something wrong then. I'm constantly running out of time. I'm always thinking about who to meet, who to talk to, what to change in order to become better. Not to mention optimizing text, updating the blog, doing the paperwork... I don't understand the 'waiting' part really.
- vaksel 15y agothen you probably just started...I don't mean the first few weeks after you launch...there is plenty of things to do then. I mean that period for all sites after the launch coverage, the time where your traffic goes down to almost 0. Who to meet/who to talk to...should have been done prior to launch. optimizing text? it takes a while to do a/b testing if your traffic is tiny...same goes for seeing results from marketing campaigns. updating the blog? that takes a few hours each week. I mean sure, there is plenty of things to keep you busy, but most of it is just busy work you assign yourself because you are thinking "hey, I'm doing a startup, I should be doing something"
- digitalengineer 15y agoI am just getting started indeed. However, I talked to a lot of potential users and did the research before I started. Checked out the legal stuff, negotiated with lawyers and developers. But I don't stop talking / researching now I'm actually running it. I'm asking (potential) users for feedback all the time. I'm planning a new price-strategy, meeting a former competitor, talking to models and to commercial photographers the next two weeks. It's amazing how one talk leads to the other. Also because I'm on a tight budget I try to help other people so they can help me out. Blogging about it as well: http://royfreemod.tumblr.com/ http://royfreemod.tumblr.com/
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- raju 15y agoThere was a similar discussion (on side-projects) on HN a while back - Perhaps it will help the discussion? http://news.ycombinator.com/item?id=2795760 http://news.ycombinator.com/item?id=2795760
- whirlycott1 15y agoI started StyleFeeder in January, 2005, built it into a profitable company of 8 people and sold it to Time Inc in January 2010. From January, 2005 through May, 2006, I worked on StyleFeeder on the side - while I had a pretty demanding day job, mind you - as I built up the basic business... until I had invested so much time and effort into it that I was maxed out and needed to find a way to work on it full time with the help of others. I don't see any plausible way that I could have made it into anything significant while at the same time working a day job. I think some people can do it with some businesses, but I think it would have been impossible in my case. But the bootstrapping phase, yes, I think you can do that while working a day job. That's very common. More details here: http://www.whirlycott.com/phil/2011/08/05/stylefeeder-history/ http://www.whirlycott.com/phil/2011/08/05/stylefeeder-histor...
- geoffw8 15y agoHey - we're building a similar site (fashion search, UK based), and yours has always been one of our comparison sites. Nice job, didn't realize you were a HN'er :)
- whirlycott1 15y agoGood luck to you with your new venture! I'm easy to find online and will be happy to answer any questions if you like.
- Liu 15y agoVery interesting post, is there a one detailing how you started?
- whirlycott1 15y agoSorta... http://www.whirlycott.com/phil/2005/10/17/stylefeeder-step-1-start/ http://www.whirlycott.com/phil/2005/10/17/stylefeeder-step-1... LMK if that's not what you are looking for.
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- digitalengineer 15y agoI'm doing that right now. My startup is selling you, your kids and the girl next door. Heck, I can even sell your grandmother! Advertising agency's (my day job) can rent them for a fixed price. Royalties included. (I'm not spamming. You're not my targets and only Dutch people can read it anyway). But have a look at the several hundred people that signed up if you're interested: http://royaltyfreemodels.nl/zoeken/page:11 http://royaltyfreemodels.nl/zoeken/page:11 (It's run on CakePHP for the interested).
- nathanbarry 15y agoI did. My iPad app was at $19,000 in profit before I quit my job to focus on it. The details are here: http://news.ycombinator.com/item?id=3238834 http://news.ycombinator.com/item?id=3238834
- nischalshetty 15y agoI had read your post when it was published. Very cool, has a social touch and inspiring!
- nathanbarry 15y agoThanks!
- swalberg 15y agoI built an online payroll service for Canadian families who hire staff like nannies or home care workers, or small businesses that wanted a very simple payroll solution. At the same time I had a day job. I wasn't raking in money but I had customers and my revenues exceeded my small expenses. Over the summer I sold the company and went to work for the acquiring company. In retrospect, this was probably the best move for me (I had considered taking investment to move to it full time.) Like one of the answers above, I don't think I could have grown the business significantly without spending more time on it, and for me (day job, 3 young kids) this was the only way I could have done it.
- bluesmoon 15y agoAsk me again in 6-8 months. We haven't launched yet. Both me and my co-founder have day jobs.
- daliusd 15y agoWhat's the point of this question? There are people who did that and that's possible. patio11 is one example and I must say very good one. I am example of person who has not managed to do that in 3 years but I have learned a lot and my trial contributed to my well-being in many positive ways. Some of those are like salary growing faster than planned and some are small but pleasant things like Nokia N950.
- daliusd 15y agoI would love to know why I am downvoted.
- jasonlotito 15y agoBecause you aren't contributing to the thread, just complaining.
- daliusd 15y agoIt looks like two options: you have read only first sentence of my comment or I am not clear enough. I have tried to do two things: 1) I have encouraged question's author to do that anyway even if there will be no profit because that has indirect positive effect; 2) I have tried to point out that such question is wrong to ask and there is very simple reason for that. It will attract only people who have succeeded in doing that: they will write what they did, maybe how they did that and maybe will try to identify reasons why they succeeded (not necessary correctly). For every successful startup there are 10 unsuccessful (unprofitable) and if stating the reality is complaining then well OK - all who downvoted me has right to live in their rosy dream illusion world where they get rich just by reading HN.
- jasonlotito 15y ago1. You asked, I answered. I did/can not up vote or down vote your post as a result. 2. The OP asked a question, and you questioned why they should ask. More importantly, you merely pointed out that yes, people have, and have not been successful at it. 3. If you intended for something else, you weren't clear. Mostly because you didn't say anything. What you did say didn't amount to something that offered anything constructive, hence the down votes. > For every successful startup there are 10 unsuccessful (unprofitable) and if stating the reality is complaining then well OK - all who downvoted me has right to live in their rosy dream illusion world where they get rich just by reading HN. But see, you didn't say that. You didn't come close to saying that. You might think you did, but I assure you, you didn't come close. Your comment wasn't insightful or intelligent. You wanted to know why you got down voted, I told you. Don't try and now pass this off by labelling those who down voted you.
- amdev 15y agoMy partner and I started return7 with $800 (mostly design, Apple dev fee, etc.) in 2008 when the App Store opened up. BillMinder, our main app, is profitable.
- ry0ohki 15y agoI'm not sure if they are considered startups per say, but I've started two profitable companies while working a day job (to the point where I could quit my day job!) http://www.AUsedCar.com http://www.AUsedCar.com and http://www.BudgetSimple.com http://www.BudgetSimple.com . I should say I also created a failed startup during that time. The biggest difference between the successes and the failure were that the successes did not require me to answer phone calls, make sales etc... In other words, completely passive income businesses are the easiest to do with a day job.
- timimit 15y agoHi ry AUsedCar.com How does that site compare in a very busy market with established big name players? Thanks
- ry0ohki 15y agoIt's very difficult to compete with the big names, but even .01% of a huge market adds up to something significant. edit I should also say I started this a LONG time ago, so I have a long tail SEO advantage. I wouldn't envy anyone trying to start a used car site today.
- mzarate06 15y agoHow much did that discourage you in the beginning (the thought of it being extremely hard to compete w/the big names)? I ask b/c I've been developing an app of my own and this is one of the doubts I have. I love building stuff too much to let that stop me, but it's still something I think about from time to time.
- ry0ohki 15y agoWell the beginning was 1995, so I was competing with Newspapers and Weekly Magazines more then websites. People would refuse to let me list their car for free because they were scared of the Internet.
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- forcer 15y agoI started doing affiliate marketing and building websites on the side for about two years before handing my notice. I could have quit after few months where my revenues from the side job exceeded what I had in my day job as a software developer. Nevertheless it took about 2 years because I was scared, I should have quit much sooner. Now 4 years later we are doing 7-figures a year. I think its the best way to start a company because you are only risking sweat-equity. The danger is that your day job holds you from growing your startup more.
- acangiano 15y agoWhat's the per-site median monthly income?
- paulhauggis 15y agoIt can work, but you can easily burn yourself out. Rather than working 8-10 hours on your startup and having some free time. You work 8 hours and spend all of your free time on your startup. I prefer getting some capital saved and then quitting your day job.
- brackin 15y agoI've achieved this in school if that counts. GetDealy which runs flash sales for designers and geeks has 35,000+ users and 2.3 million credits earned, which is our rewards system. http://getdealy.com http://getdealy.com
- jasonkester 15y agoI have two profitable SaaS products that were built while I was theoretically working full time on something else. I was a bit fortunate that my "something else" was Consulting, which you can ramp down by exactly as many hours per week as you'd like to devote to your side project. The thing is, if you use the term "Startup" here to describe anything other than a zero-profit 80hr/week scramble for VC funding and eventual acquisition, you're going to get people popping up and claiming that what you're doing is not startuppy enough to count. So for the benefit of that crowd, you might want to rephrase your question in terms of building a product that brings in enough revenue to quit your job. If that's what you want to build, then yes. It's absolutely possible, and there are dozens of people here who have done so.
- donnfelker 15y agoWell said.
- prayag 15y ago>you're doing is not startuppy enough to count I have always had a problem with that. A start-up is a start-up if you decide it's a start-up and want to transform it into a viable business. There is no magic line that you have to cross to transform your project into a start-up. I always advice people to call their projects a start-up from the beginning.
- riffraff 15y ago> I always advice people to call their projects a start-up from the beginning Could you expand on why you advice this, meaning, what is the advantage of it? According to your post simple message above it could be the other way around (always call your startup a project).
- prayag 15y agoFirst of all, it makes you take it seriously. It's not a side project that you are doing. You think of it as work as something that is going to pay your bills at some point. You work harder, you take smarter decisions and you start thinking about customers early. Secondly, other people take it more seriously. Everyone has some sort of a side project, very few people have a start-up. They give you more time and listen to your more intently. All anecdotal, no data to back any of the claims.
- DougN7 15y agoIt took me 10 years of working on a few apps on the side, but today they are a $600K/year business and my full time job. Not the shoot-for-the-moon social apps everyone wants to do, but I'm quite happy.
- roel_v 15y agoDesktop apps I presume if you've been working on them for 10 years? B2B or B2C?
- veyron 15y agoWhat do you mean by built? I ask because some people have noncompete or other contractual obligations that prevent launching a startup.
- davidhansen 15y agoraises hand My current company started out as a side project. I decided to make it a fulltime project after about three years. We are quite profitable. Today, we operate a few "premium" domain name businesses, but we started with a rather obscure one, and did well enough to purchase more properties from cash flow.
- bradleyland 15y agoI found it incredibly difficult to provide the value I'd expect out of an employee at a "day job" while building my business on the side. Ultimately, I took a different route. Note that this plan works best for young, single folks. This is also not a "get rich quick" scheme. Positioning myself took about three years on its own, much less getting going on a start-up. Keep in mind that this was my plan. It is not the only (or best) plan, but it worked for me. * Position yourself for minimum cash outflow. Minimizing your cash needs means you can take bigger risks. I found a decent 500 sq ft apartment and drove a cheap car. Without a family, all my other expenses were dirt cheap. * Save up a three month buffer and strike out on your own gig, but not your start-up yet. I chose consulting because the income potential is so high and it provided a great networking opportunity. I doubled my annual income (from my old salary) within a year, but far more importantly, I was able to accomplish a few transitional steps in getting my start-up going: - I built a relationship with a great developer by feeding him work from consulting clients. - I built relationships with other business owners and took a lot of time to understand their business. - Ultimately, I met the person who would connect me with the greatest team I've ever worked with. By the time I found the right team and opportunity, I had a year's worth of expenses saved up, and a small amount of money to contribute to the operational expenses of the company. Coming to the table with cash in-hand gained me a lot of respect from other team members. Because everyone came to the table with their own income streams, we were able to bootstrap and now, 100% of our equity is founder owned. That's a pretty exciting reality for us.
- clistctrl 15y agoI've been thinking about going on a similar path. I've already built up the buffer, but I'm not quite sure the best way to find consulting relationships. What did you do?
- iamandrus 15y agoI'm actually working on a startup while in school (not technically a day job, but similar). I think my idea has a ton of potential in the market I'm aiming for, so I've been working on it for almost a year now.
- lmauri 15y agoI and 2 cofounders are near to launching our iphone app and we have our daily job. I'm the backend and frontend developer(rest-full api needed for our iphone app), the other two are the creative guys, and I've to admit that it has been hard to think, design, and do a product in a spare time(especially if you have a wife and a child). And there are other aspects of the launching such as the site, the company to found and many things that require a lot of time. I hope the app and the business I want to build around succeded so I will quit my current profitable job.
- svisstack 15y agoI started www.pokertablestats.com while working in day job and now i'm working on 2 other startup's after work hours.
- pitdesi 15y agoI started a couple of profitable small businesses while working a ton of hours management consulting, including a headphone website where I used all my vacation to travel to China to get my products manufactured cheaper. I was hoping to do a few things on the side until it made sense to quit my day job, but I found it never made sense to quit my day job. More incredibly to me is FeeFighters (http://feefighters.com http://feefighters.com) CEO Sean was 1) Raising a VC round 2) Having his first kid and 3) Working full-time at BCG All at the same time (May 2010) Any one of those are enough to make you go crazy, but he managed all 3. (note: FeeFighters is not profitable) He also previously started http://tss-radio.com http://tss-radio.com and bootstrapped it to a spot on the inc 500 list, all on the side while working at a VC firm (Longworth) and then while at BCG (management consulting).
- shiftpgdn 15y agoDo you have a blog or anything where you've written about your trip to china? I've been reselling Chinese goods for about a year and a half and I've always wanted to go over there.
- jv22222 15y agoI have built Pluggio.com that has $3500/month profit on the side. It's been built in approx. 2 hours a day during the past two years.
- DavidThi808 15y agoI started my present company first while recovering from Cancer and then while working full-time at a start-up. I wrote about it on my blog at http://blogs.windwardreports.com/davidt/2010/11/windward-reports-in-the-beginning.html http://blogs.windwardreports.com/davidt/2010/11/windward-rep... So yes it can be done.
- benedwards 15y agoI have built, launched, and run Swappa http://swappa.com http://swappa.com while having a day job. Revenues won't support me quitting yet (or anytime soon), but Swappa is profitable.
- landonhowell 15y agoI built an online news service in 2002/2003 with zero coding knowledge, $100, and a bootleg version of Adobe Illustrator. I put every spare moment I had into it, skipping lunches and dinners and sleep (though I never skipped church) all for the sake of keeping it lean before keeping it lean was cool. 5 years later I sold it for a paltry sum, mainly because I didn't add enough people fast enough.
- zyang 15y agoso you never skipped church yet you had no problem stealing software. interesting.
- phob 15y agoCopying is not theft. http://www.youtube.com/watch?v=GU7axyrHWDQ http://www.youtube.com/watch?v=GU7axyrHWDQ
- mtgentry 15y agozing!
- ChrisNorstrom 15y agoOh common now, we've all had cracked versions of Photoshop at one time. Had we not pirated it we never would have learned how to use it during the 30 day trial and later become loyal customers.
- iconfinder 15y agoI have built Iconfinder into a profitable service while having a day and studying at business school. I still do some work next to the startup, but it is basically paying for servers etc. plus a salary for me.
- acangiano 15y agoMy technical blogs, while not technically a startup, do have the habit of making me mid-four figures per month with very few hours per month investment.
- 16BitTons 15y agoI just finished reading your book. It is very well done. I recomend it to everyone interested in this thread. (http://technicalblogging.com http://technicalblogging.com)
- a5seo 15y agoI built review site ten years ago and sold it. It was profitable within 6 months off organic traffic and lead gen. Approximate revenue by year: $10k, 40k, 70k, 100k, 150k, 250k, 500k, 750k, 1.5M, 2.5M. Built entirely while working for another startup (unrelated), first 3 years I was in graduate school, year 4 I was a product manager for another startup. Year 5 I finally took the leap to run it full-time. I was the sole owner, never had more than 7 employees, and I sold it for a bit over $10M (ttm revenue was around $700k at the time). Leading up to launch, I typically worked 10-7 at my day job, then wrote my code from 8p-1a M-F (20 hrs) and all day on the weekends (20 hrs), so 40 hrs per week. During school, my wife handled the sales part-time (16 hrs/wk), and I probably spent 8 hrs a week on it fixing bugs, implementing ad deals etc. In Year 4, I spent ~16 hrs a week on it outside of my day job (misc. tech upkeep, link building, PR, etc.). It's definitely doable, but your SO needs to be on-board because you'll be taking the time away from them. Or do it before you have a SO to worry about.
- j45 15y agoRegarding your SO, I agree that it's important to have someone that understands how you make money and what's required to build a business. The question I have is, how much more beneficial was it to have your SO involved at some meaningful level? Sales is an interesting spot because it makes a case for itself to justify the time required. Are there any pros / cons of involving your SO directly and at the core of your business that you'd be able/willing to share? I'd be really interested to know. Thanks for sharing.
- lsc 15y agoSeveral of my smaller suppliers have their SO do the books for the business. It's very common. It's really common to have a family member do bookkeeping, just because of the trust level involved. (My sister does my books.) My SO has done some programming for my company; some of it has been really great, some of it not. (She is generally way more competent than me or anyone else I can afford, but her background is embedded systems, you know, c, c++, vhdl; that sort of thing, and all the prgmr.com stuff is perl and bash, so you get a really good programmer writing stuff in languages they've never used before. It can be... interesting to read.) It really all depends on communication. Can you tell her (or him) that the thing they built isn't what you need and use something else? I mean, I'm the oldest of 6, and I've been hiring siblings for as long as I've had siblings, so I have a lot of practice saying "no, that wasn't what I wanted" and even "I don't need your help for now" without burning bridges, and I think my SO is willing to accept constructive criticism. I mean, the usual rules for hiring family apply, I think, only more.
- stevoski 15y agoI started Poker Copilot mostly while doing full-time consulting. I was able to scale down my consulting work gradually as Poker Copilot sales increased, until after 15 months it became my main income source.
- hndl 15y agoI'm curious to know what the typical day of a person in this setting is like? As in, what were ones' day-job hours and hours for project work?
- flacon 15y agoI have built two startups while working fulltime and raising 2 kids. The first startup failed once my co-founder left town, after the business model and app were about 90% completed. My 2nd/current startup is http://targetmobi.com http://targetmobi.com. My schedule M-F for the last 3 years has been: 7am wakeup, feed kids etc. 9am - 5:30 work fulltime. 5:30 - 10pm family time. 10pm - 1am Startup time!. Yes thats 5-6 hours of sleep! Trying to do a startup on the side with children has been very challenging for me. Maybe its the biz models I am trying to tackle. Maybe building simple iphone/ipads apps would have had a better ROI.
- hndl 15y agoThanks for sharing. One followup question: given your schedule, how much time did it take for you to launch?
- dazzla 15y agoIn the last couple of years I have built up Deal Drop (http://www.getdealdrop.com http://www.getdealdrop.com) to be $3,000/month in revenue as an antidote to the abusive relationship with my day job while helping raise my daughter of the same age. I hoped by now that I could quit and work full time on the side project but I settled for a less abusive day job instead. This week I took a trip to the ER in an ambulance because I had a seizure at my new day job after one too many late nights working on the side project. Be careful and know your limits better than I do.
- nsiemsen 15y agoI use Deal Drop daily on my iPhone/iPad. It's a great application, thanks for your work.
- nischalshetty 15y agoI started http://www.justunfollow.com http://www.justunfollow.com as a way to learn Google Appengine. Sent a tip to TechCrunch, @arrington seemed to like it and profiled it. It started making profits but I did not quit. I finally had to quit after about 1 year of this product going live because it started making me more money in 2 months than my day job was paying me for an entire year! I quit my job around 9 months ago. Finding too much of time on hand I subsequently started work on a new app, got my friend to join me and we got into Start-up Chile. It's been a great journey but I'm so glad that I did not quit the moment we were profitable. It has taught me the most important thing you need to learn while starting up, being efficient. I always suggest everyone who has a product to not quit until it is virtually impossible to keep up with a day job. You then become a time management champ and know how to do more with less :)
- roel_v 15y agoAm I reading that correctly that that site is making 25k+ a month? How is that possible? Do people pay for the site or is it from ads only?
- nischalshetty 15y agoI did not put any numbers anywhere about our profits. We have a freemium model. Ads are just a small part of the revenues we make.
- roel_v 15y ago"making me more money in 2 months than my day job was paying me for an entire year!" Day job of 50k / year, over 2 months, so per month 25k. 'Making money' = profit, otherwise I could be 'making' 250k / month by opening a BMW dealership and selling 2 per month - which in the real world would bankrupt me Very Quickly. So, maybe I'm misunderstanding, but didn't you say that you were making 25k or more?
- nischalshetty 15y agoI'm from India, we make money in our currency which is Rupees (INR). I do know that 'making money' = profit and that is exactly what we are making. I'm not selling BMW cars. I write code which takes my time but needs no money, host it on GAE and AWS, which is not so expensive and so make a very good profit. Yes, you are misunderstanding what I said by pushing those figures.
- Jun8 15y agoI wanted to do this so jumped in and read the comments to this post to try to get some ideas on how to do this. They made me a bit depressed: Most people achieved this while working as a consultant (i.e. flexible hours, etc.), not as a big company employee, like me. Also from what I gather, many data points come from young people, unencumbered with a family life and kid(s). So, my more specific question is: Has anybody done this while picking up your kid from daycare at 5pm, having family business until 8:30pm and working at a day job. Id this impossible? I think the viable alternatives in this case are trying to earn money from blogs and mobile apps.
- Sukotto 15y agoI hear ya... This is something I struggle with too. Long workday at Mega Corp., 45min+ drive-commute each way, 3 kids (7, 5, 2), a spouse with a highly variable work schedule, and ongoing charity work. It's really, really hard to make time for a side business in there too. Are you working on something? How are you making the time for it? How's your progress?
- zwischenzug 15y agoThe downsides are greater too. It's one thing to miss out on TV or drinks with friends; quite another to miss out on the one evening you might get to sit with your wife and have dinner, or not see your kids for a week. It doesn't matter how rich or respected my side-project startup would make me, I wouldn't be able to get that time back.
- spodek 15y agoI co-founded Submedia in 1999 while finishing my PhD in physics at Columbia. By then the other we worked on the project three years developing the technology, writing patents and business plans, etc. I defended my thesis around that time too. I consider conserving cash fundamental. The stipend for a PhD candidate was under $30k/year for living in Manhattan. I wasn't in subsidized housing and had no savings or other source of income.
- joejohnson 15y agoSubmedia.tv? What is Submedia?
- spodek 15y agoWe put boxes on the walls of subway tunnels that, when the train passes, look like movie screens to riders. We sell ads on the displays on a monthly basis and share revenue with transit authority. Some videos here: http://www.submediaworld.com/submediaworld/Submedia_Tunnel_Advertising.html http://www.submediaworld.com/submediaworld/Submedia_Tunnel_A... I also make art with the medium, but that's another story.
- sejje 15y agoThat's badass. I would ENJOY watching those.
- kellysutton 15y agoI just put in my two weeks to pursue LayerVault full time. It's all up and to the right from here.
- mendicant 15y agoI spent nearly a year building a SaaS application for Oil and Gas companies here in Calgary. My partner had the idea after he got tired of phoning/emailing/talking to every contact in his book in order to find partners/buyers in land deals. So after a year of weekends and evenings, my partner started to pound the pavement. We were profitable in our very first year after launch, and continue to be. Our biggest expense is advertising, which is very targeted. I think about 80-85% of our pre-tax revenue ends up being profit, which is great. I still have my day job, and for the 30 hours/week between us that we still put in, we've been _very_ successful.
- dylangs1030 15y agoI think this depends entirely on the nature of the startup. If your startup requires consistently high turnover for new features, then it's going to occupy easily 40 hours per week on just that project. However, if what you build doesn't need to be updated for months at a time (like some mobile apps or other software) you can probably get away with doing this. An entire company? I don't think so. A particular type of website, or app? Sure, if all you're doing consistently is maintenance.
- fotoblur 15y agoYes. For 4 years now...2 hrs in the morning 2-4 hrs at night + bigger chunks on the weekends. When I look at my day job I only ever get 4 hrs of real work done anyway...with wasted time for meetings, bureaucracy, and being blocked by others. So even though I'm at work for 8+ hours, on my free time, I'm able to work on a similar sized project putting in less hours because there is usually no waste in that time. I've also got 2 kids and train 4 times a week at the gym or jiu jitsu. It can be done! After reading a few more comments I want to add something. Work hard at your day job, do your best work, and make them dependent on you. Here is why...if you ever come in late, or leave early because there is a crisis on you side project your employer usually won't care. Your the superstar so that's expected. However, you've got to keep your day job really, really happy to walk this fine line between pursuing your own interests and meeting the needs of your day job. Plus when you have a successful side project (that maybe can't support you just yet) and you're out job hunting people will see you as a golden ticket, a diamond in the rough. Usually when I interview people I often ask what they're working on on the side. That indicates to me this person has drive and determination.
- iguanayou 15y agoI have a (barely) profitable SaaS app that I wrote while having a full time job. The advantage I have is that my day job is teaching, which gives me chunks of time off during the summer and winter. I think that if I had a job coding all day, the last thing I'd want to do is come home and do more coding.
- bretr 15y agothis. it's my biggest struggle.
- hockeybias 15y agoI am struggling with three-year-old http://hockeybias.com http://hockeybias.com It is more or less a 'Drudge report' for hockey news. The home page also has a quote of the day and a featured 'Off The Ice' link daily. If you are a hockey fan please visit the site early and often!:) Please tell your hockey-loving friends about it as I would love for it to become something more than the 'labor of love' it currently is!
- listrophy 15y agoI started a Ruby on Rails consulting business with another dev while at my day job, I was an aerospace engineer. His day job was freelance Rails consulting. After 2.5 months of 80 hour weeks, we quit our day jobs and went full time with the consulting business: Bendyworks. Now, almost 3 years into the biz, we're at 10 people and having a freaking blast.
- tcarnell 15y agoI built Femtoo.com in my 'spare' time. It was built whilst working at a day job over the course of a year or so. It brings in a small amount of money each month and it pretty much requires no maintenance. However I would not say that it is profitable (yet), there is a fair way to go before it brings in enough money to have justified the time. I would spend more time implementing new features if I thought it would result in a significant increase in paying users. ...not sure what to do with it now really!?!? Suggestions welcome!!!
- kalid 15y agoSome off the cuff feedback: I wouldn't spend time on features, spend it on cleaning up the design. * Use twitter bootstrap or some other framework to make the site look more professional. * Why are the prices in weird denominations? $1.60 per month? Just make it $25/year. * Don't show the social sharing button (G+) until you have a few hundred shares already * Why is the video so small? Have screenshots on the homepage. Basically, I'd suggest copying the style of a landing page of a well-known SAAS product. Nice bright colors, big fonts, screenshots, etc. I'm sure your product is feature complete, just work on design (or hire someone to make the above changes).
- tcarnell 15y agothanks so much for the great feedback! I'll make the quick changes ASAP and start reworking the UI - again, thanks so much!
- tatonkathomas 15y agoI started InkedPlaymats.com a month ago. I work full time as a purchasing manager, have 3 kids under the age of 5, and take online courses full time. I am way over my head and sleeping 4 hours a night, but I am making it work. I am getting a 4.0 and just after a month open my business is starting to boom. I get up early and make breakfast and get orders ready to ship. I spend my lunch break shipping items and answering emails. I come home from work and spend 2 hours having dinner and playing with the kids. I then spend the next few hours doing schoolwork and printing out mats. My wife supports this knowing I am in a growing period. School ends this week, so I am looking forward to that. Anyways, I think it can be done, but is not ideal. And your family has to support you 100% of you will be lost.
- kellyreid 15y agoHey, didn't know you were on here! I run quietspeculation.com. Incredible that you're doing all that. Can't wait to get my mat design to you.
- tatonkathomas 15y agoYep, can't get enough. I am waiting on you man! I want to hook you up!
- kellyreid 15y agoI should stop being an anal-retentive entrepreneur and just hire a graphic designer. Am considering commissioning custom art from an MTG artist (rk post maybe?)
- cullenking 15y agoSchool and part-time student programming work took up 40-60 hours a week, and I put in another 20 on our business on top of that. Got barely ramen profitable by graduation, which let me keep from getting a job for 8 months while it ramped up enough to start actually supporting me.
- _ud4a 15y agoi have built a startup on the side while working full time still. due to the fact that we are 3 partners, the money is not enough to quit my day job but it's getting there. we have grown from $0 to $200K in 2 and a half years while all 3 of us do this part time. i did all the development and sysadmin work and the other partners took care of the marketing and business side of things.
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- timmm 15y agoI'm a full time student and part time employee at my school. I started working on my business several months ago, so far I've been highly profitable to the point where I may just leave my job at school soon as it is now trivial.
- paraschopra 15y agoI built Visual Website Optimizer during weekends and during evenings after work (while I was working full time at another day job). Initial prototypes and first beta version took about 6-8 months. Beta remained for about 4 months, had thousands of beta users by then, quit my day job, polished beta for 2 more months and then launched paid plans. Today we are a team of 8 people (and hiring more) and many happy customers. To be honest, I think the time constraints posed by day job (you got only 2-3 hours of working on your startup) really made you focus on important stuff (such as working on user feedback and iterating). Plus, the comfort of having a salary provided let you invest in site design, marketing, AdWords, etc. without having you unnecessarily worry about "funding" or borrowing from parents/friends.
- kalid 15y agoI'm so happy VWO came to be :).
- guscost 15y agoI did this with a collaborator, and intend to do it again soon. The way of the future...
- nopal 15y agoI built a service for monitoring SSL certificates (https://www.certician.com/ https://www.certician.com/) in my free time, although it's not yet profitable. I'm hoping it will be someday soon. The feeling when a new customer from across the country signs up is a pretty good one!
- kin 15y agoGeez, you all inspire me so much. I'm trying to do the same and have switched to smaller and smaller side projects so I could get SOMETHING out there. Currently I've been distracted by time with friends/family/SO/and the current barrage of amazing fall video games all which pushed my project to the point of is it even possible? Apparently I'm the only thing in the way. Thanks for the inspiration everyone! You guys are all amazing.
- mitko 15y agoIf you are building something on the side in which cases your day job company owns it?
- lsc 15y agoI've been running side businesses while having dayjobs most of my working life. One of those side projects, my xen vps hosting company, is now my dayjob. Of course, you might not call it a startup; I'm not really looking to sell (I mean, I would if someone wanted to give me a 10x revenue valuation or something silly like that, but I doubt that will happen.) and it's north of six years old, but revenue is doubling every year or so, and it pays my rent and covers another full-time employee (plus contractors) Having a well-paying dayjob changes things. You will want to hire your first employee long before you would if you were working full-time at the startup. You will want to spend money rather than do work more often than you would otherwise. Assuming you have a high paying dayjob and you are willing to live cheap, your runway is now measured only in terms of your motivation. Note, you will not be performing 100% at the dayjob. I got asked to choose between the dayjob and my business only once, though, and that was near the beginning, before I really learned to compartmentalize, and when I was most focused on my business. My style of work is and always has been very burst-y, which works out well. When I wasn't that focused on the business, I'd get a regular dayjob and top off my COBRA and rent money. When I was focused on the business, I'd either focus on the business completely or work contract gigs for extra money. It's interesting; if you contract through a body shop for non-expert work? (e.g. if they rent you out as a normal programmer/sysadmin?) it pays only slightly better than doing the same job as a direct employee (sometimes a little worse if the benefits for the direct employee are good) but the expectations for your work are much lower. I mean, think about it; if they are paying about the same for a contract as for a full-time with benefits job, do you think they are going to get good people? The lowered expectations along with the ability to spend pre-tax dollars on company equipment made that a pretty good deal for me. Especially during the money-losing phase (and this /will/ be longer than it would have been if you were full time.) the taxes are complex and can make a huge difference. get a good accountant, and listen to him or her. Small bullshit changes can make the difference between spending pre tax money buying servers and spending post-tax money on those servers.
- dbrannan 15y agoI have a start up in the black since 2006. All three partners contribute to the code, help debug, and provide customer support. All of us work at other jobs, or independently. Currently we use profits to pay anyone willing to work on the code and add features. It is self-sustaining, at least. See: http://www.examprofessor.com http://www.examprofessor.com Comments, ideas, suggestions are welcome.
- aoza 15y agoI just released http://www.examcommunity.com http://www.examcommunity.com about two weeks ago... its a ghost town now... hopefully that will change.. How long did it take for you guys to get some traction?
- dbrannan 15y agoI registered on your site and took it for a spin - very well done. We initially geared our site towards teachers, but later learned that wasn't the market that was willing to pay for our services. Maybe your experience will be different. It is a slow process. About 1-2% of our customers convert to paying accounts. When we started limiting what was free it seems people stepped up to the bat and subscribed to a paying account. Note - your prices seem very low. You could experiment with your price structure, people might value your service more than you realize.
- aoza 15y agothanks for the thumbs up... as time goes on will experiment with the price.
- thenduks 15y agoI started working on a bug tracker (who hasn't at some point, right? :)) because we were using Bugzilla at work and I absolutely hated it and didn't think it fit with our workflow at all. About a year later I brought it to the team and we decided to switch to it. A few months of light iteration and polish after that and we launched it as it's own product (https://bugrocket.com https://bugrocket.com) for $20/month. Pretty happy with how it's going, too. It hasn't really interfered with the 'day job' at all besides the occasional email to answer or tweet to reply to. We have really flexible hours here so I shift my day around sometimes to accomodate both projects. Totally do-able. edit: Seems there is some interest in the 'family situation' of these success stories. I'm married (with kittens, no kids) and it generally hasn't been too difficult to keep a balance. It's helped me a lot having some people working with me (especially on non-technical bits), and not just alone as a single founder. It's hard to say how much time I actually put in because it's kind of a 'here and there' whenever there's the opportunity kind of thing. I'd probably estimate 3-5 hours during the week and then either a lot (8+ hours) or nothing on the weekends, depending on else is happening.
- nhangen 15y agoI do this now. I was doing client work, and to be frank, got tired of working from home and dealing with low-grade clients all day. So instead of worrying about finding better clients, I took a day job to support myself and my family (wife and kids) while I worked on side projects with my co-founder. To date, we've built a fun iOS game, Santa Strike, a crowdfunding plugin for WordPress, IgnitionDeck, and a few yet to be launched iOS apps, among other simple software utilities like Iconswitch.me and GameDesignTemplate.com I drive to and from work an hour a day, which kills me, but we're very close to being profitable enough so I can quit my day job. We're not zillionaires yet, but I do think it's possible to do what you're asking. However, it's very very difficult, especially when you have a spouse and/or kids. I work on my stuff from 7-8 am, drive to work, try to fend off the thought of being an unproductive employee so I don't get fired (I'm actually the only developer they have, and I'm in a very good position because my predecessors set the bar so very low), but do spend some time at work handling side-project stuff, get home at 6:30, hang out, work more, go to bed, rinse, repeat. My wife is stressed because my mind is elsewhere, but she understands. We spend time on the weekends going out and doing family stuff, but not as much as we'd like. When we ship new versions of software, I field customer inquiries and complaints on the go, which isn't ideal, but is what it is. In other words, I have very little personal time, it's very stressful for the entire family, and it's a lot of hard work over a long period of time. It's not for the faint of heart.