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Thanks, and I'd love to hear more as you mentioned. For example "money coming in" could be: * $100/month (ok, we're getting something) * Or $2,000/month (sti

by mise 15y ago

Thanks, and I'd love to hear more as you mentioned. For example "money coming in" could be: * $100/month (ok, we're getting something) * Or $2,000/month (still not enough to live off, or whatever is less than your living expenses) * Or $5,000/month (ok, I could live off this) * Or $10,000/month (from my perspective would be a comfortable income). I guess one part is one would have to look at the acceleration of the growth. If it's $800/month after 2 year's work it doesn't sound like you're really on to "the one".

swombat 15y ago
"Success" really depends on way too many factors to come up with a general formula, as I've argued in this article: http://swombat.com/2011/12/23/entrepreneurial-success http://swombat.com/2011/12/23/entrepreneurial-success However, I'd say if your business helps you move one rung up the ladder (from zero to survival, to comfort, and then to wealth) then it's "successful" at least on the financial level. In terms of figuring out if the business is "sticking" early on, that can't be ascribed just to money - it really depends on what you're building. You need to figure out the core metrics that drive your business and see whether they're going somewhere good. In some cases, the metrics are money, in others they might be user growth, or something else!