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While you could get by making $1000 a month in Minnesota, that isn't sustainable for the long term since you could just go get a programming job where you earn
by briansmith 18y ago
While you could get by making $1000 a month in Minnesota, that isn't sustainable for the long term since you could just go get a programming job where you earn over $1000 a week. If you aren't making $100,000 a year developing your application then you are losing a lot of money once you factor in opportunity cost.
Regarding competition from our foreign friends: I think we are both thinking the same way here. Right now, we don't really have to worry about ultra-cheap competition too much. Eventually, I think we will--the cultural advantages you speak of are a short-term advantage, not a long-term one. My Thai friends already know a lot about Western culture because they deal with us all day long in Thailand. Whatever they don't know, they can learn. But, almost none of my Thai friends could afford to buy an iPhone right now; even if they could, they work 80 hours a week at their job so they wouldn't have time to develop anything for it. But, slowly, all of that is changing.
- HeyLaughingBoy 18y agoYup. The $1,000/month comment is only to show that it can be done, not that I'd want to only have that level of income. But it provides flexibility by letting you start small. I need to keep my day job for a while because it will be a long hard slog before my side business can come remotely close to providing me the income I need :-( The stuff I build is industrial monitoring devices, so I purchase off the shelf Bluetooth-serial interfaces and incorporate them into my products. Google the Sena (Parani) and Roving Networks products. They are easy to use and reliable. Being able to monitor a process without needing to run cable to it is a killer app waiting to happen!
- Retric 18y agoIf you spend one month on an app and make ~8k from it your doing fine. The trick is to only spend ~1month per 8k of profit.