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Thanks, Zeke! >Would you build another hardware business, or are you going to try for a software business next? No, I don't think I'd try hardware again. It'
by mtlynch 2y ago
Thanks, Zeke!
>Would you build another hardware business, or are you going to try for a software business next?
No, I don't think I'd try hardware again.
It's a shame because I learned so much about hardware and selling a physical product, so I do have an edge if I wanted to do something else that involves both hardware and software, but bootstrapping hardware from zero is just so risky. I caught a lot of lucky breaks for it to work out with TinyPilot; but simple one-time events like a manufacturing error or a lost shipments could have sunk the entire company in the first two years.
I'd like to try another educational product. I released a blogging course at the end of 2020. I didn't have time to promote it much because TinyPilot swallowed all my time, but it still has made $10k of profit. I'd like to try something like that again.
But I would also like to build some kind of pure software business if I land on the right idea and the right market for it.
- rlnvlc 2y agoI am curious: to how many hours per week does the 20% of your time map?
- mtlynch 2y agoI typically worked 30-40 hours per week.
- lapestenoire 2y agoMany people would not count time required to sleep and attend to basic human needs like eating and hygiene as part of available time. It sounds like it took 75-100% of a full-time position.
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