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Ask HN: As a recent graduate should I find a job or try to build own product
Hi!
I graduated from university a few months ago. Through time there, I have accumulated knowledge in various topics: mobile development, web development, product management, data analytics, machine learning, etc. It's not that deep, but it is enough to build an AI model or code an MVP with a few days or weeks of research.
The question is whether I should find a job or build my product.
What's the goal?
- Make money
- Have fun
- Learn and progress as an individual
Below, my thought process for the two choices is presented in a simple yet straightforward way.
Job:
- Salary: $1k-1.3k monthly is considered pretty high on average in my country
- Scalability: going let's say from $1k to $2k monthly will require a year or two with an upper limit on $7k-$10k as an employee
- Personal growth: the job will provide me with consisting feedback on my work as well as I will have some mentors
- Direction for growth: clearly defined, look up to senior members of the team
- Freedom: 8 hours per day
Own product:
- Salary: of course, I might be biased here, but finding 100 users that will pay a $10 monthly subscription to achieve $1k MRR seems like a feasible option
- Scalability: going from $1k MRR to $2k or $4k seems
- Personal growth: more horizontal, i.e., more shallow knowledge in the different fields
- Direction: pretty vague. What should you do next if you go into specifics
- Freedom: I have no illusions that a startup will require more than 8 hours per day, but for some reason, it feels more like freedom because the product is yours
Note: I had experience participating in the local startup acceleration program with a b2b startup (which didn't go further than customer discovery). I am familiar with lean startup methodology, iterative approach, hypothesis testing, value proposition canvas, etc. Moreover, I am sure I can raise a $5k initial investment from FFF.
At this point, I understand that I didn't share a lot of other variables that take part in my decision process, such as social anxiety (working on it) and love for engineering and math (although I don't feel accomplished there).
Please share your thoughts on the topic. I would be glad to engage in the discussion.
- onetokeoverthe 2y ago[dead]
- razodactyl 2y agoYou're young and naive but you have energy, a fresh worldview, time and an understanding of development and market mechanics. You need to search for a job and do your project at the same time. Don't neglect sleep or you will burn out. You can do everything you want if you time-block appropriately and be consistent. I made https://rhea.run https://rhea.run from nothing and grew to a few hundred users with slight profit. I can tell you right now that marketing and user onboarding will be your hardest challenge. I found that organic growth trumped ads on reddit etc. Facebook ads are a dead end, you will be engaging with bots or deep state conspiracy folk. Working on product will always challenge you with unexpected hurdles, something that sounds like a day of work may end up taking a week or more in research and implementation. It's all a learning experience. If you land a job, you can gain further experience while getting paid. Feel free to reach out and prompt me for any further advice.
- surfing_void 2y agoThanks for the insights. That is probably a nudge I needed. - I started to time block my time this week to measure how much can I dedicate to work / other projects - As for organic growth, sounds interesting. Could you share some good resources / blogs that tell about it?