4 ms·

Yes because it’s harder to land a stable job, it’s much more realistic to start a business that is going to convince enough people to pay you enough to support

Yes because it’s harder to land a stable job, it’s much more realistic to start a business that is going to convince enough people to pay you enough to support yourself. Also you have to convince companies to do business with you instead of a well known company. Oh and to be competitive you need to have some type of funding. And you need to make enough to pay for health care.

coldtea 2y ago
>Yes because it’s harder to land a stable job, it’s much more realistic to start a business In a slowed down market, both get difficult, the latter many times more than the first.
- actionfromafar 2y ago
  In general yes, but there are always extra opportunities to start a business when times are down, because some things will be more in demand then.
  - scarface_74 2y ago
    And you are also competing with everyone else thinking the same thing.
Mc91 2y ago
> it’s much more realistic to start a business that is going to convince enough people to pay you enough to support yourself. I only have to convince one place - Google Ads. Plus bring in the "eyeballs" with my free app, but I have accomplished that more than once. > Also you have to convince companies to do business with you instead of a well known company. Just one company in my case (actually several, but 90+% of the money comes from Google) > Oh and to be competitive you need to have some type of funding. I have to be competitive enough to make a few thousand a month, and with my programming (and database design, and UX, and SRE etc.) skills, I have achieved that. > And you need to make enough to pay for health care. In the US you do.
- scarface_74 2y ago
  https://techcrunch.com/2024/03/12/most-subscription-mobile-apps-dont-make-money-new-report-shows/ https://techcrunch.com/2024/03/12/most-subscription-mobile-a... > the top 5% of apps generate 200 times the revenue of the bottom quartile after their first year, while the median monthly revenue an app generates after 12 months is less than $50 USD. https://medium.com/beyond-agile-leadership/the-difference-between-apps-that-win-and-fail-b4f4bb647b61#:~:text=Web%20App%20Success%20Versus%20Failure,out%20of%2010%2C000%20apps%20failing https://medium.com/beyond-agile-leadership/the-difference-be.... >Success rate: According to Zippia, only 0.5% of mobile apps are successful, with 9,999 out of 10,000 apps failing. Fyresite estimates that 99.5% of consumer apps and 87% of business apps fail. Now imagine what would happen if more people took that advice? For context, a new grad working in a major city in the US not on the west coast - even an ordinary CRUD enterprise framework developer - can make $70k- $80K a year. What exactly is a “few thousand a month”? That’s a good side hustle. But even that’s not enough to support yourself
  - greenie_beans 2y ago
    i just launched a website a month ago to sell sweet potatoes online and i ran a bunch of google ads. now i have a b2b revenue stream selling sweet potatoes to medical diagnostic test manufacturers. please, with the original snark style from your comment https://news.ycombinator.com/item?id=42632061 https://news.ycombinator.com/item?id=42632061, tell me more about how it is a waste of my time to find businesses to do business with my brand new business and instead just find a stable job?
    - bdangubic 2y ago
      hard to debate these things with people who are born and bred into “slave for someone else” mentality and think like $350k is great salary one should be happy with slaving away at some cubicle in the Bay or at home 12 hours per day… :) America is great at making sure most people think this way…
      - scarface_74 2y ago

coldtea 2y ago

>Yes because it’s harder to land a stable job, it’s much more realistic to start a business In a slowed down market, both get difficult, the latter many times more than the first.

actionfromafar 2y ago
In general yes, but there are always extra opportunities to start a business when times are down, because some things will be more in demand then.
- scarface_74 2y ago
  And you are also competing with everyone else thinking the same thing.

Mc91 2y ago

> it’s much more realistic to start a business that is going to convince enough people to pay you enough to support yourself. I only have to convince one place - Google Ads. Plus bring in the "eyeballs" with my free app, but I have accomplished that more than once. > Also you have to convince companies to do business with you instead of a well known company. Just one company in my case (actually several, but 90+% of the money comes from Google) > Oh and to be competitive you need to have some type of funding. I have to be competitive enough to make a few thousand a month, and with my programming (and database design, and UX, and SRE etc.) skills, I have achieved that. > And you need to make enough to pay for health care. In the US you do.

scarface_74 2y ago
https://techcrunch.com/2024/03/12/most-subscription-mobile-apps-dont-make-money-new-report-shows/ https://techcrunch.com/2024/03/12/most-subscription-mobile-a... > the top 5% of apps generate 200 times the revenue of the bottom quartile after their first year, while the median monthly revenue an app generates after 12 months is less than $50 USD. https://medium.com/beyond-agile-leadership/the-difference-between-apps-that-win-and-fail-b4f4bb647b61#:~:text=Web%20App%20Success%20Versus%20Failure,out%20of%2010%2C000%20apps%20failing https://medium.com/beyond-agile-leadership/the-difference-be.... >Success rate: According to Zippia, only 0.5% of mobile apps are successful, with 9,999 out of 10,000 apps failing. Fyresite estimates that 99.5% of consumer apps and 87% of business apps fail. Now imagine what would happen if more people took that advice? For context, a new grad working in a major city in the US not on the west coast - even an ordinary CRUD enterprise framework developer - can make $70k- $80K a year. What exactly is a “few thousand a month”? That’s a good side hustle. But even that’s not enough to support yourself
- greenie_beans 2y ago
  i just launched a website a month ago to sell sweet potatoes online and i ran a bunch of google ads. now i have a b2b revenue stream selling sweet potatoes to medical diagnostic test manufacturers. please, with the original snark style from your comment https://news.ycombinator.com/item?id=42632061 https://news.ycombinator.com/item?id=42632061, tell me more about how it is a waste of my time to find businesses to do business with my brand new business and instead just find a stable job?
  - bdangubic 2y ago
    hard to debate these things with people who are born and bred into “slave for someone else” mentality and think like $350k is great salary one should be happy with slaving away at some cubicle in the Bay or at home 12 hours per day… :) America is great at making sure most people think this way…
    - scarface_74 2y ago