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If he's using PayPal's micropayments pricing (Fees = $0.05 + 5%), he's made just shy of $12,000 on the site so far. I can't decide what I think about that numb

• patio11 17y ago
  One of the wonderful things about being a small business on the Internet is that there are several favors (SEO considerations, viral marketing, word of mouth, network effects) which make double-digit YoY growth practically a given. (You are more or less incapable of saturating your market, something that larger businesses have to worry about -- what does Facebook do after signing up nearly every American who uses a computer regularly?) If you keep at it, the miracle of compound interest will do all the rest. Compare that to a more traditional day job, which typically gives you a higher starting salary and then increases at 2 to 4% a year, with SHARPLY limited options for ever getting out of that bracket no matter how good your performance is.
• ncarlson 17y ago
  Well, if the price gets to $40, he would have roughly 40,000 users. That's roughly $800,000 in gross revenue. (20,000 * $40.) Assuming the operating costs are low, this site could bring in a life changing amount of money for one person. Edit: It's interesting to think about whether he'd make more money with the price going up logarithmically.
• idlewords 17y ago
  The practical effect of the money + cheap location is that it gives me a few months of development time that I can pour back into the site. It's more of a bootstrapping technique than a straight-up scam.