snoonan

16 ms·

91.
by snoonan 13y ago
I think about my business all the time. I love my customers and spend a lot of time talking to them. I do this because I love my business. I just happened to have built a business with a high degree of automation. It's also successfu
92.
by snoonan 13y ago
It's passive in the sense that once you invest in establishing a working income stream, it takes very minimal effort to maintain. I wake up and can do nothing to earn it, or work to grow it if I choose.
93.
by snoonan 13y ago
I did an AMA on reddit in /r/entrepreneur a few months back. I was asked to break down how I did one part of my passive income business (online technical courses). Here's a link to the blog I setup for them. http:/&#
94.
by snoonan 13y ago
This is not accurate. A lot of people fail, that's true. So do a lot of people drop out of CS programs and never achieve their goal of becoming a lawyer or doctor. On the "all the stories" part, there are a couple of things h
95.
by snoonan 13y ago
Learning to build a profitable business requires as much learning, trial and error as learning to be a good coder. He neglected to mention this. As a product creator, he has the right background to get started on the road. There should be n
96.
by snoonan 13y ago
Since they are charged a percent upstream, then they will have to pass that on to operate. So I would imagine they could pass on the percent component of cost with no markup, and then charge a flat fee (ex: $1). I'm assuming they are
97.
by snoonan 13y ago
No argument! They should charge for the service, but not a % of the value I create. It costs them the same to deliver a $5 file as it does a $50, apart from the transaction fees claimed by their upstream payment processor.
98.
by snoonan 13y ago
The 5% cut is a big problem. It's inherently not fair. They aren't making a market (like an App store), promoting my files, creating my content, or otherwise providing value that scales with the growth of the success of my produc
99.
by snoonan 13y ago
This is really not true. I LOVE my work and it's very satisfying. I just do it on a less than full time basis. It's not an arbitrage in the sense you're thinking, but more of a disruption of small part of a relatively small
100.
by snoonan 13y ago
Better to have an MVP and a few customers (paid or expressed paid interest) first. That's what I did + the cushion.
101.
by snoonan 13y ago
Passive income != affiliate income. That may come from the internet marketing guru "buy my course" crew being very vocal about selling a certain dream. Some succeed, but there's more money reliable money in building a real b
102.
by snoonan 13y ago
You could find a smaller problem to solve. Get up an hour early and work for yourself.
103.
by snoonan 13y ago
Ok, I'll speak up as a "PIH". There are a lot of ideas that help people that will never touch VC money or can support a company with all of its overhead. It's not out of laziness. It's how a great programmer shoul
104.
by snoonan 13y ago
I qualify. I'm a stay-at-home dad and don't work much during the day. A few customer support emails or a tweak here and there. Lately I've been working hard nights and weekends on a new project to scale things up a bit, but
105.
by snoonan 13y ago
As a percentage of the US GDP, small tech businesses aren't much of a blip. Just think of all of those real estate brokers and investors, day traders, hair salon owners, construction contractors that churn through 1M annually in revenu
106.
by snoonan 13y ago
I would disagree with much of this article. While Duolingo in particular is popular, its main focus is on teaching translation. It's hip, but it's not about teaching how to speak and understand a language. Similarly, the focus o
107.
by snoonan 13y ago
Yes, even if it's not a registered trademark, it is trading on someone else's work. Even if it's not in a industry (in terms of legal trademark enforcement), it's unfair to those who worked hard to put it in the mind of the public.
108.
by snoonan 14y ago
It would be interesting turn if they just open sourced XP and let the hackers have at it. Deploying a moderned-up Chinese focused XP isn't going to move the needle in either direction regarding the piracy culture there, but might help car
109.
by snoonan 14y ago
I was in a similar situation, but with 2k/mo in mortgage, passive income and about 12 month's expenses saved up. His situation is much better! My business turned out ok. I just asked myself, what's the worst that can happen? Get another
110.
by snoonan 14y ago
Don't misunderstand this as an endorsement of jerky trademark enforcement. My point was that they did the work to associate "pin" with this concept in the public mind. Of course they don't own the word. That's just stupid. When people do t
111.
by snoonan 14y ago
Just a public service announcement: Please respect trademarks and avoid naming things tied to others peoples' branding work. I know it's usually an homage, but there's no reason to do it and it does bend trademark law (if not break it) some
112.
by snoonan 14y ago
I didn't mean to imply a single factor. The ad spending may be the lighter fluid and the match, but community referrals are the fuel. They did a good job with that part. I've never seen an ad from them and I refer them to hundreds of tho
113.
by snoonan 14y ago
I run a language learning business that nominally competes with Rosetta Stone in part of the market. Language learning really is about communication with humans, not cramming linguistic junk into your head. Having worked in the same marke
114.
by snoonan 14y ago
I hope this post hits the front page. It will give GitHub a chance to publicly correct the oversight and do the right thing.
115.
by snoonan 14y ago
The one wrinkle I can see is that a lot of podcasts (including my own) use Feedburner. While shutting down Reader directly affects the people who chose to use it, shutting down Feedburner would disrupt a millions of innocent users. The en
116.
by snoonan 14y ago
I'm not ok with this. Watch the trademark. I'm not even talking about litigation -- just not ok with people willing to trade on another company's name.
117.
by snoonan 14y ago
I had a company fold up on me like this as a team manager. I was close to the founders and they ALL did just fine. I also did fine. The only one I fault were some damn famous investors that didn't even respond to requests to have us meet
118.
by snoonan 14y ago
Selling most academic learning in a physical space makes about as much sense as selling information printed on paper.
119.
by snoonan 14y ago
Make options vest (or accelerate anyway) on product milestones, not time and I think it would help highlight where and when the value has been created.
120.
by snoonan 14y ago
I'm evaluating Python game frameworks and tools right now, so this is very welcome, Thanks! I'm likely going down the road of the cocos2d lineage, though. It seems to be the smartest choice if you hope to port your game to mobile platform

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