> Another 100% free technique that still requires effort and time to set up is to answer Quora questions where your website and product will be the answer.
No wonder Quora is such garbage now. It's basically a self-promotion platform.
Yeah it was great when I started reading it, but after a while I noticed that kind of thing happening all of the time. Often, the promotional "answers" weren't even helpful! It really did cheapen the platform immensely.
There's no expectation otherwise when you click on the link, whereas Quora always starts with a question and the advertisement can't be unbiased if the author has any stake in it.
Sure the questions need to be legitimate questions that people need the answers too. But, if the questions are legit, then what's the problem with answering that question with a product? as long as it's relevant and solves your problem, then you should be greatful someone took the time to respond to your question (whether you wrote it or not), and even gave you a solution
Common practice is asking these questions yourself under second account, make sure to word it right for the bots aka seo, since it will rank high on Google. Shilling is everywhere, just look at the reddit front page and accounts that have posted these viral things. The vast majority of them are just marketeers mixing their customers with other "stolen" material or reposting.
If you read the original post (linked from this one) he explains that his goals were to learn new skills and keep his existing programming ability sharp. He has a full time job paying the bills and this was a labor of love.
Given that context I think any paying customers / level of profitability is a success. Yes, you can do lots of math about cost of time and opportunity cost but that ignores the original intent behind the project.
I played around with the tool a bit and it's actually pretty impressive--really solid for for a one person team and I wouldn't be surprised if it gains more users.
Thank you Jontas for reading my previous article. What Success is may vary from one person to another. For me, this project is clearly a success but I understand if others do not feel that way.
Even if it ends up being a total waste of time, that's still better than a total waste of time and money.
I would also argue that getting 40 paying customers is pretty decent validation, and the author can now spend money on marketing if that's the direction they want to take it.
Exactly. I always find it amusing when people say they did something for 0$ by working in their spare time.
This calculation doesn't make any sense. Can you build the initial Google project in your spare-time? Probably, if you find enough qualified volunteers.
Does that mean it's a viable business?
Absolutely not.
You need to check how much you would have get paid when working in your last highest paying job... (Even when you do things in spare time)
I get your point, but taken to its logical conclusion, no one should ever stop working, because it costs them money to do so.
If my alternative is sitting in front of the TV, or reading a book, or gardening, or... whatever but I choose to do something like this, the cost of that time is effectively zero because that's what I would have been doing with it otherwise.
So, by "working" at something I enjoy and that I'm doing by choice, I'm basically being paid to entertain myself.
However, there is a real difference how much you have spent in labour vs how much you have spent in capital. Although time is arguably more valuable than capital as a human, capital is often harder to come by. Whenever I read "I did X with only $Y", I don't think it actually cost $Y when taking into account labour and other externalities. I think it cost $Y of capital and that is a viable thing to talk about. Even in startups you hear that someone gets $1 million in seed money and works for a year receiving almost no salary -- just enough for a bed in a closet and ramen 3x a day. It's basically the same thing.
Yes, I invested time but I took a tremendous amount of pleasure building it and I learned a lot in the process. Even if I made no money as a result, I think I would still have considered the project a success. Success because I am proud of what I did and it brings me happiness anyway just to have users (even free one)
What would have been a stopping rule or failure condition that would have led you to abandon this approach?
You have to distinguish between a hobby that brings you pleasure and the beginning of a business that will earn a profit if you valued your time at its opportunity cost.
If they spent $$$ on gaining those customers instead they'd still have to spend time researching and monitoring where and how to spend those $$$ and that could easily require the same time investment. Few things are as simple as exchanging money to save time and most of those are already normalized.
If there's not much maintenance, low operating costs and a loyal customer base (or just a straight $200/month, let's say) the lifetime of that income may make up for that 18 months even in opportunity cost. Tough to know without a longer timeframe.
"I worked on this project during my free time (weekends, evenings, holidays) for approximately 12 months, from April 2018 to March 2019."
If by "free time" the author means 1h per working day and 4 per day on weekends, that would be ~680h -> 85 days (8h per day)(back to back). Not that's not a good ROI at least for me.
I won't count the deeply unique value of "time not spent with family/friends/children".
I sincerely hope that this picks up and gets 4000 paying customers, but so far for a year's worth of work it's not impressive.
They spent their time working on a project that they enjoyed, successfully completed, and ended up with 40 customers. I would not call that a waste of time at all. Even if it dies off in 6 months it's a great learning experience and the kind of thing that's great to talk about with a hiring manager.
And that's without counting the level 2 / 3 benefits.
Hard to measure, but one of his customers or people having read that blog might offer him a good job one day, or start something with him/her.
All time spent can't just be measured straight in money / hour can it.
In any case, if he's happy and proud of his project that's the worse I wish him
Yes, people spend their time to have a life. If that's YouTube, so be it.
What matters is that their time is worth at least minimum wage, probably more if you are a skilled professional. So saying 'I did it for $0' is not useful.
Example: I could spend a week learning carpentry and build a dinner table, or I could buy it from IKEA for $40.
That's a dumb move for most people, unless I am super interested in carpentry.
This looks cool and might have potential for creative types. Unfortunately most people aren't that creative. But, have you tried contacting UTubers that do these types of animes? I'd imagine they'd be super interested in it. sometimes even mainstream Utubers use short animations to highlight certain things or use arrow animations in their presentations. From what I hear, editing takes a super long time and is a big pain point for them. It might be worth sitting down with them over skype to discuss it with them and figure out how your product or one similar to it could help them.
Count VAT, tax, and other costs 170(?) per month. At this scale it is better to deliver pizzas. As I wrote on another comment I sincerely wish that it grows to 4000, so it becomes a proper income.
WRONG!!! Cause delivering pizzas means YOU have to deliver the pizzas. The site makes money while the dude is sleeping and at his day job. You can't do that and deliver pizzas.
Sure, but he already spent probably ~500 hours. At $100/hour (assuming competent but not FANG dev in CA) that's $50k worth of labor. If he nets $200/months he would need 250months ~ 20 years. My point is, if he did it for fun it's a success (he got a nice product, yay!), but it's not a financial success.
You mention SEO efforts but looks like you are making a standard error of keeping your blog on a seperate subdomain that throws away all the backlinks karma from making it to the front of HN. You can check out this post for more details https://pawelurbanek.com/simple-seo-mistake
If a subdomain blog has high ranking from backlinks, it’s not really a problem that this doesn’t transfer to the root domain. The visitor gets the content they want and the visitor is also exposed to the company/product that owns the blog. For example, if I land on Stripe’s blog and I’m interested in a credit card processor, there’s a high likelyhood I will also visit their main site, and I will be more qualified since they’ve already provided value from the blog post.
Search engines rank pages, not domains. Search results aren’t a list of domains, they are a list of pages. The domain is only one factor in the page’s rank. Whether a blog lives at a subdomain or root domain, the root domain will not rank higher than the blog post for keywords backlinked to that post.
"Make good content others want to link to" is not something automated SEO testing and SEO consultants can sell, unlike "You have a subdomain blog, please move it to /blog for better SEO points."
> Search engines rank pages, not domains. Search results aren’t a list of domains, they are a list of pages. The domain is only one factor in the page’s rank. Whether a blog lives at a subdomain or root domain, the root domain will not rank higher than the blog post for keywords backlinked to that post.
The problem is when you want to rank both your content on the blog AND some dedicated landing pages. Keeping blog separate will make it harder to get the juice passed to your landings.
Google states a lot of things, especially about ranking. The common knowledge is to keep them on the same domain, people have tested these things a lot. Google absolutely don't rank things the same on subdomain, heck subdomain is even s different site on webmaster tools.
SEO authority of a domain is an important ranking factor. It's much harder to attract backlinks to commercial intent landing than to a well-crafted content marketing blog posts.
Great work. Excellent post. Did you get any enterprise customers? The site is very well made and high quality, but to be honest I'm a little surprised that people were willing to pay for this. I too I'm a 'solo-preneur' but I struggle with validating my ideas. How polished was your UI/UX when you launched on producthunt?
I agree with many suggestions, and I believe the results are very reproducible with some effort.
I would offer an alternative approach to launching with working billing in place. I believe a good way to validate an idea is to launch a site quickly and see how easy it is to generate traffic. I would rather not spend time on coding that may never get used. And early usage may point to improvements and pivots where time will be better spent before attracting paid users.
And it's possible to fake it with free trial periods that extend longer than promised. No one will complain about being allowed to continue using a site for free. And I believe it relieves some of the stress of having trying to support paid customers on early versions of a site.
All great ideas and seems to reinforce the notion that by being helpful and delivering value to others they are more likely to return value to you (especially if you have something of premium value to offer). I'm curious if the "solo-preneur" had a fully articulated (written) business plan complete with an exit strategy in case the business became successful but they got sick of it. I applaud people who have the vision and motivation to build a business on the side but really feel for them when they feel trapped by their own creation and cannot get out.
Thank you mikece, to be honest I have no plan whatsoever regarding how I will react if the business become really successful. It is not my full time job, more a hobby to me so I just enjoy it and do my best to acquire qualified traffic to see were it goes.
It's awesome that after posting in numerous places he was able to finally get some SEO juice. But, the article makes it sound like you're highly likely to get SEO juice from doing this.
My experience, from numerous projects I've started over many years is that the vast majority of time, you won't get any SEO traffic at all even though I've gotten temporary increases in traffic from posting on HN and ProductHunt, quorra and reddit.
I have a similar programming background as the author, so this really resonates with my 'marketing' weaknesses.
This post is simple, yet it really gives me simple steps to figure out how to get the 'marketing' aspect for my product... which was a bit obscure to me, until now. Of course not looking to build the next big thing, just help me understand the basics and get my feet wet.
I normally don't use sports metaphors, but this is like if someone said they spent a year practicing their free throws and got up to hitting 30% of them, but they had a lot of fun doing it. I would read such an article as more of "how not to practice free throws".
No wonder Quora is such garbage now. It's basically a self-promotion platform.