Hacker News new | comments | show | ask | jobs | submit login

You should spend 90% focusing on profits, and 10% coding.



I think MySpace did that and if your goal is to build an audience on the basis of free99 then throw ads at them, you leave room to get taken over in your niche.

The view you present shows no pride in ownership, quantity over quality, and it still works though. As Seen On TV products are an example...sell cheap stuff so low, that it's not worth returning. Cereal and Chips and the packaging model is another successful example.

However, I still say, just like coding, there is an art in a business model, and the more dedication any entrepreneur spends on their implementation will determine their success.


The view you present shows no pride in ownership, quantity over quality, and it still works though.

I wonder how you got that from my comment? All I said is that in a business, the focus is on profiting. Code takes a back seat, because perfect code ever made anyone money. Though I'm not saying to develop a shitty code base. But in reality, the software is merely the product, and not the business. I take a lot of pride in my work, and do not ship/sell products built on top of bad code. But I do know that the focus is on the business side. That's why I'm able to successfully bootstrap while others fail with millions of funding. (:

Myspace failed because it did not adapt to the market. They got lazy.


What I got out of your comment was monetize at every possibility (maybe I misconstrued it).

>in a business, the focus is on profiting

This is what I agree with you. Websites/Apps are usually projects before they are cultivated into a businesses. Maybe it's semantics, but I think "profits," conveys the wrong message in your vague comment earlier.

If any developer wants to monetize their product (their code), I think what you're trying to convey (based on your response) is that much thought needs to go into the efficiency and risk/reward ratio. How much will your distribution cost? How efficient is Nginx vs Apache?

Basically, business practices will result in less cost (risk) for the project that turns into a business. Efficiency of the business model will result in the lowest costs for the project/business, to the point where profit is feasible.


What I got out of your comment was monetize at every possibility (maybe I misconstrued it).

No, that's not what I meant. Monetizing and profits are two different things.


Yeah, I figured it was on me when you actually started talking about business. I thought you were trying troll and say it's all about money and greed :)


Once you get to know me, you realise that I don't think its about money and greed. To me money is merely but a tool. Greed is the worse drug that has ever existed. I'm more about creating new things and jobs. To give back to society, rather than take from it. Sure, I will make money off of it, and will have a good lifestyle. But I make sure that others do so as well. All the money in the world doesn't mean a thing if you have to live inside a castle.




Guidelines | FAQ | Support | API | Security | Lists | Bookmarklet | DMCA | Apply to YC | Contact

Search: