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Ask HN: Am I just a wantrepreneur?

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11–20 of 152 posts

Re: Ask HN: Am I just a wantrepreneur?

#11
How about this (just throwing some ideas out there):

1. Create more niche "properties" that provide a small to medium services. focus on something people might need, be willing to pay a small amount for, and ideally can run with minimal supervision.

2. Rinse repeat #1 until a few of those are ongoing. 8 euros per month becomes maybe 800 and growing over time.

3. Don't try to be Zuckerberg. There is only one of him, thank all the gods.

4. Don't even think about the words "startup", "exit", "investment" etc. Focus on stuff that will provide you with a lifestyle of your choice.

5. Try to make each "property" the best you can. Focus on making a "Good Product" (tm). Good products have better chance of being used. Give each one the love it needs. Stay focused. Complete the project. Take it slowly, there is no rush. You have no Boss here. No deadlines.

6. One of these days, one of those niche idea becomes semi-niche, broader audience. Go with it.

7. Remember there is no magic formula, no secret sauce, luck is a huge factor and there is no guarantee for anything.

8. Aim for lifestyle. It's a good aim.

Re: Ask HN: Am I just a wantrepreneur?

#12
If you want to get money from donations you need publicity because most people who visit your website will never donate. If you are someone who releases/has lots tools I would recommend setting up a single domain with dedicated pages for each tool (e.g. tool.domain.com or domain.com/tool) and setting up a Patreon in addition to the donation button.

Honestly I would put ads on the extractemailaddress.com website and work on improving it's position on the search results. In addition to that localization to one or two other languages would probably be nice to boost the views. That "make a small donation" button really put me off.

Re: Ask HN: Am I just a wantrepreneur?

#13
There isn't much info on how you're doing it but since you're just starting out my advice to you is to keep it simple stupid. To elaborate don't get sucked up too much into new technologies and shiny objects.. If you can make it work with PHP and Vue (or even jQuery) just make it happen.

I had this fatigue when I started learning too much about technology and devops like hosting a site using Docker and stuff and I soon realized that instead of working I was just playing with technologies all day and getting fatigued over nothing. My lesson, there is stuff for big companies and then there is stuff for the solepreneurs.

Also one more piece of advice is there are technologies offered these days as SaaS. You don't have to do everything. A lot of the times you can just buy a service for $30 / mo and get going. Don't wander around too much trying to reinvent the wheel. Need authentication, use auth0, need a file uploader use uploader.win, need to deliver mail use mailgun. This can save you a lot of time and headache.

Re: Ask HN: Am I just a wantrepreneur?

#14
An entrepreneur is a more difficult job that requires you to be good at more than just programming. A capable entrepreneur imo, would not be churning out random super niche websites like the ones you just listed, hoping that one of them sticks.

Market research takes time and effort, just like programming does. If you do not already have an idea you know will make you money, you will need to put in the time and effort to find one instead of using that time making random websites. Some people do get lucky and find a niche without much effort, but that is likely not the case for most.

Re: Ask HN: Am I just a wantrepreneur?

#15
I was in your same shoes until 4 years ago. I wanted to be an entrepreneur so desperately. I developed websites which solved technical problems imagining users would flock. I tell you it was heart breaking to see one or two hits every week. I tried 3-4 different applications and had zero revenue - docverifier (a document formatting and verification software for students), inqvest (a platform for angel investors) to name a few which have all been dissolved. In 2014, I was finally able to create a niche software product - www.legistracker.com which now creates some passive income. It is not a real business yet but it helps me pay off some of the bills. I was able to do it because realized I was looking in the wrong direction. The problem is that I never ASKED any potential customer what would be a good problem to solve. Without a paying customer, you have no viable product. What I would suggest is that you target small business owners what would help them in a. increase their sales or b. increase their productivity. I wrote a small e-book https://payhip.com/b/VdmH exactly outlining how to find your first target paying customer if you are interested. Don't lose hope. Good luck!

Re: Ask HN: Am I just a wantrepreneur?

#16
Go watch all the videos at www.startupschool.com

Writing code and starting a business are different activities. You need to learn how to start a business, figure out what product you want to build, find out what market you want to target, merge the product and market to get a product/market fit. Then figure out selling/marketing/funding and all the rest.

Ideas are actually the easiest thing, execution is the hardest.

You might not want a startup but a small business that can make more than you currently make, then head over to indiehackers.com

You can do it. Have you considered partnering up with someone else? It's really hard to go at it alone. Not impossible, but really tough.

Re: Ask HN: Am I just a wantrepreneur?

#17

There isn't much info on how you're doing it but since you're just starting out my advice to you is to keep it simple stupid. To elaborate don't get sucked up too much into new technologies and shiny objects.. If you can make it work with PHP and Vue (or even jQuery) just make it happen. I had this fatigue when I started learning too much about technology and devops like hosting a site using Docker and stuff and I so…

Conversely, go down every rabbit hole and write off your time as a learning experience. If OP is committed to starting a business, focus on the business. But there's value in being in an "open mode" if you can get it thru to your brain that it's ok to not get anywhere quickly. The really valuable innovations are going to be in the overlooked areas.

Re: Ask HN: Am I just a wantrepreneur?

#18

Go watch all the videos at www.startupschool.com Writing code and starting a business are different activities. You need to learn how to start a business, figure out what product you want to build, find out what market you want to target, merge the product and market to get a product/market fit. Then figure out selling/marketing/funding and all the rest. Ideas are actually the easiest thing, execution is the hardest.…

I'm curious, do you have examples of yourself doing the above successfully?

Re: Ask HN: Am I just a wantrepreneur?

#19
You may try to maintain a positive attitude before anything else. There are definitely many different career paths.

You've said yourself that people have paid for the things you've built in the past, so you are definitely more capable than you think when it comes to building stuff.

If the money you make barely covers your hosting costs, this might mean two things: 1) Not many people know about your solution, 2) you are not solving a big problem. 1 should be correct, if you've managed to make 8€/month, it'd be really odd if all the money you can make with your solution is capped at this amount. There should definitely be more people willing to pay you, you just have not managed to meet them. Maybe you should spend more time about distribution. I also think 2 might be true, too. Maybe instead of building ideas right away, you may spend more time evaluating ideas, talking to people to understand what's important.

Last of all, I think defining characteristics of successful entrepreneurs include resourcefulness and perseverance.

Re: Ask HN: Am I just a wantrepreneur?

#20
Surely, I have tried to find an audience for a twisted "Come Dine With Me" (but who would host 3 others random unknown people in their own house??), have started some websites (extractemailaddress.com, linux-commands-examples.com) in the hope to get a big enough niche audience... But all I can get is an average of 8€ per month of donations, which barely covers my hosting costs.

This sounds to me like you are looking at the "skin" of what other people do and trying to replicate that instead of digging into the guts behind why their thing was successful.

I talk a lot with my sons about how dragons in fiction are "the red dragon" and "the blue dragon" and "the green dragon" etc. And maybe the red dragon breathes fire and the blue dragon breathes ice and the green dragon breathes acid, but they all look essentially identical except for the color, like you took a stamp and stamped out three dragons and colored them all differently with crayons.

In reality, if you have three species that are that fundamentally different in function, they will look vastly different. It won't be the same body, but with different skin.

You can see this readily in nature. Penguins are birds. But they are birds that don't fly, live in a very cold climate and swim. They look vastly different from most birds that live in warmer climates and fly instead of swimming.

So, no, it isn't sufficient to replicate the "skin" of a successful business. You need to do research and find out what the hidden parts are that make it actually work. This is sometimes called "the secret sauce."

No matter how much public data is available about a business, there will be things the public doesn't know -- The working guts of the business that happens behind the scenes. This is what you appear to be missing.

In my thirties, I was doing similar things. I was pursuing the trappings of a business without actually accomplishing anything.

The crux of all business is you need paying customers. You need to figure out a thing of value that people will pay you for. If you can't figure that out, the trappings aren't going to do anything. If you have that, layering on some trappings of business can improve things.

But you have to have that piece first and foremost. And from where I sit, you don't seem to be doing that piece.

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