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Ask HN: Successful one-person online businesses?

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Re: Ask HN: Successful one-person online businesses?

#101
post #88

Earlier quoted context omitted.

Not sure where I’m being a “bastard”? I answer most replies, many of them odd questions about tech stack when the whole point of the original tweet is that tech stack is irrelevant here.

After re-reading that thread I can see why you were frustrated with the people arguing over minutiae. So I apologize for that.

Thanks!

Re: Ask HN: Successful one-person online businesses?

#102

Earlier quoted context omitted.

Yes exactly. Also why would anyone need more than $50k/m? Even if you have a family?

is that revenue or take-home profit?

Costs and tax goes off but my profit margins is somewhere from 80% to 90%. Mostly server, mail and map costs.

Re: Ask HN: Successful one-person online businesses?

#103
post #39

Earlier quoted context omitted.

Yes, this guy is truly an inspiration. If you're a one person business, you will find this tweet very useful: https://mobile.twitter.com/levelsio/status/93870716650815488... (aka stop running after shiny new things and just do it!)

No offense but Pieter Levels seems like a bit of a bastard, and you can see it in that thread. I don't pay much attention to him, but when I do come across his social media posts they're pretty off-putting. He's pretty successful yes, but €50k/mo is not exactly f-you money.

So he's a 1) bastard 2) off-putting and 3) not as successful as you want him to be.

C'mon dude. At least be consistent with your line of reasoning.

Re: Ask HN: Successful one-person online businesses?

#104
I run Scribophile, one of the largest writing communities online, as a one-person business, though I have a ton of help from our volunteer forums moderators.

The story is pretty unimpressive... I had the idea back in the days when web 2.0 was the new hotness, so I decided to make it happen and use it as an excuse to learn web 2.0 technologies. It was a freemium model from day 1, though I didn't expect many people to buy the paid upgrade.

People seemed to like it, paid upgrades were getting sold, and after a while of it being a hobby I realized I could live off the earnings and decided to make it full time.

It allowed me to spend many years being a digital nomad back when that sort of thing wasn't quite popular yet. I traveled to a lot of places and met a lot of fascinating people. Now I'm settled at home but those years of my life were priceless.

These days we're one of the largest and most respected writing communities online, at least 3 of our members have been in Writers of the Future awards ceremonies, and our members regularly go on to be published by major publishers and smaller outfits.

I should also emphasize that having one's own business doesn't mean you're a millionare, like many assume. I make a comfortable living but much less than you'd think if you pictured a "business owner guy". I still very much consider myself a success, because I get to do what I love, and on my own schedule. (For example I took a little time off to start a new hobby, standardebooks.org, which produces high-quality, modern ebook editions of public domain literature, and releases them free of cost and via CC0.)

Re: Ask HN: Successful one-person online businesses?

#106
post #39

Earlier quoted context omitted.

No offense but Pieter Levels seems like a bit of a bastard, and you can see it in that thread. I don't pay much attention to him, but when I do come across his social media posts they're pretty off-putting. He's pretty successful yes, but €50k/mo is not exactly f-you money.

He's already his own boss, the whole point of f-you money is being able to tell your boss, "f you!" That means you can either go for the lump sum or the annuity, either one gets you out from under The Man.

hey man i love my boss :).

Re: Ask HN: Successful one-person online businesses?

#108
post #84

Earlier quoted context omitted.

Then why not just list the profit? Typically when I see revenues posted it means the profit must only be a fraction of that amount.

Let's use a car as an example. Say Peter's biz buys a car and he uses it. Is that an expense? Does the biz make less profit because of that car payment? Or is he just spending profit on it since it's mainly/entirely personal use? Not trying to get into a tax discussion but my point is profit can be massaged and is entirely subjective. Revenue is not. The money came in, or it didn't. Even in the US for single-job W2 e…

Bwaha, revenue can be massaged even worse. There are companies making BILLIONS in revenue, and it all sounds very impressive until you see they are actually burning more money than they are even making. Profit can’t be more than revenue, but it can certainly be negative.

Re: Ask HN: Successful one-person online businesses?

#110
post #28

PlentyOfFish was run by a single guy for a long time AFAIK.

And it makes sense. Why would you want to continue running an online dating site after entering into a relationship? Not only would I think the motivation would mostly disappear, or at least drop off precipitously; but also, you have to think your significant other would always be kind of suspicious, and rightfully so.
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