161–170 of 277 posts
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I suggest you look into Header Bidding, you're leaving tons of cash on the table by going all in on just one demand partner.
Sortable does header bidding. What are your recommendations for other firms?
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.
Tarsnap. I have an employee now, but I ran the company myself for the first ten years and from ~2011 onwards Tarsnap has been the vast majority of my income. I got started by... well, sitting down and scratching my itch. I wanted good backups, and it turned out that other people wanted them too.
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50k a month isn't f-you money? What???? What in the world is wrong with this place? My wife and I are combined pulling 10k a month. I can only imagine that I would need to come up with creative ways to actually burn through the other 40k.
It's certainly impressive for a one person company. Is that 50k a month profit though? I co-own a company that turns over a similar amount but you wouldn't be jealous of my bank balance.
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I would say that these sites chronicle just the tip of the iceberg. I run a successful solo online business and would never agree to be profiled as I don't want to invite competition.
In my opinion, those site are just advertising for your business.
Also, the interviews are just one part of the site. Arguably the most useful part of Indie Hackers is the forum where people share what they're working on with the goal of getting feedback and advice from other founders.
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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.
Please explain the scenario in which you can take the same balance sheet and use it to show two different revenue figures. You can't. You can easily do the same thing with profit.
I have been running a very unsexy business selling WordPress plugins for the last 5 years, averaging about $30K in revenue a month. Only expense is my time spent and a $5 Linode VPS that hosts my shop & update server.
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Sortable does header bidding. What are your recommendations for other firms?
I believe they do header bidding for their own demand, but you can squeeze more revenue out of your traffic if you learn to manage your own headerbidding stack. Take a look at prebid.org and checkout the r/adops reddit. You might find some inspiration there.