Live data from Hacker News

Ask HN: How did you start your business?

news.ycombinator.com

21–30 of 145 posts

Re: Ask HN: How did you start your business?

#21
Neither. After getting my degree, I continued a student project for 1 year that went nowhere. Eventually, I realized it wasn't going anywhere, so I decided to look for a job.

I went to a hackathon, summarily said I was looking for a job on stage at the end. Instead, someone I already knew came talk to me about their startup idea (which had PoC already live, a solid business plan and good proofs the project could be viable), and I decided to give it a go.

That was 5 years ago, I'm still there, learned a lot, and now we are 12 employees (we started at 2 unpaid founders, and started paying ourselves a minimal salary after a year). While it's not up to SV standard, I do consider it a success that we are still alive, and did not sell our soul doing others people project at any time of the company (which happens a lot here, companies don't die, they become contractors).

Important note: I had the privilege of a nice parental cushion that let me do that instead of absolutely requiring an income. I couldn't have done it otherwise.

Re: Ask HN: How did you start your business?

#22

The best thing that I was able to do is to reduce my fulltime job hours to part time, initially 3 days/week, and used the other time to grow my own business. This may or may not be applicable in every situation, but if you are a positive contributer in your working environment, it's unlikely that your boss would rather just replace you (and retrain a new person) instead of just having you work less. This eases the st…

You know what, I've never thought about that possibility at all. Usually, when you hear about starting a business while working, you're just working extra hours on top of your 9-5.

Maybe I can try that with the leave I have saved up and then ease my way into a part-time gig. Well, after I start making money on the side business.

Thanks for the insight.

Re: Ask HN: How did you start your business?

#23
I started making video games as a teenager, and about ten years ago there was this golden age of Flash games where you could make a small video game, auction it off on a private website to various companies that ran Flash game arcades. You'd incorporate their branding, ads, links, and in exchange receive an upfront fee followed by a split of the ad revenue. Over the course of my three year degree I had five games published, which gave me a taste of the business side of game development. It was a weird, unique, fun time in game development! I don't think there's much like that now for hobbyists to transition into commercial work quite so naturally.

But I finished uni and went into the industry, writing Python/Django code for a startup. During this time I started work on the game that eventually let me go full-time, The Cat Machine (http://store.steampowered.com/app/386900). I'd work on it on Saturdays and towards the end of development I'd even get up early in the morning to get an hour or two in. I released it on Steam and a bunch of other places, where it did... better than a niche puzzle game about cats should do, I think! Other good things happened, it was featured for a number of months on the front page of the Apple Mac Store next to actually really good games like Braid and Mini Metro, so it turned out that cross-platform support was really worth it!

I've been working on my second downloadable title for the past two years (http://store.steampowered.com/app/654960/The_Eldritch_Zookee...), but that's the story so far!

Re: Ask HN: How did you start your business?

#24
post #14

I left my job, took some time out, and then started building my business ( https://dependabot.com ). Financially, it's been tough - after 10 months Dependabot makes $2,100 a month (although that's now growing quite fast). I know I'm the kind of personality that couldn't have started it at the same time as working a full time job, though - I need to be really focussed on one thing at a time.

If you want those big money enterprise clients, add Maven and Nuget support.

I agree. If this tool does what it says, and supported .Net/Nuget, my company would throw a lot of money at it. More than the $50/month advertised.

Re: Ask HN: How did you start your business?

#25
post #2

I have had some side projects make a little bit of money, but never enough to make any sort of headway toward replacing my full-time job. My current effort is also a side business while I continue to work my FT job. It is definitely detrimental to the business to continue to devote 40+ hours per week to something else, but I need to feed my family (if I was young and single with no other financial obligations, I woul…

Depending on how far you take your business while young, you may find it difficult to go back to regular employment, especially in places where people expect you to be reliable and dedicated. I'm not sure young people can take financial risks, unless they're already rich. If they're not rich, I'd sooner advise people to work for long enough to have a safety net of cash, as well as cash to invest in their idea first.…

> I'm not sure young people can take financial risks, unless they're already rich.

It's a lot easier to take a financial risk when you have no dependents and no mortgage.

I quit my job to start a business in my late 20s, when I was single and had no kids. I will say that another reply's statement is very true: "If I think back to the person I was in my mid-20s, I would not have had the dedication, confidence, people skills, or even the technical know-how to pull off anything approaching a successful business."

In my case, I just wanted to be in charge of my own destiny for awhile, with the freedom to screw up. (And I did screw up.) Although I wish I did things differently, the experience itself was worthwhile. Our modern upbringings are so structured that "starting our own business" really just turns into an outlet for avoiding authority for awhile.

Re: Ask HN: How did you start your business?

#26
post #3

I left my job. Or, more accurately, the startup I was doing contract work for went under, and I decided not to look for another contract afterwards. I worked on a few projects before starting my business, Indie Hackers, which I grew to just under $6k/mo in revenue (in 8 months) before joining Stripe. I've done interviews with close to 300 founders. Recently, I added a sortable, filterable directory that can help answ…

That's awesome. What is the business model of IndieHacker?

Re: Ask HN: How did you start your business?

#28
post #8

I had been a recruiter for several years, starting off out of college with a ~200 person international firm for a couple years and then a founding member of a small boutique recruiting firm for about seven years. I eventually figured out that I wasn't getting any value from my partner, so I started my own recruiting firm. During my recruiting career I was always writing/editing resumes and giving job search advice to…

Recruiting and resume writing is what entrepreneurs call a "tie shop business." The product is already well-defined, the customers are already well-known, and how to operate the business is already well-known.

Even a software consulting firm is a "tie shop business."

Developing new technology is the polar opposite of a "tie shop business." The product is new, the customers are unknown, and how to sell the product is unknown.

The reason why I state this is that hacker news's users, and Y Combinator's businesses, are developing new technology. They aren't creating "tie shop businesses."

It's important that you know the difference when participating in a forum like this, and deciding what kind of business to start. Advice that applies to a "tie shop business" doesn't really apply to someone who's starting a business to develop new technology.

Re: Ask HN: How did you start your business?

#29
I was and still am working full-time, but I try to put a new side mvp project out every roughly every 6 months which can (hopefully) generate revenue. Ive been doing this for about 2 years, and am launching hopefully my third "successful" project in April.

My most recent project ( https://projectpiglet.com/ ) is an AI financial predictor - I started with scripts in 2013 - 2014, I then rewrote it recently to launch as a web service. So you can say it started as a side project, made me money (100% yoy), then after I felt it was validated, I went to expand.

My first project ( https://easy-a.net/ ), was built as a weekend project to help some friends. It lets you know the grade distribution of every course, semester and professor of the universities in the system. Further, it provides estimated workload, probably exit grade for you, etc. My friends needed it because they couldn't get in to see a CS advisor at UIUC at the time, because they only had one advisor for ~ 1600 students.

The two I have today (aka the remaining "successful" MVPs) are gowing at an alright pace based on how much I put into it. And although I don't plan on leaving my job yet, I'm sure in the next couple years.

For reference, I did $3k the first year from my projects, $7k the second, and this year I'm on track for ~$25k+. I think I've heard it called the hockey stick of death.. where it isn't profitable enough to sustain itself, but it's growing... Slowly. It's a pain for SaaS. But I try to improve the products because they are both growing constistently.

The project I'm about to launch is built off my most recent platform ( https://projectpiglet.com/ ). I think I can build at least four apps off of it - which I why I built it. More MVPs to try for the market!

List of ideas that haven't made it (yet at least):

- http://synaptitude.me

- http://lettergram.github.io/AnyCrypt/

- thinksuite - https://www.kickstarter.com/projects/synaptitude/thinksuite-...

- pearlywhiteparcels - toothbrush deliveries (similar to Dollar shave club), couldn't find enough partners with dentists (probably didn't want you to clean your own teeth lol)

Re: Ask HN: How did you start your business?

#30

The best thing that I was able to do is to reduce my fulltime job hours to part time, initially 3 days/week, and used the other time to grow my own business. This may or may not be applicable in every situation, but if you are a positive contributer in your working environment, it's unlikely that your boss would rather just replace you (and retrain a new person) instead of just having you work less. This eases the st…

This is exactly what I'd do. I'm currently at 20h/week due to finishing university. After that I'll go to 40h/week for a while, and if I figure out the ideas I have are "more than a hobby"-worthy I'll reduce to 80%, pursue those and see where it goes from there.

My SO and I don't plan to have kids and our rent is already well affordable; this makes it easier (plus FT job \subset hobby helps a lot); so additional earnings would go straight to savings anyway...

Post reply on HN