41–50 of 243 posts
Depends a lot on your definition of "successful" and "business". Most very successful one person businesses I know of are specialty consulting businesses.
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What is a lifestyle project?
I don't know if there's a better term (I've just seen it used online). This is what I meant by it: https://thebusinessprofessor.com/knowledge-base/startup-vs-l...
i think coinmarketcap was solo or one person
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Can you broadly talk about how you came up with the idea, how you contacted the company?
An acquaintance worked for the company and asked for help replacing an existing paper process with an excel document. I helped, but mentioned a web app would work much better. The company trialed the excel version but came back with some concerns. I talked it over with the friend and decided to spend my free time building it out. Once I had a beta ready they trailed it in their location and they loved it. We got it i…
Earlier quoted context omitted.
An acquaintance worked for the company and asked for help replacing an existing paper process with an excel document. I helped, but mentioned a web app would work much better. The company trialed the excel version but came back with some concerns. I talked it over with the friend and decided to spend my free time building it out. Once I had a beta ready they trailed it in their location and they loved it. We got it i…
Asking here, unable to reply to the comment below. The hard part is identifying them, and picking one where the value added by a web app is worth paying for. As someone who doesn't have any contacts with companies (I'd assume this is true for most people here), any pointers on how to go about doing this? I tried the cold email route (even made a friend this way, we still keep in touch after two years, though we haven…
You need to develop contacts at companies! There are lots of different ways to build your network, but the bottom line is that to be successful with this line of work, which is essentially consulting (at least in the beginning stages), you need to meet people and earn their trust. If you are introverted this will likely feel awkward and uncomfortable (which is why it’s called getting out of your comfort zone).
It takes a fair bit of effort to get someone to the point where they are willing to walk you through their business processes. Showing genuine interest in their operations and asking lots of good questions is key.
I'm a one-man army, too. I've built SaaSHub https://www.saashub.com & LibHunt. I left my job a few months ago and since then have focussed on developing and growing SaaSHub. It's been growing steadily for the last 2-3 months. My expectations are that it will generate ~$2,500+ in January and $100k+ in 2020 given the current growth. I have a massive list of ideas that I will work on next. Yet, I'd like to be fully sust…
How does SaaSHub generate revenue? I have neither seen any ads nor any payment possibilities.
Also, companies can pay for a featured listing https://www.saashub.com/featured-products
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Coming from scandinavian welfare state, it is really difficult for me to understand why someone would give to their relatives some of their income. Especially if you earn it by working, and the reasoning being so that they don't have to worry about money = have less pressure to work. I don't want to judge anyone, just wanted to state that there is clearly quite a big cultural gap here. I don't know anyone around here…
Your country has a welfare net. For the third world countries usually children are the welfare net. It's not that hard to understand.
As parent said, he may have the first type, but not the second, so it's hard for him to answer on it without making it sound like a culture clash.
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An acquaintance worked for the company and asked for help replacing an existing paper process with an excel document. I helped, but mentioned a web app would work much better. The company trialed the excel version but came back with some concerns. I talked it over with the friend and decided to spend my free time building it out. Once I had a beta ready they trailed it in their location and they loved it. We got it i…
Was it hard to negotiate/agree with them on the price?
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Was it hard to negotiate/agree with them on the price?
Not particularly, I started a bit higher than I really wanted so they could negotiate down a bit, but it’s a reasonable price for what they get. I think the trick is pricing based on value provided by the solution; what’s it worth to them?
I run a one-person company [1] whose tech makes reading on screen easier/faster/more accessible. The B2C tools (iOS app and browser plugin) bring in 5 figures, but in 2019 the IP licensing took off. We have large educational clients that are integrating the tech because of its benefit for students (especially those with ADHD and dyslexia). IP licensing is great because it means I don't need to spend time building the…