I've seen Mark Cuban use "wannapreneur" many times on his show and I've heard others use this term. I spent a good week trying to figure out what they meant because the term never seemed to correlate to the size of the success of the pitch they were hearing. At one point someone came in who has built some kind of underwater propulsion device which was the culmination of 3 years of work. He had a pretty polished proto…
You're a wannapreneur if: - You talk to people about your ideas, but never build anything - You build something without first talking to people - You build something and never try to sell it If you build something that people say they'll pay for and then they don't actually pay for it then this is problematic, but also normal and doesn't make you a wannapreneur. At that point it's just part of the struggle.
Ask HN: Am I just a wantrepreneur?
61–70 of 152 posts
Re: Ask HN: Am I just a wantrepreneur?
#62You'll know you're at the bit I'm talking about when he starts talking about the book Human Universals.
Re: Ask HN: Am I just a wantrepreneur?
#63Just my 5 cents on making linux-commands-examples.com into an actual business: 1. Do a Google Trends research on the Linux commands people search for (and get trouble with/get confused with). Pick ~5 most popular ones. 2. Find 2-5 pages on the Internet for each command where people asked for help and didn't get a 100% satisfying reply. 3. Write a description page (or article) for each of those commands, explaining th…
Re: Ask HN: Am I just a wantrepreneur?
#64Just my 5 cents on making linux-commands-examples.com into an actual business: 1. Do a Google Trends research on the Linux commands people search for (and get trouble with/get confused with). Pick ~5 most popular ones. 2. Find 2-5 pages on the Internet for each command where people asked for help and didn't get a 100% satisfying reply. 3. Write a description page (or article) for each of those commands, explaining th…
That is a big once.
>you can start monetizing it
How? Ads from an ad bank?
Re: Ask HN: Am I just a wantrepreneur?
#65A key part of this puzzle is knowing what you want to focus your mind's effort on: product design, coding problems, sales, etc. When you actually meet a market, you aren't just doing whatever you want and they buy it: you are engineering the specific thing that they actually buy, whether it's stereotypical "service with a smile" or "value for money" or "niche high end for discerning tastes". And advice about finding and optimizing performance metrics is exactly what this accomplishes. You have to consciously decide which metrics you want to optimize and throw all your leverage around their improvement, which tends to also throw you outside your comfort zone.
If you don't want to do that kind of sales-and-profits hustling, you're being an entrepreneur in a more speculative, "build it and they will come" sense, which has a much lower hit rate. But that doesn't mean you can't do it at all: you still have to decide on metrics for success, you just aren't using the surface ones now. It is in avoiding any kind of deliberate improvement that you trail off into having a non-functional business, and there are plenty of companies around that are alive, have employees and turn profits, but are in a zombified state, not really showing ambition - and that's definitely not entrepreneurship.
For example: you are in the business of manufacturing and selling crowbars. You decide that you will sell "the world's strongest crowbar". OK, now you have goals that produce a lot of activity: how strong are the existing crowbars on the market? What tests should you use to determine strength? Which materials and manufacturing methods will make your product stronger? What marketing materials will demonstrate the results most effectively?
At the end of that work, you may discover that there is no market for your crowbar, but there are opportunities for adapting the process to rebar instead.
When companies grow really big, the entrepreneurial process turns to one of creating a "machinery of people", vs proving that the market for employing those people exists. It's a different skillset, and is utilized only occasionally, when the stars are right and you happen to have a business that can scale. But it's still ultimately about setting the metrics that are right for that business at that moment.
If you aren't involved with fitness/sports/athletics, it's worth doing so just to get a taste of what focusing on performance and growth mindset day after day will do.
Re: Ask HN: Am I just a wantrepreneur?
#66Earlier quoted context omitted.
You're a wannapreneur if: - You talk to people about your ideas, but never build anything - You build something without first talking to people - You build something and never try to sell it If you build something that people say they'll pay for and then they don't actually pay for it then this is problematic, but also normal and doesn't make you a wannapreneur. At that point it's just part of the struggle.
Damn. I'm definitely a wannapreneur. Time to get out there.
Re: Ask HN: Am I just a wantrepreneur?
#67I think the thing with the most value you can build in your life is a company. One off websites can be very successful, but it's rare. You'll have higher success building a business that solves some problem for a big audience.
Come back when you've failed ten times. I'm sure even then you won't be asking that question.
Re: Ask HN: Am I just a wantrepreneur?
#68Just my 5 cents on making linux-commands-examples.com into an actual business: 1. Do a Google Trends research on the Linux commands people search for (and get trouble with/get confused with). Pick ~5 most popular ones. 2. Find 2-5 pages on the Internet for each command where people asked for help and didn't get a 100% satisfying reply. 3. Write a description page (or article) for each of those commands, explaining th…
- 1,000 views/day => ~$1/day => ~$30/month
- 100,000 views/day => ~$100/day => ~$3,000/month
- having blogged about something on a regular basis that I cared about, I think my blog got maybe 50,000 visitors in 3 years, although I wasn't trying to attract them per se, and then I ran out of things I wanted to talk about
- you'd have to really like creating content to grind away for a long time to start making any real money, unless you get lucky & somehow attract a bug audience that sticks around
- if/when I decide to create a business again, I'd probably hate trying to build up an audience that was monetized with ads alone
Re: Ask HN: Am I just a wantrepreneur?
#69Earlier quoted context omitted.
> "Ideas are actually the easiest thing, execution is the hardest." This. I've seen many people with "good" startup ideas, but doing always > talking.
Most programmers see the opposite, actually. Every one of my friends want to do a startup, but "dont have any good ideas". Any tips for finding the right idea, or do you have any good ideas :)