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Ask HN: What made your business take off that you wish you'd done much earlier?

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91–100 of 492 posts

Re: Ask HN: What made your business take off that you wish you'd done much earlier?

#91
post #51
post #10

I second this one… I can’t think of a single product in this world that truly sells itself.

> Tesla does not advertise or pay for endorsements. Instead, we use that money to make the product great. https://twitter.com/elonmusk/status/1129924410339495937

Advertising is only a small part of marketing.

Re: Ask HN: What made your business take off that you wish you'd done much earlier?

#92
post #51
post #10

I second this one… I can’t think of a single product in this world that truly sells itself.

> Tesla does not advertise or pay for endorsements. Instead, we use that money to make the product great. https://twitter.com/elonmusk/status/1129924410339495937

What do you think a presentation by Elon of the latest models is?

What do you think putting a Tesla on a rocket and launching it towards Mars is?

What do you think PR pieces talking about the latest Tesla tech are?

Elon tweeting about Tesla is advertisement. It's not because it's not a pretty picture in a magazine page that it isn't.

Re: Ask HN: What made your business take off that you wish you'd done much earlier?

#93
post #76
post #25

Ran a web agency from ‘08-‘13, grew it to 20 FTEs fully remote then sold it. A few accelerants: 1) Hired talented engineers in low cost of living areas in the US. 2) Started replacing myself by hiring multiple managers, which helped when I sold the business as it was no longer just about me. 3) Converted long-term clients to pre-paid retainer billing with helped create predictable workloads and revenue streams.

I was wondering, how do you sell a company? It's not like there is an eBay or craigslist for companies, right?

>It's not like there is an eBay or craigslist for companies, right?

There's a few of these sites. Just search for them.

Re: Ask HN: What made your business take off that you wish you'd done much earlier?

#94
post #60

Earlier quoted context omitted.

It works. These days the secret is you have to hire the good South Americans. Exploit the fact corporate America hasn't caught on to routing contracts through Upwork et al. Then don't get greedy, keep the TCE delta below 20%, so they stay more than 9 months. You can take your pick of the finest FOSS contributors Guinea and Paraguay have to offer. -------------------------------------------------------- Startup engine…

> If you need more than two engineers + 2 assistants, you should have hired smarter engineers. Oh, I half thought you were serious until this point. I still don't get the joke though.

Depends on the product what you actually need, but I've personally watched more than one successfull software product launched with a more or less this resourcing. Not exactly this recipe but very much in the ballpark.

The assistants aren't assistants - you hire them with minimum pressure, but try still to find the most talented junior you can find.

Re: Ask HN: What made your business take off that you wish you'd done much earlier?

#96
If just being self-employed counts and raising the bottom line counts as "take off": I should have made my services much more expensive much sooner.

I less than 40% percent of potential customers balk at your rate, it's time to give yourself a raise.

Re: Ask HN: What made your business take off that you wish you'd done much earlier?

#97
post #79
post #76

Earlier quoted context omitted.

I was wondering, how do you sell a company? It's not like there is an eBay or craigslist for companies, right?

There are several, including Flippa: https://flippa.com

FE International is another one: https://feinternational.com/

Re: Ask HN: What made your business take off that you wish you'd done much earlier?

#98
post #60

Earlier quoted context omitted.

First one doesn’t work anymore with remote being so common they demand the same wages as everywhere else.

It works. These days the secret is you have to hire the good South Americans. Exploit the fact corporate America hasn't caught on to routing contracts through Upwork et al. Then don't get greedy, keep the TCE delta below 20%, so they stay more than 9 months. You can take your pick of the finest FOSS contributors Guinea and Paraguay have to offer. -------------------------------------------------------- Startup engine…

"There's good talent in Thailand as well. RIP my friend the Thai data/cloud principal eng banking 14k USD."

Don't know from when this is but tech salaries in Thailand are much higher and it's hard to find people.

This would be fresh grad level at most.

Re: Ask HN: What made your business take off that you wish you'd done much earlier?

#100
post #60

Earlier quoted context omitted.

It works. These days the secret is you have to hire the good South Americans. Exploit the fact corporate America hasn't caught on to routing contracts through Upwork et al. Then don't get greedy, keep the TCE delta below 20%, so they stay more than 9 months. You can take your pick of the finest FOSS contributors Guinea and Paraguay have to offer. -------------------------------------------------------- Startup engine…

"There's good talent in Thailand as well. RIP my friend the Thai data/cloud principal eng banking 14k USD." Don't know from when this is but tech salaries in Thailand are much higher and it's hard to find people. This would be fresh grad level at most.

Oh, I could be wrong on the number. It's extremely low though, certainly in the teens.

As a person they're very opinionated about not working for a "product company." And have worked at the same company their entire tech career after bailing out of some traditional engineering discipline (I think 6 yoe?).

Sweetest person ever. Never really followed up that conversation when I asked them if they were considering remote.

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