Live data from Hacker News

How to become rich even if nobody is following you on Twitter

blog.cubeofm.com

61–70 of 192 posts

Re: How to become rich even if nobody is following you on Twitter

#61
post #2

I think the bigger hurdle for most people is getting from $0 a day to $1 a day. Replicating success isn't as hard as finding success.

I refer anyone that's interested to Ed Dale's 30 Day Challenge. It's a free online course to learn to make your first $1 online. It's mostly about niche selection, test marketing, and beginning SEO, but it's great for beginners. It's not overwhelmingly awesome, but it's free and targeted to people that aren't ubergeeks like us.

http://www.thirtydaychallenge.com

Re: How to become rich even if nobody is following you on Twitter

#62
post #4

There's a third option not mentioned in the article. That's creating a $1/day project, then working to make it a $2/day, then $3/day. Either through improving the thing you're selling, or by finding better ways to sell it. Take, for example, Patrick@bingocardcreator.com . He seems do have done pretty well following that method. I don't know if that's any more or less work than building 400 projects, each selling for…

And being followed on twitter will help you a big deal in growing.

Not necessarily. If you're being followed by 7,000 "people" who really turn out to be just Twitterfeed dumps and folks trying to sell you something, that's a useless set of followers. If you have 1,000 followers where a good portion of them actually interact on Twitter (and with you), I think that's more helpful. I know people with tens of thousands of followers who can't seem to get more than 10 people to retweet any blog post they write, but others with less who seem more influential.

Re: How to become rich even if nobody is following you on Twitter

#63
post #22

I think if you try to create 400 projects, most will make 0/day and a couple will make 10/day. Then you optimize those. Slowly you end up with a small number of projects generating a half decent amount money. This is actually a great way to prevent yourself from choosing a local maximum in the product space. You climb a bunch of hills a little bit. (edited)

Over diversification is dangerous too. Jack of all apps, master of none? I like the idea, but the problem with this product space search is that is dead slow. You might want to search like this for a bit and see what takes off, then put more energy into the ones that are doing well.

You are right about the dangers of diversification. You would have to prune down projects as you go or else risk not doing anything well.

However, if the projects are designed to be all up front effort and no ongoing time costs, you can just leave them to languish. I have had things take off in a minor way, long after abandoning them.

Re: How to become rich even if nobody is following you on Twitter

#64
post #29

Earlier quoted context omitted.

I guess I should have said sounds like a "strategy." It dislike the strategy because it's not why I program. I don't program a million things to make a million dollars. I program because it's a passion, and unless I misinterpreted the meaning of the post, this strategy is...heartless. I take into account that "in-crowd" has it easy and "normal" doesn't. I could image myself writing a similar article; however, instead…

One of the reasons I write now is to grow my popularity, so that one day I will have enough reach to be able to build something big and grand and people will actually notice.

you don't have to be popular to build something, unless you want to be a popular writer. people will notice if your product is good

Re: How to become rich even if nobody is following you on Twitter

#65
post #52
post #49

Earlier quoted context omitted.

Aggregation has always had value (the Bible, Familiar Quotes, Readers Digest, The Big Picture, etc.).

Thoughtful aggregation does add value, to me it sounded like the idea was to grab the first X videos on youtube.

Even thoughtless aggregation adds value, if you consider successful sites that are nothing more than a bulletin board built around a user community that does the actual gruntwork. Putting things in context may be the "location, location, location" of the Web. You could say we're doing it right now, here on HN.

Re: How to become rich even if nobody is following you on Twitter

#66
post #42

Earlier quoted context omitted.

If you want to make $1 a day, go search for a keyword. Like Owls. Then find a bunch of videos of owls in YouTube, put them on the site and call the site OwlVideo.com. In a week you will be making $1 a day. Or if you prefer to program for the desktop - go wrap ffmpeg and make an AVI to MP4 converter. Def make $30 in sales in a month. Or if you prefer to program for the web, make something that parses Apples XML of new…

So these might be great ways to make a little bit of money, but they don't really create value (except for the theme). Creating a successful startup should be more about creating value then making money, if you create value the money will come. When you think about success do you define it as money or building something people use and love (and also makes you money). If you want to make a cheap buck there are plenty…

I want to make many cheap bucks and I hope people here will continue to teach us how to think of ideas that will generate these cheap bucks.

Re: How to become rich even if nobody is following you on Twitter

#67
This sort of reminds me of the old pottery story, where they had one group making which was graded on how many pots they made and another one which was only graded on their best pot. Of course the group which was graded on quantity made better pots in the end.

I really think that by iterating really quickly you will become good faster than if you try to make the perfect thing right away. So don't be paralyzed by trying to achieve perfection; go out and create, and then create some more.

Re: How to become rich even if nobody is following you on Twitter

#68
post #28

How on earth are you supposed to create and maintain 400 "projects" at once?

That's the reason this analogy never works. It's like saying

"Could you run 10,000km?"

".. erm no"

"ok, how about can you run 1km?"

"sure!"

"Great! so all you need to do, is do that 10,000 times! easy eh!?"

I have trouble paying more than 1 or 2 projects real attention. And without attention, things die.

Re: How to become rich even if nobody is following you on Twitter

#69
post #28

How on earth are you supposed to create and maintain 400 "projects" at once?

It all depends on what you put behind the word 'project' (and there's no judgment in my sentence). For most programmers, a project is something that has already a decent size, is complex to get out and test on the field. If you think this way, a "side-project" can only be rare. On the other hand: a friend of mine started exactly the way Max describes a long while back, and currently runs way more than 400 sites/proje…

It would be really interesting if you could describe some of these projects briefly.

Re: How to become rich even if nobody is following you on Twitter

#70
post #28

How on earth are you supposed to create and maintain 400 "projects" at once?

It all depends on what you put behind the word 'project' (and there's no judgment in my sentence). For most programmers, a project is something that has already a decent size, is complex to get out and test on the field. If you think this way, a "side-project" can only be rare. On the other hand: a friend of mine started exactly the way Max describes a long while back, and currently runs way more than 400 sites/proje…

Thibaut, are they all advertising based?

The major pain point for me is payment processing.

Post reply on HN