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Ask HN: Single Person startup/company?

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211–220 of 399 posts

Re: Ask HN: Single Person startup/company?

#211

I'm a single founder, I'm nearing $400k/y revenue. It started a side project on here: https://news.ycombinator.com/item?id=8107222 and then grew over the last 2 years. 2014: ~$50k 2015: ~$200k 2016: ~$400k Also traffic also doubled every year, so revenue is tied pretty closely too that! This also includes about $7k/m from my remote jobs site which is also tied to Nomad List: http://remoteok.io . It's now a cost of li…

Sincere congrats on your success.

Found this the other day: nomads: people who have larger collections of coffee shop wifi passwords than clothes - @jongold

Re: Ask HN: Single Person startup/company?

#213
post #64

I started Apex a few months ago, first product is a little uptime monitor built on AWS Lambda: http://apex.sh/ping/ . Almost 2000 users already, not quite paying for itself since I have a free plan but it's almost breaking even at least haha. That said legal bills alone were ~6k, so it'll take a while to recoup that. Long-term plan is to have a bunch of products like this which are low maintenance, as long as they're…

Also using lambda for monitoring/restarting/redeployment of microservices here... Are you using any framework like Serverless?

If you're using Python, you might also want to check out Kappa [0]

[0] http://github.com/garnaat/kappa

Re: Ask HN: Single Person startup/company?

#214

Earlier quoted context omitted.

>> single founder company...running multiple SaaS services This is the model I am biased towards. Mind giving out more information? What sectors do you operate? Do you currently have any employees? Any tips for a newbie?

All pretty niche services mostly in the real estate and home improvement type sectors. None have/had the potential to really be unicorns but all have/had the potential to be million dollar+ businesses. I didn't start off hiring employees. In the beginning I did everything myself (programming, marketing, customer support, accounting, etc.). A year in I hired my first customer support employee and throughout the years…

All the points are gems. Thanks

Re: Ask HN: Single Person startup/company?

#215

Earlier quoted context omitted.

Im curious why you switched from react to backbone. Ive been considering doing the opposite. Mostly because I want to be able to use redux for undo/redo functionality and also for user action replays I can use for debugging. Redux doesnt play well with the backbone.js paradigm.

I really liked React and the idea of components with two way data binding. Unfortunately I found it just doesn't work well with SVG. If you have some HTML divs to manipulate, great. Also if you have good experience in JavaScript overall, Backbone.js is fantastic. Combine this with Underscore/Lodash and Babel for ES6 and you have a good build system.

Its a great app idea. Will you release it for iOS using CocoonJS or PhoneGap? I haven't found a good one yet.

I'm also with you on Backbone there. Good job and keep on going.

Re: Ask HN: Single Person startup/company?

#216

Earlier quoted context omitted.

As a senior marketer who has to combat this myth frequently, thank you. Modern day marketing is a complex orchestration of many parts that are often highly technical. Further, the discipline as a whole has some incredibly hard unsolved problems when it comes to measurement and analytics (attribution and viewability I'm looking at you). If anyone has a product with initial traction but is unsure of where to go next, f…

Hi @shostack. We ( https://flair.co ) are a team of engineers and looking for feedback on the marketing side. We have some nice preorders and shipped our first few units a few days ago. We will have brick and morter presence in the next few months but our online strategy has largely been focused on reddit. Looking to do more FB ads etc but curious about tactics for identifying copy/images/audience most effectively. A…

I love companies that get their start on Reddit. While I'm not familiar with yours specifically, generally speaking you are having a dialogue with your target audience. This is critical for validating product-market fit and learning about who your target audience is and what they care about. I mean, people will literally tell you if you ask them.

Beyond that, if you are able to harness the goodwill of the hive mind, you can reach that critical front page trajectory pretty quickly. If you are one of the few brands that lucks out in dominating in a given subreddit for a period of time (not through advertising), that's a huge validator. Further, pleasing that audience can result in lots of earned social activity which is great for a nascent brand.

For FB specifically, Lookalike targeting is very powerful, and banner blindness is a very real thing that requires constantly refreshed creative depending on your reach (excluded audiences can be important here to avoid wasting impressions). Unless you are using a FB PMD (basically a tool to manage FB that offers loads more than the basic Power Editor), splitting stuff out for granular targeting can be a PITA. Break out your audiences in meaningful chunks where you can gain insight and better improve your creative. More importantly, make sure the rest of your analytics are in order so you can understand what people exposed to you through FB are doing on your site. For a brand that may not be well-known yet, you might avoid a lot of bigger attribution issues with conversion tracking, but make sure you think carefully about whether you want view-through attribution settings enabled for conversion tracking. They are by default, and that can skew things and they may not be worth as much as you think they are based on the stats.

In terms of hiring for marketing, most strong marketers know there's a lot outside their control. There's definitely a difference between marketing a sales. As such, I would actually avoid focusing too heavily on commission as that can be a turnoff that says you aren't putting your money where your product is so to speak. That said, if the person has significant control over the full funnel and relevant touch-points (a requirement to be successful when it comes to online marketing), they might be willing.

The other side of that is the affiliate world. These are essentially 100% commission marketers. You can get mixed results, but it manages your direct financial risk a bit better than hiring someone internally in some cases. There are real benefits to having an internal hire though that you simply won't get with affiliates as they are by definition mercenaries.

Like many professions, comp can be relatively simple. A competitive base plus a well-detailed bonus structure, solid benefits, potentially equity if appropriate, and a great culture coupled with a product with lots growth potential are all things that can land a solid marketing hire.

Re: Ask HN: Single Person startup/company?

#217

I'm a single founder, I'm nearing $400k/y revenue. It started a side project on here: https://news.ycombinator.com/item?id=8107222 and then grew over the last 2 years. 2014: ~$50k 2015: ~$200k 2016: ~$400k Also traffic also doubled every year, so revenue is tied pretty closely too that! This also includes about $7k/m from my remote jobs site which is also tied to Nomad List: http://remoteok.io . It's now a cost of li…

Hey, I'm curious, you mentioned that you've just opened a Ltd., so, what form of company have you been running until recently?

Re: Ask HN: Single Person startup/company?

#218
post #123

Earlier quoted context omitted.

As a senior marketer who has to combat this myth frequently, thank you. Modern day marketing is a complex orchestration of many parts that are often highly technical. Further, the discipline as a whole has some incredibly hard unsolved problems when it comes to measurement and analytics (attribution and viewability I'm looking at you). If anyone has a product with initial traction but is unsure of where to go next, f…

Don't have a product right now, but are there any resources you can point to which have quality marketing wisdom? Or is this something you just have to learn as an apprentice to a good marketer? I am always torn because while I can appreciate good marketing, a lot of the marketing and advertising Industry (which too me seem like different things) seems to be bullshit. I really like it when there are marketing campaig…

Marketingland is a good industry resource if you want to stay abreast of the latest and greatest. Usually has a fairly decent signal/noise ratio. Beyond that, find companies that are successful in their marketing and study them. Learn from them.

Go to marketing industry tradeshows and see what people are focusing on. Read Mary Meeker's Internet Trends report and other research to understand macro trends. Pick up a recent college textbook on the matter to brush up on the basics. Talk to people in the space and learn what works and what doesn't. Find blogs and read enough where you can separate the truth from the bullshit.

Oh yes, there's a lot of bullshit. Any marketer worth their salt will be the first to tell you there is a lot of snake oil out there and there is unfortunate overlap with the "get rich quick" community in many cases when researching this stuff online.

Like any industry, there is a spectrum of good and bad actors, and quality/crap products and services. Sometimes that is difficult to determine because your own situation may be the barrier to success.

More to your point, my personal motto is "the right message to the right person at the right time." This seems to align with your view. It all comes down to understanding your audience and earning trust--not tricking them into your message with a clickbait headline.

Re: Ask HN: Single Person startup/company?

#219

I started Apex a few months ago, first product is a little uptime monitor built on AWS Lambda: http://apex.sh/ping/ . Almost 2000 users already, not quite paying for itself since I have a free plan but it's almost breaking even at least haha. That said legal bills alone were ~6k, so it'll take a while to recoup that. Long-term plan is to have a bunch of products like this which are low maintenance, as long as they're…

1) I use Pingdom and hadn't seen Apex. Looks really good. Will definitely switch over.

2) Hey you're TJ Holowaychuk. I know you've since (mostly) moved on from doing a ton of Node contributing, but as someone who uses projects you've started and maintained for a long time, just wanted to say a big thank you for all your work in the open source community.

I'm also going to link your photography site (a) for those who haven't seen it. I know this it's slightly off topic, but everyone should see it.

(a) http://tjholowaychuk.com

Re: Ask HN: Single Person startup/company?

#220
A friend and I have been running WeScreenplay (https://www.wescreenplay.com), a very niche service for screenwriters, for about 2.5 years now. I recently separated the backend platform that manages and coordinates everything and spun it off into Coverfly (https://www.coverfly.io), which we sell to film festivals to manage their screenplay contests.

Between the 2 products (which use the same codebase), we've tripled in size every year. $27k in 2014, $80k in 2015, and we're projecting to do $250k+ in revenue this year. Hoping to do $1m in 2017.

For marketing: affiliate programs, paid SEO, organic SEO, Facebook, Twitter, cold calling, sponsoring events with writers

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