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Things I’ve Learned from Reading IndieHackers

toomas.net

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Re: Things I’ve Learned from Reading IndieHackers

#121

Post by htormey »

zapperdapper wrote: post #37
muloka wrote: post #36

Earlier quoted context omitted.

This is great until you have dependents and your expenses grow. It requires everyone to be on board with your vision which is a lot more challenging to maintain over time.

You are absolutely right. It's much harder to do with young dependents. I'm 55 now and my son is 27 and daughter 24! However, I still think the same rules apply. Ram down expenses as much as possible. I did this when my kids were much younger. I couldn't get away with working 3 months a year, but I often did a six and maybe a 3 and had 3 months off. Back then I'd spend the free time with my kids. These days because t…

Obligatory link to mr money mustache. He has a great blog on keeping expenses low and living a frugal post tech lifestyle. https://www.mrmoneymustache.com/

Re: Things I’ve Learned from Reading IndieHackers

#122

Post by _jal »

jermaustin1 wrote: post #91
cmahler7 wrote: post #81

Earlier quoted context omitted.

That's my point, 80% of entrepreneurs can't make it one year, so what are the odds of Steve Jobs starting multiple multi-billion dollar companies over multiple decades, with tens of thousands of decisions, through pure luck? You're saying that skill and knowledge play no part in success. A mentally handicapped person would have as good a chance at success as Steve Jobs by your logic, because it's all luck.

Steve Jobs only started Apple and NeXT. Pixar was already a division of Lucas Films and had leadership prior to Jobs that aided in it's success post Lucas Films. That said, of the 2 companies he explicitly founded and ran, only Apple was successful. NeXT was a spectacular failure.

Other folks have pointed out that NeXT had a successful exit and the software lives on, to which I'd add a nice continuing career path for many of its employees (with Apple).

Can I ask what metrics you're judging by?

Re: Things I’ve Learned from Reading IndieHackers

#123

Post by charlieflowers »

tim333 wrote: post #119
bigtunacan wrote: post #87

Earlier quoted context omitted.

In terms of the healtcare; is it free only for native citizens? What if someone were to move there from another country such as the United States?

Free for EU citizens. For people from the US there is a small charge if you move here https://www.gov.uk/healthcare-immigration-application/how-mu... It doesn't cover tourists anymore in theory. They'd treat and then bill you but you could probably go home and not pay.

What about preexisting conditions? Would anything prevent someone who was just diagnosed with cancer (but not bed ridden) from migrating to the UK, paying this $300/year, and receiving full coverage?

Re: Things I’ve Learned from Reading IndieHackers

#125

Post by superasn »

Very interesting post. I think the author can head his own advice and could have hosted it on a domain like startuptools.com or something, because this blog post is going to be backlinked heavily and with a touch of SEO this can be a regular source of targeted traffic.

Just add a pdf checklist at the bottom that needs an opt-in (anybody who reads this will have a very conversion rate) and soon you've got a small list. Pitch them the startup tools or whatever you think is best for the list (using affiliate links) and soon you have a site that is making a passive income. It's easier said than done, but creating a passive income is really that easy and if you're doing the effort you may as well reap the rewards.

Re: Things I’ve Learned from Reading IndieHackers

#127

Post by yeahsure »

dahoramanodoceu wrote: post #47
dahoramanodoceu wrote: post #46

I work one hour a morning. W00t!

Actually I should rephrase thatand say, the way I make money, my profession, takes up 3 hours of my day, counting commute time. I can live off that money. The rest of the time I just do what I want, which is what I generally consider to be 'the work.'

Your comment would add more value if you actually explained what you do and something related to the link. Right now I only know someone, somewhere, can work for 3 hours a day and play for the rest of time.

Re: Things I’ve Learned from Reading IndieHackers

#128

Post by ThomPete »

valuearb wrote: post #118
ThomPete wrote: post #106

Earlier quoted context omitted.

You are missing the point and having a wrong understanding of what talent means. There are many extremely talented people doing exactly the same not succeeding. You have the same in everything from music to movies and art. The primary defining factor are things which has nothing to do with the talent but with timing and luck. So the primary insight is to play the game to have a chance to win.

Yea, you don't understand what talent is in this context, and that it's not equally distributed. There are hundreds of thousands of people who have gotten the same training on valuing companies as Warren Buffett has. But no one comes close to his long term results because the talent of doing an accurate valuation is not as important as the psychological abilities needed to make smart investment decisions, as well as…

Oh I understand what talent is. What you don't seem to understand is that Buffet isn't the rule but the exception. His wealth wasn't something he foresaw but something that happened over a long time. His insight is primarily to invest in the US market overall and everyone who did that have done well for themselves. That could might as well been wrong no one had any idea.

You can read as many books and follow his strategies as much as you want you will never be him and it's not because you can't be as talented as him and that was the point my comment. You can't read your way to success.

Re: Things I’ve Learned from Reading IndieHackers

#129

Post by ThomPete »

valuearb wrote: post #117
jermaustin1 wrote: post #91

Earlier quoted context omitted.

Steve Jobs only started Apple and NeXT. Pixar was already a division of Lucas Films and had leadership prior to Jobs that aided in it's success post Lucas Films. That said, of the 2 companies he explicitly founded and ran, only Apple was successful. NeXT was a spectacular failure.

NeXt made money for its iriginal investors and provided the OS for every iPhone and iPad ever made. Hardly a failure, let alone a spectacular one. Pixar was a tiny struggling business spun out of Lucasfilm and sold to Jobs any employees.

And because Jobs had the right connections he could help Pixar. Next wouldn't have made it on it's own.

Re: Things I’ve Learned from Reading IndieHackers

#130

Post by ThomPete »

jansho wrote: post #74
ThomPete wrote: post #57

In other words. Reading about success to become successful is like reading the autobiography of lotterywinners. There are no secrets to success other than luck, timing and actually shipping your product (or play the lottery). Contrary to the lottery though much fewer people ship and there are much more winning lottery coupons. There is nothing to learn about how to build a successful product. If you want to read anyt…

Reading about success might create a feedback loop to yourself so that you feel more motivated and possibly more guided to get to success. Kinda like hanging out with games enthusiasts, and you gradually become one yourself?

Thats very different. You are talking about proximity I would agree with that but mostly because of the opportunities that come with hanging out with them. Again back to luck and timing.
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