How I Built a $5K a Month Side Project
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How I Built a $5K a Month Side Project
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Re: How I Built a $5K a Month Side Project
#2Love it
Re: How I Built a $5K a Month Side Project
#3Goes into good details about the tactics used to come up with an idea and then recruit the first few customers. After signing up $5k/month revenue it meant he needed to generate 5,000 leads per month for those customers. That is the hard bit, how did he do that on a side project? He says that the income was passive, so how did he generate 5,000 targeted leads passively? That is the magic, not the ability to recruit some customers.
Re: How I Built a $5K a Month Side Project
#4Goes into good details about the tactics used to come up with an idea and then recruit the first few customers. After signing up $5k/month revenue it meant he needed to generate 5,000 leads per month for those customers. That is the hard bit, how did he do that on a side project? He says that the income was passive, so how did he generate 5,000 targeted leads passively? That is the magic, not the ability to recruit s…
Hey there! Author of the post here -- we sold leads for $1 but our cost was $.30 and completely outsourced so I didn't have to do it.
Re: How I Built a $5K a Month Side Project
#5> Most people in the tech industry are brainwashed by Silicon Valley group think. These people believe that every business must have a billion dollar opportunity.
If anything, I’d say that most people in the tech industry in Silicon Valley are brainwashed into thinking that entrepreneurship is the One True Path to salvation.
Much like whoever wrote this article. Who else would recommend that someone follow the path that “led to depression, social isolation, and the hardest time of my life” just because they got lucky in the end?
Re: How I Built a $5K a Month Side Project
#6> As a millennial there are few things that rank as desirable as finding a recurring source of income that doesn’t take much work
That made me laugh! As someone much older I can honestly say that there are few things that rank as desirable as finding a recurring source of income that doesn’t take much work for me too.
Re: How I Built a $5K a Month Side Project
#7Goes into good details about the tactics used to come up with an idea and then recruit the first few customers. After signing up $5k/month revenue it meant he needed to generate 5,000 leads per month for those customers. That is the hard bit, how did he do that on a side project? He says that the income was passive, so how did he generate 5,000 targeted leads passively? That is the magic, not the ability to recruit s…
He said that as a salesperson himself, he outsourced this work to VAs. I assume he continued to do so for this side project.
Re: How I Built a $5K a Month Side Project
#8Goes into good details about the tactics used to come up with an idea and then recruit the first few customers. After signing up $5k/month revenue it meant he needed to generate 5,000 leads per month for those customers. That is the hard bit, how did he do that on a side project? He says that the income was passive, so how did he generate 5,000 targeted leads passively? That is the magic, not the ability to recruit s…
True, but I'm pretty sure he's not going to tell us about the "secret sauce," especially since he's sold the company.
Re: How I Built a $5K a Month Side Project
#9> Most people in the tech industry are brainwashed by Silicon Valley group think. These people believe that every business must have a billion dollar opportunity. If anything, I’d say that most people in the tech industry in Silicon Valley are brainwashed into thinking that entrepreneurship is the One True Path to salvation. Much like whoever wrote this article. Who else would recommend that someone follow the path t…
> Who else would recommend that someone follow the path that “led to depression, social isolation, and the hardest time of my life” just because they got lucky in the end?
One of my favorite Ewan McGregor quotes from watching Long Way Round recently was when he would say ”This is the part that really sucks right now and is just so hard it makes you wanna cry, but it’s the part we remember most fondly later”
He said that on multiple occasions. It maps well to stuff I recently learned in Thinking Fast and Slow about our experiencing self versus our remembering self.
It turns out we cherish sucky experiences tht end well more dearly than we do experiences that are great (or bad) throughout.
Re: How I Built a $5K a Month Side Project
#10> Most people in the tech industry are brainwashed by Silicon Valley group think. These people believe that every business must have a billion dollar opportunity. If anything, I’d say that most people in the tech industry in Silicon Valley are brainwashed into thinking that entrepreneurship is the One True Path to salvation. Much like whoever wrote this article. Who else would recommend that someone follow the path t…
Apparently to find a “recurring source of income that doesn’t take much work (or a boss)”.