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Ask HN: Is it finally time to quit?

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11–20 of 49 posts

Re: Ask HN: Is it finally time to quit?

#11
(however, let's see what happens when their free accounts come to an end on December 31st)

Set a deadline and set some goals for financial objectives. Start prioritizing monetization.

If you can't meet those goals, then go get a job or do what you need to do to take care of yourself financially.

Re: Ask HN: Is it finally time to quit?

#12

(however, let's see what happens when their free accounts come to an end on December 31st) Set a deadline and set some goals for financial objectives. Start prioritizing monetization. If you can't meet those goals, then go get a job or do what you need to do to take care of yourself financially.

Thanks.

Re: Ask HN: Is it finally time to quit?

#13
post #8

"Build something that people want." It really is the best advice ever. Maybe more specifically helpful, I would figure out a pivot. I bet there's an idea that can build on the work you have so you're not throwing away all that work. But, even if you are, better to do so sooner than later, if no one is using it.

That's what I thought I was doing. Seriously. I talked to so many people that had the same problem. Over and over again, throughout the entire process. I've talked prices, solutions, everything with both people I know and people I don't from students to RA's to professors. The SV cliche of "get cash from them before building" wouldn't wash in this niche and I wouldn't have been comfortable taking money for such an ex…

[deleted]

Re: Ask HN: Is it finally time to quit?

#14
post #6

It almost sounds like you're experiencing a kind of post-partum depression. I would recommend that you not "quit", but rather "step back." If you've launched the project, and it's being used, then how much more do you really need to do? You must have monitoring that you can check occasionally, so maybe you can just let the thing simmer[0] for a while. Take your mind off it, do some other stuff that you enjoy, then ta…

Thankyou. Perhaps I am a bit burnt out. It's practically dominated my waking life for the past 3.5 years. Maybe I should have a break.

You'rewelcome. :)

You know one thing that's helped me live a more balanced life (I think) has been exploring the lessons of the tarot deck. I just pulled the 10 of wands, and thought of you.

This site has some good interpretations: http://learntarot.org/

Re: Ask HN: Is it finally time to quit?

#15
If you weren't sounding so tired and burned out I would recommend that you double down on marketing and promoting. I wouldn't give up until I had given it a good flogging! But, if you're burned out you're going to find that difficult and probably it won't work with that kind of mindset. Either farm out the marketing to a new partner or wait and do it yourself but either way take a few months off!

Re: Ask HN: Is it finally time to quit?

#17

i think tech is great career starting point but you should look to ‘exit’ at some point - take skills you’ve developed and apply them to a different field.

I've done that somewhat with this venture. Sure there's plenty of tech involved but it's also made me a domain expert in this (non-tech) niche (to the point of writing journal articles).

Perhaps I need to turn my career now to marketing as another commenter has suggested.

Re: Ask HN: Is it finally time to quit?

#18
post #15

If you weren't sounding so tired and burned out I would recommend that you double down on marketing and promoting. I wouldn't give up until I had given it a good flogging! But, if you're burned out you're going to find that difficult and probably it won't work with that kind of mindset. Either farm out the marketing to a new partner or wait and do it yourself but either way take a few months off!

Thanks. I do need to market hard. I think I need a break and then do as you suggest. Thanks.

Re: Ask HN: Is it finally time to quit?

#19
Hint: people in academia are struggling. And they re not really used to paying for online services (i mean, hell they are giving their work away for free). That's why all the saas startups are targetting the cash-rich startups. You might want to think of an alternative funding model. Or maybe that the project is unmonetizable, but the experience will make your next project so much easier to build

Re: Ask HN: Is it finally time to quit?

#20
If you build it, they won't necessarily come; as you're seeing now.

I think you need to stop development. Don't put another minute into dev work until you've found someone to pay for this.

Sometimes it's helpful and motivating to approach the first few sales in a completely non sustainable way. Don't try to establish a customer acquisition funnel - try to find one single person willing to pay.

It sounds like your December 31 users are a good place to start. Send each one of them an email and give them an incentive to renew before the accounts expire. Offer them a discount or something for every referral they bring in for a trial or as a new customer or a discount that is a bit higher for every trial day they have left so people feel an urgency to move on it now. Try to convert ONE trial customer into a paid customer over the next three or four weeks. If you fail, it's not your software, it's your sales and marketing skills. Take that as a hint that you might need to bring in a new person to do that for you.

It sounds like you're quite adept at building product but it's not a business yet. It's time to stop building and learn to convince people to part with their money. Building a better tool isn't enough. You have to build a better tool, educate them on why its worth it, eliminate their reasons not to buy, and then ask them to take action.

I recommend taking a break and then consider bringing in some outside expertise. Someone who knows how to sell online.

Nobody builds an empire alone. It just can't be done.

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