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6 months in and $1k MRR: my biggest mistakes so far

lunchbag.ca

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Re: 6 months in and $1k MRR: my biggest mistakes so far

#111

Earlier quoted context omitted.

"...I don't think most men are intentionally, actively and on purpose trying to keep women out, but it's a big, big problem that they don't want to talk too much to a woman for fear that it might lead to an affair or a really terrible misunderstanding or gossip" It's bewildering how everybody knows there are these tremendous informal barriers, that have withstood all past attempts at equal rights, and yet everybody a…

I posted a link elsewhere in this discussion to a piece I wrote some years back called The Gray Zone. TLDR: Establishing trust is always a long, involved process, no matter who the parties are. But it's just much, much clearer that it's platonic and for purposes of doing business when it's two (apparently) heterosexual males. The waters get muddy really quickly when it's a heterosexual man and a heterosexual woman. E…

That's an interesting idea, that women are required to meet a higher bar for trust than men. I've always thought trust was the most valuable currency there is.

Do you think that being trusted or not trusted has a predictable effect on whether a person is trustworthy?

Re: 6 months in and $1k MRR: my biggest mistakes so far

#112
post #54

>That is until I realized that it was my own dumb fault because I accidentally left my Plaid environment set to development One of the last things you do before launch is pay money to yourself by running a real payment with real money in production. An automated test for config is nice, but nothing beats actually doing the critical thing yourself before launching to the world.

[deleted]

Re: 6 months in and $1k MRR: my biggest mistakes so far

#113
post #59

Earlier quoted context omitted.

Can I ask why you picked this model instead of a subscription based model?

If you check the apps I currently offer (link in my profile), I’d have a hard time asking for recurring payments. I’m basically implementing missing OS features. I have other products in the pipeline where I will consider a subscription model.

Gotcha, makes sense.

I suppose subscription model makes more sense for apps that basically reside online or at least interact with a web server.

How you make lots of small products solving a single problem well is cool though! I could see some of these kinds of concepts evolving into a decent subscription business.

Re: 6 months in and $1k MRR: my biggest mistakes so far

#114
post #19

This was super interesting! The design really helped as well. I liked this one: "Lesson learned: People care about the narrative behind your product, so don't be afraid to tell your story!" As someone who finds new things on HN all the time, I always check the "about" page, especially if it's something that isn't free. I'm surprised at how often the "About Us" isn't actually "About Anyone", there's no names, it's all…

Related to this: I wonder if the days of founders naming their companies after their own (family) names are ever coming back. There’s something wholesome about it and it inspires confidence. Who is more trustworthy: someone attaching their name to their business, or someone who hides behind WeeBlee or BlooBloo or whatever it is they came up with?

HashiCorp :)

Re: 6 months in and $1k MRR: my biggest mistakes so far

#115
post #59

Earlier quoted context omitted.

Can I ask why you picked this model instead of a subscription based model?

If you check the apps I currently offer (link in my profile), I’d have a hard time asking for recurring payments. I’m basically implementing missing OS features. I have other products in the pipeline where I will consider a subscription model.

If you bring back the Dashboard I will throw money at you.

Re: 6 months in and $1k MRR: my biggest mistakes so far

#116

Earlier quoted context omitted.

I posted a link elsewhere in this discussion to a piece I wrote some years back called The Gray Zone. TLDR: Establishing trust is always a long, involved process, no matter who the parties are. But it's just much, much clearer that it's platonic and for purposes of doing business when it's two (apparently) heterosexual males. The waters get muddy really quickly when it's a heterosexual man and a heterosexual woman. E…

That's an interesting idea, that women are required to meet a higher bar for trust than men. I've always thought trust was the most valuable currency there is. Do you think that being trusted or not trusted has a predictable effect on whether a person is trustworthy?

Women are required to meet a higher bar in part because it's assumed that two men meeting for coffee are meeting for business, but it's less clear what is going on if a man and a woman are meeting for coffee.

The relationship between trust and a character trait of trustworthiness is not necessarily straight forward. If people think you simply aren't in a strong position to hurt them, they expect less of you.

Women are often in a position to inadvertently harm a man without meaning to do so. Important men often want no appearance of impropriety. This makes it unclear how a woman can even establish a trusting relationship to a man.

Sometimes, husband-and-wife teams work as an effective in for the woman. Her relationship to him helps establish intent for everyone. It helps prevent muddy Waters in that regard.

If a meeting over coffee reads as a date if it's mixed gender, it may not matter how trustworthy she is. It may only matter that he doesn't want there to be talk, so he won't meet with her.

I attended GIS school in my late thirties. It's a two-thirds make field. I have a strong math background and argued with one of my professors that his math on the board was wrong.

He said "I bet you lunch." right before realizing I was right and saying "I feel a lunch coming on."

He was probably around 50 years old. He didn't really want to be seen buying lunch for a relatively pretty, young female student. After class, he quietly thanked me for standing my ground and correcting him and he slipped me a twenty dollar bill to cover lunch.

If I had been male and we had actually gone to lunch together, this would have been an incredible networking opportunity. But we never did have lunch together because he didn't want any appearance of impropriety, even though he respected my mind and appreciated my class contribution. It wasn't enough to overcome the question of "What will other people think?"

Of course, that story and conclusion involves a lot of inference and assumption on my part. Maybe he would have slipped a twenty to male student as well and not actually eaten lunch with them.

And that's part of what makes it so intractable. If I accused him if excluding me based on my gender, it would only deepen the rift, not bridge it and I can't actually prove it's a gendered thing, which makes women look histrionic when they complain about things like that.

And, yet, we continue to be subtly shut out. And I think this is a major way in which doors just never open for us.

If you can't even have coffee in public with someone for fear of what others will think, how on Earth do you even begin to network and get known well enough to establish a name, get referrals for work, etc?

Re: 6 months in and $1k MRR: my biggest mistakes so far

#117

my wife and I live in Tokyo and I have been using a programmed google sheet for over two years since we moved here to track our expenses and also use currency APIs to fetch rates and convert currencies in my spreadsheet. I am also originally from Canada. Looking at this encouraging post, I realize that maybe there's a big market for this since it was able to reach $1k MRR in 6 months! I think I will also start workin…

Fyi TillerHQ does this.

Re: 6 months in and $1k MRR: my biggest mistakes so far

#118
post #82

Earlier quoted context omitted.

The contrast (1.81) is also so low it isn't considered accessible at even the worst tier. And while the legal status of accessibility requirements is a complex topic, in terms of user experience, good accessibility normally means good experience (particularly color contrast, there are a lot of color blind people, or older people with diminished eyesight).

Thanks for the tip! Great reminder that I need to be more mindful of these things.

a11y is hard. I like to let axe ( extension: https://chrome.google.com/webstore/detail/axe-web-accessibil... ) do all the hard work for me.

Re: 6 months in and $1k MRR: my biggest mistakes so far

#119

my wife and I live in Tokyo and I have been using a programmed google sheet for over two years since we moved here to track our expenses and also use currency APIs to fetch rates and convert currencies in my spreadsheet. I am also originally from Canada. Looking at this encouraging post, I realize that maybe there's a big market for this since it was able to reach $1k MRR in 6 months! I think I will also start workin…

Fyi TillerHQ does this.

thanks that looks interesting. I realize there's probably a lot of solutions in this space. I probably won't implement a spreadsheet solution like TillerHQ. I am thinking more in line with an app and thinking of features to differentiate the app from run of the mill personal expenditure tracking apps.

Re: 6 months in and $1k MRR: my biggest mistakes so far

#120
I recently switched to Lunch Money from Mint (6+ years user). I was sold after spending a weekend setting it up and getting used to it.

The app is a delight compared to Mint. The interface is simple, fast and snappy. You never get an annoying "Refreshing your accounts" notice every time you login. I've come across far fewer connection issues compared to Mint (~everyday).

There is a host of nifty features I never knew I wanted: custom rules; recurring expenses; split transaction; grey/green checkmark for unreviewed/reviewed transactions.

Jen (the founder) is also very responsive to feedback. It feels great to have your bug report addressed and fixed in a couple days. Keep up the excellent work!

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