Is anyone at HN interested in selling a project for under 5k? I’m interested in the concept, node.js applications preferred. Minimal amount of profit is also somewhat preferred. My email is my username + varela @ the google mail.
How do you make money on tiny projects like this?
Tiny Acquisitions
81–90 of 178 posts
Re: Tiny Acquisitions
#82Re: Tiny Acquisitions
#83If you're interested in buying and/or selling small projects, you can typically expect to pay more than $5k for something that's making any consistent amount of money. You're also unlikely to find a great deal on a really special project on a marketplace. People who post on marketplaces like Flippa or MicroAcquire or SideProjectors (there're dozens of them) have either: 1. Realized the time it takes to maintain is no…
Re: Tiny Acquisitions
#84Re: Tiny Acquisitions
#85If you're interested in buying and/or selling small projects, you can typically expect to pay more than $5k for something that's making any consistent amount of money. You're also unlikely to find a great deal on a really special project on a marketplace. People who post on marketplaces like Flippa or MicroAcquire or SideProjectors (there're dozens of them) have either: 1. Realized the time it takes to maintain is no…
I will never buy a business, real estate is a much safer bet.
Re: Tiny Acquisitions
#86If you're interested in buying and/or selling small projects, you can typically expect to pay more than $5k for something that's making any consistent amount of money. You're also unlikely to find a great deal on a really special project on a marketplace. People who post on marketplaces like Flippa or MicroAcquire or SideProjectors (there're dozens of them) have either: 1. Realized the time it takes to maintain is no…
Re: Tiny Acquisitions
#87If you're interested in buying and/or selling small projects, you can typically expect to pay more than $5k for something that's making any consistent amount of money. You're also unlikely to find a great deal on a really special project on a marketplace. People who post on marketplaces like Flippa or MicroAcquire or SideProjectors (there're dozens of them) have either: 1. Realized the time it takes to maintain is no…
Just to echo this, I recently had a lovely conversation with a guy building a business he knew would be irrelevant in 10 years with the goal of selling in 3 years to someone who didn't realize that. I will never buy a business, real estate is a much safer bet.
Get richer doing absolutely nothing productive. Good work.
Re: Tiny Acquisitions
#88I'm kind of hazy on how to fund such an LLC to buy stuff in the first place - do most people structure the initial money as a loan so it's tax free?
I'd love to hear practically-speaking how to do this on a small scale.
Re: Tiny Acquisitions
#89Huh, if you open the dev console it says it was build with Bubble ( https://bubble.io/ ) a no-code platform.
Since this is likely my first conscious run in with a website explicitly generated through a no-code platform, I have to say my experience are very negative. The load time is unbearable for something as simple as this.
Re: Tiny Acquisitions
#90If you're interested in buying and/or selling small projects, you can typically expect to pay more than $5k for something that's making any consistent amount of money. You're also unlikely to find a great deal on a really special project on a marketplace. People who post on marketplaces like Flippa or MicroAcquire or SideProjectors (there're dozens of them) have either: 1. Realized the time it takes to maintain is no…
Just to echo this, I recently had a lovely conversation with a guy building a business he knew would be irrelevant in 10 years with the goal of selling in 3 years to someone who didn't realize that. I will never buy a business, real estate is a much safer bet.
Perhaps I'm naive, but I think your risk in buying a business goes down if the current owner under-appreciates what they have, and you have the skills to do it better than them.