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How to Create a Million-Dollar Business This Weekend

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Re: How to Create a Million-Dollar Business This Weekend

#11
post #2

43 minutes and no comment?

I only made it through a quarter of the article. I found the tone arrogant and felt like I was being talked down to. The pictures of a woman in lingerie on the sidebar capped it off.

You must not be familiar with Tim Ferriss.

Re: How to Create a Million-Dollar Business This Weekend

#15
post #5

You should be very careful if you're selling something you don't have, you almost certainly violate the terms of your payment provider and depending on where you live you might be committing fraud.

You don't have to actually sell. If you don't have a product yet, just build a mock payment page and check how many people get to the end - and never charge them.

Re: How to Create a Million-Dollar Business This Weekend

#17
post #12

I don't get entirley what he did to validate his idea for AppSumo. He got 200 new customers for imgur which pay 25$/year (to imgur) and he payed imgur 3$/user for this? Didn't he loose money then?

No I think Noah got a $3 commission for each sale. So he earned $600 from selling 200 accounts.

Re: How to Create a Million-Dollar Business This Weekend

#18
Having personal talked with Noah, it makes sense on what he did or is asking others to do. I myself have ran and am running sites which bring in revenue. not on the $1MM scale but still some $.

+ replicating what AppSumo does is not that hard, you need a decent site with some deals on the page. The Deals you get by emailing entrepreneurs or devs of any product out there. There are many struggling devs and companies which would love to cut you a deal as far as they are getting sales and customers.

Re: How to Create a Million-Dollar Business This Weekend

#20
I hate when they oversimplify entrepreneurship and pitch us all these easy 'earn 1.000.000$' schemes. (especially when it's acompanied with ego-trippin')

I love when they demistify entrepreneurship and give some insight in how to start. (especially when a concrete marketing advice is give)

Overall as with all posts on Tim's blog - they are generally great. Just, take them with a grain of salt.

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