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$1000 to run something like that on EC2 seems like a lot. That type of site could probably be run off one or two micro instances, and if you bought reserved instances you can get your long term costs way down.
Can you elaborate a bit on how you drove customers to that site? I was looking at a similar idea just a few weeks ago but search engine competition on usability keywords is incredibly tough.
Earlier quoted context omitted.
Thanks! I guess to me, more important than the selling price, was the process as a whole. It's a product that I took from an idea, built out and eventually sold. In there were a lot of lessons that I thought might be interesting to people. $3,500 might not be a lot to you. And obviously it's not enough to go away on. But it does mean that I can work full-time on my startup this summer.
congratulations on your experience! It really is difficult to name a price, I would have ignored any offers below 10-15k but on the other hand you can now concentrate on a new project and for 6 months from 0 to sale is remarkable.
[1] http://www.softwarebyrob.com/2012/02/28/the-inside-story-of-...
So, review a web site; review a dating profile (buyer). Why not a 'review anything' service?
Good write up. It's always nice when people share that kind of information / data. If I learn one thing from the time spent reading it, it was well worth it. So, review a web site; review a dating profile (buyer). Why not a 'review anything' service?
I think you could definitely white-label the DomainPolish idea and sell it to people hoping to build a Review X service. The problem is that if you just try to build a site yourself that lets you review anything it's very difficult to target your customers.
People search for "get feedback on my website" not "site to review anything". Picking a specific vertical makes marketing much easier. But it's a cool idea! I can put you in touch with the current owner of the DomainPolish source - he'd probably license it to you :)
Ummmm, congrats, but it sold for $3,500 - that's not really an exit imo. It's like selling a decent domain name.
Good write up. It's always nice when people share that kind of information / data. If I learn one thing from the time spent reading it, it was well worth it. So, review a web site; review a dating profile (buyer). Why not a 'review anything' service?
Really glad you found it informative! I think you could definitely white-label the DomainPolish idea and sell it to people hoping to build a Review X service. The problem is that if you just try to build a site yourself that lets you review anything it's very difficult to target your customers. People search for "get feedback on my website" not "site to review anything". Picking a specific vertical makes marketing mu…
I'm terrible about that (the licensing idea), I'd be far more likely to just code it from the ground up, even if that's the stupid monkey approach. I like having a personal relationship with my code (lol), the structure of the site, and knowing how that correlates to projected scaling, and so on.
Congratulations. Our stories are a lot alike. I created Feedback Army in 2008 (I continue to operate it though). One thing I liked about reading your story was the lessons learned part. For a novice entrepreneur there's a lot of value in shipping something, marketing it, providing customer service, and dealing with the whole process. You'll find it's a good springboard to what you do next. Best of luck.
Good write up. It's always nice when people share that kind of information / data. If I learn one thing from the time spent reading it, it was well worth it. So, review a web site; review a dating profile (buyer). Why not a 'review anything' service?
Really glad you found it informative! I think you could definitely white-label the DomainPolish idea and sell it to people hoping to build a Review X service. The problem is that if you just try to build a site yourself that lets you review anything it's very difficult to target your customers. People search for "get feedback on my website" not "site to review anything". Picking a specific vertical makes marketing mu…
And definitely on the same page in terms of code. I like it to be mine!