Doesn't fucking matter even if you reach a billion dollars with a boring ass business of drawing financial charts. Those charts are manipulated by HFTs, hedge funds and what not. It is naive to think you, a retail investor, stand a chance
Bootstrapping a side project into a profitable seven-figure business
241–250 of 264 posts
Re: Bootstrapping a side project into a profitable seven-figure business
#242Great job on this webapp, it's a really easy-to-use platform. I've toyed with the same startup idea myself, having tracked my personal finances and life projection for years now using Google Sheets, Grafana and other tools. Just an annecdotal bit of feedback: I would like to continue using ProjectionLab but $109/year is beyond what I'm willing to spend, especially given ProjectionLab doesn't integrate with any live t…
I tend to agree with the sentiment. The only reason I subscribed to ProjectionLab was to appreciate the hard work of Kyle. Otherwise, "New Retirement" (now called Boldin) serves my purpose. It provides similar features and it provides automatic updates too.
Re: Bootstrapping a side project into a profitable seven-figure business
#243Earlier quoted context omitted.
The business is a car rental platform for niche destinations https://bonjourpaco.com/ At the time I was working with maybe 30 providers and it would be doable to rebuild the server and reconfigure all providers, cars, insurance, etc. Content would probably take longer, but also doable. But at the time I took it as a sign to shift to something else. Glad I didn't and that the project came back from the ashes, literall…
Love the business. Appreciating every market is different… the Greek islands might be interesting to you.
What's also funny is that the "1st dollar" coming in in any business is such a rush, such an excitement. That still holds true in my case! Even though the business is the same across the 3 websites, it's such an excitement to see the Madeira one growing (where I started more recently), compared to the Azores where I've been at for some years now.
Re: Bootstrapping a side project into a profitable seven-figure business
#244Earlier quoted context omitted.
The business is a car rental platform for niche destinations https://bonjourpaco.com/ At the time I was working with maybe 30 providers and it would be doable to rebuild the server and reconfigure all providers, cars, insurance, etc. Content would probably take longer, but also doable. But at the time I took it as a sign to shift to something else. Glad I didn't and that the project came back from the ashes, literall…
Neat, someday I'd like to see the Azores. I've heard good things. FYI if you click on a destination name, it's currently throwing a 500 error.
Re: Bootstrapping a side project into a profitable seven-figure business
#245Re: Bootstrapping a side project into a profitable seven-figure business
#246Re: Bootstrapping a side project into a profitable seven-figure business
#247Earlier quoted context omitted.
Do you make this decision after doing tons of research about how you could implement a solution for the gray areas or do you just decide not to pursue the gray areas that you don't know how to implement yourself?
Doing some research would definitely be part of the diligence process when considering a new project.
Re: Bootstrapping a side project into a profitable seven-figure business
#248Thanks for sharing your impressive journey. It's always refreshing to see a story that promotes grit and resilience, rather than the instant exponential growth often glorified by wannabe millionaires online.
Re: Bootstrapping a side project into a profitable seven-figure business
#249Earlier quoted context omitted.
I don't need/want account linking, I just want $VTSAX etc recent prices. I know it can be noise but what you're saving me from is really annoying copy/paste work when I come in quarterly to update numbers and track my progress.
sounds like that would also mean overhauling the data model to track individual positions within every account, not just balances? and then folks would expect every account's asset allocation to be automatically derived from those positions too I imagine? that would differ a lot from how asset allocation modeling and change over time currently works in the tool. maybe I'm missing something, but it feels like there co…
I think adding account linking is something you absolutely should not do, that definitely will add so much complexity and also touches up on people's security fears around 3rd party linking, so definitely don't do that.
Will keep using the product for sure. Nice work and congrats on the success so far
Re: Bootstrapping a side project into a profitable seven-figure business
#250It looks really good. Would it make much difference that I'm not USA based, (live in the UK). I.e. in terms of tax pensions pensions etc.
I noticed most tools neglect international scenarios because the US market is big and it's easier to focus on that. So I decided to be different and try to build with as much international flexibility as possible. We have a bunch of international account types and tax preseta, including some for the UK.