This goes way beyond that. This is no longer a grey area. This is lying to potential customers. Justify it however you want, it's wrong.
How I Made $4000 Selling A Product I Didn't Have
41–50 of 74 posts
Re: How I Made $4000 Selling A Product I Didn't Have
#421995Vaporware = 2013ProofOfConcept. Sigh.
Re: How I Made $4000 Selling A Product I Didn't Have
#43Re: How I Made $4000 Selling A Product I Didn't Have
#44You lied to customers to get something valuable from them (in this case, the information that they were prepared to pay you, and their engagement with your site). You used this, by your own account, to gain $4000. I wouldn't want to make a large bet that that isn't fraud and outright illegal. It probably isn't, unfortunately. But I hope your company fails. You should not get away with such behaviour. A decent person…
You realize that the title is obviously exaggerated and that I didn't gain $4000 on day one. I did however gain the kind of validation that eventually allowed me to gain $4000 in cash when we launched a month later. For every person that has criticized this, I have had another one saying this is great. I also know for a fact that I'm not the first startup entrepreneur to do this. I have already apologized to each and…
The fact that you brag about it so boastfully is atrocious to be honest.
Re: How I Made $4000 Selling A Product I Didn't Have
#45Earlier quoted context omitted.
"taking people's money under the banner ..." He didn't actually charge people before the product was finished and they were able to opt-out after they knew what happened. Would have been a whole different story if the cards had actually been charged.
While the author did not charge the credit cards, he did not communicate to his site visitors about the situation either. It was only after the fact once they essentially gave out their information did he reveal the truth. Sure, you can argue that he did not charge for those that wanted to opt out. But from the get go, his visitors were not provided with the correct information to make an informed decision.
The way he did it allowed him to validate the idea in the exact same situation he would end up after building it, so it's a great way to take the (huge!) risk out of building a product.
Personally I wouldn't mind as a customer as you did know all the facts before you were actually spending the money.
Re: How I Made $4000 Selling A Product I Didn't Have
#46People are just anonymous hits online, right? Drive up the hits. How? Just manipulate people. Oh, we got money? Chest bumps and high fives all around. We did it!
When you start thinking about "right" or "wrong" when doing work like this, your world falls apart, so you don't think that way. You run the hustle. You run the borderline-illegal practices all in the name of growth. When you're successful it'll all be forgiven by rich people who want to leech of your success anyway.
If we keep telling ourselves it's bad/wrong/illegal, all the people willing to do this shady work will end up ruling the world while we still sit on our poor sanctimonious asses.
Re: How I Made $4000 Selling A Product I Didn't Have
#47I'm not sure why you posted this. Are the pageviews from the controversy really enough to offset a long-term loss of reputation? Maybe you don't understand the line you crossed. You advertised video courses taught by talented entrepreneurs. Later, you launched what is effectively a forum. These two things are hardly similar, but you charged users for the latter when they signed up to pay for the former. Couch it in a…
The roadmap was actually changed because of those customers, so presumably the end result should align better with what they really were looking for.
I would've done an opt-in though.
Re: How I Made $4000 Selling A Product I Didn't Have
#48I'm not sure why you posted this. Are the pageviews from the controversy really enough to offset a long-term loss of reputation? Maybe you don't understand the line you crossed. You advertised video courses taught by talented entrepreneurs. Later, you launched what is effectively a forum. These two things are hardly similar, but you charged users for the latter when they signed up to pay for the former. Couch it in a…
Re: How I Made $4000 Selling A Product I Didn't Have
#49I have a feeling this would be illegal in the United Kingdom.
Re: How I Made $4000 Selling A Product I Didn't Have
#50I'm not sure why you posted this. Are the pageviews from the controversy really enough to offset a long-term loss of reputation? Maybe you don't understand the line you crossed. You advertised video courses taught by talented entrepreneurs. Later, you launched what is effectively a forum. These two things are hardly similar, but you charged users for the latter when they signed up to pay for the former. Couch it in a…
Adii isn't forcing anyone to pay and as he stated in his essay, he personally reached out to customers to inform them the video content was ready YET. Adii isn't doing a bait-and-switch without intention of delivering a quality product. He left his successful startup, WooThemes, to build a platform to help entrepreneurs. Before criticizing his approach coming from the outside (with less context), I'd prefer to hear d…