My New $156 Startup
theteacherpreneur.com
My New $156 Startup
1–10 of 62 posts
Re: My New $156 Startup
#2I don't know how I feel about this race to the bottom that is design work through sites like fiverr.
I can only hope oDesk and the like don't ever replace the need for a full time programmer or I'll be out of a job.
Re: My New $156 Startup
#3Perhaps I'm just jaded or not "in the know," but this seems like a shallow and short-term business model for a SaaS product.
How do you maintain the codebase? Oh, I just go grab a dev on Elance again. What happens when they introduce bugs into the codebase? Elance! OK, cool, that's definitely a long-term solution. Do you perform meaningful A/B testing? Add new features? Do anything to justify the continuous cost of SaaS to the customer?
These all seem like things that an actual team would be good at. But again, maybe I'm just too old fashioned or jaded.
Also, from "About Us":
"Jarrod is a teacher and online entrepreneur whom has built well over 100 online products and services. He blogs regularly about his experiences generating an income online"
How can one person who's generated over 100 products be adding any value? How are they maintained? Are they all just one-off, throwaway pieces of software?
Re: My New $156 Startup
#4Couldn't read the article, but based on the hostgator 500 page, I'm going to guess you're doing it wrong.
Re: My New $156 Startup
#5The author seems to be making the mistake of conflating accounting profit and economic profit.
After 4 months of work, he has achieved accounting profit, but I speculate he's pretty far from economic profit ($5,000 for 4 months is likely far less than he'd earn as an employee). Moreover, the idea doesn't seem interesting or large enough to actually grow into an economically profitable venture.
Re: My New $156 Startup
#6Please consider making your blog and landing pages static sites. They'll handle load like this much better (the site is currently 500ing), and will be cheaper to operate as well. I did a little write up here, but you can also just google "build static website": https://eager.io/blog/build-static-websites
Re: My New $156 Startup
#7The author seems to be making the mistake of conflating accounting profit and economic profit. After 4 months of work, he has achieved accounting profit, but I speculate he's pretty far from economic profit ($5,000 for 4 months is likely far less than he'd earn as an employee). Moreover, the idea doesn't seem interesting or large enough to actually grow into an economically profitable venture.
I think that the 4 months was spent by his outsourced developer. The marketing efforts he describes in the span between when he set them to work and when he launched don't sound like they add up to 4 months of full time work. I imagine he's taken the "slow-cooker" startup approach: set it and forget it.
Re: My New $156 Startup
#8I sense jealousy in some of the other comments here.
Jarrod is smart in building assets and fueling his ADHD at the same time.
He's not a slave to anything or anyone and he didn't buy/build himself a job, but REAL assets that puts money in his pocket each week.
Re: My New $156 Startup
#9I don't know how I feel about this race to the bottom that is design work through sites like fiverr. I can only hope oDesk and the like don't ever replace the need for a full time programmer or I'll be out of a job.
My philosophy is that any company I do side work for that hints of "adding horsepower through odesk" or similar, I fire as a client. With that philosophy, they don't value your work and need to see how things are on the other side.
Re: My New $156 Startup
#10I honestly thought this was satire until I got to the website link at the end.
From the initial "design" sketch to the use race-to-the-bottom design and coding websites, I was sure this was a parody of startups racing to sell a non-existent product with just vague ideas and generic logo.