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My New $156 Startup

theteacherpreneur.com

11–20 of 62 posts

Re: My New $156 Startup

#12

I 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.

Building a SaaS isn't building an asset. It's building a service. Key difference. One appreciates, the other requires continuous attention. Services which don't get attention after they make their first bit of money are a detriment to the overall market. As far as I can tell, that's exactly what's going to happen when all of the actual implementation work is outsourced.

Re: My New $156 Startup

#13
As someone who is currently going through setting up a company, a list of words I didn't read in that article include: incorporation, insurance, attorney, EIN.

I can assure you these costs alone are well above $156. I don't know of a single state that looks kindly on un-registered businesses. I'm about to spend my Friday night (and Saturday and Sunday) doing legal research so I don't have to pay my attorney to use the Googles.

At some point anything beyond an idea will need to be backed by a legal entity, and that process is no joke.

Re: My New $156 Startup

#14

Perhaps 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 S…

> "Jarrod is a teacher and online entrepreneur whom has built well over 100 online products and services"

To the OP: something to fix

Who=He, whom=him.

Re: My New $156 Startup

#16
Hi all - I appreciate your concern over my methodology. Fact remains that I turned a $156 into a startup which has generated over 30k since launch about a month ago - while you might not understand the niche it serves our customers are schools for which there are no shortage of. All of the UI has been reskinned since the fiverr mockups and if you see the finished product it needs little resembelence. We also have two full time devs working on the software to continue to value add to the solution.

Yes I've launched over 100 products in 4 years many of which are international award winning - you can search Jarrod Robinson on the app stores to see that they are NOT throwaway products and represent hundreds of thousands of investment from me. I'm just blessed to be able to do what I love .

Re: My New $156 Startup

#17
post #9
post #2

I 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.

You're right that 90% of the clients on oDesk are absolutely horrible, but so are most of the developers.

There are some, however, who are genuinely just trying to find affordable talent in places where it's available. I know plenty of great developers in Russia and India making $40/hour as programmers for US companies.

Re: My New $156 Startup

#18

I 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.

A big part of how many people work is to be proud of what they have achieved. Personally, I wouldn't even build this kind of 'product' because I wouldn't get any sense of achievement or any sense that I'd built something worthwhile. Further, I can't imagine having an interest conversation or relating that well to someone that does this for a living. It seems little better than firing off as many slight variations of a 99c mobile app as possible.

Re: My New $156 Startup

#19
post #2

I 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.

[deleted]

Re: My New $156 Startup

#20

As someone who is currently going through setting up a company, a list of words I didn't read in that article include: incorporation, insurance, attorney, EIN. I can assure you these costs alone are well above $156. I don't know of a single state that looks kindly on un-registered businesses. I'm about to spend my Friday night (and Saturday and Sunday) doing legal research so I don't have to pay my attorney to use th…

Hi - appreciate you worrying about my legal situation. We used the $156 to get started and now have more then enough money and resources to follow any legal proceedings. You're also unaware that my company connectedpe already turns over a very nice revenue. This new startup is a new product to our lineup
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