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How to become rich even if nobody is following you on Twitter

blog.cubeofm.com

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121–130 of 192 posts

Re: How to become rich even if nobody is following you on Twitter

#121

Post by thibaut_barrere »

sshumaker wrote: post #111

A better approach: Get a job at at a startup run by those MIT elite. Kick ass and make yourself invaluable. The next time one of the founders starts their own thing, they'll bring you along at the very beginning. Use that role to get more involved with the business and network like crazy. Wash, rinse, and repeat. Depending on your effort, by the third time around you should have the connections and experience necessa…

I have not a huge startup experience (except my first two jobs that were kind of startups), but someone following this track should be careful about avoiding burn-out.

Re: How to become rich even if nobody is following you on Twitter

#122

Post by jacquesm »

maxklein wrote: post #118
jacquesm wrote: post #106

Earlier quoted context omitted.

As they say, there's an app for that: http://www.iphonefootprint.com/2008/09/health-information-tr... I can't find a web version of it off hand, so let's say it doesn't exist yet and you are now going to build it to prove this method works ? You'd have to keep track of your time to calculate your hourly wage, that would be an interesting experiment. I'm really curious how that will work out.

I'm not going to build this because I looked up asthma search count a while back and didn't like what I saw. There is another chronic disease with far more searches and a lot more competing software. I'll be building for that soon, and though I won't explicitely say the name anyone who is interesting in pursuing the niche should feel free to.

But following on your own theory, if it is trivial to clone the concept on to something related then you'd have to do both anyway. After all, changing the concept and marketing it for two or more different diseases is exactly what you are advocating, and doing it only for a single disease would be the opposite!

Re: How to become rich even if nobody is following you on Twitter

#123

Post by maxklein »

joelhaus wrote: post #112
zaidf wrote: post #93

Earlier quoted context omitted.

So how are you monetizing if not via adsense?

@maxklein Would love some feedback on a specific case too. The tax-for-dummies book idea has value, but it doesn't fit into the "optimize for time" strategy you advocate. For instance, while working in tax law for a number of years, I created an annotated Google Custom Search Engine for my own research purposes. As evidence that it's an under-served niche, the website where it's published was cited by a UCalifornia L…

I don't really know how ads work, so I've never actually used them. A tax search engine seems to me like an ideal place for affiliate selling of books on tax, and ebooks that other people are selling.

You have the terms people are searching for, just match a book to the term and offer to sell to them. Something like that, but I have no idea about the market.

Re: How to become rich even if nobody is following you on Twitter

#124

Post by maxklein »

jacquesm wrote: post #113
maxklein wrote: post #95

Earlier quoted context omitted.

You misunderstand the optimisation principle. A project that makes $1 a day but is impossible to modify to make new projects is not a valid project. A project that requires an hour of maintainance everyday is not a valid project. The point of my approach is TIME optimisation. For this, you have to automate - it is the first step of time optimisation. If you are not automating, or automation was not built into your pl…

> A project that makes $1 a day but is impossible to modify to make new projects is not a valid project. Ok, this reduces the number of 'possible projects' considerably. > A project that requires an hour of maintainance everyday is not a valid project. Obviously, because at 1 hour of maintenance every day you'd be doing less than 15 projects total if you need some sleep. But even the most trivial piece of software re…

I will test a few projects over the next 45 days and report back.

Re: How to become rich even if nobody is following you on Twitter

#125

Post by sshumaker »

albertni wrote: post #114
sshumaker wrote: post #111

A better approach: Get a job at at a startup run by those MIT elite. Kick ass and make yourself invaluable. The next time one of the founders starts their own thing, they'll bring you along at the very beginning. Use that role to get more involved with the business and network like crazy. Wash, rinse, and repeat. Depending on your effort, by the third time around you should have the connections and experience necessa…

Just as a sidenote, there really aren't that many tech startups started by MIT people, at least relative to say Stanford or Harvard.

I was referring to the "MIT elite" mentioned in the original link. Basically - if you haven't gone to a school where you were able to make great connections (Stanford, MIT, Harvard), you'll need to make those connections on the job.

Re: How to become rich even if nobody is following you on Twitter

#126

Post by jacquesm »

maxklein wrote: post #124
jacquesm wrote: post #113

Earlier quoted context omitted.

> A project that makes $1 a day but is impossible to modify to make new projects is not a valid project. Ok, this reduces the number of 'possible projects' considerably. > A project that requires an hour of maintainance everyday is not a valid project. Obviously, because at 1 hour of maintenance every day you'd be doing less than 15 projects total if you need some sleep. But even the most trivial piece of software re…

I will test a few projects over the next 45 days and report back.

Cool, that's really interesting.

The difference between theory and practice is that in theory there is no difference but in practice there is.

Now we'll get some hard data on how big that difference is in this case, which is very valuable information.

The difference between the plan and reality is one of the hardest to quantify elements.

Best of luck with this, I really hope that you'll be able to put down a method that actually works.

Re: How to become rich even if nobody is following you on Twitter

#128

Post by sabat »

dabeeeenster wrote: post #127

"The normals lack any of those attributes. They may be 50 years old, or have gone to community college, or may have learned programming on their own, or may come from Bulgaria or some other distant country." That is, frankly, racist.

Why is it racist?

Re: How to become rich even if nobody is following you on Twitter

#129

Post by sabat »

jacquesm wrote: post #79

Interesting, I've been doing just that for the last couple of years. It's been a mix of partial successes and total failures, mostly failures. I didn't want to go the 'mfa' route for obvious reasons, so I try to make these sites in to something that actually is useful, and that have a sense of community about them. Here is a breakdown of what you can make this way in a month based on adsense alone after several years…

* I didn't want to go the 'mfa' route for obvious reasons*

Sorry, but what's "the 'mfa' route"? Couldn't find anything on this.

Re: How to become rich even if nobody is following you on Twitter

#130

Post by sabat »

maxklein wrote: post #123
joelhaus wrote: post #112

Earlier quoted context omitted.

@maxklein Would love some feedback on a specific case too. The tax-for-dummies book idea has value, but it doesn't fit into the "optimize for time" strategy you advocate. For instance, while working in tax law for a number of years, I created an annotated Google Custom Search Engine for my own research purposes. As evidence that it's an under-served niche, the website where it's published was cited by a UCalifornia L…

I don't really know how ads work, so I've never actually used them. A tax search engine seems to me like an ideal place for affiliate selling of books on tax, and ebooks that other people are selling. You have the terms people are searching for, just match a book to the term and offer to sell to them. Something like that, but I have no idea about the market.

From your article: I once made a video hosting website and put 30 ninja videos on it. Adsense money was about $1 a day.

From your post above: I don't really know how ads work, so I've never actually used them.

Huh? Which one is true?

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