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My solopreneur story

news.tonydinh.com

131–140 of 669 posts

Re: My solopreneur story

#131
I am really fed up with this kind of indie hacker story.

MMR updates are superficial. Weak signal. I'm confident most are absent of critical info and some are entirely made up. I don't disbelieve anyone in particular, but when a mechanism of virality proliferates, it often gets deployed without the backing substance.

"How I XYZ" around money is similarly misleading. Most entrepreneurs I know cannot recreate their own success – when they set out on a new venture, they need to look with fresh eyes, invent some new techniques, and discard a lot of methods that previously worked. If entrepreneurs aren't even able to reuse their own "how I xyz," then how will a stranger with even less nuance be able to learn or apply much from the blog post? Again, some of these stories have great lessons, but as a category I believe they are more noise than signal.

Finally, the sheer obsession with money saddens me. The great entrepreneurs of our world are hardly motivated by money – to them, money is a tool that they factor in as they work to realize a vision, not an end goal. How ethically/morally impoverished is this technical class to be so obsessed with money? There's a term for this – greed. I know that a lot of jobs suck, a lot of stuff in life is expensive, we need money to do a lot of basic things, etcetera. But money is not the only solution, and more money is not an even better solution. I don't think this incessant messaging around money is virtuous – I think it is both a product of greed and a means of harnessing the greed in others. (And where are the entrepreneurs bragging about impact?)

(For the record, I am not jealous – I make my money doing literally whatever I want, on projects that I find much more exciting, with ample time left over for nature walks, rock climbing, reading, and more. Unlike these authors, the money I make is not the most interesting part of my story.)

Re: My solopreneur story

#132

Earlier quoted context omitted.

This is the endgame of rent-seeking and an abundance of (concentrated) capital, in a country that is largely comfortable letting everyone fend for themselves. Who needs to build cars when you can tickle Sam Altman's Markov chain generator for $45,000 a month? I mean, I don't blame anyone, and I need money as much as the next husk of a man, but I really wish hustle culture would stop permeating every last open space o…

He's not from the US. Typical hackernews: "Something bad happened in the world and this is why the US is bad"

There's that vaunted, cerebral HN discourse I've come to know and love.

Re: My solopreneur story

#133
post #61

Earlier quoted context omitted.

A private person who controls the production of his work and sells it in an open market economy is definitely capitalism.

Where is capital involved? Capitalism is not the only form of open market economy.

> Where is capital involved? Capitalism is not the only form of open market economy

Right. Like you don't own anything but still somehow sell it on the open market.

Apparently, "you can't have your cake and eat it, too" is a capitalist prejudice as comrades in the USSR would have ensured us.

Re: My solopreneur story

#134

I paid for & use one of Tony's products (Xnapper for screenshots). It's good, but I reported a cropping bug, along with a replication bullet list and .gif screencast of me replicating the bug. I got a response from a support person telling me to increase border padding beyond any reasonable aesthetic level. Aesthetics is the purpose of buying the product, otherwise non-aesthetic screenshots are built into macOS. The…

You got an unsatisfactory reply to a support ticket. What's the realistic alternative with other software vendors of $20-50 products? IMO, the most common is not "a satisfactory reply" but rather "no [edit to add: human-generated] reply".

[deleted]

Re: My solopreneur story

#135

An arrow indicator for a twitter profile pic, a screen cap tool, and a wrapper around ChatGPT. I kinda want to shoot myself. Largely useless products that made someone rich that rely on two other ecosystems. That’s the way I guess? I’m so not an entrepreneur. Edit: apologies for using a suicide metaphor. I was being sarcastic. I’m in my 50s, really like my job, and am on a path to a good retirement. It just amazes me…

This is the endgame of rent-seeking and an abundance of (concentrated) capital, in a country that is largely comfortable letting everyone fend for themselves. Who needs to build cars when you can tickle Sam Altman's Markov chain generator for $45,000 a month? I mean, I don't blame anyone, and I need money as much as the next husk of a man, but I really wish hustle culture would stop permeating every last open space o…

Well put. I think this take summarizes the lens of incredulity from which many in my generation view this new economy.

Re: My solopreneur story

#136

I don't know if I'm in an algorithmic rabbit hole, but my Twitter shows hundreds of people like this talking about how much they are making, how many signups they are getting for their products, how many Twitter followers they have. It seems like some strange playbook where you build a very simple product and shout about (possibly exaggerate) your success to attract eyeballs. Then you sell the real thing which is a c…

Agree with this, it's mostly talking about numbers and the success instead of the product itself [which you'd expect to be the forefront of all their posts as its the main reason they are tweeting?]

Re: My solopreneur story

#137
post #43

Earlier quoted context omitted.

Corporate communism? I wonder what’s that, let me check, oh it’s some US conservative talking point. Wait, isn’t a politburo the executive committee of a communist party? How can that be corporate and own the media? Wait how is selling apps capitalist success? What capital is winning here? I guess the corporate capital of the company owning the App Store. Or is it the capital that the app making guy is building up? I…

> I wonder what’s that, let me check, oh it’s some US conservative talking point. I am confused. I thought us conservatives are fixated on corporate. Either way I am far from conservative in the sense you imply. If i do cross boundaries on some concepts thats because i am not fixated on ideology. The politburo is the corporate board. The corporate own the media through money. Selling apps is capitalism because money…

It's clear that you're confused by the way you express your views and the framework you use to understand the world.

You claim that you're not fixated on ideology, but in the same breath you talk about core values of capitalism.

The corporate board (actually the board of directors) jointly supervise a company. It's not the decision making body (that's the CEO), and therefore is not analogous to a politburo. Fun fact: the Communist Party of China has both a Politburo and a Central Committee.

The media (or more precisely, the most of the media in the US, because many countries have broadcasters not financed through private capital) aren't owned by "the corporate". Media (TV, newspapers) are usually corporations themselves, and are owned by shareholders. By capitalists. If you had enough money, you could buy them.

Money moves? Sure it moves when a corporation runs the payroll every month, or when I go buy a popsicle. Or when someone pays someone else to procure him a kidney on the black market. Money in every form and in every economic system, not just in capitalism, will be exchanged, this is because it's the very purpose of money and it's reason to exist.

You have some theories as to why most wealth is concentrated (top 1% owned 46% of global wealth in 2020). There seems to be a conspiracy narrative (the politburos are conspiring to keep the money in the hands of the rich), and a remedy (small entrepreneurs will rise and reclaim the money).

You might be aware that money is locked up in the 1%, because 1) they don't need to spend it, or very little of it, like $5 for an app. 2) the capital that they have lets them extract more money from the 99% (in the form of rent and stock dividends), so the direction of money flow is from the poor to the rich. Your conclusion is that we need more capitalism, but the right kind, not the one we have now, because the one we have right now is actually communism.

Re: My solopreneur story

#138

I've noticed that negative comments often float to the top. That’s a bit of a bummer. No one's entrepreneurial success should make you question your life choices or become a reason for your frustration. Congratulations Tony! I remember the time you quit your job and set a goal of reaching $10K/mo with a few products on twitter, it seemed crazy. But you pulled it off! Hats off to you.

It's ok for folks to express skepticism in response to someone selling shovels and dreams. Despite any insinuation in their marketing, luck isn't repeatable. All that said congrats to them on seizing the opportunity.

(I too sell trinkets ;) yet am too ashamed to sell dreams)

It would be nice to see a survey of all those who quit and it didn't work out compared to those who did, and their strategies. My guess is the losers tried most of the same things yet just didn't get lucky, or ran out of money before luck could come along.

Re: My solopreneur story

#140
In reality the title should be: this is how I got lucky in my journey, I jumped into the AI hype just like thousands of other developers, but pure luck made it for me, and now I make X amount of money. I’m not the first to jump into it, I’m not the brightest since there are way smarter people than me who tried similar ideas, I didn’t build anything groundbreaking, and I didn’t invent anything new. I just got lucky. Now all you have to do is to sustain that, make an article about it, write a book on how you are successful and sell it because everyone subconsciously likes to read stuff that gives them hope, and maybe even later make a TED talk talking about how X attribute is all you need for success. But in reality, it is just luck! A lot of people did what OP did, and a lot will try to mimic it too, only to find out years later that they didn’t make it, ending up in a worse financial situation plus all the mental health issues they had/have to deal with. I am not trying to be pessimistic, but I always wish that in all these inspirational stories, they would make it clear that it is all luck. Sure, try your luck too, but keep your hopes just like how you do when you gamble.
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