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I created Perfect Wiki and reached $250k in annual revenue without investors

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Re: I created Perfect Wiki and reached $250k in annual revenue without investors

#371

Post by wingerlang »

LZ_Khan wrote: post #359

First of all, congratulations. That's a huge feat and you seem to have overcome a lot of hurdles to make it. That being said, I find it a bit discouraging that small-team passion projects with even the best product-market fit and minimal marketing spend only reach this level of profitability after 5 years. Like, I can work at a FAANG, coast, make no real contribution to society and collect a 400K/yr check. Or I could…

> Like, I can work at a FAANG, coast, make no real contribution to society and collect a 400K/yr check.

99% of the world is not able to just go work at a FAANG. That 99% also earn way less than 250K a year.

Re: I created Perfect Wiki and reached $250k in annual revenue without investors

#372

Post by b112 »

bythreads wrote: post #360
chii wrote: post #357

Earlier quoted context omitted.

> to screw up search is mind boggling. it's because they hired "frontend" developers to develop these features, likely someone with little actual compsci experience, and have little to no room to make the feature and under a tight deadline.

Ah the good old us vs them thing popping up again. Manners

Don't expect sprinters to care about marathon issues.

Re: I created Perfect Wiki and reached $250k in annual revenue without investors

#373

Post by pimterry »

LZ_Khan wrote: post #359

First of all, congratulations. That's a huge feat and you seem to have overcome a lot of hurdles to make it. That being said, I find it a bit discouraging that small-team passion projects with even the best product-market fit and minimal marketing spend only reach this level of profitability after 5 years. Like, I can work at a FAANG, coast, make no real contribution to society and collect a 400K/yr check. Or I could…

Building a business that earns $250k/year isn't just a fixed income though - you get the money, but _you also now own a business_.

In effect you've earned a $250k income _and_ ~$1 million dollar asset you can sell later (one which will also likely keep growing in value well above most other assets return rates).

The reality is a bit more complicated, but there is definitely significant value in 100% equity in a successful business that will often be larger than your paycheck.

And that's before you get into the flexibility and other upsides of being your own boss, the long-term CV & reputation benefits of this for whatever else you want to do next, etc etc.

Re: I created Perfect Wiki and reached $250k in annual revenue without investors

#375

Post by imtringued »

wingerlang wrote: post #371
LZ_Khan wrote: post #359

First of all, congratulations. That's a huge feat and you seem to have overcome a lot of hurdles to make it. That being said, I find it a bit discouraging that small-team passion projects with even the best product-market fit and minimal marketing spend only reach this level of profitability after 5 years. Like, I can work at a FAANG, coast, make no real contribution to society and collect a 400K/yr check. Or I could…

> Like, I can work at a FAANG, coast, make no real contribution to society and collect a 400K/yr check. 99% of the world is not able to just go work at a FAANG. That 99% also earn way less than 250K a year.

Case in point:

https://x.com/WyzeCam/status/1917662183036706849

Re: I created Perfect Wiki and reached $250k in annual revenue without investors

#376

Post by asp_hornet »

__jonas wrote: post #237
aaravchen wrote: post #231

Earlier quoted context omitted.

I just had to use Slack again after 6 years, and it's incredible how much worse its gotten. Honestly I don't know how they managed to make an industry leading tool actively worse by so much that its now _worse_ than Teams. Features it had 6 years ago that I desperately missed when we had to start using Teams are pretty much all gone now. Its such a slap in the face of how Enshittified it's become.

I'm not really sure what you mean, I'm also coming back to using Slack for some contracting work after a similar period of time and it seems identical to how it always was to me, definitely feels nicer to me than Teams. Could you point out what has changed? I guess calls are called "huddles" now for some reason, that's a bit weird but doesn't really bother me.

You used to be able to remote control during desktop sharing.

Re: I created Perfect Wiki and reached $250k in annual revenue without investors

#378

Post by alxjrvs »

bigstrat2003 wrote: post #260
DontchaKnowit wrote: post #215

Earlier quoted context omitted.

Im confused seeing all the hate for teams here. Whats so bad about it? Its a simple calendar and a messenger. Its not perfect but its not awful. Jira on ghe other hand.....

I don't understand all the hate for Jira to be honest. I've used it at various companies and I think it's fine. You can absolutely customize Jira into a monstrosity that sucks to use, but that's true of many ticket systems. I think that the out of the box experience is reasonable though.

IMO, this is the right idea. I've worked on small projects using Jira primarily as a means of ticket management, and I've worked on giant orgs with scrums and groomings and all that.

As far as a tool, it's perfectly fine. A lot of my bad feelings came as a result of wanting it to be simple ("What should I work on next") but it being twisted into a series of incantations and rituals by those looking to bend it for the purposes of more and more intricate views into how we spend every moment of our day.

Re: I created Perfect Wiki and reached $250k in annual revenue without investors

#379

Post by unmole »

em-bee wrote: post #173
xyst wrote: post #122

Earlier quoted context omitted.

You can make money through anything that has a decent market size. Slack addons or plugins used to be a good example before it was acquired by Salesforce.

what else is there then? google, microsoft, apple, some chinese companies. can't think of anything else with a large market for apps.

Shopify, Wordpress

Re: I created Perfect Wiki and reached $250k in annual revenue without investors

#380

Post by tyingq »

Pretty impressive. One watch out is that MS has control of many knobs that can ruin it. At the moment, your app is what comes back first if I click "Apps" and search "Wiki". I imagine MS can change that on a whim. Then things like app reviews and so on. Have you considered expanding it as a plugin/app for other tools...to sort of spread that risk out to more than one vendor?
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