90% profit is a market failure, you should not be able to overcharge your customers almost 10x in a working market.
Then why don’t you make the same thing for 85% margin?
If, then I would have to do it at zero profits. But I already have a job.
My solopreneur story
541–550 of 669 posts
Re: My solopreneur story
#542Earlier quoted context omitted.
90% never lasts for long. Its called the law of attractive profits. The more attractive your profits are, the more competition you attract.
Sure, that's the theory. In theory someone cleaning toilets should also earn more than software developers or CEOs. People doing badly paid unpleasant jobs should all learn to program or manage a company and then drive down the salaries until cleaning toilets pays a premium because it is unpleasant work no one wants to do.
" In theory someone cleaning toilets should also earn more than software developers or CEOs."
everyone wondering if you have a cogent point should read this first to realize you have no idea what you are talking about
Re: My solopreneur story
#543Its amazing that as a senior developer he was making 1700 a month USD, which is about 20k a year. Salaries for software devs outside America are so comically low. I understand why the remote work sphere is completely flooded, simply being a junior dev in America doing simple stuff right out of college and you make 6 figs. That's a platinum ticket in 99% of countries.
horses. lots of 'em.
What does this mean?
Re: My solopreneur story
#544Earlier quoted context omitted.
Sure, that's the theory. In theory someone cleaning toilets should also earn more than software developers or CEOs. People doing badly paid unpleasant jobs should all learn to program or manage a company and then drive down the salaries until cleaning toilets pays a premium because it is unpleasant work no one wants to do.
" In theory someone cleaning toilets should also earn more than software developers or CEOs." everyone wondering if you have a cogent point should read this first to realize you have no idea what you are talking about
Are you saying you prefer cleaning toilets over developing software, are you denying that the theory says that people will seek the best paying jobs or are you denying that supply and demand will regulate compensation? Keep in mind that I started my sentence with in theory, I am well aware that in reality there are all kinds of barriers that will prevent people from quickly retraining and seeking jobs where the payment is the highest, that was the whole point of my statement.
Re: My solopreneur story
#545I’m very happy for Tony, it’s a great achievement indeed. Having said that, as an aspiring solopreneur myself, this article misses a very big part. Engineers like to talk about how they build products, but we rarely talk about how to market them. I quit my job 5 months ago, launched my first SaaS 3 months ago, and got zero users. I then started to tweet, write in LinkedIn, and focus on my newsletter. But I barely get…
A fellow solopreneur here, I've been doing it for several years now. I browsed through your profile, website, Twitter account, and I'm still not sure what your product is and what it does. Is it consulting? Coaching? Book? You don't have a lot of followers (me neither), so tweeting won't get you far as you're talking into a void. Instead, join existing discussions where people already are. Also, don't use too many ha…
Thanks for the tips on posting.
I do offer multiple services, including coaching/consulting and my book. I’m also working on. SaaS that is in progress.
Re: My solopreneur story
#546I’m very happy for Tony, it’s a great achievement indeed. Having said that, as an aspiring solopreneur myself, this article misses a very big part. Engineers like to talk about how they build products, but we rarely talk about how to market them. I quit my job 5 months ago, launched my first SaaS 3 months ago, and got zero users. I then started to tweet, write in LinkedIn, and focus on my newsletter. But I barely get…
It’s very hard to build a following without a system and without copying content For LinkedIn, ideally you should be posting at least 5 times a week, reposting your best performing content, re-phrasing or straight up copying viral content, and adding as many people to your contacts as possible every day (there’s a weekly limit, and there’s also a 20k total limit, so you also need to figure out what type of contacts y…
Not to be offensive, but you sound like the guy who I don’t want to be.
Sitting there, figuring out the perfect number of posts to share at the perfect time. I don’t want to do that.
I post a lot. On all platforms. But I don’t want to play games. Maybe I’m stupid, but I believe there is more than one way to succeed.
Edit: I also feel like this entire industry is based on survivorship bias. You post into the void, than the algorithm picks up one of your tweets. And you are like “oh yeah! Now I know”. And then you come up with a bunch of random number such as “post 5 times a week”, “no more than 4 hashtags”, and “must have a cat picture”.
Edit 2: I found mastodon, which does not have any algorithm games, to be far more authentic and helpful to me. I share pretty much the same content there and on Twitter, and my content performs better on Mastodon.
Re: My solopreneur story
#547I’m very happy for Tony, it’s a great achievement indeed. Having said that, as an aspiring solopreneur myself, this article misses a very big part. Engineers like to talk about how they build products, but we rarely talk about how to market them. I quit my job 5 months ago, launched my first SaaS 3 months ago, and got zero users. I then started to tweet, write in LinkedIn, and focus on my newsletter. But I barely get…
"I refuse to succeed!" To each their own, I guess?
If success is posting stupid click bait questions on twitter, then yes, I refuse to do that.
I’m not a clown or an entertainer. I share my journey and provide value to people. The people who are drawn to click bait content, are not the people I want to interact with.
Re: My solopreneur story
#548I’m very happy for Tony, it’s a great achievement indeed. Having said that, as an aspiring solopreneur myself, this article misses a very big part. Engineers like to talk about how they build products, but we rarely talk about how to market them. I quit my job 5 months ago, launched my first SaaS 3 months ago, and got zero users. I then started to tweet, write in LinkedIn, and focus on my newsletter. But I barely get…
What kind of product are you selling that you need to be active on Linkedin and Twitter?
My recent book. My coaching and consulting sessions. And soon, a SaaS that target software engineers and people with an “anti-establishment” mind set.
Re: My solopreneur story
#549I’m very happy for Tony, it’s a great achievement indeed. Having said that, as an aspiring solopreneur myself, this article misses a very big part. Engineers like to talk about how they build products, but we rarely talk about how to market them. I quit my job 5 months ago, launched my first SaaS 3 months ago, and got zero users. I then started to tweet, write in LinkedIn, and focus on my newsletter. But I barely get…
There are thousands of HN users now who have read your comment and not one of them knows what you're saas is, how to find it, or even what it's called, but we know you think marketing is hard...
One of the moves in the game that I refuse to play, is shoving your product down the throat of everyone.
I’ve seen it live on LinkedIn when one of my followers started to post generic comments, under my posts, such as: “totally agree with you! Subscribe to my newsletter”.
I find it disgusting.
This might be a surprise for you, but sometimes I just want to engage in authentic discussion.
I promote my stuff via Show HN or when it has relevance to the post/comment. But I’m not going to be the “Great story Tony. Subscribe to my newsletter ”, guy.
Re: My solopreneur story
#550Earlier quoted context omitted.
The juxtaposition of a entrepreneur recounting his experience building/selling products, with the original commenter criticizing entrepreneurs for being greedy, alongside of stories/comments every week here complaining about how we aren’t paid enough in tech and how it’s immoral to ask tech workers to drive to an office is quite ironic. He has a point.. HN is full of greed (or lack of appreciation for the privilege m…
> To a certain extent, yes, let’s defend and embrace greed No, let's not do this. That's literally the root of inequity that is rotting western culture. Put down the Ayn Rand and starting thinking about more than your /r/wsb fantasies of become a wolf of wallstreet or an elon musk. Cultures, cities, and nations' people are dying because of this callous attitude.
If people had no desire for money, there would be no incentive to start companies.
Would that lead to a more peaceful world? Maybe, temporarily. But a lack of companies leads to lack of jobs which leads to lots of other bad things.