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Comment by patio11 | Hacker News Reader

Hiya guys. I have produced one of these every year and thought folks might be interested in reading it. It includes figures for how this year compared with last year, my commentary about what went right in my business and what went less than right, and my goals for 2010.

I know it is technically speaking a little early but I'm getting on a plane today to go home for Christmas and pulled an all-nighter to get a head start on recovering from jet lag. This meant I had some time to kill.

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Thanks for sharing the numbers!

(And the story to make them digestible.)

Thanks for posting your annual write-ups. You have a straightforward style of writing that's very enjoyable to read!

I loved it. My fiancee and I have been talking about a similar business (not competing, bingo cards are all you) and it was interesting to see how your business has progressed and where you are.

I'm curious as to why your expenses were so high? Advertising and server charges should be the bulk of that, correct?

he has pie charts of how his expenses break down at http://www.bingocardcreator.com/stats

Thanks Patrick. Very cool of you to share this.

I'm curious about your stated plans/hopes to do BCC full-time. Do you think BCC could grow faster if you worked on it full-time? Do you want to add more products?

Yes, I think I could accomplish more with BCC if I didn't have one particular obligation which sucks 60+ hours plus travel a week. I do not intend Bingo Card Creator to be the last thing I ever program, but don't have concrete plans for my next application yet.

Wow, Thanks for sharing.

Have you thought about going into e-flash cards, it seems like you would have an overlap in customers for this product? And it wouldn't be too much work to create.

SEOwise if it is not bingo then my built in advantage is same regardless. Given that SEO is my main acquisition channel, makes little sense to make next business in nonlucrative niche when I could carve out a spot in a more rewarding niche for similar work.

What I was thinking since you already have a customer base of teachers. You market directly them. You create a product where the teachers create flash cards (math, English, etc)

They then assign the cards to the students as home work. (The student has to go through the whole deck over and over until he gets all the answers correct.) The teacher is now able to assign home work that grades itself. The students do better on tests because they have memorized the given material. Every one is happy.

And unlike the bingo cards teachers will pay a monthly fee to use the service. So the revenue is recurring.

This was an awesome post, thanks. 48% from Google = 250,000 views from Google SEO alone? That's pretty cool.

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