Finding the Energy to Work on Your Side Hustle
startups.co
startups.co
My first open source project was a failure; I worked on it for 3 years for maybe 20 hours per week. At around the same time, a number of hot SV startups started building very similar products 'as a service' - I felt that I could not compete with that kind of VC money so I gave up (I felt that open source did not stand a chance in that industry against the 'as-a-service' model). It was my first project so I wasn't too disappointed; it was mostly a learning experience. It was good to know that I could at least come up with the right ideas but that I had to improve execution. Also, picking an area/industry where open source software can thrive is important. Open source is not easy; it still has to compete with big advertising dollars and VC money.
I've been working on my second open source project for almost 4 years now. It's quite well known in its area (it got traction pretty soon after launch and kept growing steadily).
Looking back, it does feel like I could have spent my time on more lucrative things; but the problem with money is that everyone wants it; so things get very competitive and marketing-oriented. So maybe from a career/networking point of view, my open source work wasn't a bad ROI after all... For a side hustle.
I feel that it's just starting to settle into a niche which might have commercial potential but I don't want to rush anything. Commercial stuff is secondary for me.
I wanted to market it to web design agencies so that they could offer it to their clients and they would pay me a consulting fee to help them set up and build templates for them.
Eventually the area got completely dominated by as-a-service offerings such as Weebly, Yola, Wix and others.
I don't even know if web design agencies (which build static websites) still exist anymore so I think that giving up was a really good decision. If I had gone down that route, I probably would have ended up with a SaaS solution eventually, but I was just too slow.
My current project is http://socketcluster.io/
Somehow Wix is a growing, soon-to-be $400 million sales company worth $3.3 billion.
There's a huge market for destroying these guys with a better product. Google to their AltaVista.
You do what is best for you.