- https://nomadlist.com/
- https://remoteok.io/
- https://hoodmaps.com/
https://mobile.twitter.com/levelsio/status/93870716650815488...
(aka stop running after shiny new things and just do it!)
That means you can either go for the lump sum or the annuity, either one gets you out from under The Man.
Can't argue with results. I don't personally care if you have one file with 4500 lines or 100 files with 45 lines. You have a successful and helpful business. Good job!
Just had to add that...
If unemployed and broke is at one end of the spectrum and living off investment dividends is the other, this is 95% of the way there.
I’ll try moving the map attribution to left tomorrow or move the “by @levelsio” box! Thanks for telling me.
With a 90% profit margin and 30% taxes, 378k per year in bank.
Almost 1k/day
Not fuck you money, but that’s pretty solid. I remember getting paid 1k/month as my first Job.
C'mon dude. At least be consistent with your line of reasoning.
WRT $50k/mo, for any sane person that's two times more-than-enough. If I could stably do $5k/mo from an app or website I'd be happy.
1) I was wrong about what was going on in that thread. I sort of scanned it at first and saw that snarky "this is why I build companies and you do contracts" post and it rubbed me the wrong way.
2) The $50k (or €50k, im not sure which it is now) number is a lot, but given the way I originally interpreted the thread my initial reaction was more of one like "who does this guy think he is?"
3) I later went back over the thread and saw that people were being needlessly critical of a tiny webapp.
All that being said, I do agree with the replies that are being critical of my thinking here -- I just can't go back and edit it on HN!
I think it's the word you chose that brought it all on you though. Yet empathising with the way you interpreted the thing, I could've made a similar rant too, frankly.
Hell, €5k that's just about passive income(like Levels business are close to being) would set me free and change my life in ways I cannot describe.
I f-you money is saying f-you to your boss, then yes it is. Even in the most expensive cities in the world. Hong Kong, SF
Pieter's approach of what lead him to land on Nomadlist is I think where the value is - scratch your own itch, and do a lot of business experiments - don't spend more than a month or two on a business idea if it hasn't gained traction, move to the next one. Again, only works for some type of businesses.
Really, his projects are interesting and all but "just ship it" is not enough, it has never been.
I think it's really good. Probably the best startup talk I've seen in a while.
In my opinion, there are benefits to doing things alone, but you have to be able to learn a lot of things quick, have a lot of available time with few distractions, and be very focused and persistent.
Cons: it's not as fun, and will probably take longer than working with people with specific talents.
Typically when I see revenues posted it means the profit must only be a fraction of that amount.
But I agree with you -- anybody posting "I'm making $X/month doing something that seems easy" is usually trying to sell you a book/workshop/seminar (which is where they make their real money).
I sell a book but that’s less than 5% of my income. 95% is business.
The question is for how long?
What does an an indie maker who has "made it" do next? What do the next decades of their life look like?
Will you ever team up with someone?
I think the most joy I get is from making, so I will continue that. Money was the goal in terms of me having to pay my bills, but the second goal was always that I just like to make things.
Before websites, I made music and visual graphic art. Making makes me happy.
I’ll be importing costs from several sources (like PayPal, bank etc) in the next few days and adding it to my open revenue dashboard:
Rough calculations is that it’s somewhere from 80% to 90% profit margin pre tax.
And by definition profit is a fraction of revenue. It can't exactly be more than 100% can it?
Please explain the scenario in which you can take the same balance sheet and use it to show two different revenue figures. You can't. You can easily do the same thing with profit.