Hacking side projects: Napkin to $1000 per day
waynechang.com
waynechang.com
The remainder of the article is about using a Google Docs spreadsheet and PHP to fulfill the "ecommerce demand" by hand. Once he saw the business could be sustainable, he began to automate the fulfillment process.
That is a novel, low-risk approach, but it's difficult to wrap one's head around it when you don't know what he is actually doing.
The article reminds me of get-rich-quick books. "Look at me, I spent relatively little effort and am making XXX amount of money off of it." It's just missing the tagline: "AND YOU CAN TOO!"
As you say, building minimally and only as you need it is good advice. I think the financial snippets are nice and illustrative too. But, the lack of information on market analysis, finding the niche, or information on what the product actually is - all greatly reduce the usefulness of the article.
http://www.domaintools.com/reverse-whois/?email=ac6994646bd3...
I'll be very happy if I make $10K only.
NO there is not any exceptional technology here. Instead Wayne used his technical skillset to quickly hack a high-leverage SIMPLE solution that WORKS.
It takes genius to make things simple.
NO wayne is not sharing the market opportunity he discovered. His new business is not strong and robust enough to invite competition.
He discovered a DEMAND CHANNEL.
Maybe if he used the phrase "customer development" you guys would be nicer?
It's the same thing.