When I wrote the article, it was essentially me expressing my thoughts about how anyone if they want to (because not everyone does) CAN build something and start their own business, even without substantial capital. The barrier to entry is so low (comparatively speaking) that if you want to go out on your own as a developer, it is entirely possible. The post was meant to be encouragement to those who are interested, not sensational (although I did make some generalizations) :)
I actually built the original thing I discussed in the article (a service to manage Boy Scouts), and it got some great reviews and initial interest, but then the Boy Scouts wanted me to pay huge fees to license the term "Boy Scout" or use anything even resembling any of their trademarks. I decided to let that go and build something that does not piggyback on any other organization. That's what I'm working on now.
A year "lost" is a long time, but I haven't given up. I haven't lost anything other than time, since I was bootstrapping it and building it on my own time in the evenings. I won't be happy until I am doing my own thing. I'll post a follow-up with what I've learned and what has happened over the past year to anyone who is interested.