I don't want to give out URLs and names in a public forum, but I've started several 6-figure online businesses in different segments over the years. The one I'm focusing on now does about $400k/year in profit and I only have to put in about 5 hours per week, I'm basically retired at this point.
I'm brimming with ideas - really good ideas, but I don't want to pursue them without dedicated partners. I want to build great products foremost, the money follows naturally.
We can talk privately if you think there's an opportunity here.
"Several 6-figure online businesses" / "$400k/year and 5h per week" --> this is the kind of posts that make it look so easy to build this kind of businesses. And honestly, it seems unrealistic and almost bullshit. Why commenting if you don't give out your URLs?
Why would he post the URL and invite a bunch of new competitors to clone his software?
I seriously don't understand this trend of people blabbing their revenue numbers and showing their exact website... there is no better way to create a competitor than that. And for what, an ego boost?
No one here is in some secret market that no one knows about. If you have no competitors, you're either a government sanctioned monopoly or in the wrong market.
That's definitely false.... there are thousands of niche markets with 1-5 competitors where each can make 5 figures per month. Why invite more competition?
Also, it's not like you email your competitors and exchange revenue numbers.
I agree you shouldn't share the URL, someone could easily copy the startup or model. What I don't agree with is that someone would be able to execute it properly.
I find it crazy that you have the funds and those kinda revenues but can't find the talent. Don't take this wrong but could be people don't want to work with you. I don't know you but there's definitely something not right. It also could just be that most of the "WOW" Developers work on their own projects by themselves. If they really like you, your idea/concepts and you have the funds to support it, you shouldn't have a problem.
I don't know. The thing is I don't tell people my revenue, and it's not like I go to great lengths to try to find people. I've met up with a few in person, and it's just been a waste of time - none of them are willing to take the risk, and I can't blame them, there are too many biz guys with worthless ideas out there. And yes, it seems that great devs/designers are usually more interested in working on their own ideas, it's very hard to get them to work on someone else's vision.
I agree with all that. I've got a few ideas myself but as a designer with only frontend skills I can only go so far. Normally if I build something or design a prototype its easier to find someone who wants to join. They'll have a better understanding of the product and workflow. Right now I have a Saas startup in SF we are looking for a marketing/biz dev cofounder. Products in hand launching August. Also always looking for someone great at marketing like I said shoot me an email and we'll connect. If you have angellist follow me their too. Angel.co/brayson-ware
I'm brimming with ideas - really good ideas, but I don't want to pursue them without dedicated partners. I want to build great products foremost, the money follows naturally.
We can talk privately if you think there's an opportunity here.