How many people on hacker news are running successful online businesses on their own? What is your business and how did you get started?
Defining successful as a profitable business which provides the majority of the owners income.
Defining successful as a profitable business which provides the majority of the owners income.
- https://www.indiehackers.com/ (of course)
- https://www.starterstory.com/
- https://www.authorityhacker.com/undercover/
- https://failory.com/
- Ask HN: Successful one-person online businesses? (Jan 5, 2017): https://news.ycombinator.com/item?id=13326535 (thanks @jbonniwell)
- Ask HN: Successful one-person online businesses? (Mar 9, 2014): https://news.ycombinator.com/item?id=7367243
- Ask HN: Sideprojects/passive income businesses with little or no own coding?: https://news.ycombinator.com/item?id=15806208
- Pieter Levels - Turning Side Projects into Profitable Startups (1h presentation): https://www.youtube.com/watch?v=6reLWfFNer0
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I started the business because I've always loved writing, am good at navigating tricky job search and career situations (I've seen it all after 20 yrs in recruiting), and I enjoy it more than recruiting. I also noticed most resume writers didn't really have a background in hiring, but rather were just trained writers that probably had a hard time making it in journalism or other areas.
I'd been writing resumes for my recruiting candidates for many years, and many of those candidates would rely on me for career advice as well. It was odd to provide career advice as a third-party recruiter, as there were times when I might have some financial interest in what a person does. As an example, if someone approached me and said "Should I leave my job?", a recruiter might say "yes" with the thought that if this person leaves I might get a placement fee if I help them find work.
Resume Raiders is now my primary focus and has been quite profitable since it started. There is very little overhead. I live in a pretty expensive area, but my clients come from all over the world. I also offer a discount to HN'ers (see my profile page).
People are more likely to follow a recruiting biz on social (might have a job for me?), but a resume biz is very time specific. Thanks for keeping an eye on me!
https://mobile.twitter.com/levelsio/status/93870716650815488...
(aka stop running after shiny new things and just do it!)
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.
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.
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The story is pretty unimpressive... I had the idea back in the days when web 2.0 was the new hotness, so I decided to make it happen and use it as an excuse to learn web 2.0 technologies. It was a freemium model from day 1, though I didn't expect many people to buy the paid upgrade.
People seemed to like it, paid upgrades were getting sold, and after a while of it being a hobby I realized I could live off the earnings and decided to make it full time.
It allowed me to spend many years being a digital nomad back when that sort of thing wasn't quite popular yet. I traveled to a lot of places and met a lot of fascinating people. Now I'm settled at home but those years of my life were priceless.
These days we're one of the largest and most respected writing communities online, at least 3 of our members have been in Writers of the Future awards ceremonies, and our members regularly go on to be published by major publishers and smaller outfits.
I should also emphasize that having one's own business doesn't mean you're a millionare, like many assume. I make a comfortable living but much less than you'd think if you pictured a "business owner guy". I still very much consider myself a success, because I get to do what I love, and on my own schedule. (For example I took a little time off to start a new hobby, standardebooks.org, which produces high-quality, modern ebook editions of public domain literature, and releases them free of cost and via CC0.)
I got started by... well, sitting down and scratching my itch. I wanted good backups, and it turned out that other people wanted them too.
Does it backup my website like S3, or does it back up my personal files like Dropbox?
No. It backs up your files like tar. (Except with deduplication and encryption and cryptographic signing and off-site storage.)
I wanted to read comments in feed reader (there were few forums with very interesting discussions) and Google Reader only allowed to read blog posts. So I've started developing my own feed reader.
I believed that comments reading feature is killer and thought that Internet is big and many people will like it and I will be rich soon ;) I saved some money and quit my job to focus completely on my product.
Guess what? After initial release nobody purchased my product. I was quite disappointed and started asking people what they didn't liked (turned out to be the most important thing to do). And I've started to add features they've missed, asked again, improved again. And got first purchase few months later and second purchase few more months later.
Few times I thought to abandon project. But then Google announced it will discontinue Google Reader. By that time I had more or less usable product and got a lot of new clients and a lot of feedback (which is very important). Worked like crazy for a few months and after Google Reader was closed I've had enough clients to pay the bills.
It's still in active development with a huge TODO list.
Can't say that it is success. I would make more if I go to day job (and won't worry as much about what to do next to have income in the future) but I'm working on my own project, talking with my own clients, using technologies selected by me and can work on my own schedule (although after being burned out and birth of baby I returned to working 5 days a week in office -- my own office indeed, with piano ;)
Having one-person online business is definitely possible but it's not as romantic/easy as it sometimes shown. "Wow, this guy could work on the beach" is actually "damn, I must work even on the beach".
This is a fantastic way to put it.
She even featured on Dragons Den: https://www.youtube.com/watch?v=cc1ktZRZ5ZM