Best of Entrepreneurship — October 2024

  1. 1
    Article
    Avatar of communityCommunity Picks·2y

    My simple silly idea made $2000 in 2 days

    A challenge to make $1 million led to the creation of a $1,000,000 grid where each square represents $1,000 in revenue. The idea was inspired by the Million Dollar Homepage. The grid became a platform where companies could promote their products for $1,000 per square. After initial interest but no sales, a friend paid $1,000 to promote Frontend Masters, and the post went viral. Another buyer used the grid to promote a charity, raising awareness for St. Jude Children's Research Hospital. The project made $2,000 in two days and demonstrated the potential of quirky ideas.

  2. 2
    Article
    Avatar of communityCommunity Picks·2y

    My $1m actionable plan

    The author outlines a plan to become a millionaire by age 40 by focusing on three key activities: writing one article per week, creating one video per week, and building one project every two weeks. The author emphasizes the need to master skills such as writing, video making, and project building, while also acknowledging the importance of storytelling, marketing, sales, and design. The plan is designed to tackle overwhelming ideas by committing to concrete actions.

  3. 3
    Article
    Avatar of communityCommunity Picks·2y

    When to go full time indie?

    Deciding when to go full-time indie depends on personal circumstances. You need to understand how you handle transitions, evaluate your environment and constraints, and assess your goals. Success doesn't come easily or quickly, often requiring overcoming significant challenges and maintaining consistency.

  4. 4
    Video
    Avatar of communityCommunity Picks·2y

    I made $10,721 in 40 days (My $1m progress)

    In just 40 days, the author has made $10,721 towards their goal of earning $1 million from scratch, primarily through a coding course, grid sponsorships, a SaaS platform named iCodeThis, a community for indie developers, and ad revenue from Twitter and YouTube. To meet the challenge deadline of May 17, 2034, the author needs to increase their daily earnings from $250 to approximately $288.66.

  5. 5
    Video
    Avatar of TechWithTimTech With Tim·2y

    My Tech Startup Failed...

    The author discusses the failure of their tech startup, which aimed at creating cognitive training apps for athletes. Key lessons include the importance of validating your business idea thoroughly before developing it, building the simplest version of your product initially, iterating quickly based on user feedback, detaching your ego from the product, and failing fast to move on to new ideas. They highlighted the role of simple prototypes, rapid iteration, and subjective feedback collection in successful product development.

  6. 6
    Article
    Avatar of communityCommunity Picks·2y

    I interviewed 100 DevTools founders and this is what I learned

    The post shares insights from interviewing 100 DevTools founders, emphasizing the importance of understanding users, building a growth strategy, and engaging in content creation. Key lessons include the necessity of sales, experimenting to find effective strategies, and leveraging unique marketing tactics. It also underscores the need for founders to be involved in community building and marketing, and suggests considering relocation to San Francisco for better opportunities, although it's not mandatory for success.

  7. 7
    Article
    Avatar of jasonfriedJason Fried·2y

    Version 1 is for you

    The author shares a reflective experience about presenting two products, emphasizing the significance of building version 1 primarily for internal use. They advise against the distraction of hypothetical use cases and emphasize creating 'Maximally Proud Version 1s' (MPV1s) instead of minimal viable products (MVPs). Building products for their own needs ensures a higher quality outcome that can eventually cater to broader audiences.

  8. 8
    Video
    Avatar of TechWithTimTech With Tim·2y

    Is this you?

    Implementing the 'fail fast' approach, often advocated by startup incubators like Y Combinator, is more challenging in practice. Entrepreneurs become deeply invested in their ideas, making it hard to abandon them even when they're not working out. Failing quickly allows one to move on to new ideas faster, potentially bringing them closer to a successful breakthrough.

  9. 9
    Article
    Avatar of communityCommunity Picks·2y

    From idea - to tweet - to live product

    A developer shares their journey of turning a long-held idea into a $1,000 revenue in a few hours. By launching a tweet with a Stripe link, they successfully validated the idea of creating a paid community on Discord. The post highlights the steps taken, the excitement of first sales, and lessons learned about overcoming fear and taking action.

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