Tesla, the company now worth $700+ BILLION dollars, was valued on the stock market at only $40 billion.
For perspective, many software startups with ZERO plan to get to self-sustaining revenue and profitability have valuations exceeding $40 billion.
Somehow… Wall Street thought that Tesla — the first successful auto startup in 50+ years!!! with REVOLUTIONARY energy technology — was worth less than the average no-revenue-model software startup.
I told EVERYONE I’m close to, to start buying.
A proverb says, “There is benefit in every kind of hard work, But mere talk leads to want [poverty].”
What does it mean?
When you work hard to accomplish ANY productive purpose, you WILL profit in some way.
It may be in ways that surprise you. It might not profit you in the way you hoped. But somehow, someday it will pay off.
But contrast, talking about your plans WITHOUT ACTION guarantees financial failure.
I have a personal story that shows this principle in action.
My wife wanted to rent a video booth for our wedding instead of the regular…
Your logo will not make you money.
No one says, this product is TOTAL CRAP, but I’m going to buy it because the logo is beautiful.
No one says, she is a liar, cheater, stealer, lazy, and incompetent, but I buy her service because I love her logo.
In reverse, no one says, my friend said this service was AMAZING!!! But I won’t buy it because I hate the logo.
What’s the point?
When a company is successful, everything it does is considered brilliant. …
Disclaimer: I am a C# .NET developer, so for many of the suggestions below, I’ve been able to build them myself. If you don’t have programming skills and can’t hire a developer to help you, you can still apply these principles as you customize off the shelf e-commerce & web software.
Over the last 3 years, I’ve generated $1.36 million in sales almost all online.
Below are 3 lessons I’ve learned that can help you make more money online.
According to 2018 research by Google, 53% of mobile users leave a site that takes longer than three seconds to load…
*$1.2 profit is profit after the cost of advertising, but does not include cost of products or services rendered.
I often read comments or articles posted by fellow HN readers that claim digital advertising is a hoax, bubble, fraud, or unnecessary.
An article from thecorrespondent.com made this strange claim, “Is online advertising working? We simply don’t know” (See: https://thecorrespondent.com/100/the-new-dot-com-bubble-is-here-its-called-online-advertising/13228924500-22d5fd24)
An HN reader wrote, “The only good ad is a dead one…With very few exceptions, especially in the consumer space, you won’t need advertising if you actually need something. …
3 years ago, I left my job as a .NET developer to start my own company.
It was successful (e.g. I maintained a 6-figure income). Then COVID hit. 😬 Now, I’m back on the market…
This is NOT a compliment of the state of software hiring in tech.
This is madness.
In all my years in the tech industry (MIT & Harvard startup 2002–2003, Microsoft 2004–2007. .NET freelancing 2008–2011. .NET full-time developer & lead at pure software companies 2012–2017), the ability to code or employ a novel algorithm in 30 minutes was never our urgent problem….
I get it. Algorithms…
IMPORTANT: These books are in the order I recommend reading them. You can read them in whatever order you want. But, to connect the dots fastest, I recommend reading them in the order I’ve indicated below.
Special note to Hacker News readers: I will soon be writing an article to de-bunk a common developer myth that digital advertising is a bubble because advertising doesn’t work. My experience shows that concern is invalid.
“David Ogilvy was a British advertising tycoon, founder of Ogilvy & Mather, and known as the “Father of Advertising.” — Wikipedia
Ogilvy opened my eyes to this truth:
I hope my story will help you find ways to boost your business’ revenue despite 2020’s challenges.
We invite industry professionals from all over the world for 3 days of intense education.
I handle the marketing.
I used a combination of Facebook & Google ads to sell out the conference. (My Facebook and Google ad strategy is for another article.)
We anticipated tens of thousands of dollars in refunds.
And there was no end in sight.
Would attendees even wait until 2021 for a replacement event?
At many points, like so many of you, we weren’t even sure…
I’m a software engineer turned entrepreneur. Technology, SEO, and Marketing are my passions. Over the last 36-months my ads have made $1.36+ million in sales.