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Ask HN: Making 500K euros in 6 months; myth or plausible?

4 pointsby stefanos827 months ago

7 comments

guywithahat7 months ago
While it&#x27;s technically possible, I wouldn&#x27;t bet on it. Lots of people have launched startups that were a sure thing just to have them fail with no users. If you need money I would get a job.<p>Edit: if you need some demotivational material, you can check out <a href="https:&#x2F;&#x2F;www.failsights.com" rel="nofollow">https:&#x2F;&#x2F;www.failsights.com</a>. A guy I know in the UK does it, and he covers startups that fail, often costing the founder significant amounts of money
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sfmz7 months ago
Its happening with AI wrappers (eg. AI headshot) and smart-contracts; but it will ~probably~ take more than 6-months to familiarize yourself with the space and market; if you had the domain knowledge, you could succeed insofar as there is not much code to write.
JojoFatsani7 months ago
If it was easy, everyone would do it
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GianFabien7 months ago
Depends on how big the initial investment is. If you start with 1000 euros - unlikely. If you start with 5,000,000 euros - plausible. Large scale marketing costs heaps and returns only a tiny percentage of paying customers.
sn97 months ago
In a six month period some time in the future? Plausible.<p>In the next six months? Unlikely enough to be a myth.
user901313137 months ago
No joke, I&#x27;m aiming for at least 5 million in next 8-9 months, AMA :) I&#x27;m serious
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0823498723498727 months ago
Completely plausible: invest 17M EUR in dutch or belgian 6 month bonds
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