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Ask HN: At what point does your side project become your job?

9 点作者 iqonik大约 9 年前
I run www.propertywizard.io and also work full-time. I launched in December and I am at £544 monthly recurring revenue. The cost to run is roughly £1k a year, so I&#x27;m profitable if you don&#x27;t take into account my time.<p>I have a child and a mortgage to upkeep so I cannot leave my job until it is making significantly more, however, I know it needs my full attention to reach that stage.<p>What would you do?<p>I&#x27;m wondering if I should seek investment to cover my living costs. I&#x27;m not sure investors would be happy knowing their money is literally buying my time?

4 条评论

saluki大约 9 年前
Congrats on developing a SaaS with revenue . . . keep bootstrapping . . . you don&#x27;t need investment.<p>Polish up your app and code . . . there are some rendering issues on initial load and validation on the login form. Test, improve, polish provide the best UX you can to keep existing customers.<p>Start a blog with articles on how realtors can use social media, publish often and collect emails&#x2F;build a list, email that list valuable information and details on PropertyWizard.<p>Invest some of your revenue in contacting realtors, test out some ideas and see what your ROI is. Try calling realtors in person make a goal of 1, 5 or 10 per day, approach an office with 50 realtors and offer them a group package, test mailing out 100 postcards, track the realtor&#x2F;office names&#x2F;provide a unique URL and track signups. Find out what&#x27;s working to generate signups and focus your efforts there.<p>Add a signup process on the site (checkout stripe), test three subscription levels, offer a annual discount sign up for 12 months (price of 10). Add an Office package up to XX realtors, email us for custom plans&#x2F;more realtors. I think focusing on real estate offices with multiple agents might be a good way to grow your subscribers.<p>Add a favicon, minor but I always notice when they are missing from a site.<p>Don&#x27;t sell a piece of your pie at this point, keep growing it.<p>Good luck, update us on how it&#x27;s going.
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imdsm大约 9 年前
&gt; I&#x27;m not sure investors would be happy knowing their money is literally buying my time<p>Isn&#x27;t that what most investments do in the beginning? Pay for the time for the idea to become a reality and give the founder(s) the ability to realise it?
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iqonik大约 9 年前
I should mention the reason I haven&#x27;t made an &#x27;Apply HN&#x27; post is the money available ($20k) wouldn&#x27;t be enough for me to cover my expenses and quit my job.
herbst大约 9 年前
I would try to invest your current revenue in someone who can help you make your product more visible.
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