Comment by teiferer
3 days ago
To me, a lesson is: If you keep chugging along on your idea then you might get lucky and be the one out of 10,000 for whom this single-entrepreneur-bootstrap project works out, you get to be your own boss, have a big payroll and it ends up as a success story on HN. Without that luck, you are among the other 9,999 where it just died. But without trying, you are guaranteed failure (though with less frustration perhaps).
Yeah, this resonates with me. My side project for 6 years was generating very, very little. Enough for a few pints a month.
Fun fact: The project survived a total destruction of the datacenter where it was hosted (remember the ovh incident?) which took it offline for maybe 4 months (no backups at the time). Luckily the server it was on didn't get melted.
Also at some point I started questioning why was I still working on it for so little. My wife convinced me to keep going and to be honest I still enjoyed working on it.
Then on year 7 things started to change, and on year 8 I was able to quit my daily job! I'm on year 10 now. It's not a 7 figure business, but I enjoy every single day. Also the flexibility it gives me is excellent.
That's an impressive number of years to stick with a product you questioned. Probably 2x longer than Google would have maintained it lol
(who says products by indie devs always have higher long-term support risk?!)
I'm really happy to hear it turned around for you. The 4 months of down time sound terrifying. Can you share more about how you navigated that, how it impacted customers, and what you were able to restore vs what you couldn't, and what processes you changed in the aftermath?
My business is transactional where email is still king for all after sales support. I guess that makes it way easier to handle than a SaaS one.
The biggest impact for the business was not making any sale during this period and my SEO rankings going down. Actually the site disappeared from search. I guess the biggest impact for me - personally - was psychological. All production data was gone and I was seeing it as a sign I should just let it go. I had all the source code, so in theory I could do it, but not sure I would have the motivation to.
Then in the end my thingy was hosted in a section that was salvaged from the fire. I saw it as a sign that actually I SHOULD keep going, lol. I don't remember exactly how long it was off but yeah, 4-6 months. Everything was restored though.
The only thing I did was to implement automatic backups and to a different datacenter. I remember from the incident, one issue for many was their servers were hosted in Strasbourg with backups also hosted there.
I've touched on this in my last comment, but my wife is by far my biggest motivator. It's tough life for us working solo, with our minds playing tricks on us all the time. It always sounds so much easier to go and work for someone else again or to just start a new side project from scratch. Not sure if there's any Alex Hormozi fan here, but one thing he's always repeating is to not give up, not start anything new over and over and just keep pushing that one project.
7 replies →
Can't help thinking that your business is somehow tied to your username. Now I'm intrigued! :)
It’s also entirely possible to make something that just gives you a little extra cash, which can be a huge difference. I imagine an extra $2,000 a month of fun, self-made income feels pretty incredible.
I see it in layers: I can have fun, I can learn something, I can make some extra cash, I can start something big.
"But without trying, you are guaranteed failure" >> But without trying you are limited to a relatively safe and certain affluent paycheck from your day job.
Well, you are at least guaranteed to not get this kind of success.
True but if you are building it for yourself then you will still have something useful in the end. Chances are that you also probably enjoyed or took satisfaction in the process of building it. Also, if it is truly a passion project and not just attempt to make money, it’s probably more interesting than most of the stuff shared.