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I gave up a day job to make a living from online income

44 points| kreci | 16 years ago |kreci.net | reply

41 comments

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[+] nreece|16 years ago|reply

  Moreover I have some plans to release some software.
  But I will not tell you more about my ideas for it now
  as someone might do it before me… :-)
That's a big big myth. Ideas are dime a dozen. What matters is execution. Hasn't this been advocated enough already?!
[+] ErrantX|16 years ago|reply
I think it's a much advocated and also much (especially here) misunderstood idea.

It doesn't mean that ideas are valueless - just that their inherent value depends on lots of factors (such as your ability/likelihood to execute it).

Releasing one of your ideas does devalue it (because there are now more people with the idea in mind who may execute it before you).

Or in other words: the execution builds the value of the idea. Spreading the idea may devalue any ultimate execution.

[+] JacobAldridge|16 years ago|reply
There's a difference between 'knowing it doesn't really matter' and 'actually doing it'. I'll tout the 'execution is all that matters' story all day every day, but damned if I'm going to share my ideas without a (commercial or community) reason to do so.
[+] forinti|16 years ago|reply
What matters is clients!

First you find clients, then you worry about execution and ideas.

[+] mos1|16 years ago|reply
I believe it, but if I'm executing on something, I don't share the idea until it's strategically useful to do so.
[+] rogermugs|16 years ago|reply
i share ideas all the time but people wont make the things i suggest... maybe my ideas suck... but i wish more people would steal them so i could use them.
[+] dkersten|16 years ago|reply
I'm in a similar position, except I have a few weeks of full-time employment left. Then I leave to pursue some contract work and the rest of my time will be spent working on my startup (a domain specific spreadsheet, more or less).

Anyway, good luck!

[+] 3dFlatLander|16 years ago|reply
I've got reservations about articles and websites that have to do with "making money online", and it's no wonder why. His last day at work is at the end of the month, and he hopes to make a living by work flipping websites, and selling stock photography + software. Why does this have so many upvotes?
[+] GFischer|16 years ago|reply
In my case, I'm interested because I hope to someday (hopefully soon) follow their path - not exactly the same, but knowing how other people monetize their expertise gives me idea on how to do the same with mine!.

So I hope to learn a bit from each example.

[+] nfnaaron|16 years ago|reply
I upvoted because the post intrigues me, and I want to give the post a chance to be seen and discussed before it slides off the bottom of the front page.
[+] kreci|16 years ago|reply
I wonder the same. Why I get so many upvotes. But it is great! Thank you all for it and of course I still ask for more :)
[+] maxklein|16 years ago|reply
Best of luck to you, and if there is anything that I can do to help, always happy to help out a fellow person making money from the internets.
[+] kreci|16 years ago|reply
Thanks and thank you for the follow :) I have followed you as well.
[+] chedigitz|16 years ago|reply
Good luck! I congratulate you in taking the first steps. I did back in July of 09, and haven't looked back since. Tighten your seatbelt and enjoy the ride, cause its a roller coster! Perseverance, determination, and a sense of purpouse will allow you to overcome the tough times.
[+] kreci|16 years ago|reply
Thanks for your wishes chedigitz! Like for now I am very surprised how popular this post gets. Definitely it is roller coster (with traffic to my blog like for now). Hope to have you onboard when I will describe my experiences :)
[+] yannis|16 years ago|reply
Soon I will write my first monthly report number 0

I liked the report 0 part, in true hackish tradition. Wish you luck! Just remember business is like a bicycle, you need to keep pedaling to keep going.

[+] kreci|16 years ago|reply
Thanks. I will write a report 0 in the weekend so it would be ready on monday. First day of my "company". Then you will know more exactly what am I standing on... There is more than my "hope" as some people have commented :)
[+] rama_vadakattu|16 years ago|reply
And if you are building some software try to partner with another guy whose has similar interests as that of you.

Don't do it alone it is bit hard.

[+] coryl|16 years ago|reply
It depends on what his goals are. I'm not sure hes trying to start up his own company, but maybe just wants a big enough business to support himself.
[+] davidw|16 years ago|reply
So... are you currently making money from those activities? Or just hoping to? Any advice for the rest of us?
[+] kreci|16 years ago|reply
It is already profitable for me. But it was hard to work on it when I was in full time day job as I had not much time. Now I want to scale it to get a solid profit. My only problem till now was lack of time.
[+] Roridge|16 years ago|reply
Good luck... you are brave. I didn't realise web site flipping was still big business.
[+] greyman|16 years ago|reply
Maybe in Poland(?)
[+] kreci|16 years ago|reply
rama_vadakattu: I am at the beginning of my career as a software releaser - currently I am better at website flipping and stock photography. But I believe I will partner when my project would be bigger :)
[+] kreci|16 years ago|reply
nreece: I am already working on it and it is very close to be released :-) Roridge: Thanks for your support pal!