Success Story: Launching my simple twitter idea early actually paid off
Perhaps you recognize this pattern. You come up with an idea, do a whole bunch of work getting it up and running and then get distracted by another idea and never actually release the first one. That is something I do all the time. I'm always waiting for the last 20% to be finished or polished up.
However, I was out drinking with some old geek friends in Vancouver the other night and they inspired me to just launch one of my website ideas, regardless of how finished it was.
So I did: http://www.tweetfolk.com
24 hours later, I've hit nearly $1000 in my paypal account balance thanks to just a few tweets being sent out by friends. I now have a bit of cash and can use it towards improving the site and doing that last 20% (ok, 40-50% in this case).
I'd love to hear thoughts from the HN community about this and other simple but crazy ideas or experiences with launching early.
Edit:
Remove a line about how much I love the internet as per some HN advice.
26 comments
[ 7.3 ms ] story [ 120 ms ] threadSorry if I don't understand, and I don't mean to sound condescending - but apparently I pay you $15 for: <a href="<%= twitter_url('myName')%>"> <img src="<%=twitter_img('myName')%>"> </a>
or am I missing something?
http://www.milliondollarhomepage.com/
You're not missing anything. As jolan said, it's basically the twitter version of "The Million Dollar Homepage"... minus the million dollars. :p
I'm also not saying this is a good idea or that I would like everyone to start putting things like this live.
The whole point of this post (which I suppose I understated) is that I generally have ideas that are much more interesting and complex, but their complexity causes even more doubt and I never launch.
In this case, I stopped over-thinking it and launched a very simple idea with a layout and model that I wasn't very happy with. For this, I was rewarded by getting money in my account right away and now I am watching the trends of actual paying customer and can tweak the site to meet their needs.
I know that we've all heard "Launch Early, Launch Often" and "If you're not embarrassed by your first version you're waiting too long" but it took me pushing out a really simple idea to actually get a feel for it.
The hope is that I learn my lesson and launch my real ideas faster.
Rest of Hacker News:
Do any of you have similar stories or some insight that you'd like to share?
A small success like this can inspire you and build confidence. That's added value in itself. The site you launched is silly nonsense though :-)
I didn't post this to drive traffic to the site, although I am aware that it would be a side effect. The only reason I included the URL is so that the first comments wouldn't all be "what was the site?"
Lame and Derivative: As I mentioned in my previous comment, I don't think it's an amazing idea... it's just an idea. As for derivative, isn't innovation the art of taking old things and reworking them into something new?
Overall I find it interesting that people are willing to throw their money away at something so completely useless.
1) Figuring out the right price to charge for the squares is something that probably would benefit from some more thought.
2) There buying process is pretty rough and there is very little text to reassure the customer as they are going through the checkout process.
3) The incentive structure is very rudimentary. People have to get it in order for them to see the value, and that takes a bit of imagination. The initial sweep of squares seem to be purchased from either the "it would be neat if this takes off" or the "i have some extra money in my paypal account" people. I could spend a lot more time working out this part of the site.
4) The design is, heh, rough.
As for the technology, I'm happy to go into it in more details but I'll summarize here for brevity:
Total Cost: $046 * $15 = $690
Where'd the other $250 come from?
So, the math worked out something like this:
(15 * 10 + 2 * 50) + (26 * 15 + 3 * 100)
The "Awesome. I love the Internet" line didn't help to change my mind either.
Personally, I think the idea is relatively juvenile but I never intended for the headline to sound spammy. I'm just excited.
As for the "Awesome. I love the internet" portion, I'm not sure I can change that one. I do love the internet. I can't think of any industries where something like this is possible... well, no other legal ones.
I ran a large (1+ million member) community website back in 1999 - 2000 and realize that every community has their style and voice. I'm sure given more time on HackerNews I'll learn to speak with the one that's appropriate for the audience.
Ignore any negative feedback (unless constructive), haters will hate ;)
The way the MDHP got press attention was with a press release, would be worth having a look at for you I think. What bothered me about the MDHP was I felt it was a fraud, he posted about having massive university debts, then as soon as he made the million he quit uni and moved to a big city to invest the money. Which makes me feel it was a bit fraudulent.
Gratz!
A friend of mine actually bought some pixels off of the MDHP back in the day. Apparently the guy who started it even sold all of the customer details to outside advertisers for money. My friend received a bunch of spam to the email address he had used. Bad pool.
Personally, I like that simple ideas like this can be the seed funding for future projects. Not just in currency, but also in education.