12 Rules For Building Your First Profitable Startup



" -Have a “no-touch sales process ”

In my case this resulted in a "no sale". I asked a couple questions that did not warrant a reply or fit the above business model I guess. Appreciated the effort with the trial and I exhausted the online info for SerpIQ. However I fell out of the sales funnel when I couldn't get 90 seconds of info that wasn't clear to me. Went to another vendor and have been happy so far. However it does not totally replace what I believe SerpIQ can do. Hope to re-check your product in the future as time allows.
 
the wonders of keeping your blog on 5 year old hosting accounts is that when you exceed the bandwidth limit you can't even login to whm to increase it so I had to open a support ticket for the time being. Fail on my part, sorry guys. Next time I'll use less shitty stock photos to keep bandwidth usage low :)
 
" -Have a “no-touch sales process ”

In my case this resulted in a "no sale". I asked a couple questions that did not warrant a reply or fit the above business model I guess. Appreciated the effort with the trial and I exhausted the online info for SerpIQ. However I fell out of the sales funnel when I couldn't get 90 seconds of info that wasn't clear to me. Went to another vendor and have been happy so far. However it does not totally replace what I believe SerpIQ can do. Hope to re-check your product in the future as time allows.

sad face on my part, hit me up and I'll see what I can do to make the experience better for you
 
the wonders of keeping your blog on 5 year old hosting accounts is that when you exceed the bandwidth limit you can't even login to whm to increase it so I had to open a support ticket for the time being. Fail on my part, sorry guys. Next time I'll use less shitty stock photos to keep bandwidth usage low :)

Curious, is it hosted with Jaguarpc.com?
 
alright, dns is still propagating it seems but I have the blog moved to a linode now and am just finishing up getting things all setup. Should be done by tonight.
 
12 Rules For Building Your First Profitable Startup

Had a lot of fun writing this. Obviously, this is targeted at people interested in building internet startups and not really anyone doing advertising or aff stuff. Hopefully still helpful to some of you though.

Here's a bulleted tl;dr list of just the main rules:

-Sell something
-Build a product your customer can directly or indirectly use to make money
-Build a “must have” product, not a disposable “nice-to-have” product
-Replace part of your customer’s workflow with a better solution
-Have a “no-touch sales process”
-Build something that can scale independently of your staff
-Avoid products that rely on a community to exist and grow
-Build a specialized version of an ordinary product targeted at a niche you’re acquainted with
-Don’t avoid competitors
-Never compete solely on price
-Build something that you know can exist for at least 2 years
-Don’t plan for exits or VC money

Feedback appreciated always of course. Also, I won't turn down upboats:

Building Your First Profitable Startup | Hacker News
12 Rules For Building Your First Profitable Startup : startups
12 Rules For Building Your First Profitable Startup - Inbound.org

(I also chose the MSN thread icon because I feel like it doesn't get enough love here)

Dchuk - Congrats on your success, as always.

I'm curious as to what kind of traffic your blog gets on posts like these. Is it worth the time?

I kind of want to get back into blogging about what I've learned in the game... I don't think I'll get a direct ROI out of it (like maybe you will), but is there enough traffic on this stuff to really make writing worthwhile?

I enjoy writing, but to write a thoughtful post like this takes hours upon hours.

Anyway, you kick ass.


Edit: PS - And how many times has Linode saved our asses!!! That said, I'm moving more stuff to managed with KnownHost. Wasted too much time doing SysAdmin stuff the past year.
 
Dchuk - Congrats on your success, as always.

I'm curious as to what kind of traffic your blog gets on posts like these. Is it worth the time?

I kind of want to get back into blogging about what I've learned in the game... I don't think I'll get a direct ROI out of it (like maybe you will), but is there enough traffic on this stuff to really make writing worthwhile?

I enjoy writing, but to write a thoughtful post like this takes hours upon hours.

Anyway, you kick ass.


Edit: PS - And how many times has Linode saved our asses!!! That said, I'm moving more stuff to managed with KnownHost. Wasted too much time doing SysAdmin stuff the past year.

That post got about 10k uniques on Friday, the day it was published. Blog was down for a day and a half after that, but still getting traffic today:

nta1-8xi6jra.png


Financially these blog posts aren't really worth it at all, but it's nice to get the exposure and feedback from people reading it. This post was my most popular by leaps and bounds, lots of kind words from it which is a nice boost.

and PS: fuck yeah man, Linode is so pimp. Hope you're doin well.