1. Application 2. Price 3. Profit
April 21st, 2008 | Published in Uncategorized
Ciarnan Lee sent me over a clip of a presentation by David Hanmeir Hanson. David (or DHH as the cool kids call him) has a wonderful approach to making business online. Revolutionary.
- Make a cool application
- Come up with a price for it
- Profit
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David keeps it real and explains how all you really need is the first million to keep yourself happy. Interestingly – he also professes to just 2 hours of productivity each day. For someone who generates about $450k a month from one of his products alone – that is amazing productivity. It also highlights something of an elephant in the room. Concentrating that hard for 8 hours a day is neigh on impossible. You can do it for a bit – but keeping on track is really difficult. His solution? Don’t try. Focus on results and budget your time. Don’t try to fill 8 hours. Just work for 2 and head home for the rest.