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adii

520 karma · joined June 24, 2010

Founder @inpublicbeta. Founder / ex-CEO @WooThemes.
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adii··on On Delegation & Trusting Your Team
This exact same thing popped up in a discussion in the office today: exist team members were critiquing a potential new hire. Was so refreshing to get that input, instead of just having to rely on our (as founders) own judgement.
adii··on On Delegation & Trusting Your Team
Yeah, I like that mentality. I've always tried to rather communicate the end goal of a certain strategy or campaign to the team and let them decide how to go about getting us there.

For me part of that methodology is saying that I'm good at strategy stuff, but I'm not a developer and I thus need to trust in the skills that I have hired!

adii··on Show HN: Tumblr2WP, a migration tool for Tumblr to WordPress
Thanks for your initial work on this! :)
adii··on How To Know Your Side Project Is Ready To Be A Startup
Hehe, I'm only reading the article now. My comment was based on the other comments here.
adii··on How To Know Your Side Project Is Ready To Be A Startup
What about just having a passion, a vision and a way to potentially monetize that? Sometimes, as entrepreneurs, we need to go out on a limb.
adii··on So Long and Thanks for all the Bits
I actually found your blog via HN and have since too become a regular user of the network.
adii··on The Cost & Implications of Free(mium)
Wow, considering our very non-spammy business and revenue model, I'm surprised you find it this way.

Actually pretty funny, as we've never spent 1 minute or $1 actually SEO'ing our own website. I couldn't care less about supposed keywords.

adii··on Aboard Entrepreneurship - Business essays to inspire and do social good.
We have tried our best! :)
adii··on The Most Lucrative Business: Repeated Purchases
Spot-on! The original post was geared towards promoting this philosophy and adding weight to the suggestions with a bit of quick math. I guess there's a whole bunch of strategies one can adopt to tap into this sales channel though, which is why we left that for a separate post.
adii··on The Most Lucrative Business: Repeated Purchases
This may be a chance missed.

What we've seen though is that our subscription-based business is growing faster, which means that the 3-old product that gets updated makes the subscription plans more lucrative. So we're seeing a bunch of existing users upgrade to a subscription and new users prefer a subscription over an individual product.

adii··on The Most Lucrative Business: Repeated Purchases
:)

Expect a follow-up to this post detailing some ideas & potential strategies for adding continuous value to existing users.

adii··on The Most Lucrative Business: Repeated Purchases
Only about 40% of WooThemes' revenue is subscription-based, yet that hasn't stopped us from adding continuous value to once-off purchasers / customers either. IMHO it's not just subscription-based businesses that has the opportunity of "never stopping to add value".

Another note is that when we release an update to a product, all existing users of that products gets the new version free of charge. That's immense value. We're updating products that are 3+ years old without asking our existing users for one extra dollar.

adii··on Aboard Entrepreneurship - Business essays to inspire and do social good.
This is just personal opinion, but the kind of guys & girls that hang around on HN is pretty much perfectly the target audience for this project. I'm a regular reader of HN and not as much an active participant, but would love for the HN community to get behind this project!
adii··on Startup Owners / Founders: When do you hire?
Hehe, you can try. :)
adii··on Delete your list of startup ideas, they are holding you back
I actually had one of these years in 2010; whilst my main business - WooThemes - continued to grow very nicely, I just kept adding to my list of new ideas, without executing on a single one of them.

Change it is for 2011 then.

adii··on Poll: How long is your typical visit to HN?
Mostly just to scoure the first page (maybe the second) and grab some new content, which I then Instapaper for reading later.
adii··on Squarespace raises $38.5M from Index Ventures and Accel Partners
Hell yeah... I don't have the benefit of having offices this close to Squarespace, but after spending just one (awesome) lunch with Anthony & Dane I too can attest that they are super cool & extremely clever. :)
adii··on Ask HN: Enough profit to replace a day job?
I'd venture out to say that we just don't hear about the smaller web-based businesses that make good money, because they aren't making millions or have millions of users (mainstream tech media only covers businesses like these). Similarly, a big VC deal is a sure way to get noticed.

So yes - I truly believe that is possible to build small, sustainable web-based businesses selling a digital product or service of sorts. And if you're clever about running your idea as a business, then there's no reason why you shouldn't be able to quit your day job in favour of working for yourself.

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