476 karma · joined December 15, 2013
http://TapRun.com/contact/
Noteworthy items include:
a free email course on pricing [1]
a 30 page teardown of Safari's pricing page [2]
a list of common revenue models [3]
a compendium of some common mistakes that I've seen business make [4]
[1] https://taprun.com/mailing/
[2] https://taprun.com/examples/safari/
Bonus: Since it was available, it only cost 99 cents for the first year (with coupon).
You have minimal benefit for not encrypting all data anyway (more technical complexity and liability). Plus, there isn't a court anywhere that will get upset at you for selling a tier that's better / more featured than advertised.
Building a faster database? You're going to get clobbered.
Building a better system for managing small postage stamp collections? You're probably safe.
You might want the units you charge by the word summarized. A possible issue might be highly technical texts that require specialized knowledge. You could charge more for those.
Your business model is basically what I call 1:1 - One person pays for a summary and you perform one summary.
It might be more profitable to do a N:1 - A bunch of people pay for the same summary and you perform one summary.
This is how SparkNotes and CliffNotes work. Imagine selling "The top ten daily Hacker News posts/comment threads summarized daily."
Even better would be to offer summaries of things many people want that are relevant for longer periods of time (so you can sell to more people). A site that summarizes famous speeches would be one such example.
Tie this to a small online presence where you offer to print items for others (especially with sites focusing on youth education), and then you can describe yourself as a "Young scientist turned entrepreneur."
Take the articles/blog mentions about you received and get some funding from non-profits / local governments / big businesses that want to be associated with youth and entrepreneurship. Use that money to continue to work on your device and business.
Even if you don't wind up with anything revolutionary, you'll be able to write one heck of a college admissions essay, look great for future job prospects and have a pretty good business network. You could also take my advice, bundle it up into an ebook with your personal experiences and sell that too.
Actual pre-payments will be worth more than vague promises to pay in the future. Being able to demonstrate real and specific value to potential users will be helpful in collecting dollars up front.
Depending upon the nature of your product, creating a manual method to achieve the same results might save you a ton of development time while you understand customer demand.
1) It makes me a 2nd level connection to lots of people I probably do care about. 2) It ups my visible number of connections and makes me look important. People see 500+ connections and assume I'm someone important.
Write some software to make them easily found that can't be taken over by spammers and fakers.
It's a hard problem, but if you can solve it you will be a hero to many.
Google's results are increasingly full of low quality spam sites, so the switch really wasn't painful at all.
I haven't left GMail yet, but I started using my own domain mail many years ago. As such, that switch will be fantastically simple when I get around to it.
There are plenty of examples where one company has a strongly dominant share. Diamonds are an obvious example, search engines are another.
If I needed $40K per year to maintain my lifestyle and I invented a cure for cancer, would I only charge $40k?
Similarly, if I needed $100 per hour to maintain my style of living, should I demand $100 to someone who wants to hire me as a doorman? He'd never pay that much.