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Fixed Downside, High Upside Thinking

Today I'd like to introduce you to Venkat Rao. He writes Ribbonfarm, and he's mastered the difficult challenge of writing smart, novel, entertaining, eloquent, controversial, and accessible content - at the same time. Most people can't do this.

Venkat wrote an excellent reply on Quora to the question, "Is it hard to build, market and maintain a web app that makes at least $1000 a month?" Quora's TOS actually allows you to republish things in full with attribution (and some other requirements), and I thought this would be an excellent introduction to Venkat for you.

This whole reply is brilliant. He's got the orders of magnitude on money, time, and requirements basically dead-on. Extraordinarily impressive read here -

"Is it hard to build, market and maintain a web app that makes at least $1000 a month?"

This is a very interesting question, and the responses are very revealing. It is instantly clear who knows what they are talking about.

Project Cape Town

On Greyscale Colors

If you could live in major world capital for one month, what would you do?

About two months ago, I was in Spain (read my previous blog post) giving graffiti workshops to Belgian teenagers. This sparked an idea in my head. If somebody is paying me right now to be in another part of the world to do what I do best. Then I can replicate that and move all around the world while people pay me for it. Genius!

Here's the plan. I pick a destination that I would love to explore. By exploring I mean, living in that area for a period of three to four weeks so I know all the ins and outs. Once I picked my mark it's time for research. I google for potential clients, lay down a database of contact information and contact them. This technique is called shotgunning, I approach a huge amount of people, hoping that a few fish will bite. Once I've gathered a few customers I can start calculating and measuring my budget. If I reach a certain amount of revenue, I'm able to buy the plain tickets,book a room somewhere and off I go!

My favorite big city at the moment is Stockholm. But since it is fall right now and I'm planning to leave in a few months, Stockholm'll be freezing cold! So I pick a more sunny destination. Within seconds, Cape Town pops into my head. It's almost one of the most distant destinations I could pick! I hear my head thinking . 'Dream big, or stay home.' So I start working on it.

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