Which milestones will my business hit this year
5
1kṀ471
Dec 31
81%
$100 total revenue
66%
$100 in a single month
50%
$1000 total revenue
41%
$1000 in a single month

I quit my job at the end of July and am spending (at least) the rest of the year trying to start a business. To avoid getting into financial trouble, I've set a goal of reaching $1000 / month of revenue by the end of the year. If I'm unable to reach that milestone, I will start looking for a regular job again.

The resolution to the various questions in the group rely somewhat on the honor system, however, I will share appropriately redacted screenshots from my Stripe account as evidence when I hit each goal.

I'm posting weekly updates on my progress here. That's where you can get the most detailed updates on what I'm working on, however I will also post any important updates in the comments.

Some general background about me and what skillset I have:

  • Software - robotics, web development, UI/UX stuff

  • Other engineering skills: basic mechanical design / fabrication, basic electronics stuff

  • Forecasting - Metaculus Pro Forecaster, 2x tournament winner, #3 on the platform in 2023

  • Writing - I blogged about forecasting and other stuff for about 6 months in 2023. One of my posts was mentioned in an ACX post. Stopped blogging once I got a job

  • More info at my personal website and linkedin

Any support, advice, ideas, etc. are welcome!

EDIT: I will only ever bet on YES in this market and will not sell any shares. If I have new revenue stats to update, I will post the updates for at least an hour before placing additional bets.

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CURRENT STATS

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I will try to keep these as up-to-date as possible

Total revenue: $48.46

Best month: $48.46 (Aug)

Current Month: $48.46

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You should reach out to businesses without websites, make their site for free and just charge for the hosting costs. Can make online transaction fees if they sell stuff through site as well.

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