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Jul 05, 2019 16:12:19

Re: How do I make a million dollars? (3)

by @abrahamKim PATRON | 483 words | 38🔥 | 334💌

Sir Abe

Current day streak: 38🔥
Total posts: 334💌
Total words: 121682 (486 pages 📄)

Get 50 people to pay $1,666/month for 12 months.
Get 100 people to pay $833/month for 12 months.
Get 200 people to pay $416/month for 12 months.
Get 500 people to pay $166/month for 12 months.
Get 1000 people to pay $83/month for 12 months.
Get 5000 people to pay $16/month for 12 months.
Get 10,000 people to pay $8.33/month for 12 months.
Get 100,000 people to pay $0.83/month for 12 months


I'm replying to this as a consumer in the market. I wanted to respond by letting both you and @seun know for research purposes what I as a consumer would be willing to pay for each track.


.83 cents a month -- I don't know if I'd ever sign up for a subscription with this low of a fee. Although, I wouldn't be opposed to it. I've just never been in the situation to be offered an 83 cent a month subscription. So let me come up with a hypothetical thing I'd be more than happy to subscribe to at 83 cents a month that would also be profitable to the seller.... not sure... can't think of anything. 

8.33 / month -- A lot of things I'd be willing to subscribe to at this rate. Here are some things I already subscribe to at that rate -- Sass products that make my life easier... sass products that I'm exploring for my work webdev work flow. Spotify premium subscription is around this rate. I was also subscribed to an excellent tech/corporate strategy blog at this rate. So I'd say I'm happy to subscribe to access to quality media, whether that's an aggregator like Spotify or a one-person maker such as the blog (stratechery in case you are curious)

16 / month -- already paying for : access to career-specific educational content. would pay for : A seamless email archiver service that allows me to use my existing email client, but organizes my emails in a project/management style way.. so it feels like I'm using project management software... but I am just using email.


83 / month -- already paying for : It's not a subscription... but I buy it so regularly. Soda-water and bottled water | Internet. Would pay for :  Seamless backupsoftware that i don't have to configure after the first time that backs up my local subdirectories to a vps i own. 


166 / month -- already paying for : Coworkingspace membership | Health insurance is somewhere between this and the next track so i'll stick that here. would pay for : local network connecting me to other people interested in things I'm interested in and does all the organization for me and simply invites me to events.

416 / month -- already paying for : Nothing. Would pay for: Not sure. This is kind of a deadzone for me.


833 / month -- already paying for : Rent ( not me but my gf -- thank you haha ). Would pay for: Food subscription that covers at least 80% of all meals for me and gf.


1666 / month -- already paying for: nothing. Would pay for: personal chef that covers all meals.


Wondering if I could get both your versions of this.


  • 💎 4

Replies

Comments

  • 1

    @abrahamKim nice good ideas here! Bookmarked for future reference. Thanks for sharing. Made me think about what else other than a SaaS app I could do, even though that's what I want to create mostly

    Jason Leow avatar Jason Leow | Jul 06, 2019 20:33:25
    • 1

      @jasonleow i think all the no sass things often require a sass component as facilitqtor thoughlol

      Sir Abe avatar Sir Abe | Jul 06, 2019 15:52:23
    • 1

      @abrahamKim hmm yeah possible too...

      Jason Leow avatar Jason Leow | Jul 07, 2019 20:28:57
  • 1

    @abrahamKim - This is a great consumer perspective Sir Abe. It is also a good way for you think about any business ideas you would want to come up with.

    Keni avatar Keni | Jul 05, 2019 10:37:42
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      @keni i think bases on my research id want to sell a million dollars. Everyone seems to want that haha

      Sir Abe avatar Sir Abe | Jul 06, 2019 13:19:53
    • 1

      @abrahamKim @keni Well, except me. I'm cool starting at $10K or $20k.

      So, if you don't mind Sir Abe, please i'd appreciate the same also for

      $10K or $20K

      $10,000 from a SaaS app, I only need to;

      Get 50 people to pay $16.67/month for 12 months

      Get 100 people to pay $8.33/month for 12 months

      Get 200 people to pay $4.17/month for 12 months

      Get 500 people to pay $1.67/month for 12 months

      Get 1000 people to pay $0.83/month for 12 months

      Get 5000 people to pay $0.17/month for 12 months

      Get 10,000 people to pay $0.08/month for 12 months

      Get 100,000 people to pay $0.01/month for 12 months

      $20,000 in 12 months

      Get 50 people to pay $33.33/month for 12 months

      Get 100 people to pay $16.67/month for 12 months

      Get 200 people to pay $8.33/month for 12 months

      Get 500 people to pay $3.33/month for 12 months

      Get 1000 people to pay $1.67/month for 12 months

      Get 5000 people to pay $0.33/month for 12 months

      Get 10,000 people to pay $0.17/month for 12 months

      Get 100,000 people to pay $0.02/month for 12 months

      Thank you ;)

      Seun Oyebode avatar Seun Oyebode | Jul 07, 2019 21:29:17
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      @keni @seunoyebode

      lol Seun but you already have a lot of my data! You can extrapoloate into those values that you've listed above!

      But What I'm more looking forward to is you sending me a link and seeing if I end up paying for it. real life survey.. although less data... but more reliable and valid.

      Btw... 100 k is seeen as a milestone in the US.. what is the Nigerian income milestones?

      Sir Abe avatar Sir Abe | Jul 08, 2019 15:07:16
    • 1

      @abrahamKim @keni alright.

      No income milestone as such, but I'd say 250k naira per month is a fairly safe place. But don't stay there because we are on double digit inflation.

      Seun Oyebode avatar Seun Oyebode | Jul 08, 2019 15:36:27
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      @keni @seunoyebode

      holy smokes.

      do employers provide double digit raises?

      Sir Abe avatar Sir Abe | Jul 08, 2019 16:45:13
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      @abrahamKim @keni

      Maybe multinationals.

      Otherwise, it's rare.

      We all trying to stay alive including business owners.

      Seun Oyebode avatar Seun Oyebode | Jul 08, 2019 17:05:58
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      @keni @seunoyebode

      damn, man.

      any chance you'll be writing about that kind of stuff? That interests me a lot

      Sir Abe avatar Sir Abe | Jul 09, 2019 15:58:37
    • 1

      @abrahamKim - I don't have much experience there. We shall get popcorn and wait on Seun for this.

      Keni avatar Keni | Jul 09, 2019 10:22:37
    • 1

      @abrahamKim @keni

      Oh, I'm not sure.

      I love my country, I just like staying off depressing stuffs.

      Seun Oyebode avatar Seun Oyebode | Jul 09, 2019 16:11:13
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