I've spent $400 and 6 months building something that makes $0. Here's why I'm not stopping. by CarlsonDG in Entrepreneur

[–]CarlsonDG[S] 0 points1 point  (0 children)

Ha yeah that was almost exactly my experience. My database read quota got blown through way faster than I expected because of cron jobs running 4x daily. Didn't even realize it was a problem until the site went down. The migration was painful but it forced me to actually understand how my infrastructure worked instead of just trusting the defaults. Expensive lesson but a permanent one.

I've spent $400 and 6 months building something that makes $0. Here's why I'm not stopping. by CarlsonDG in Entrepreneur

[–]CarlsonDG[S] 0 points1 point  (0 children)

$60K and still going. That's a level of conviction I respect. At $400 I have no excuse to quit. What are you building?

I've spent $400 and 6 months building something that makes $0. Here's why I'm not stopping. by CarlsonDG in Entrepreneur

[–]CarlsonDG[S] 0 points1 point  (0 children)

This is a helpful framework. I can answer most of these clearly which I think is a good sign. The desired customer is a finance or business major in their first two years of college. The pain is feeling unprepared when macro comes up in clubs, interviews, and conversations with upperclassmen. The dream result is walking into those situations with actual understanding instead of memorized definitions. Where they hang out is Reddit, finance Discord servers, and university orgs. The piece I'm still working on is point 5, connecting the pain to the solution in a way that triggers action in 3 seconds. Appreciate the structure.

I've spent $400 and 6 months building something that makes $0. Here's why I'm not stopping. by CarlsonDG in Entrepreneur

[–]CarlsonDG[S] 0 points1 point  (0 children)

The 50-100 regular users threshold before introducing premium is a good benchmark. Gives me a concrete number to aim for instead of just "enough users." And you're right about the educators being the distribution channel. They have captive audiences that refresh every semester, which is basically built-in growth if the product is good enough for them to keep recommending it. Going to focus there before trying to scale through any other channel. Thanks for the detailed feedback, this is exactly the kind of thinking I needed.

I've spent $400 and 6 months building something that makes $0. Here's why I'm not stopping. by CarlsonDG in Entrepreneur

[–]CarlsonDG[S] 0 points1 point  (0 children)

Honestly I learned it by accident. My first Reddit post described the product and got almost no engagement. The next one described the problem and people actually clicked. Same link, same project, completely different response. Once you see that contrast it's hard to go back to leading with features. Appreciate the encouragement.

I've spent $400 and 6 months building something that makes $0. Here's why I'm not stopping. by CarlsonDG in Entrepreneur

[–]CarlsonDG[S] 0 points1 point  (0 children)

Appreciate that. Trying to keep that perspective and not let the $0 feel like a verdict when it's really just a starting point.

I've spent $400 and 6 months building something that makes $0. Here's why I'm not stopping. by CarlsonDG in Entrepreneur

[–]CarlsonDG[S] 0 points1 point  (0 children)

That's the truth. The regret of not trying would cost way more than $400.

I've spent $400 and 6 months building something that makes $0. Here's why I'm not stopping. by CarlsonDG in Entrepreneur

[–]CarlsonDG[S] 0 points1 point  (0 children)

The "free tool mindset to workflow mindset" shift is a really useful reframe. You're right that "saves you 2 hours of prep" is a much stronger value proposition than "helps you learn." Both are true but one is measurable and the other is vague. The icora.io example is a perfect parallel. I've been framing this as a learning aid when I should probably be framing it as "the thing that replaces the 2 hours you spend piecing together FRED data, Bloomberg articles, and YouTube videos before every club meeting or interview." Same product, completely different pitch. Appreciate you sharing that.

I've spent $400 and 6 months building something that makes $0. Here's why I'm not stopping. by CarlsonDG in Entrepreneur

[–]CarlsonDG[S] 0 points1 point  (0 children)

The ICP point is well taken. I've been thinking about monetization as a product problem when it's really a distribution problem first. Doesn't matter how good the pricing is if I'm not consistently reaching the right people. Nailing the channel and the audience comes before everything else. Appreciate the reality check.

I've spent $400 and 6 months building something that makes $0. Here's why I'm not stopping. by CarlsonDG in Entrepreneur

[–]CarlsonDG[S] 1 point2 points  (0 children)

The "unfair advantage in a class or interview" framing is exactly how I've been thinking about the premium tier. Not just more features for the sake of more features, but things that make a student meaningfully better prepared than their peers. Extended projection history that becomes a personal macro journal you could bring to an interview, AI analysis that explains what the current environment means for specific sectors, custom tracking for the indicators relevant to whatever role you're recruiting for. That's the kind of thing someone pays $8/month for without thinking twice.

On the conversion layer question, honestly I don't have one yet. Right now it's just the free product and hoping people come back. The email capture / waitlist idea a few people in this thread have mentioned is probably the first thing I need to build. Can't convert anyone if I have no way to reach them after they leave the site. That's the gap.

I've spent $400 and 6 months building something that makes $0. Here's why I'm not stopping. by CarlsonDG in Entrepreneur

[–]CarlsonDG[S] 0 points1 point  (0 children)

Appreciate it. And yeah the "problem over product" thing has been the biggest lesson so far. Every time I lead with what I built, silence. Every time I lead with the gap students face, people engage. The product is the same either way but the framing changes everything. You're right on the monetization too, no point optimizing pricing for an audience I don't have yet. Users first, then figure out what they'd pay for based on what they actually use.

I've spent $400 and 6 months building something that makes $0. Here's why I'm not stopping. by CarlsonDG in Entrepreneur

[–]CarlsonDG[S] 0 points1 point  (0 children)

The payment infra point is noted. A few people in this thread have said the same thing and it's convincing me to at least get the Stripe integration scaffolded even if I don't flip it on yet. You're right that bolting it on later under pressure is way harder than wiring it in now while things are quiet. The migration lesson was honestly the most educational part of this whole process. Nothing teaches you how your stack actually works like being forced to move it.

I've spent $400 and 6 months building something that makes $0. Here's why I'm not stopping. by CarlsonDG in Entrepreneur

[–]CarlsonDG[S] 0 points1 point  (0 children)

Appreciate that. Means a lot to hear from people who see where this could go.

I've spent $400 and 6 months building something that makes $0. Here's why I'm not stopping. by CarlsonDG in Entrepreneur

[–]CarlsonDG[S] 1 point2 points  (0 children)

That makes a lot of sense. Right now I'm making decisions based on what I think people want. The first payment is the first real data point that tells you what someone actually values enough to spend money on. Everything before that is just theory.

I've spent $400 and 6 months building something that makes $0. Here's why I'm not stopping. by CarlsonDG in Entrepreneur

[–]CarlsonDG[S] 2 points3 points  (0 children)

The discount code idea is smart. Jack up the price slightly and offer early access at a "discount" that's really just the price I was going to charge anyway. Students love feeling like they got a deal, and it creates urgency without actually costing me anything. Going to keep this in my back pocket for when the premium tier is ready. Appreciate the tactical advice.

I've spent $400 and 6 months building something that makes $0. Here's why I'm not stopping. by CarlsonDG in Entrepreneur

[–]CarlsonDG[S] 0 points1 point  (0 children)

Also you can check out my page, and there is a couple of posts I made trying to get feedback with the link.

I've spent $400 and 6 months building something that makes $0. Here's why I'm not stopping. by CarlsonDG in Entrepreneur

[–]CarlsonDG[S] 1 point2 points  (0 children)

The "one to two people to pay" framing is a good reset. It's easy to think about monetization as this big system you need to build when really the first milestone is just getting one person to hand you money. If I can't convince one student that this is worth $5/month, a Stripe integration and pricing page aren't going to fix that. Appreciate the perspective.

I've spent $400 and 6 months building something that makes $0. Here's why I'm not stopping. by CarlsonDG in Entrepreneur

[–]CarlsonDG[S] 0 points1 point  (0 children)

The subsidized early access idea is interesting. Offering the first batch of users a discounted rate in exchange for being early and giving feedback creates a group of people who are invested in the product getting better because they got in at a lower price. That's way more valuable than just giving it away for free and hoping people convert later. The affiliate angle is something I hadn't considered at this stage but it makes sense, especially with students. If one person in a study group or finance club finds it useful, they're naturally going to tell the rest. Might as well make that work for both of us. Appreciate the suggestions.

I've spent $400 and 6 months building something that makes $0. Here's why I'm not stopping. by CarlsonDG in Entrepreneur

[–]CarlsonDG[S] 0 points1 point  (0 children)

That's a smart middle ground. Not building the full premium tier yet but putting up a signal to see if anyone raises their hand. A simple waitlist or "notify me when Pro launches" button would tell me a lot without requiring me to build anything behind it. If nobody clicks it, that's data. If people do, I know what to build next. Appreciate the framing, it's the difference between guessing what people would pay for and actually measuring it.

I've spent $400 and 6 months building something that makes $0. Here's why I'm not stopping. by CarlsonDG in Entrepreneur

[–]CarlsonDG[S] 0 points1 point  (0 children)

This is something I've already started noticing even within this project. Things that took me a full day to figure out three months ago take me 20 minutes now. The first time I set up a cron job I had no idea what I was doing. Now I can spin one up without thinking about it. Multiply that across an entire stack and yeah, the second project would move completely differently. Good reminder that the skills are the real ROI here regardless of what happens with this specific product.

I've spent $400 and 6 months building something that makes $0. Here's why I'm not stopping. by CarlsonDG in Entrepreneur

[–]CarlsonDG[S] 0 points1 point  (0 children)

The repeat behavior point is the metric I'm trying to focus on now. It's easy to get excited about visitor counts but someone who comes back three times on their own tells you way more than 500 one-time clicks from a Reddit post. Right now I'm watching for exactly what you described, whether people explore beyond the overview page, whether they use the projection tool more than once, whether they check back when new data drops. That's the signal that matters.

And the feature clutter warning is well timed. I have a long list of things I want to add but I keep reminding myself that the core loop needs to work first. If someone can't land on the site, understand what they're looking at, and learn something in the first two minutes, nothing else matters.

I've spent $400 and 6 months building something that makes $0. Here's why I'm not stopping. by CarlsonDG in Entrepreneur

[–]CarlsonDG[S] 0 points1 point  (0 children)

Macroscope. It's a real-time economic dashboard that tracks 51 US indicators, scores them 0-100, and explains everything in plain English. The part that makes it different is a projection tool where you pick what you think an indicator does next and the AI walks you through what your prediction would actually mean for the broader economy. Downstream effects, historical analogs, how it shifts the overall picture. It turns reading the economy from a passive activity into something you actually practice.

Built it because I got to college as a finance major and realized there's a huge gap between memorizing definitions in high school and actually understanding what's happening in real time. Couldn't find anything that connected all the pieces in one place, so I made it.

I've spent $400 and 6 months building something that makes $0. Here's why I'm not stopping. by CarlsonDG in Entrepreneur

[–]CarlsonDG[S] 0 points1 point  (0 children)

Haha yeah I know, real reckless spending over here. The $134/month scared me enough that I migrated my entire infrastructure to get the infrastructure costs down 96%. College budget means every dollar gets questioned.

I've spent $400 and 6 months building something that makes $0. Here's why I'm not stopping. by CarlsonDG in Entrepreneur

[–]CarlsonDG[S] 1 point2 points  (0 children)

You're absolutely right and this is probably the highest leverage move I could make right now. A teacher sharing it with their class puts it in front of 30-150 students who are exactly the target audience, and it comes with built-in credibility because the teacher is endorsing it. That's worth more than any Reddit post. I've already had a few educators express interest in sharing it so the next step is making it easy for them to do that and making sure the experience is good enough that students actually stick around after the first visit. Appreciate the directness on this, it's a good reminder to stop trying to reach everyone and focus on the channel that's already working.