The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Join free.

Join over 90,000 entrepreneurs who have rejected the paradigm of mediocrity and said "NO!" to underpaid jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence.

Join FREE
Download Books
No Ads? Join Insiders
Free registration at the forum removes this block.

Recent content by MichaelKove

  1. MichaelKove

    Need Help Choosing My Niche

    MARKETING 
    I am a software developer (freelancer) and a lot of what you've said here, rings familiar as I've been doing this for almost two decades. I've built so many SaaS for many clients (big and small). Few went on to generating over $100k MRR. Very few, tho. But I've lost count of those that...
  2. MichaelKove

    Greetings from Poland

    INTRO 
    Cheers from Szczecin! Also 40, 3 kids, 1 wife, 2 cats! Also in software dev space (freelancing).
  3. MichaelKove

    Has anyone launched a paid community? or cohort?

    QUESTION 
    Funny how it can be difficult to notice it from inside until someone points it out. I would sit down and make a list of different business ideas (with my skillset) and play devil's advocate with them... "this wont work because,....", "this is probably bad idea... ", "this wont scale,..." "this...
  4. MichaelKove

    Has anyone launched a paid community? or cohort?

    QUESTION 
    Good question. It was, because, I didn't have enough leads in pipeline, so I switched to longer contracts (it obviously takes months to build a full scale CRM, compared to productized website). I was young(er) and didn't want to "chase" clients. Retrospectively, with skills I have now, I can...
  5. MichaelKove

    Has anyone launched a paid community? or cohort?

    QUESTION 
    I am interesting to hear more about this.. It's a course that they take, what do they pay monthly for? Newsletter? Or is this an ongoing course you add a lesson every month? What's the business model here? I've specialized in building bespoke backend systems for various types of clients. Hard...
  6. MichaelKove

    Has anyone launched a paid community? or cohort?

    QUESTION 
    Indeed. I am moving the courses from Gumroad to Community. So if they buy a course, they automatically become a free member of the community with access to course. Good point on ads. I didn't want to be just selling courses, I felt like customers are "hanging" without support. Hence...
  7. MichaelKove

    Has anyone launched a paid community? or cohort?

    QUESTION 
    This was my original plan (what I can commit time and money for). I am very realistic about what I CAN and CANNOT do. While I have some cash to throw at advertising, I wanted to test the concept first with small audience I already have on twitter (~3600 followers, most are devs, freelancers...
  8. MichaelKove

    Has anyone launched a paid community? or cohort?

    QUESTION 
    Thank you, MJ. Having a big following would help. I am actively building my Twitter following. As you said playbook is the same, build an audience => monetize with value. I am exploring option to deplatform that audience, and community is one of many ways. I am also building a list.
  9. MichaelKove

    Has anyone launched a paid community? or cohort?

    QUESTION 
    Thank you for your reply! A lot of good perspective! I am still having hard time wrapping my head around this. I've bought a lot of courses. Completed 90% of them... I thought this was typical until I started researching and watching my own audience. I sold to ~80 people a $30 dollar course...
  10. MichaelKove

    Has anyone launched a paid community? or cohort?

    QUESTION 
    I always assumed that teaching what you know is the next logical step after doing it for a while. Hence courses/community idea came around. Platform provides an easier start, but eventually, I'd move it over to my own platform (i.e. WP, or custom built). It wasn't the platform nor specific...
  11. MichaelKove

    Has anyone launched a paid community? or cohort?

    QUESTION 
    I've freelanced for too long and I feel like I need to move to the next chapter. I don't think it's bad idea for others, plenty of money to be made. the soul searching I need is probably to allow beginners pick this path, because, to them it's best choice (Where I was 20 years ago). haha...
  12. MichaelKove

    Has anyone launched a paid community? or cohort?

    QUESTION 
    I've been a tech freelancer for 18+ years... and I feel like I should capitalize on my experience and knowledge (as I am so tired of doing the client work!) Originally, I thought about creating a few courses to teach freelancers how to get clients (specifically developers). But the more I...
  13. MichaelKove

    Help needed regarding future career decision

    INTRO 
    You can achieve your dream through entrepreneurial pursuit. As a funded startup. You might need to do some slowlane work to gain experience, but mostly networking to eventually found your own physics R&D company. Given your ambitions you'll need investors, which I believe is going to be hard...
  14. MichaelKove

    Needing advice before discuss software ownership

    SCALING SAAS / APPS QUESTION 
    It makes sense what you're saying. You created yourself a permanent job at this company. I am going to throw out some uncomfortable things at you and you take them where you take them: 1. Businesses understand such risks and account for this - the "Bus factor" was top of the things investors...
  15. MichaelKove

    AI writes garbage

    IDEA MARKETING SCALING 
    AI writes garbage, but masses like the garbage. People don't want to read elaborate writing. Sadly they want cliffnotes of things.. like summaries, ELI5 ...and AI happens to excel at that. It's the "processed food" fo the Internet. Garbage In => Garbage Out. Most people. Then there are...
See more
Top