Luke_Grecki comments on Optimal Employment Open Thread - Less Wrong

13 [deleted] 14 February 2011 10:49PM

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Comment author: [deleted] 15 February 2011 10:52:22PM *  2 points [-]

I'm optimizing for free time and mobility. Using this expense calculator I found that my monthly budget runs between $1065 and $1845. Some options I'm considering:

  • Start ecommerce reseller stores and get better at SEO and marketing than competitors.
  • Start a physical retail store. Michael Vassar thinks this is a great option in the Bay area.
  • Create and sell informational e-books.
  • Run a blog or informational website with advertising.
  • Buy domain names. Sell them later and/or earn money via automated parking advertising.
  • Make money with ads on YouTube videos.

Has anyone tried any of these? Can you offer advice if you have?

Comment author: bisserlis 16 February 2011 09:25:16PM 0 points [-]
  • Start a physical retail store. Michael Vassar thinks this is a great option in the Bay area.

Living in the Bay Area now, I was also mightily intrigued by that comment. I've taken some entrepreneurship courses and have some experience running organizations of relatable (I imagine) complexity, but no real idea where to begin, nor the resources to start a venture on my own. I'd love to talk more about this and possibly decide on a plan to do some intensive research though.

As an aside, if you're optimizing for free time and mobility I'm not sure starting any sort of business is the right way to go about that.

Comment author: CharlesR 15 February 2011 11:32:10PM *  0 points [-]

I know the owner of babynames.com. She said it took 15 years before she made enough to support herself on income from the site. I have no idea what her budget runs.

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