Tiny Acquisitions

Re:Tiny Acquisitions by propter_hoc on Thursday June 24, 2021 @07:25PM (#27625232)

A friend of mine is doing this as his day job through MicroAcquire. He's bought a few businesses so far and is writing a blog about his experience: https://microangel.so/

So far, it looks like he's having fun but putting in a lot of work. He seems to be doing a lot of little code updates and fixes when apis change or other little things break.

[ Parent | on HN ]

Re:Tiny Acquisitions by hinkley on Thursday June 24, 2021 @09:40PM (#27626243)

I feel like the trick must be if you can amortize some of the maintenance costs across multiple projects.

Maintaining DNS records and SSL keys is not 3x as hard for 3 domains as for one. Probably neither are taxes. Or keeping on top of security fixes for projects using the same tech stacks.

There’s a couple groups out there who do something like this for public sector projects, sort of taking over the devops aspects and keeping the lights on. And in that case creating project generators could be feasible as well, because it’s easier to run a project that’s built the way you prefer them to be built.

[ Parent | on HN ]

Re:Tiny Acquisitions by jononor on Friday June 25, 2021 @04:36AM (#27628405)

Yeah and you can leverage learning across projects also. Find a marketing strategy that works well for one of the projects, then deploy to the rest. And one can share the cost of outsourced labor down the line. For example one customer support agent, software engineer, marketing person could work across all products/businesses, which might together fill near a full time role. It is often terribly hard to hire good part-time workers for many roles. And with a diverse portfolio the risk of high impact business failures should go down also. More tickets for potential buy-outs from bigger companies also, those can often be quite random, so more chances is better chances.

[ Parent | on HN ]

Re:Tiny Acquisitions by patrickk on Friday June 25, 2021 @04:46AM (#27628452)

Not to mention you can leverage skills learned from earlier projects, greatly accelerating your progress. For example, if your project relies on content marketing, perhaps you learned to write quickly and produce enticing YouTube videos, and outsource effectively to remote writers (all skills that take dedicated time and effort to get good at). You can definitely leverage that and speed up your progress.

[ Parent | on HN ]

Re:Tiny Acquisitions by cglee on Thursday June 24, 2021 @07:44PM (#27625375)

If I were to guess, the money is actually in writing about the experience and parlaying it to an entry into Angel or VC.

[ Parent | on HN ]

Re:Tiny Acquisitions by prawn on Thursday June 24, 2021 @10:09PM (#27626428)

Putting in a lot of work to your own projects without answering to a boss or freelance clients wouldn't be too grim.

[ Parent | on HN ]

Re:Tiny Acquisitions by sideproject on Thursday June 24, 2021 @07:21PM (#27625187)

https://www.sideprojectors.com

Disclaimer : I run it. :)

[ Parent | on HN ]

Re:Tiny Acquisitions by kinderjaje on Saturday June 26, 2021 @07:55AM (#27641114)

The problem with your website is that you accepted bunch of low quality, no value websites made in 7 minutes and selling for thousands of $$$$. Which make hard or impossible to find real quality projects.

That's why curating, reviewing, examining real projects is needed in order to keep the quality and not quantity.

[ Parent | on HN ]

Re:Tiny Acquisitions by asyrafql on Saturday June 26, 2021 @10:38AM (#27642243)

Even if I want to switch to dark mode, I need to sign up first. Weird.

[ Parent | on HN ]