The remaining vendors may profit from their ventures but will likely make no more than their opportunity cost. This is what economists refer to as economic profit or economic rents. It differs from accounting profit in that it refers to profits in excess of the opportunity cost of capital.
Source : https://www.indiehackers.com/round-table/how-did-you-find-your-earliest-users
1. market place
2. naturally grown audience
3. cold emails, outbound sales
4. SEO ‘optimization’
5. product hunt, reddit, hackernews
6. lifetime deals
8. facebook, angel list, beta list
9. twitter, instagram, linkedin
11. Blind, Quora, other QA sites.
12. press coverage
Seek wealth, not money or status. Wealth is having assets that earn while you sleep. Money is how we transfer time and wealth. Status is your place in the social hierarchy.
Ignore people playing status games. They gain status by attacking people playing wealth creation games. Continue reading “How to Get Rich (without getting lucky):”