Is It Worth It?

Question

Just want to talk with community, because can't decide in my head is it will be worth to invest time in a new project or just stop playing in "Entrepreneur' because I'm running over my saving and need start looking for a job.I have few separate part from different projects, that can be combined* One is web - Figma like editor with variables, UI https://ibb.co/99GGLRt* Second is fast and cheep renderer with Cloudflare workers that can use project from that editorSo, my idea was combine them as dynamic image API that will be very cheep and fast. I have did some rough calculation and it can dramatically cheaper than alternatives (Bannerbear, Robolly, Placid and etc, like a lot other and recently launched more here and on PH). But almost all have about 49$/month per 1000 images subscription. And I bet all using puppiter to generate that. While solution is technically different and my math say it easily can be profitable for me to be like 5$ plan for 1000 images.I know that it's good to target high priced product and cheep price can lead to more issue with users, and a market crowded with already working solutions...But, I just really sad to just leave that projects on shelf. But in same time I understand that only advantage here is only price. And as I really suck at marketing, so it will be just like once shoot on PH, etc.So, I have few question:1. What do you think? Is it worth to place things together and launch it?2. Are you using/used such dynamic images api and price issue was a thing for you?Really happy to hear any thought. Have a great day!

ipaddr · Accepted Answer

If you suck at marketing you suck at playing Entrepreneur.
Right now you are playing developer. You need to play marketing guy. What can you sell? I would focus on selling anything. If you can figure that out you can figure out how to market your product.
A bootstrap entrepreneur time - 80% should be on marketing.

codingdave · Answer

"Is it worth it?" is a meaningless question without context. Worth it for what? What are your goals?

meiraleal · Answer

49/month is the price to make more money with less resources. Your competition also can sell at 5usd/1000 images because most users generate 10, 100 images. But the real cost is to keep 10 customers happy in place of 1.

al_borland · Answer

If you suck at marketing and sales, you need a partner who is good at it, as being an entrepreneur is ultimately a sales job. The best product in the world will never get out to the people if the people don’t know about it.
This is why I work at a big corporation. While I can romanticize the life of a solo dev entrepreneur, I know I’d never do the sales side of the job, and it would ultimately go nowhere.
You have to be honest with yourself and ask what you’re willing/able to do. For those things you’re not willing to do, or not good at, are you willing to bring it help? Can you afford to bring in help at this point or is it too late?
Taking a 9-5 job doesn’t mean your projects have to die. It just means you don’t have to rely on them to pay your bills. Though keeping it alive would take more will and intentionality.

brudgers · Answer

very cheapThis is a bad strategy for a business. Price is the worst thing to compete upon.my math say it easily can be profitable for me to be like 5$ plan for 1000 imagesYour math is probably wrong because customer acquisition and retention is hard. At $5, you have to find 200 customers to make $1000. And you have to keep them happy.What is counter-intuitive about B2B sales is that your customers want to pay you enough money to keep you in business (because switching services has a lot of overhead). Being really cheap is a red-flag to potentially good customers because they know you can't stay in business.Good customers are reliability sensitive. And service sensitive. Not price sensitive. Good luck.