HACKER Q&A
📣 stefanos82

Making 500K euros in 6 months; myth or plausible?


Making 500K euros in 6 months; myth or plausible?


  👤 guywithahat Accepted Answer ✓
While it's technically possible, I wouldn't bet on it. Lots of people have launched startups that were a sure thing just to have them fail with no users. If you need money I would get a job.

Edit: if you need some demotivational material, you can check out https://www.failsights.com. A guy I know in the UK does it, and he covers startups that fail, often costing the founder significant amounts of money


👤 sfmz
Its happening with AI wrappers (eg. AI headshot) and smart-contracts; but it will ~probably~ take more than 6-months to familiarize yourself with the space and market; if you had the domain knowledge, you could succeed insofar as there is not much code to write.

👤 JojoFatsani
If it was easy, everyone would do it

👤 GianFabien
Depends on how big the initial investment is. If you start with 1000 euros - unlikely. If you start with 5,000,000 euros - plausible. Large scale marketing costs heaps and returns only a tiny percentage of paying customers.

👤 sn9
In a six month period some time in the future? Plausible.

In the next six months? Unlikely enough to be a myth.


👤 user90131313
No joke, I'm aiming for at least 5 million in next 8-9 months, AMA :) I'm serious

👤 082349872349872
Completely plausible: invest 17M EUR in dutch or belgian 6 month bonds