Startup & Business

All posts in the Startup & Business category

Game Theory in the AI Era: When Machines Join the Game

An analysis of the intersection between Game Theory and artificial intelligence, explaining how AI is changing Nash equilibrium principles and optimal strategies. The post includes real-world examples of applications in business, transportation, and cybersecurity.

The Never-Ending Battle: The Story of Trump, the FED, and the Interest Rate Dance

An in-depth analysis of the confrontation between Donald Trump and the Federal Reserve (FED) over interest rate adjustments. The article explains how interest rates affect the economy, the FED's role in preventing crises, monetary policy impacts on the dollar, and financial tools used to combat recession. A comprehensive look at the complex relationship between politics and monetary policy.

Vibe Coding and Its Drawbacks
•5 min read•

Vibe Coding and Its Drawbacks

Detailed analysis of the drawbacks and risks of Vibe Coding - the approach of letting AI write code without human oversight, helping readers understand the challenges in applying AI technology to software development.

Stability in Startups
•5 min read•

Stability in Startups

An analysis of the trade-off between high short-term revenue and low long-term revenue in startups. Comparing two models: a startup with $10k-$20k/month revenue for 4 months versus a startup with $1k/month revenue for 3 years, along with the pros and cons of each model. Also discusses the importance of stability, exit strategy, and building a sustainable business plan for entrepreneurs.

The Rise of Micro SaaS: Why 2024 Will Be the Year of Specialized Software

An analysis of Micro SaaS development trends in 2024, explaining the concept and differences between traditional SaaS and Micro SaaS. The author presents characteristics of Micro SaaS businesses, why 2024 is the breakout moment for this model, and guides on building a successful Micro SaaS with nocode technology. Also shares real experience and lessons from the author's own Micro SaaS projects.

English Course Challenge in 2 Weeks - Day 0: Using Info Products for SaaS Marketing

Introducing the challenge to create an English course in 2 weeks to market the SaaS app Bubble Component Collection. The author shares the strategy of using Info Products (ebooks, courses, templates) to promote software, differences between info products and regular blogging, and the plan to create a course under 3 hours demonstrating how to use the Chrome extension to build app frontends.

How to Get Rich Through Real Skill

Analyzing Naval Ravikant's wealth-building philosophy, founder of AngelList, through his famous tweet storm 'How to Get Rich'. This post explains the difference between wealth and money, the importance of passive income, and how to build sustainable wealth through specific knowledge and permissionless leverage.

FIRE and Fat FIRE: Financial Independence, Retire Early

An introduction to two popular financial concepts: FIRE (Financial Independence, Retire Early) and Fat FIRE. I explain the formula for applying the 4% rule to achieve financial independence, analyze risks like inflation, and compare regular FIRE with Fat FIRE - the upgraded version allowing more comfortable spending during early retirement.

Pretty Girl NFT for $8,000 Each
•2 min read•

Pretty Girl NFT for $8,000 Each

Sharing about the IreneDAO NFT phenomenon by Irene Zhao - from free minting to skyrocketing to 3 ETH (around $8,000) in just two days, plus lessons about the advantages of good looks and the potential of NFTs in the crypto market.

By-product
•1 min read•

By-product

Exploring the concept of by-product - those unexpected secondary products in life. This post shares how simple actions like blogging or reading books can create unexpected value, from new relationships to changed perspectives, and how to connect these dots following Steve Jobs' philosophy.

FaceScreen
•3 min read•

FaceScreen

An analysis of Facebook and Mark Zuckerberg's strategy to keep users glued to screens as long as possible. The author compares current Facebook to FaceMash - Mark's first project, while questioning the real value of social media and the necessity of self-expression in virtual spaces.

Axie and Coin98 Success
•2 min read•

Axie and Coin98 Success

A frank perspective on the success of Axie and Coin98 - two Vietnamese blockchain projects that raised millions of dollars and built extensive ecosystems. This article counters negative opinions and properly values these pioneers.

[Case Study] Selling a No-code MVP Built in 100 Hours for $5000

The journey from idea to successfully selling Profitable Insider project for $5000 after just 100 hours of work. This post shares details about choosing ideas, building products with no-code tools, pricing MVPs, and the sales process - valuable experience for anyone wanting to develop side projects.

#6 - NoCode MVP - Summary
•4 min read•

#6 - NoCode MVP - Summary

Summary of the NoCode MVP project with ProgressKer app built entirely on Bubble, sharing experiences and lessons learned after 120 hours of work.

What is a Product Manager?
•3 min read•

What is a Product Manager?

An explanation of the Product Manager role, their work at the intersection of Business, UX, and Technology, along with different types of PMs in the tech industry.

Profitable MVP in 30 Days - Final Summary

Final summary of the 30-day profitable MVP challenge, evaluating the entire development process of three different apps: SoundBar, ReadingPointer, and Focusify. Detailed analysis of revenue, costs, actual profit achieved, along with valuable lessons about choosing business models, focusing on one product instead of spreading resources thin, and future plans for the developed products.

Day 28-29-30 - Profitable MVP in 30 Days - All According to Plan

Days 28-29-30 of the profitable MVP challenge where I look back at the original plan and assess progress. Sharing how I plan to hit the $1000 profit goal by buying my own app, and announcing the new app Focusify.app instead of letmethink. Also preparing landing page, promo video, and images for launch day.

Day 27 - Profitable MVP in 30 Days - Trying a Silly App

Day 27 of the profitable MVP challenge where I decide to abandon the Group Opener idea and pivot to building a 'silly app' - a simple, easy-to-build app that still has profit potential. Explaining what silly apps are: simple features that seem unremarkable but can achieve massive downloads, like fart sound apps with 50 million downloads or beer drinking simulators with 90 million downloads.

Day 25 - Profitable MVP in 30 Days - Never Give Up

Day 25 of the profitable MVP challenge where I admit ReadingPointer's failure - user retention is extremely low and no one cares about the paid features. Sharing lessons learned including targeting users with higher willingness to pay, challenges of building cross-browser extensions, and difficulties turning scientific methods like speed reading into products.

Day 23 - Profitable MVP in 30 Days - Another Sad Story

Day 23 of the profitable MVP challenge where I share the frustration of waiting for Chrome Web Store to approve my app update. Also discussing early user feedback on the UI and weighing two options: focus on content marketing or build a new app in the remaining 7 days.

Day 22 - Profitable MVP in 30 Days - Launch Checklist

Day 22 of the profitable MVP challenge, sharing a detailed checklist before launching the ReadingPointer product. The post categorizes items to check into groups like technical, website, marketing content, distribution channels, and analytics, ensuring the product is polished and ready for users.

Day 21 - Profitable MVP in 30 Days - Early Adopter Experiment

Day 21 of the profitable MVP challenge, explaining the early adopter concept and sharing how to experiment with this model for the ReadingPointer app. The post describes creating a premium version introduction page with special benefits for early users, implementing a 'Go Pro' button on the homepage and app to test users' willingness to pay.

Day 19 - Profitable MVP in 30 Days - A Sad Story

Day 19 of the profitable MVP challenge, sharing a sad story about working with a designer on Fiverr during the COVID-19 pandemic. The post reflects on hasty judgments, feelings of regret, and lessons about empathy and patience in online communication, especially during difficult global times.

Day 18 - Profitable MVP in 30 Days - Completing the App

Day 18 of the profitable MVP challenge, sharing about completing the Speed Reading extension for $160 after 3 days working with a freelancer on Upwork. The post describes the process of adding analytics, final adjustments, and submitting the app to Chrome Web Store for review, plus sharing inspiration from the book 'Start Something That Matters'.

Day 14 - Profitable MVP in 30 Days - Code Yourself or Outsource?

Day 14 of the profitable MVP challenge, sharing about completing the Speed Reading extension mockup and analyzing the choice between coding yourself and outsourcing. The post offers advice for both programmers and non-programmers, analyzes time and money costs, and shares the decision to post a freelancer job on Upwork.

Day 12 - Profitable MVP in 30 Days - Giving Up

Day 12 of the profitable MVP challenge, sharing the feeling of wanting to quit but deciding to continue, the internal struggle between laziness and determination to complete the challenge. In the end, I choose to develop the Speed Reading Chrome Extension - an idea that solves my own problem and something I'd use daily.

Day 11 - Profitable MVP in 30 Days - Stuck with New Ideas

Day 11 of the profitable MVP challenge, sharing about searching for new ideas after struggling with the first product. This post introduces the Reading Tracker idea - a tool to help users create, manage, and share their reading lists, with features like syncing from Goodreads, auto-completion when typing, and Amazon affiliate link integration.

Day 1 - Profitable MVP in 30 Days - Finding & Evaluating Ideas

Day one of the 30-day profitable MVP challenge, focusing on finding and evaluating ideas. I share how to find ideas from personal problems, analyze pros and cons of this approach, and introduce three initial ideas: Speed Reading Chrome Extension, Pomodoro Timer app, and YouTube music player.

Adalo - No-Code Mobile App Building Platform

A detailed review of Adalo - a no-code platform that helps you create mobile apps for iOS, Android, and Web without writing a single line of code. Learn about UI/UX design features, data management, and API integration capabilities to build MVPs quickly!

Case Study: Building and Launching SaaS Software Under $40k

The journey from idea to successfully launching a SaaS product with a budget under $40k. This post analyzes crucial steps from market research, wireframe design, writing user stories to finding and managing an outsource team. Especially useful for founders without technical background wanting to build quality software at reasonable cost.

Productized Services - A New Business Model

Introduction to the Productized Services business model - a solution helping service businesses scale up effectively. I analyze limitations of traditional service models like consulting and outsourcing, compare with the SaaS model, and explain how to turn services into fixed packages with clear scope, timeline, and pricing. With real examples from various industries.

3 Levels of Creativity
•3 min read•

3 Levels of Creativity

This post analyzes three levels of creativity: from recreating others' products, to improving, and finally creating revolutionary breakthroughs.

Ideas vs Reality
•2 min read•

Ideas vs Reality

Analyzing the difference between ideas and reality when executing projects, helping readers better understand the process of turning ideas into reality and the challenges they face.

Company of One
•4 min read•

Company of One

An introduction to the 'Company of One' concept from Paul Jarvis's book - a business model focused on maximizing profit rather than scaling. I compare running a large company with many employees versus the one-person company model, analyze the advantages of staying small but highly efficient, and share real examples of successful individuals in MMO, influencer, and content creator spaces.

Customer Education: You Dummy!

Discover Customer Education - helping customers deeply understand your products and services, building absolute trust and creating competitive advantages in business.

How to Be Unemployed! Make Unemployment Great Again!

A positive and humorous take on the concept of 'unemployment'. This post analyzes unemployment as a pre-entrepreneurship phase and an opportunity for learning and self-development. Discover how to make the most of your unemployed time to prepare for new career opportunities.

Should You Quit Your Job to Join a Startup?

Personal experience and lessons from quitting a big company job to join a startup. The importance of having a long-term life plan, careful evaluation before quitting, and the benefits of starting a business in your area of expertise.

MVP Building Tools for Non-Coders

An introduction to no-code tools that help non-programmers build effective MVPs (Minimum Viable Products). I share real experience with platforms like Bubble.is for web apps, Shopify for e-commerce, and Configure.IT and Dropsource for mobile app development. A cost-effective solution for startups wanting to validate product ideas before making big investments.

Should You Use Shopify for E-commerce in Vietnam?

An analysis of using Shopify for e-commerce websites in the Vietnamese market. Comparing e-commerce development options like hosted solutions (Shopify, Haravan), open-source platforms (Magento, OpenCart), and custom development. A detailed evaluation of Shopify's strengths and weaknesses to help readers decide if this platform suits their business needs.

The Startup Idea Problem
•4 min read•

The Startup Idea Problem

A realistic perspective on tech startups from someone in the industry, analyzing misconceptions about startup ideas and the importance of validating ideas before building products. Advice and useful resources for those wanting to start tech businesses but lacking experience in the field.

•1 min read•

37 Startup Funds in Vietnam

A comprehensive list of 37 investment funds and angel investors supporting startups in Vietnam, including both local and international organizations.

Starting a Startup Without Knowing How to Code

How to start a successful tech startup without coding skills through the concept of Minimum Viable Business (MVB). Instead of rushing to build a tech product, the author advises creating simple manual solutions to validate ideas and attract customers first.

An analysis of advantages and disadvantages when students start businesses, based on Paul Graham's 'A Student's Guide to Startups.' I point out five advantages students have: good health, no financial pressure, no family obligations, easy to find co-founders at school, and naivety that lets you try bold things. Also warnings about disadvantages like inability to solve real-world problems and lack of cross-disciplinary knowledge.

What is Gig Economy and Why Developers Should Care

Explaining Gig Economy - the freelance economy where workers own their work without obligations like Uber, Grab, Fiverr. Analyzing this model's growth trend and opportunities for developers to participate by creating gigs, building connection platforms, or developing support tools.

What I Learned After 8 Months Building an App

Sharing my experience developing Elite Condos - a platform connecting apartment owners with home service providers. I distill lessons about finding practical ideas, the importance of software architecture, code comments, refactoring, and focusing on one platform to ship the product.

Student Startup - You're Not Bill Gates

A realistic perspective on students starting businesses, defining startup simply as being your own boss, developing products, and earning money from them. I analyze IT's advantages in startups, face negative reactions from society, and give practical advice for students wanting to start: begin with small, realistic, achievable goals rather than dreaming of becoming Bill Gates.

Exploring React Native - Beyond Hello World

A detailed walkthrough of learning and exploring React Native, from setting up the environment to building real applications, helping readers understand how to approach and develop mobile apps with this framework.

What Future for Swift
•4 min read•

What Future for Swift

Detailed analysis of Swift's future, comparing syntax with Objective-C and exploring potential application areas, helping readers understand Swift's development potential in the Apple ecosystem and other platforms.

Why You Need a Personal Blog
•8 min read•

Why You Need a Personal Blog

A detailed analysis of the benefits of maintaining a personal blog, from learning new skills, improving writing ability, to creating career opportunities and building personal brand, helping readers understand the importance of blogging in career and personal life.

E-Myth Revisited - A Great Business Book Worth Reading

An introduction to E-Myth Revisited - a book analyzing why small businesses fail. The author shares real examples of sales innovation and the story of Sarah - a woman who started a bakery and faced many challenges. The book uses specific, easy-to-understand situations and provides valuable lessons.