Well I have finally completed my first big App with Ruby on Rails. I learned a lot, had a good bit of fun and grew even more addicted to the framework. Ohh, and you must be wondering “Where’s the APP!” It’s a bit of a sad story really. The app is built around the Flickr API and does wonderful things with photos that, as far as I can tell, have not been done before. I found out why, it is damn hard on the servers. My shared account on DreamHost certainly can not support the load and continues to kill off all my processes. So, unfortunately, I am not able to release the App at this time. I simply do not have the server to run it. Hopefully, one day this limitation will not be a problem.
Keep on truckin’ with more development projects. I’ve been trolling through my brain, reading over all the web 2.0 blogs, and generally looking for some inspiration on a project to undertake. A couple of ideas came up.
Dating sites have been done over a billion times, but that’s okay. I read a blog post mentioning the success of PlentyOfFish with their streamlined operations generating revenue from adwords ($10K a day?). POF has an awful user experience; the layout is just plain crap. But hey, you get what you pay for. For a dating service to be useful it has to capture market share which means it has to advertise (paid usually, maybe dessemenated through the masses via blogging would be a good way?) The best/stupidest idea came to me when thinking of ways to finance such an advertising blitz. Note: this is the riskiest financing method around second only to loan sharking which is harmful to your health, this method is extremely harmful to your wealth.
- Develop a killer App and make it free. Obviously, once users visit your site they will never want to use another dating service again. That’s how good it is.
- Sell short the stocks of your competitors (Match, Y!, eHarmony, etc … I assume these firms are public, I have not researched whether they are)
- Use the income received from the sale of stock options to finance a massive marketing campaign
- You’re filthy rich, you stole everyone’s market share, their earning tanked and now their stock is worthless so the option will not be executed. You can find ways to get your own $10K a day via adwords or monetize this large audience via other routes.
Like I said, this is stupid, I know it. Just a day dream while at the dog park earlier today, but I thought it was a pretty creative financing method though – from a perspective that risk is of no concern.
Okay, so if dating services are out, what is my next app? Amie.st is a great we application for fair music pricing with no DRM and it supports independent artist to a large degree. I’ve decided to make my own version of their site. Unlike my dating site discussion above, I do not want to develop a competing product. I simply want to use their domain model to enhance my knowledge of Ruby on Rails. After all, that’s what it’s all about.
