The Why
20% pay cut from April, vacant investment property and then partner losing job. I was not sure what else was coming for me. However, instead of losing hope, at around mid April, I looked into generating some side income.
The Idea
The only Idea that came to mind was to start a YouTube channel where
1. I search for a keyword on YouTube then
2. Watch all the search results and finally
3. Summarise what I have learned in Video.
I ran the idea through few friends. They liked it.
By this time the camera prices have gone up and I could not afford one with good auto focus.
So, I jumped into validating the feasibility of my idea by watching hours and hours of videos and taking notes on them. Should have been easy right?
But, soon I was struggling with taking notes while watching a video in parallel and not miss anything. It was very demotivating.
The Pivot
So, I wrote a simple chrome extension that would pause the video when I type and then resume when I put a full stop.
After each video I would copy the notes and move it to Evernote. It was all going well.
When I told this to one of my friends, he also wanted the extension. So, at nights, I polished, added some features and then published it.
Still the camera prices were up, so I took another month and released a companion app for the extension. It helped me sit back and take notes from my mobile reducing the strain to eyes.
It was end of June and I thought why not make this extension a product and try to sell it instead of waiting for Covid to go down and Sony to start production. So, I spent another month, polished the UI, and finally releasing as an MVP now.
Total Expense:
- Domain: $13/yr (NameCheap)
- SSL: $15/yr (NameCheap)
- Email: $13/yr (NameCheap)
- Hosting: $3/Month (AWS Free Tier)
- Assets: $25 (Fiverr) + FreePik + Lottie CC Licenced animations.
- Hours Spent: 150-200hrs (Late nights and Weekends)
- Marketing: $0
So far $75
The Plan
Ozbargain community is where I spend a lot of my free time. So, obviously I am starting here to get some feedback. I am planning to spend around $300/month after I validate the Product Market fit. Hope the Camera prices will come down by then.
People would advise me to use the phone camera to start the Youtube, but, production quality is a must these days. You need that BOKEH. :)
The Call to Action
If any of you guys are kind enough to give my product a go and offer some feedback, It will mean a lot. But, feel free to shoot any questions. I am happy to answer.
Cheers.
OP nice website and idea. Can you please explain in the video i.e. add voice to the intro video?
Where will my notes be saved? what security measures are you offering or applying? :)