It's time for the multi threaded income podcast. We're like insurance for a turbulent tech landscape. I'm your host, Kevin Griffin. Join me as I chat with people all around the industry who are using their skills to build multiple threads of income. Let us support you in your career by joining our discord at mti. to slash discord. Now let's get started.
Hey everyone, welcome back to the show. I'm joined by my very good friend and special guest, Jamie Wright. How are you today, Jamie?
Good. Good, Kevin. How are you been?
I am hanging in there. Jamie, I think last time we saw each other was at that conference, Austin,
Yeah.
I don't think I was expecting you to be there. Uh, cause I looked at the schedule. I don't, didn't remember seeing your name. And then it was the evening of the big attendee barbecue. I was just casually walking back to my room and I, I always like to walk past the bar. A lot of these conferences we do, you always walk past the bar cause you never know who you're going to
I stop usually at the bar. But yes, I
stop at the bar and you never know who you're going to see. And I'm walking past the bar and the Kalahari in Austin has a very nice bar. Uh, just it's centrally located, really nice.
Yeah.
And. I'm walking past and there's Jamie Wright just sitting there working. I think you're working on your talk for the next day
Yep. Yep. Yep, probably. That sounds like a conference Jamie thing to do Yeah, that was uh, that was a fun conference. That was my actual um, I completed my Kalahari world tours Have you been on the Kalahari world tour? Did
all of them except, uh, Wisconsin.
you submit to that conference in
I didn't because I make the joke with Clark that he never. Talks to me before you schedule these things. So it's always on a conflicting week for me.
He helped me visit every Kalahari in the United States. So I'm sure there's a lot of software developers that have done that. But, uh,
So this is a side note, but they're opening the Kalahari in Virginia in 2025, I think it's supposed to when it's open and
about this. I was like, Oh, you guys are trying to stay ahead of me. All right. You guys are trying to open up more. So I don't have, so I have more to go to.
the problem is everyone I've talked to says, Kevin. You are the obvious person in Virginia to run the conference at the Kalahari. I said, that sounds great, but I've seen the budgets of all the Kalahari conferences, and there's no way you're going to convince me to try to do a Kalahari conference
Maybe
in the middle of Virginia.
maybe Clark can try to convince you because yeah, that, that would, that looks scary as hell. Those. Those budgets and that amount of money.
I'll maybe I'll just lean on Clark and use the, that conference name. And he can just have the Kalahari, Virginia, and I'll help with some local logistics
There you go.
and it's not even local. It's three hours away from me. So it's not as local as I would like it to be. Jamie, that's not why we're here to talk about conferences. We want to talk about your. Exploration into what we call multi threaded income. Cause as long as I've known you, you've always worked for yourself. You've always worked on side projects. You always have something going on. And I always like to say you have something going on with the intent of making money.
And, uh, but let's, I guess you're supposed to start with what you're doing now.
Yeah, um, yeah, it's kind of changed recently. Um, so yeah, I've been, um, a consultant, basically a freelancer at various stages. Um, had employees, I used subcontractors, um, and now I'm just kind of back to being myself, being myself, which I kind of like the most. Um, a lot less stressful. Um, yeah, so I've been a, I've been a freelance consultant since, dude, like 2006, that's how old I am.
Uh, so like right out of college I was, um, you know, I worked in various, uh, jobs that were, that had software departments, software development departments, um, yeah, and I just, I've always kind of. Not been employable, I think. Um, and it's just my personality. It's just like, I just get so annoyed with what I view are bad decisions and they could be bad decisions or not bad decisions. It's just sometimes the things that people do with their businesses just really annoys me.
Um, so the fact where I knew I, I wouldn't be able to stay there, you know? Um, yeah, that's just, that's just my personality. So I've kind of just always done my own thing.
When I left my, my real job in air quotes, I left because I was a bad, I was a bad employee for the company. It wasn't a bad company. It was, I was a bad employee for the company because I was moving faster than the rest of the team and the how fast management wanted to move.
know,
And wasn't that it was necessarily bad. It was just bad for me because I continuously got frustrated. It's like, why aren't we trying this new thing? Why aren't we going to this event? Why aren't we looking at X and Y and just no one else wanted to move at that speed. So I had to leave.
That's exactly like those things kind of build up over time. And for me, it's just a short amount of time. Like that could be like two months and like, I'm just like, okay, I'm, I'm over this, not, not meaning like. Not saying like, Hey, I'm over this and I can't help this company. I'm just saying like, this kind of reinforces my belief of why I can't be employable employable because I go to all these, I've been at every size of company imaginable as a contractor.
Um, and I do admit that's a different kind of, uh, relationship than being an employee, so there may be. Some other stuff that I don't know about, um, around like sort of that teamwork and, um, those kinds of relationships. But, um, yeah, I just, I just know I'm just not employable. I also feel like I need to own in order for me to be very engaged. I have to have, um, a lot of, uh, risk, not risk, but I have to have a lot of say in the thing that's produced. It's just.
I just want to have that ownership so that I can control with the outcome a little more, um, and just, you don't have that a lot of companies. So, so I've been kind of
along those lines, what would you say if you looked at all the different clients that you've had over the years? What are the traits of the really good clients and what are the traits of the very bad clients?
for me. Um, I love working with small teams that don't have a lot. Of process software development crap around the actual job of getting work out. Um, those are the best clients for me. So my favorite client, actually the one that, uh, we'll talk about with Kyber. Um, that was probably one of my favorite clients. I was with them for like three years and it was because, you know, I was one of two developers. There was three people as a product owner.
Um, kind of the owner of the company and then us too. And we would, like you said, we would just move at super fast pace. Um, I had a lot of say in the, uh, the design, the, the, the product, the UX. Um, and it was just great. You know, it worked out great. Um, yeah, that's kind of my favorite. The, the traits of kind of the companies that I don't like to work with are the companies that have like a lot of process.
Um, know, of getting just code or, or the end product out to customers and also not being able to, a lot of those companies, you don't get to interact with the customers themselves, which I find not that satisfying, right? I like to hear from the users, um, themselves, um, not only, you know, I like to hear the good and the bad because it, it helps me become better. Product person and it also makes for a better product. So
Do you have any tips for trying to figure out if a client is going to be good or bad before you enter into that relationship or is it? More of a, you see what you get once you get in.
yeah, you can, I just from years of experience, I can tell pretty much if I'm going to, um, work well with this client or not. Um, and that's taken some time, but a lot of, a lot of the red flags, you know, things that I don't like process and you can tell just by their writing and their emails. And, um, their responses and the things that they have to get you to jump through. Um, so one of my, like another company that I love working with is Test Double.
I work a lot with them as a subcontractor and just, they are what they say they are. Like they let you do your work. You're very autonomous. They count on you to just get the job done. They don't treat you like a child. And, um, and you can tell that that I could tell that that was going to happen just based on the emails that were sent before the project happened, you know, like, Hey, don't worry about this.
Here's this, you know, and and things were thought of and, um, things were were made so that you could get up and running, you know, first day and contribute. So those are kind of the companies I like. And, uh, those are the people and the companies I steer away from are the companies that. All right. You can tell there's a lot of process. Um, and, uh, and they may not. They may not know the person that you're working with.
A lot of times, um, if I have a direct relationship with the person I'm working with, like I met them on a conference, um, I'm friends with them in the community, those relationships work out a ton better than somebody that, you know, you were introduced to on this side of the company over here, like those types of relationships, those people don't trust you, which, you know, they don't know you.
Um, and so, Yeah. So there, when there's a lot, when there's a lack of trust, um, that can also, um, be an indication of probably you don't wanna work with that company. Um, yeah. And then good, a good way to build up trust, actually, I found out through the years, is just put yourself out there. Um, whether it's videos, podcasting, writing. Just showing your views and showing that you've been doing this for, you know, a long time.
Yeah,
It really goes a long way in, um, in gaining trust and having a good working relationship with those customers.
I've coached a number of people getting started with consulting and I'll build on that topic. A lot of you need to present yourself not as the person just coming in to do a job. You need to present yourself as the expert. You are the experienced one. You're going to lead how this entire engagement is going to go. Don't let the other person do the guessing. Because all they really want to do is pay you and get a result. You need to come in and say, I am the, I am the expert, put the hat on.
And it's all about how you present yourself through just minor interactions. Um, and it helps so much and you can usually tell it's a red flag. If someone tries to override that with their own processes, it's like, okay, this might not work out the way that I want it to.
A hundred percent. I tell a lot of I've talked to a lot of clients over the, over the years. Like, Hey, you're, you're overpaying me. Like you're, if you just want me to grab tickets and do the stuff and not raise questions about architecture or UX or product or features, um, like you're just overpaying me, just pay, pay somebody else that, um, doesn't have that experience. Um, Or doesn't want to share that experience. So, um, yeah.
So let's go a little bit more into who you're working for now, because I think there was a fun story to how you got to what you're doing at the moment.
Yeah. So the other thing that we haven't really gotten into is over the years, I've, um, dabbled into SAS. Um, and I use the word dabble, um, on purpose because, uh, I've never really fully committed, uh, to kind of, Going all in on, on SAS. Um, and so over the years I've kind of dabbled in it. I've created several products, um, over the years, uh, and I guess around 2015 or something like that. I just kind of fell in love with like chatbots in chat.
Um, this was kind of before Slack, but like, uh, remember HueBot
Mm hmm.
Campfire. That's kind of where I got my start, um, creating bots, chatbots. And I just kind of fell in love with that. Yeah. I actually started working on my own chat platform. Uh, I called it Funnel Cake. Uh, and, um, that's when I heard of this little, uh, startup called Slack. And they were doing very similar stuff to what I was doing. Like, my idea was To have a spot where you could add like apps and bots alongside your chat, which was kind of like an afterthought in campfire.
And obviously it was like a forethought in Slack. And so, um, after I found out about Slack, I've created a, a bot for Slack that allows you to do standup meetings inside Slack. And that was like the first that did that, by the way. Um, And, uh, anyway, got invited out to the Slack, um, launch event when they did their app store really kind of fell in love with the community people at Slack. Um, who are mostly no longer there, but, um, just kind of fell in love with that community.
And so I've kind of, since then just kind of been. All in on the chat bot Slack bot sort of, um, uh, work, um, and developed, like I said, tattoo, and then a client came along, um, and I described them. It was called Kyber, but I described them as kind of base camp inside Slack and creates messages, tasks, um, meetings inside Slack and kind of coordinate all your work inside Slack. Like there's nothing outside. Of Slack. It's like all, which is kind of unique in the Slack world.
Like a lot of them are services, their web services, they have like a Slack. So anyway, and like I mentioned, that was like a really good client. We worked together for three years. Um, and they were a venture backed company. And, uh, so they were pouring in like millions into this. Project product. And they were getting like, they were getting up to like 40 K 50 K a month in subscriptions.
And that was, that's a lot, you know, for me, for one individual, but for a venture backed company, it didn't really make sense. Um, they were trying a lot of different things. Um, and, and then, you know, they, one of the developers left, went to Amazon. And so I was like the only developer on the thing for maybe a year. And I could kind of slowly see the interest weighing from them.
Um, and anyway, last year, yeah, 2023, they, they told me at the beginning of the year, they're, they're like, Hey, we're going to stop development. It's not really moving the needle. Um, and I said, okay. And then, you know, went on to other things. And then about six months later, they reached back out and said, Hey, do you want this? Um, and I was, uh, and at first I was like, nah, I don't, you know, cause I got my own tattoo thing going on here. And then I started thinking about it.
I was like, wait, what, what am I doing here? Um, they have like all these customers, um, they kind of made their relationship with Slack a little sour, which caused some issues. Um, so all of these, I noticed like, these are kind of good issues to have. Cause these are fixable things that I can fix.
And so, long story long, I, I took over the application at the beginning of the year, um, and I just got, it's kind of changed my direction of where I was going and, and all that kind of stuff, but that's kind of where, where I'm at right now with kind of the SAS, uh, side of, side of my business.
hmm. So was it a full takeover? You just took over the entire product.
No. So the way we worked it out is. I didn't buy it or anything like that. Um, I just got basically 33%. So there's the, there's the product owner, which, you know, his name's Paolo. He's Italian. He's amazing. Um, and, uh, but, um, yeah, so between those three and then we have, um, levels of, uh, revenue. So once I get to certain revenue, my percentage goes up, their percentage goes down, right?
And it goes to like, you know, whatever those, and we figured it out, you know, it's up to like, you know, I own 70 percent or something. And then we're like, well, then we'll figure something else out. You know, like there's a lot of opportunities, like, do I sell it? Can I, you know, so, um, yeah, there was a lot of opportunity there. Um, you know, I knew I could get the revenue back up to where it was. I'm pretty. Um, I can fix the relationship with Slack.
I know a lot of people there and, um, and they have a lot of customers, like hundreds of thousands of customers. So, uh, not active customers, but you know, I have a database of former customers. So, um, yeah, my plan is now is to merge both my products, Tetsu and Kyber. I hate to name Kyber, so I'm renaming everything to Tetsu and, um, kind of going from there now I've got kind of a roadmap and a plan and, um, kind of a marketing plan as well.
So, yeah, I'm kind of going all in on the SaaS side of things this year. I decided,
And you had said before that you dabbled in SAS and. Was there any particular reason that you just didn't really commit to it?
um, money.
Money?
Yeah. I mean, consulting is so easy to like, you know, you're like, Oh, I'm going to go all in on this. Um, and then somebody shows up, Hey, here, can you do this one little thing? Here's 10, 000. And I'm like, Oh, sure. I'll do this for this week. And then, Oh, I didn't do anything on my product for this week. You know? So that happens just all the time. And, um, it's, it's happened this year several times already. Um,
Yeah.
and so I'm just really trying to like say no to the temptation. The other thing I was doing that I've kind of stopped doing because my client has become super busy, but I would only work four days out of the week. So Monday through Thursday, I work for client on Friday. Um, I would take off that worked okay, but there's just such a large gap in between those windows. Of time that, uh, I just wasn't making any meaningful progress.
So my plan this time, um, starting in May is to just actually take a week off, um, and totally focus on the product. And then kind of move up from there. Um, I'm, I'm a real big believer of not like throwing out everything, um, to, you know, work on your thing that you hope makes money. Um, like that's just so much more stressful and not as fun. And, um, that's the other thing I started doing is like just enjoying the journey. Like, like.
Yeah, just enjoying the journey, um, enjoying the actual craft of creating the software, um, not listening to, you know, all, um, I've been treating software a little more like art, if that makes a lot less, like, here's a formula that you can get 100, 000 users, here's seven tips that you can use to, you know, um, You know, I've, I've listened to all those communities and all those things. And I just, it, it makes, it makes it feel like a job and I don't, I don't want a job, man. I want to,
It is a job. And those, those are the same people that will say you only need to spend 20 minutes a day doing this little bit of marketing and you can have these massive results. But what they don't tell you is, well, I was spending weeks and weeks and weeks and just devoted to the marketing aspect of everything that I was doing. And now I can do it in 20 minutes a day.
Bye. We're going to forget about the months of effort I had to put into building the system so I could eventually do it for 20 minutes a day.
Yeah. And yeah. And also like the marketing tactics that, that they, a lot of the experts will, will talk about is like stuff. I just don't want to do, I don't want to, you know, call people and, uh, just. Asking to use. My software is just not me. I don't want to do that. So I've just been thinking of other kind of unique ways to market and, um, things like that. It's a little tough with the product I have because it's such a broad
Yeah.
range of people that can use it. It's kind of hard to like focus in on a niche and stuff like that. So yeah,
was going to ask is, so if you have a broad usage, are you trying to go out after other industries that it would be useful for, or are you going to, like, I always try to stick to my lane of software development cause I know the people there, I know the industry, but. If I had a product that would work well for doctors or lawyers or for plumbers, or, you know, I have no idea how to go into those industries and try to pitch a product.
I don't either. Um, there's two things with that. A, I, I personally am going to concentrate on software developers because like you mentioned, that's who I know. Marketing could include going to talks and talking about your product. Those are developers, right? Those are things that I love doing anyway. Um, the other thing that I did is I'm really good friends with a salesman. And I know that sounds salesy and crappy, but the real good salespeople.
Just want to solve problems for customers and my, my, my buddy's been working in the communication industry kind of working, um, alongside all these different companies, just, you know, so he's got all these contacts and all these companies that use. Productivity software, and he has some really good ideas on like packaging the software so that some of these companies will use. Um, and so I'm kind of going to lean on him to kind of do the enterprise type sales stuff.
Um, he's really excited about it. So that's, that's the other kind of marketing channel I'm going. It's kind of offsetting all that crap that I don't want to do on to somebody. That A, knows what the hell they're doing. Um, not slimy, represents the product well. Um, and can just, he knows how to talk to people, man. He knows how to like, I don't know how to talk to people. I'm a software developer. It spends. 90 percent of my time in my basement. So I don't know how to talk to people.
And that's why I hear from a lot of folks that I've interviewed that are in the SAS market. And if it's just a solo gig for them, I'll ask, okay, if you were going to hire another person, what would you hire for? I would say 90 percent of the time, it's the. The salesperson or I'll find the marketing person. I need to find the person who can do this particular part of the job. That's critical, but it's not something that I have a skillset for.
So I'm willing to pay someone with this skillset to build the business from, from that aspect. I think that makes a ton of sense.
also like the salesman kind of hire is a really easy hire to, in my opinion, like you don't need to pay them a salary. You don't need to bring them on full time. They usually have their own stuff that they're doing and selling. And, um, And they work off commission. So it's kind of a win win for, for everybody.
Well, let's look back at. Some of your sass you've dabbled in what, what projects have you worked on before? Maybe some notable, let's just, I don't like to use the word failures, but the things that didn't work out that you were excited about, but eventually just had to kill.
Yeah. The other thing, um, this is probably not the best thing to say on a income podcast, um, but I really don't do it. Like I don't set out to do it for the money. Um, I mostly set out to do it for the experience. So most of the products that I build and do are either cause I want to learn something, whether it's code or language or. Architecture or something or marketing or the industry. Those are kind of how, why I get into the products.
The reason I'm pursuing the SAS angle is to allow myself to give myself more freedom of time. So, cause. I don't want to create software my whole life. Like it's don't want to do it. I have other interests. Uh, I want to create physical products. There's things I want to, you know, I want to open store, like physical stores, like coffee shops, like there's just stuff I want to do. That's outside of, of, uh, software.
So the reason I want to go into SAS is because I'm not selling my time for money. Right. Obviously. Um, and so over the, that's just some background on your, your failure statement is yeah, they monetarily. Yeah. They, the, the reason they were shut down is because I was spending money on them and they were not making money, but, um, yeah, the, my first product actually that I released was, um, Something called morale, which allowed you to create to dues.
This was like in, this was like in 2007, six, this was in 2006. Cause I was just learning Ruby and this is how I learned. Ruby was creating this application. Um, yeah. And it just allowed you to create a to dues inside, uh, using natural language. So you could say like, you know, do tomorrow, you know, and do an at sign. Um, it was actually.
Probably before a lot of, it was, I always say this is kind of before it's time because, um, there's a lot of things that came on out after that, that that kind of worked, but it allowed you like inside code. You could write to do and write your to do statement. It would actually go into your task list and create a task for you and stuff like that. Um, that just failed just because of marketing. Probably. I never, you know, I didn't know how to market stuff. I just knew how to build stuff.
Um, uh, the, the, the chat chat, uh, application I talked about earlier. There's another, uh, slack killed that 1 for me. What are some other ones? Um, oh, yeah, several, several other chatbots. Um, that I'm probably still may do. Um, my biggest, my biggest regret is probably my Pomodoro app, though, that I made. Um, I just spent like 3 years on that thing. And I was just having a blast doing it. Like, yeah, Just creating the thing I was creating. It was a blast.
Um, and I was creating like a mobile app, Alexa app, uh, and a web app all at the same time, horrible idea, stupid idea for one person to do all that. Um, but it was a lot of fun. Um, that was chronic. That that still may become a product someday, but you know, yeah,
You get in with the productivity gurus and. You, you sell the them and then they resell for you. And then all of a sudden you have a five figure a month product and then eventually a six figure a month product. And then I used,
actually an idea for for that. The team behind or an app that came out that's very similar to what chronic was going to be is centered. If you've ever used centered, it's like a Pomodoro app, but it also allows you to, like, connect with other people. So you can kind of co work together. So you kind of, you know, Keep each other on task. So that was a big part of, of chronic. So it still might be a problem.
I use a flow club. Um,
Oh, club. Exactly the same. Yup. Yup.
that very much keeps me on task and. You have to come back and have to report to the people that you're flowing with. And it's always a different group of people. And that kind of makes it exciting. I've met a couple of regulars who I'm in different flows with, and it helps me get stuff done tremendously.
Yeah, that's cool. I also liked the fact that they call them flows. That's pretty cool. Um, yeah, so that was a, that was a product that, uh, you know, I'm a huge user of Pomodoro like technique. I need to work that way. Um, and so, yeah, I just want to create a tool for myself. Um, and I just, I just spent way too much time on it. So,
Have you done anything other than products and consulting? Have you
yeah.
out in other realms?
Yeah, I've done, um, so part of the, uh, part of my consulting, um, back in like 2016, 2017, I started offering, um, training, um, actually it was before that because it was when, about 2015, um, yeah, I started offering training classes, workshops, I did in person workshops, um, And did an online workshop and that was going to be, um, a focus for a little while, um, yeah, that was really, it was really successful.
We held, um, one in person workshop, um, in Toledo and there was about 30, 30 people that came to that. It was me and, uh, my other employee at the time. And we created the whole Rails workshop. We created a whole new app, um. And people loved it. Actually, several people got jobs from that workshop, um, which was really exciting. And we tried to expand that into other areas. We liked the in person, uh, you know, in person workshop.
Um, it felt like People grasped it and got it a lot more and were more, uh, into it rather than the online ones. Um, and so we tried to go into other cities like Ann Arbor and, um, Detroit and Columbus, but not knowing the local community there, it was really hard to gain any sort of traction. So, um, but we did do like day, uh, some day ones, like one day ones. Uh, it was, it was really, really good.
I like that first class we made like 10 grand, I think, off of it, which was like, I mean, if we would have repeated it, that would have been a really nice side of the business. Um, we just never found a way to market that. So, um,
I was in the same camp a long time ago. I tried it probably around the same timeframe. I tried to do in person training and you go into it with the ambition of, all right, I'm going to create this reusable workshop and I'll go in one, two, three days, I'll deliver it, get in, get out, collect the cash, rinse, repeat, and then you discover it is really hard this market to sell a workshop.
To a different group of people every couple of weeks, because ideally you would do one, do one like every two, three weeks and maybe in a different city, like travel around, keep your expenses super low, but then you just make bank on the money that comes in and it's just so hard to do. I had to get out of it just because I couldn't devote the time to the marketing. Yeah.
the marketing was, um, the issue, uh, the, the other thing though that we did that I thought was I'm, I'm really against like these, these accelerator programs, um, I just think it only serves a few like privileged group of people. There's only a few, you know, group of people that can take. Entire months off of work without childcare and not get paid and be able to afford that. Um, and so we wanted to take a different approach where we did it at night.
Uh, we did it, um, you know, over a course of like four weeks, like two nights a week, I think. And I love that it was cheap. I mean, it was like 800 bucks a person, something like that. So it was pretty cheap, but they were learning like a pretty. Valuable resource. So, um, I think it. Oh, the other thing that we did, though, too, was we would market to companies, which that is where actually more of the money is, is when you could get a whole company of 20 developers.
Learning some new technology, a company will pay Buku bucks for that. So we had, we were in talks. We were close to like, um, one workshop for 25 K for a week. Um, not even a week, I think it was four days. Um, and, uh, yeah, it's just, we, there's just so many hoops when you go to those companies, some of those companies. Like so many people that need to sign checks. It's, it was just, it wasn't worth, I would need like a full time person to, to kind of sell that stuff.
So, so yeah, we dabbled in, in training. I still do training, you know, at, at, uh, conferences and things like that. Um, so I still love training. I still love training people. I, I have an intern, uh, that I work with. So, um, yeah. Uh, so got into some training a little bit. And then the other thing, the thing that actually allowed the training to happen in Toledo was we opened a co working space, um, me and two other people opened Toledo's first co working space in 2013, 2012.
Okay. Yeah.
there was three of us, we started it, and then we signed a lease, um, downtown Toledo for three years. We're like one of the only buildings, buildings are like new occupants in this one area, and now this area in downtown is like thriving. It's pretty cool. Um, not that saying that we did that, but I'm just saying like. It was cool to kind of be part of that, um, downtown stuff. Um, yeah, so the, the lease was signed for three years. And so I think in 2018, yeah, no, 20, 2015, geez.
Yeah, 2015, 2016, I kind of got out, found a new partner, um, because I want to concentrate again on SAS and, uh, and co working. And I also found out that I hate co working. Uh, it took me opening a co working space to, uh, know that I hate co working. Um, and shout out, there's a, there's a person you should have on your podcast from Toledo. Uh, his name's Will Lucas. He, uh, he's into everything.
He's done everything, but he's opened, um, new type of coworking space, but he's done it in a much better way. And it's, it's more geared, uh, it's more marketed as a, um, entrepreneurial club, almost like a country club for entrepreneurs. And he's, yeah. And it's like, he's got like all these events and he's got a jazz bar. He's got a coffee house in there now, like he's doing it right. And, um, Yeah, if I were to do co working again, it would be, it would be like that.
Um, which is an idea that he got in bigger cities like New York and things like that, they all have these. So, um, you can charge much more higher fees for, uh, you know, a country club of entrepreneurs and you can, uh, a coworking space, but it's.
And you not necessarily providing more, like it's just,
Yeah,
positioned differently, which I think is all that matters. Right.
yeah. And he's done it really, really nice. So he, he got as big building in this other part of downtown that again, was kind of, you know, It was cheap. It was kind of the outskirts of downtown. Now they put in a whole new state park, like right across the street.
But, um, he, the way he did it, he's bought this big building and then he, he put in like a coffee shop and he had a coworking area and then want, you know, a couple months later, six months later, he added like a jazz club and then he added like a golf simulator and then he added like, so now he's got all these like little, just Like he's got a cigar bar in there. And so you can imagine doing all these things at once would be a horrible idea. It costs a lot of money.
You don't know if it's going to work. Costs would be skyrocketing in the beginning. Um, so anyway, uh, all that to say, like, he's done that very, very well. You should have him on.
The kind of last question I want to ask is what's in your mind, the end game for. For everything you have, what you're working on now, but it doesn't sound like that's the last thing like to be working on what, where do you see yourself, I guess, in, in 20 years, like what, where does it stop?
I'll be dead in 20
You'll be dead.
Yeah. I'll be done in 20. Um, No, uh, the end game is to, um, my goal is to create a self sustaining one person business that allows me the freedom to do more things. Um, and that gives me the freedom to explore things. Maybe it's the freedom to make the app I'm currently working on better and bigger. Um, I don't know, but I, I do know that the type of business I want to create Um, is a business that's one person, maybe two, um, doesn't grow any bigger than that.
It doesn't have a large support burden. Like I don't need to take a laptop with me on vacation. Um, so it can't be anything like, you know, your financial data or. You know, you're code running, uh, in a CI environment, so it can't be any of that stuff. And, um, and that will allow me the freedom, hopefully, to explore the other things I want to explore. Um, you know, like, my wife and I want to, um, open up a coffee shop. Uh, she's a teacher.
We want to Uh, we've talked about doing like, uh, a whole suite of like teacher, the teacher industry is like the education industry is poorly underserved with good stuff. And so I think there's a whole thing around that with good software for teachers and educators. Um, there's just, I have so many ideas. I just, I'm concentrating on the idea that will give me the freedom to explore those other ideas. Um, yeah, I just want to make stuff and put stuff out. That's really all I want to do.
That's what gives me, um, yeah, the biggest satisfaction is just creating stuff. Yeah, It's just having the freedom to explore things. That possibly could make me money. I don't know, but I want to be able to like going back to this whole like software's art thing. Like, I don't want to create a job. I don't want to. And that's that may be part of the reason why it's been so long for me on this journey is because. I'm really enjoying the journey.
Um, and at one point I just, I got to buckle down and say, I got to get this out by, you know, June or whatever. And, um, yeah, that's just, uh, that's, that's when like the consulting and the real world and the money stuff kind of come comes into play.
And that's kind of the thing I want to get rid of is I want to be able to work on cool stuff, fun stuff with the lifestyle I have now, I don't need anything else, I don't want anything else, um, and just enjoy more time with family and friends and things like that. So yeah,
about your dislike for accelerators, how they tend to. Uh, give preference to the people who they have the money to sustain themselves so they can go off and they can do this several week accelerator for no pay to build the skills and then go get a job doing something. The, the single person, the bootstrapped. Products group of us are kind of the same way. It's where we can't do the accelerators.
We can't take the time off because we still have to feed our family stuff to put the roof over our head. So we end up doing the consulting and all the other stuff on the side. And it takes us away from the real thing that we want to do. I think the place I want to be is I have friends who are the single, single owner, SAS companies who worked a tireless job for 10 years and they put everything they had away in the bank.
They made, they put investments away and now they're in a position where they say, all right, I'm going to take. A chance on me and I'm going to take six months and just work on my thing. And if it works, it works. If it doesn't, the worst case scenario is I go back to a job. Um, it's a
think that would be fun for those six months. Um, I even contemplating on doing that. And actually I've, I've been trying to like take the summers off. Cause again, my, my wife's a teacher. It would be awesome, amazing if I could take June to beginning of August off. Um, and I actually kind of sort of did that last year. Um, and so.
Um, I, I don't think, yeah, I, I think that sounds amazing, but at the end, if you didn't get to where you want to be giving yourself just six months, actually a is for three months or a year is kind of, do things do not work that fast. If they work that fast, you're like a, you know, one in a billion company. Um,
lot of cases, it's the, the products that maybe 75%, so the, the nights and weekends, and it really needs that full time push that marketing that polish and That's the type of work you can't do on nights and weekends. It's, it needs to be, you know, every day of the week. And it makes a lot of sense to say, all right, if I'm going to give this product the best chance it has, I have to go all in on it.
And I think thankfully that half a dozen or so friends I know personally, who have done that have seen success at various degrees.
Yeah,
So there's something to be said, but it's, I think to come back to the parallel, I wanted to say it, you have the people that try to bootstrap it and we, we still have to live within our means and we have to keep income coming through various ways, but then you have the people who get the venture capital and say, Oh, here's just a, here's a paycheck for nothing. And. All right. Just go off and work on your dream and you just sell off 30 percent of it or 40 percent of it or more.
yeah, I, yeah, I'm also very against VC in most cases. The stakes change, right? Even if you get VC, like your stakes change, the thing that you have to create now is a hundred X what you or I, or anybody can, can, can make, can do to make a really good living, like Kyber is a really good example, like they were making 50 K a month. Like, that's what I want, right? And that's nothing to an investor, but, you know, how many people can go from, you know, that to a unicorn? There's not that many.
Um, yeah, so I'm, I'm, I'm anti VC as well, but going back to that little six month thing, like, that's the position I'm in right now. Like, I could use, like, three weeks.
Yeah.
And the launch and everything that I have in my head would be amazing. So that is kind of one thing I'm trying to navigate with my client. I would love to say, Hey, listen, guys, I'll be back in four weeks. I'll be back next month. Just give me this month. And, um, um, I think they would be open to it. It's just not a good time right now for that, for my client. It's just, you're in the middle of a crazy, crazy launch and things like that. So that,
want to be respectful of, of everyone's timelines and
yeah, well, a, and then B the. I mean, they're going to probably say no.
yeah.
And I like the idea of having something to fall back on. Um, not, not fall back on, but you know, that like, if I just said, okay, I'm gonna give myself six weeks and I don't know what's going to happen next. Uh, the thing that I'm working on would not take six weeks. It would take whatever I would need a certain deadline, like saying four weeks. And you have to start this new thing, right? Whatever this new thing is that takes up your time.
You can't work on your, your thing that you're working on now, unless some, you know, unless it goes extremely well, that's kind of more of a situation I would love to be in, you know, anyway.
Well, Jamie, we've been rambling for almost an hour now, so I think it's about time you wrap things up. Uh, Any final words for anyone out there listening that wants to be just like Jamie when they grow up?
Um, yeah, don't do that. Um, also, uh, just do just try stuff, create stuff. And don't listen to quote unquote, the experts, like, don't listen to Kevin. Um, no, what I, what I mean
I'm not an expert, so definitely don't listen to me.
what I mean by that is there's a lot of these industry, a lot of people go out and have one successful product and they'll come back and they'll start like, you know, a thing to help other developers. And they always have like these, you know, tips, you gotta do this. You gotta do that. You gotta do this. Don't listen to any of that, man. Like these.
These people that just have one successful product, they believe, a lot of them, that you can just cookie cutter that, and that's how, bada bing, bada boom, you get money. Nobody knows the rules, man. Nobody knows the rules. Nobody, everybody tries stuff that's, um, out of the box, and then when it's not out of the box, then it becomes mainstream. Yeah, just try stuff and have fun with it. That's my, that's my main, uh, and the money will, will come, will come.
If you're diligent enough and you're, um, you keep working on the thing and you're passionate about it, the money, the money is going to come, as long as you're having fun.
Nothing else we can say after that. Jamie, thanks so much for hanging out with us today. And everyone else, thanks for listening to the multi threaded income podcast. We'll see you again next time.
Thank you. Thanks for having me.
You've been listening to the multi threaded income podcast. I really hope that this podcast has been useful for you. If it has, please take a moment to leave a review wherever you get your podcast from. And don't forget the conversation doesn't stop here. Join us on our discord at mti. to slash discord. I've been your host Kevin Griffin and we'll see you next week. Cha ching!
