Comments on: Friday Entrepreneurs: Brandon McNamara, Biz BookTalk http://www.iwillteachyoutoberich.com/blog/friday-entrepreneurs-brandon-mcnamara-biz-booktalk/ Personal finance blog for college students, recent graduates and everyone else -- including entrepreneurship -- for getting rich. Featured in the Wall Street Journal and New York Times. Fri, 19 Mar 2010 01:04:52 -0700 http://wordpress.org/?v=abc hourly 1 By: Stephanie http://www.iwillteachyoutoberich.com/blog/friday-entrepreneurs-brandon-mcnamara-biz-booktalk/comment-page-1/#comment-2695 Stephanie Mon, 23 Oct 2006 15:43:35 +0000 http://www.iwillteachyoutoberich.com/blog/friday-entrepreneurs-brandon-mcnamara-biz-booktalk#comment-2695 Nice to see a fellow Upstater doing things like this! Nice to see a fellow Upstater doing things like this!

]]> By: Brandon http://www.iwillteachyoutoberich.com/blog/friday-entrepreneurs-brandon-mcnamara-biz-booktalk/comment-page-1/#comment-2694 Brandon Mon, 14 Aug 2006 17:19:50 +0000 http://www.iwillteachyoutoberich.com/blog/friday-entrepreneurs-brandon-mcnamara-biz-booktalk#comment-2694 <b>Answer to Wayne's question</b>: <br /> My web hosting fee was $90 for the whole year. I paid the full amount up front, not month by month. I figured if I put the $90 down that it would force me to be committed to executing the idea, which it did. <b>The end result is creating something in value which in my eyes is worth way more than $90 dollars </b> (the experience , books, learning opportunity )! <br /> A standard opportunity cost analysis is needed. Will the $$ spent on hosting the web app be worth it to you? Sometimes it's hard to put dollar values on non-tangible items. <br /> If you are working on the web app, but don't want to pay for hosting fee's, how will you ever find out if it will be successful? Why don't you shop around find the best price and use that to barter with other companies? Answer to Wayne’s question:

My web hosting fee was $90 for the whole year. I paid the full amount up front, not month by month. I figured if I put the $90 down that it would force me to be committed to executing the idea, which it did. The end result is creating something in value which in my eyes is worth way more than $90 dollars (the experience , books, learning opportunity )!

A standard opportunity cost analysis is needed. Will the $$ spent on hosting the web app be worth it to you? Sometimes it’s hard to put dollar values on non-tangible items.

If you are working on the web app, but don’t want to pay for hosting fee’s, how will you ever find out if it will be successful? Why don’t you shop around find the best price and use that to barter with other companies?

]]> By: Kimber http://www.iwillteachyoutoberich.com/blog/friday-entrepreneurs-brandon-mcnamara-biz-booktalk/comment-page-1/#comment-2693 Kimber Mon, 14 Aug 2006 12:22:43 +0000 http://www.iwillteachyoutoberich.com/blog/friday-entrepreneurs-brandon-mcnamara-biz-booktalk#comment-2693 I love the reaction from family. I get that all the time. Why can't I just work at a regular job like everyone else? They don't understand. I love the reaction from family.

I get that all the time. Why can’t I just work at a regular job like everyone else?

They don’t understand.

]]> By: Wayne http://www.iwillteachyoutoberich.com/blog/friday-entrepreneurs-brandon-mcnamara-biz-booktalk/comment-page-1/#comment-2692 Wayne Sun, 13 Aug 2006 13:08:52 +0000 http://www.iwillteachyoutoberich.com/blog/friday-entrepreneurs-brandon-mcnamara-biz-booktalk#comment-2692 I have a question for Brandon: When you first started out, how did you plan on recovering costs of say hosting the website? The reason I ask is that I am working on a web app but don't really want to pay for hosting as the monthly fees would be more than if you were to put up a regular web page. I have a question for Brandon:

When you first started out, how did you plan on recovering costs of say hosting the website? The reason I ask is that I am working on a web app but don’t really want to pay for hosting as the monthly fees would be more than if you were to put up a regular web page.

]]> By: Brandon http://www.iwillteachyoutoberich.com/blog/friday-entrepreneurs-brandon-mcnamara-biz-booktalk/comment-page-1/#comment-2691 Brandon Sat, 12 Aug 2006 03:01:12 +0000 http://www.iwillteachyoutoberich.com/blog/friday-entrepreneurs-brandon-mcnamara-biz-booktalk#comment-2691 Ramit - I appreciate it! I've already received some great feedback and interest from others to join the team. Thanks for everything. If there is anything that you need in the future please contact me! Talk to you soon. Brandon Ramit -

I appreciate it! I’ve already received some great feedback and
interest from others to join the team. Thanks for everything. If there is anything that you need in the future please contact me! Talk to you soon.

Brandon

]]> By: Brad http://www.iwillteachyoutoberich.com/blog/friday-entrepreneurs-brandon-mcnamara-biz-booktalk/comment-page-1/#comment-2690 Brad Sat, 12 Aug 2006 02:12:47 +0000 http://www.iwillteachyoutoberich.com/blog/friday-entrepreneurs-brandon-mcnamara-biz-booktalk#comment-2690 Great post. I just discovered your blog last night but I'm looking forward to reading more. Thanks for the great stuff! Great post. I just discovered your blog last night but I’m looking forward to reading more.

Thanks for the great stuff!

]]> By: Ramit Sethi http://www.iwillteachyoutoberich.com/blog/friday-entrepreneurs-brandon-mcnamara-biz-booktalk/comment-page-1/#comment-2689 Ramit Sethi Fri, 11 Aug 2006 20:04:15 +0000 http://www.iwillteachyoutoberich.com/blog/friday-entrepreneurs-brandon-mcnamara-biz-booktalk#comment-2689 Ah, I'm dumb. Thanks, fixed. Ah, I’m dumb. Thanks, fixed.

]]> By: Mike http://www.iwillteachyoutoberich.com/blog/friday-entrepreneurs-brandon-mcnamara-biz-booktalk/comment-page-1/#comment-2688 Mike Fri, 11 Aug 2006 19:56:13 +0000 http://www.iwillteachyoutoberich.com/blog/friday-entrepreneurs-brandon-mcnamara-biz-booktalk#comment-2688 Nice writeup. The link to his site is broken. You forgot the http:// in the URL in the a href. Keep 'em coming. Nice writeup. The link to his site is broken. You forgot the http:// in the URL in the a href.

Keep ‘em coming.

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