$12,107.09? Try $1,937.97 (with Symfony and MT)
July 8th, 2007 § Leave a Comment
Last month, Guy Kawasaki made some ripples about his site Truemors. Guy detailed on his blog the $12,107.09 he spent over ~50 days to get the site operational. The bulk of his costs were:
- $4,500 in software development
- $4,800 in legal fees
- $1,100 on registering 55 domains
- $400 on logo design
Today Joe and I are launching Analyst’s Edge, a user generated news and community site for the finance world. All in, Analyst’s Edge cost roughly $1,937.97 and took about 4 days to build…1/6th of the cost and 1/12th of the time it took Guy to launch Truemors. Our costs:
- $1,920 in software development (2 guys * 4 days * 8 hours a day * $30/hour (our approximate rates if we were on eLance))
- $0 in legal fees (our legal structure was already in place)
- $17.97 on registering 3 domains (analystsedge.com, .net, and .org)
- $0 on logo design
Also, Analyst’s Edge has integrated discussion forums and job boards (jobs can be posted for $150/30 days). Granted we had the legal structure in place and Joe is a whiz with Symfony/Doctrine but if nothing else this illustrates how easy it is to get interesting, interactive, and potentially useful and profitable sites up and running these days. Everything we used was either open source or free, from the server software to the job boards to the analytics package.
We are hosting the site on Media Temple’s Grid-Service and are using their MySQL GridContainer.
Let us know what you think!
http://www.analystsedge.com
and if you Digg…
