Money does not mean if you do not have passion. WooThemes cofounder. If you lose the passion, then it becomes boring.
WordPress market is unbelievable. Talk a little bit disturbing.
Make money: products and services. Has done both. Online passive income model. If you do only for money, it does not work. But you have to keep your customers happy.
How do you make one million?
It starts with your reputation. He says of himself that he is arrogant began. That annoyed people. He now understands how important reputation is. You do not need to be friends with anyone, or agree with everyone. But your reputation is important.
That you are accessible, that happens to you that not only there for the money are doing. That adds something.
That is because the ‘free spirit’ or WordPress. Contributing, being Involved.
Freelancing: a less public eye. Themes, plugins: reputation is important because then the WordPress community. The community.
Chris Pierson always seemed like a loner, he pulled off a Successful wp reputation without being part of the community. No other examples.
Services: you work with one client.
Products: sold for a thousand + people, all have an opinion.
Yields different choices and problems.
Free themes / plugins: marketing channel (get paid custom development work)
Free themes / plugin: paid add ons (wp e-commerce)
Free themes / plugins: advertising revenue (links etc.: flimsy)
Free Download: Updates and paid support (freemium)
Paid download, support and updates
Integrated web app / 3rd party service (vault press)
Important: how to differentiate yourself? WooThemes says, features and customizability. Avoiding code bloat. Scalability. Well – it’s mostly to sell itself. The more features you – people will find out how NOT to get working. No standard recipe.
Benefits of standardization: users can help each other, with the result that less time spent on support. With choices of scalability features is important. Are they breaking? Do they need support?
Plugins harder to earn money, there are so many fantastic which are free … Do you really, really good. And a breech.
SUPPORT is central to success. Automate as much support as possible. FAQ’s necessary. Support Policy & Limitations: In the forum you can avoid the same question answered every time.
The rest of money is a matter of standard business practices and marketing.
GPL compliant? Yes – took a while, but now. You have to respect the community.