Hope you had a great week!
This week, I want to share how much money I'm spending on Ops Hacks.
One misconception I had before starting Ops Hacks was that it takes a fair bit of money to create and run an online business. I think there's probably a fair amount of people out there who still think that way. So hopefully, by sharing the numbers behind the operation, I can encourage more people to start their own passion project.
(Please note that all figures are in USD)
To get Ops Hacks up and running, I had to buy the domain. It was already owned by someone else, so I had to pay a small premium to buy it off them.
Domain purchase = $280
Domain transfer-in fee = $7.95
I bought a website template on Webflow to expedite the process of setting up the site. (I shared more about this decision in this post)
Webflow Template = $79
Lastly, there are a couple pieces of software for general productivity that I use across personal and professional use cases.
Setapp (Suite of productivity apps for Mac) = $67.66
Switchy (Link shortener) = $39
The total could theoretically have been as low as $5.98 if I had just bought an unclaimed domain on a cheap domain seller, like Namecheap and not bothered with a nice-looking template and other ancillary software.
To run a site + newsletter + community without any technical knowledge, I've had to stitch together a few SaaS tools.
Below is a list of all the tools I use and how much I pay for them (if any):
Google Workspace (for email and docs): $7.14 per month
Webflow (for website build + hosting): $20 per month
Airtable (for user application and CRM): $12 per month
Mailerlite (for email campaigns): $10 per month
Integromat (for automations and connecting all the tools): $9 per month
Tally (application form): Free
Slack (community + notifications): Free
Whimsical (flowchart / process management): Free
Obsidian (content management and note taking): Free
LinkedIn + Twitter (passive marketing): Free
Buffer (social media management): Free
So it costs just under $60 on a monthly basis to run Ops Hacks. As it scales, these costs will go up but not by much.
So there you have it. It doesn't cost very much to get a project up and running these days. (It does, however, take a lot of time and willpower.)
Hope you found this breakdown useful - let me know by replying to this email (I make sure to read every email).