A lot has been written about Plenty of Fish and its founder, Markus Frind (great job on the PR, Markus), but we thought this article covered some new ground, which is why we republished it here. Enjoy.
Before we get to the article, let me address one thing:
Some of you may be wondering why we republish articles and blogs here. The reason is that we want to share some of the things that we — an early stage bootstrap startup — find interesting and useful.
Maybe you’re a trendsetter or blogger, maybe an entrepreneur or investor, or maybe you’re just killing time. Either way, we think you’ll find something you like.
Oh yeah, you can also use our blog to follow BuzzPal’s developing story. Just signup for the RSS feed or email subscription.
Now on to the New York Times article:
January 13, 2008
From 10 Hours a Week, $10 Million a Year
By RANDALL STROSS
MARKUS FRIND, a 29-year-old Web entrepreneur, has not read the best seller “The 4-Hour Workweek” — in fact, he had not heard of it when asked last week — but his face could go on the book’s cover. He developed software for his online dating site, Plenty of Fish, that operates almost completely on autopilot, leaving Mr. Frind plenty of free time. On average, he puts in about a 10-hour workweek.
For anyone inclined to daydream about a Web business that would all but run itself, two other details may be of interest: Mr. Frind operates the business out of his apartment in Vancouver, British Columbia, and he says he has net profits of about $10 million a year. Given his site’s profitable advertising mix and independently verified traffic volume, the figure sounds about right.