Ask HN:Is it actually possible to earn money online?
etherael: This is more a question along the lines of the above but with a specific example. Tferris' 4Hww, for those that haven't yet read it, the basic process is this;Build an end to end business in which you control the distribution channels for a product that has high demand as evidenced by various keyword search tools, then outsource all the parts of that business so you're just pulling the strings of everyone else and they're making money for you.Aim for price point per product of 50-200$ and 8-10 markup on initial costs to cover both your outsourced operating expenses as well as a significant profit for yourself, then minimise your personal cost of living and maximise your quality of life by employing various other strategies.It sounds in principle, plausible, however.. markup of 8 - 10 times per item? Those margins seem extremely high, I understand that they're being maintained by virtue of you controlling the entire distribution chain + having picked a niche which has significant demand and not high competition, but still?I figure someone here has at least tried it? Enlightenment appreciated.