The Pay Day Paradox: When Connected Dots Create Hidden Value
"Connect the dots" is startup advice you would have heard already. But this story is about something you probably haven't heard of: recognizing when those connected dots have created unexpected value...
After graduating from IIT, I landed one of the highest placements in my batch.
But while I was working a full-time job, my first startup earned me ₹2 lakhs a month in passive income back in 2006.
Little did I know, it all began back in college with a ‘technical report’ assignment.
Everyone treated it as a formality, copy-paste from the internet, submit, and forget. But for some reason, I decided to go all in.
I spent a month researching wireless networks: Wi-Fi, Bluetooth, and cutting-edge tech.
I compiled everything into a detailed report.
At the time, I remember thinking, “What’s the point? It’s just a grade.”
Fast forward to my first job…
I was working at a tech company, but the entrepreneurial itch was still there.
That’s when I reconnected with a college friend - Amit, who was a Linux wizard.
We decided to build a website part-time. And monetise using Google Adsense, which had just launched.
The question was: What content do we use?
Then it hit me. That ‘pointless’ report I’d written in college? It was perfect.
We turned it into a website, did some SEO marketing, and soon started making ₹5 a day.
It wasn’t much, but it was free money.
Over the next month or two, we scaled it to ₹40 a day (enough for free coffee)
Universities in the US started linking to our site, and Google loved the backlinks.
The business model was straightforward but effective. We created comprehensive, technical guides backed by research, and monetized the site through Google AdSense and Affiliate partnerships
In an year, it hit ₹2 lakh a month. This wasn’t just passive income, it was freedom.
It gave me the cash flow I needed to quit my job and focus on building ReviewGist full-time.
Without that safety net, I might never have taken the leap.
Looking back, that ‘pointless’ college project didn’t just fund my startup, it taught me a valuable lesson:
Sometimes, the dots connect in ways you can’t foresee.
If you’re working on something that feels insignificant today, don’t dismiss it.
You never know where it might lead.
But, this is just half of the story. And you have already heard about dots connecting. The bigger insight is still to come.
Because our site was doing so well, we started hiring content writers to write content for us.
And we paid them triple the market rate, because we wanted to focus on quality, and because we could afford to.
One of these writers was an enterprising IIT Graduate himself. He was curious- how could we afford to pay so high ?
So he dug in. Figured out the business. And started something similar himself.
Over the years he scaled that business up and ‘semi-retired’ on that money.
Amit and Myself - didn't want to run a content business. So we moved on. But maybe we shouldn’t have.
My college report connecting to our content business illustrates how seemingly unrelated work can create value later. But there's a crucial second lesson here about recognizing value once those dots connect.
While I was focused on connecting the dots forward—using our content site's success to fund ReviewGist—I missed an opportunity to maximize the value of those connections. The site that began as a "pointless" college project became valuable enough that someone else built a career on the same model.
Founders, as a rule of thumb, should expect to get paid once every decade. When that 'Pay Day' happens, recognize the scarcity of that event and plan accordingly.
Pay Days come in many forms: a profitable side project, an acquisition offer, a surge in revenue, or even intellectual property that could be licensed.
The key is to recognize them when they appear and extract maximum value—whether that means reinvesting, saving aggressively, or using that financial stability to take your next big risk.
A Pay Day isn't just about the money—it's about recognizing opportunity. For us, that content site was a Pay Day we didn't fully appreciate. While building ReviewGist was my passion, the content business was generating reliable cash with minimal effort. In hindsight, scaling that asset might have been smarter than simply walking away.