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Monthly update for @NotionForms π
#openstartup #buildinpublic
π΅ $13,7k MRR (+13%)
π¦ $15.2k gross volume (+14%)
π£ 2211 new users
π 2543 new forms
π©βπ» 778 total customers (+8.6%)
πΈ 5.4% churn rate
π 68k unique visitors (-5%)
#openstartup #buildinpublic
π΅ $13,7k MRR (+13%)
π¦ $15.2k gross volume (+14%)
π£ 2211 new users
π 2543 new forms
π©βπ» 778 total customers (+8.6%)
πΈ 5.4% churn rate
π 68k unique visitors (-5%)
September was the best month so far in terms of absolute MRR value added with +$1,630!
Churn is still decreasing every month π
Churn is still decreasing every month π
Chirag and I didn't ship a lot of code for NotionForms as we're mostly busy with the new open-source form builder (more info soon).
Some things we did:
- Added support for "Status" Notion type
- New select component
- Speed improvements (query optimization)
- Bug fixes
Some things we did:
- Added support for "Status" Notion type
- New select component
- Speed improvements (query optimization)
- Bug fixes
πMicrostartups Revenue down by 45% from last month but it increased by 96% from the last quarter during COVID, a positive side.
Sharing August monthly stats π for my microstartups as part of #openstartup movement
detailed stats π§΅π
Sharing August monthly stats π for my microstartups as part of #openstartup movement
detailed stats π§΅π
1/ Looks like travel is picking speed, I doubt it will go back to previous heights anytime soon but the uptrend is always a good sign!
2/ Last month I have built a Travel restrictions finder to see where you can travel safely if you want to scratch that itch.
visalist.io/travel/restricβ¦
visalist.io/travel/restricβ¦
β¨I have crossed $10k monthly revenue for the first time in 3 years. A new milestone in my indie hacker journey. π
Sharing July monthly stats π for my microstartups as part of #openstartup movement
detailed stats inside π§΅π
Sharing July monthly stats π for my microstartups as part of #openstartup movement
detailed stats inside π§΅π
visalist.io was making around $7k monthly and i was on a roll back in February before the pandemic happened and hit everyone, especially the travel industry. The revenue was falling freely till last month where it slowly recovered.
I wanted to take a break from visalist in January to work on simpleops.io but because of the pandemic, i ended up working on coronavirus tracker for a while. I launched it in july and o boy, i never expected this! Got 25+ paying customers for SaaS during first month π€©
Reflecting on 2 years Bootstrapping.
In July 2018 I quit my job and tried to build a profitable SAAS with @kevinsahin.
And we failed, hard: $600 MRR after 1 year.
We tried again and had a bit more luck: $75k ARR within 12m.
Here's what I wish I knew when I began, a thread:
In July 2018 I quit my job and tried to build a profitable SAAS with @kevinsahin.
And we failed, hard: $600 MRR after 1 year.
We tried again and had a bit more luck: $75k ARR within 12m.
Here's what I wish I knew when I began, a thread:
1. This thing takes time
Bootstrapping a SAAS is long, very long.
Of course, you'll hear about fast growth but real overnight successes are very rare.
Most of the time, when you look behind you'll find:
- years of building an audience
- several failed attempts
- consistency
Bootstrapping a SAAS is long, very long.
Of course, you'll hear about fast growth but real overnight successes are very rare.
Most of the time, when you look behind you'll find:
- years of building an audience
- several failed attempts
- consistency
Example 1: look at the @convertkit growth chart, one of the most successful #openstartup projects of all-time.
Monthly revenue stalled between $1k and $3k during the first 18 months.
They are now at $1.9m MRR!
Monthly revenue stalled between $1k and $3k during the first 18 months.
They are now at $1.9m MRR!
Month on Month growth decreased for the first time in last 15 months of Visa List.
πΈ $3,838 Monthly Revenue (-50%)
π οΈ $80 Monthly Cost (50%)
π¦ 928K pageviews (-7%)
π₯ 295K MAU (-28%)
π 3.3M Search Impressions (-18%)
visalist.io/open
#openstartup #IndieHackers
πΈ $3,838 Monthly Revenue (-50%)
π οΈ $80 Monthly Cost (50%)
π¦ 928K pageviews (-7%)
π₯ 295K MAU (-28%)
π 3.3M Search Impressions (-18%)
visalist.io/open
#openstartup #IndieHackers
I have been working on coronavirus tracker, even though it doesn't generate any actual revenue, gives me satisfaction that I'm doing my small bit.
Also all the pro features in Visa List are free to use for a month keeping #COVID19 in mind.
visalist.io/emergency/coroβ¦
Also all the pro features in Visa List are free to use for a month keeping #COVID19 in mind.
visalist.io/emergency/coroβ¦
I see the trand to continue for atleast this quarter. Probably things might look good for the next quarter.
More than the revenue dip, personally I miss my travels.
More than the revenue dip, personally I miss my travels.
1/ "Hardcore Year" (rchase.com)
MRR in July:
ββββββββββββββββ $9,109 of $8,333 goal (109%)
Totals
@hostifi_net $8,463
@ghostifi_net $361
@locklinnetworks $125
@captifi_net $147
@patreon $13
I reached my goal for the year! π₯πΎ
Details in thread π
MRR in July:
ββββββββββββββββ $9,109 of $8,333 goal (109%)
Totals
@hostifi_net $8,463
@ghostifi_net $361
@locklinnetworks $125
@captifi_net $147
@patreon $13
I reached my goal for the year! π₯πΎ
Details in thread π
2/ π΅ $11,825 profit
Gross rev was $15,985 - expenses of $4,160
Expenses this month
@Vultr $2,452
@Stripe $644
FB Group Ad $250
Assistant $232
Affiliates $135
@GoogleAds $120
@DigitalOcean $114
@getRewardful $59
@Intercom $49
@Postmarkapp $16
@Termius $10
Other $59
@ChartMogul
Gross rev was $15,985 - expenses of $4,160
Expenses this month
@Vultr $2,452
@Stripe $644
FB Group Ad $250
Assistant $232
Affiliates $135
@GoogleAds $120
@DigitalOcean $114
@getRewardful $59
@Intercom $49
@Postmarkapp $16
@Termius $10
Other $59
@ChartMogul
3/ βοΈ@hostifi_net
July 2019 #openstartup update
π΅Gross $15,631
π°MRR $8,463 (+19%)
πUniques 5,587
πPaid subscribers 390
π₯οΈServers 448
π€Free plan users 1,986
π§Mailing list 1,571
@ubnt devices total 18,612
New
πUpdated 336 #UniFi servers from v.5.10.24 to .25
July 2019 #openstartup update
π΅Gross $15,631
π°MRR $8,463 (+19%)
πUniques 5,587
πPaid subscribers 390
π₯οΈServers 448
π€Free plan users 1,986
π§Mailing list 1,571
@ubnt devices total 18,612
New
πUpdated 336 #UniFi servers from v.5.10.24 to .25
1/ "Hardcore Year" (rchase.com)
MRR in June:
ββββββββββββββββ $7,709 of $8,333 goal (92%)
Totals
@hostifi_net $7,124
@ghostifi_net $304
@locklinnetworks $125
@captifi_net $147
@patreon $9
184 days left to reach $8,333 MRR
Details in thread π
MRR in June:
ββββββββββββββββ $7,709 of $8,333 goal (92%)
Totals
@hostifi_net $7,124
@ghostifi_net $304
@locklinnetworks $125
@captifi_net $147
@patreon $9
184 days left to reach $8,333 MRR
Details in thread π
2/ π΅ $7,607 profit
Gross rev was $10,580 - expenses of $2,973
Expenses this month:
@Vultr $2,106
@Stripe $431
@GoogleAds $120
@DigitalOcean $114
@getRewardful $79
@Intercom $49
@ScreenConnect $24
@QuickBooks $20
@WIP $20
@postmarkapp $10
cc: @startupcosts @ChartMogul
Gross rev was $10,580 - expenses of $2,973
Expenses this month:
@Vultr $2,106
@Stripe $431
@GoogleAds $120
@DigitalOcean $114
@getRewardful $79
@Intercom $49
@ScreenConnect $24
@QuickBooks $20
@WIP $20
@postmarkapp $10
cc: @startupcosts @ChartMogul
3/ βοΈ @hostifi_net
June 2019 #openstartup update
π΅Gross $10,102
π°MRR $7,124 (+13%)
πUniques 2,604
πPaid subscribers 322
π₯οΈServers 378
π€Free plan users 1,197
π§Mailing list 1,571
@ubnt devices total 14.8k
New
πUpdated 276 #UniFi servers v.23 to v.24
June 2019 #openstartup update
π΅Gross $10,102
π°MRR $7,124 (+13%)
πUniques 2,604
πPaid subscribers 322
π₯οΈServers 378
π€Free plan users 1,197
π§Mailing list 1,571
@ubnt devices total 14.8k
New
πUpdated 276 #UniFi servers v.23 to v.24
#OpenStartup report for May
MRR: $8797 (+$1610)
Organic Traffic: 2553 (+886)
New Trials: 173 (+15)
Milestone: $100k ARR! π
More info π
unindie.com/open
MRR: $8797 (+$1610)
Organic Traffic: 2553 (+886)
New Trials: 173 (+15)
Milestone: $100k ARR! π
More info π
unindie.com/open
Another solid month of growth for the Closet Assistant. When you have a product that's growing like this it's hard to comprehend how it's all happening.
My goal (back in January) was to hit $10k by the summer. Another month like this one, and that will be reached!
My goal (back in January) was to hit $10k by the summer. Another month like this one, and that will be reached!
This month I wrote 0 lines of code, and 0 articles for content marketing. It was somewhat of a test to see if it would keep growing without too much effort.
It was the best month yet.
Now, I don't think it will always grow without some improvements, but I think it's a sign.
It was the best month yet.
Now, I don't think it will always grow without some improvements, but I think it's a sign.
1/ "Hardcore Year" (rchase.com)
MRR in May:
ββββββββββββββββ $6,835 of $8,333 goal (82%)
Totals
@hostifi_net $6,293
@ghostifi_net $266
@locklinnetworks $125
@captifi_net $147
@patreon $4
214 days left to reach $8,333 MRR
Details in thread π
MRR in May:
ββββββββββββββββ $6,835 of $8,333 goal (82%)
Totals
@hostifi_net $6,293
@ghostifi_net $266
@locklinnetworks $125
@captifi_net $147
@patreon $4
214 days left to reach $8,333 MRR
Details in thread π
2/ π΅ $5,992.64 profit
Gross rev was $8,532 - expenses of $2,539.36
Here is a look at those expenses this month:
@Vultr $1,831.82
@Stripe $374.54
@GoogleAds $120
@DigitalOcean $100
@Intercom $49
@ScreenConnect $24
@QuickBooks $20
@WIP $20
cc: @startupcosts @ChartMogul
Gross rev was $8,532 - expenses of $2,539.36
Here is a look at those expenses this month:
@Vultr $1,831.82
@Stripe $374.54
@GoogleAds $120
@DigitalOcean $100
@Intercom $49
@ScreenConnect $24
@QuickBooks $20
@WIP $20
cc: @startupcosts @ChartMogul
3/ βοΈ @hostifi_net
May 2019 #openstartup update
π΅Gross $8,010
π°MRR $6,293 (+18%)
πUniques 4,259
πPaid subscribers 285
π₯οΈServers 338
π€Free plan users 1k
π§Mailing list 1,521
@ubnt devices total 13.6k
New
πUpdated 247 #UniFi servers v.21 to v.23
May 2019 #openstartup update
π΅Gross $8,010
π°MRR $6,293 (+18%)
πUniques 4,259
πPaid subscribers 285
π₯οΈServers 338
π€Free plan users 1k
π§Mailing list 1,521
@ubnt devices total 13.6k
New
πUpdated 247 #UniFi servers v.21 to v.23
April was π₯. Another month, another #openstartup report.
As of April 22, I officially make more money on the side then at my job. π€―
More info: jmo.fyi/open
Things to focus on for April: Funnel tracking. More content. More features. Courses.
As of April 22, I officially make more money on the side then at my job. π€―
More info: jmo.fyi/open
Things to focus on for April: Funnel tracking. More content. More features. Courses.
I did some content marketing efforts this month (my organic clicks were starting to dip).
I wrote two articles:
- closet.tools/poshmark-tips
- closet.tools/poshmark-30-miβ¦
The second one surprised me π
I wrote two articles:
- closet.tools/poshmark-tips
- closet.tools/poshmark-30-miβ¦
The second one surprised me π
I wrote and published it just 5 days ago. I was targeting a *very easy* [0 ahrefs difficulty level] 480 searches/month keyword β "poshmark 30 minute method".
I've attached some screenshots of what happened.
Essentially, it ranked in the top 10 that SAME DAY. #3 today.
I've attached some screenshots of what happened.
Essentially, it ranked in the top 10 that SAME DAY. #3 today.
#openstartup Another big month for @ClosetTools. π
MRR: $6078 [+27.7%]
New Customers: 71 [+14.5%]
Organic Clicks: 1729 [+5.94%]
More info: jmo.fyi/open
Things to focus on for April: Content. Stability. Small features.
MRR: $6078 [+27.7%]
New Customers: 71 [+14.5%]
Organic Clicks: 1729 [+5.94%]
More info: jmo.fyi/open
Things to focus on for April: Content. Stability. Small features.
March was a really weird month. Weird in good and bad ways.
I shipped one of the most code-intensive features of my product and my customers LOVE it.
But, I also had a few attempts at people trying to use my code to copy my business. I've decided to mostly ignore them.
I shipped one of the most code-intensive features of my product and my customers LOVE it.
But, I also had a few attempts at people trying to use my code to copy my business. I've decided to mostly ignore them.
My product is an extension of myself. I have features that no other product in the space has, and if people want to try to copy my application, I can come up with more creative ways to provide value.
#openstartup It's March! February was INSANE for @ClosetTools.
MRR: $4,758 [+36.0%]
New Trials: 134 [+39.5%]
New Customers: 57 [+90.0%]
Conversion Rate: 39.4% [+22.5%]
Churn Tate: 22.2% [β10.2%]
Up until this month it was increasing ~$300/month. Last month it increased $1170 π€―
MRR: $4,758 [+36.0%]
New Trials: 134 [+39.5%]
New Customers: 57 [+90.0%]
Conversion Rate: 39.4% [+22.5%]
Churn Tate: 22.2% [β10.2%]
Up until this month it was increasing ~$300/month. Last month it increased $1170 π€―
The majority of this increase was due to shipping some critical features, publishing an official Chrome Web Store version of the app, and an SEO boost. That, and I have built up an 800+ email list of people who have tried the app. Email marketing works, folks!
I took a bit of a break from Twitter for February. I didn't like my relationship with it. I was consuming a lot - and all I was posting was about my successes. I don't like that. I want to actually contribute something valuable to people. Not just show off how much money I make.
Feb 2019 #openstartup report:
Revenue: $3,740
Visitors: 42K
Mailing List: 4K
A reflection on (1) the business & (2) nomad life.
π
Revenue: $3,740
Visitors: 42K
Mailing List: 4K
A reflection on (1) the business & (2) nomad life.
π
(1) THE BUSINESS
Search traffic continues to rise.
There are now many days where the site gets 1k+ visitors from Google Search.
Search traffic continues to rise.
There are now many days where the site gets 1k+ visitors from Google Search.
I tested a slide-out email subscribe CTA - I thought I would NEVER do this.
My email opt-in rate has always been pretty low. The results were phenomenal.
I implemented Feb 19, you can see the massive spike below.
Shoutout @Klaviyo for allowing me to do this so easily.
My email opt-in rate has always been pretty low. The results were phenomenal.
I implemented Feb 19, you can see the massive spike below.
Shoutout @Klaviyo for allowing me to do this so easily.
February has begun, time to give my January @ClosetTools growth stats. #openstartup
Traffic: 2970 [+133.4%]
MRR: $3588 [+13.2%]
New Trials: 97 [+36.6%]
New Customers: 52 [+26.8%]
Conversion Rate: 32.2%
Churn Tate: 24.7%
Let me tell you why January was the best month yet π
Traffic: 2970 [+133.4%]
MRR: $3588 [+13.2%]
New Trials: 97 [+36.6%]
New Customers: 52 [+26.8%]
Conversion Rate: 32.2%
Churn Tate: 24.7%
Let me tell you why January was the best month yet π
There were a few major events.
1. I finished an app for a friend that was only supposed to take a few months and ended up taking 8 months.
2. I shipped an official Chrome extension for the Closet Assistant.
3. I started working on the Closet Assistant 2.0.
1. I finished an app for a friend that was only supposed to take a few months and ended up taking 8 months.
2. I shipped an official Chrome extension for the Closet Assistant.
3. I started working on the Closet Assistant 2.0.
The app that I finished was a Trucking freight app that interfaced with the Box API to manage documents between drivers and dispatchers. As a learning experience it was amazing. As a work life balance, it was a mess. It took way longer than expected. I'm glad I'm done!
1/ My #openstartup and life update...
December 2018:
π΅ Revenue: $3,595
π Uniques: 34,537
βοΈ Mailing List: 3,488
Lots of fun stuff happened this month.
A thread π
December 2018:
π΅ Revenue: $3,595
π Uniques: 34,537
βοΈ Mailing List: 3,488
Lots of fun stuff happened this month.
A thread π
2/ This month started out in Thailand! I flew out to Bangkok and traveled with my mom and sister for two weeks.
Although I enjoyed traveling, it is hard to not work for that long... towards the end I started getting antsy - squeezing in a few hours of work every couple days...
Although I enjoyed traveling, it is hard to not work for that long... towards the end I started getting antsy - squeezing in a few hours of work every couple days...
3/ I got to Chiang Mai mid month (where I am now) and still struggled a bit to adjust. Wasn't sure what to expect... What's the life of a digital nomad like?
Turns out they just work a lot π
Was also lucky to find a few @wip'ers in CM - so that's been nice to have some friends
Turns out they just work a lot π
Was also lucky to find a few @wip'ers in CM - so that's been nice to have some friends
December stats for closet.tools (@ClosetTools) #openstartup
π° MRR: $3,258.89 (+$459.85)
πΆββοΈ New Customers: 44 (+18.9%)
π¨βπ©βπ§βπ¦ Total Active Customers: 105 π
πͺ Churn Rate: 22.5% (+5.7%)
Solid month of growth. Really excited about 2019 π
π° MRR: $3,258.89 (+$459.85)
πΆββοΈ New Customers: 44 (+18.9%)
π¨βπ©βπ§βπ¦ Total Active Customers: 105 π
πͺ Churn Rate: 22.5% (+5.7%)
Solid month of growth. Really excited about 2019 π
I wrote a blog post about some of the features I will be adding next year. I'm hoping to do a 1.0 launch of the assistant in 4-6 months - with a proper Product Hunt launch (I've never done one!). closet.tools/first-year
My SEO stats have stagnated. They're still good, but it has only brought in linear growth. 2019 is about content. Not only for SEO, but for lead-magnets and funnels.
@ClosetTools October Stats #openstartup
π° MRR: $2,379
π Site Visitors: 1,216
πΆββοΈ New Customers: 22
π¨βπ©βπ§βπ¦ Total Active Customers: 82
Honestly, I'm a bit disappointed. Read more π
π° MRR: $2,379
π Site Visitors: 1,216
πΆββοΈ New Customers: 22
π¨βπ©βπ§βπ¦ Total Active Customers: 82
Honestly, I'm a bit disappointed. Read more π
If you've been following along - all of my stats are up. The revenue is growing every month, and more customers have been rolling in. SEO has worked well for me. But, I'm afraid that's made me lazy...
I didn't write a single line of code for the Closet Assistant last month. Or the month before. That's not good. That's not going to sustain growth. That's not success. Why didn't I write any code for the assistant?
Awesome! @Wakefy_app's functionality has just been copied! Not by minor players, but by Spotify and Google themselves! This can only mean I might be onto something with Wakefy!
Just for Android devices, though. Hard to make that work on iOS as far as I know (without forcing users to leave their screen on the whole night). Plus, Wakefy was born with a different use case in mind. But still that's a copy β and only 4 months after Wakefy's launch.
Pattern:
If your product's main functionality is another successful product's lacking feature, chances are they'll just copy your whole product.
Solution:
Don't base your products entirely off another successful product.
If your product's main functionality is another successful product's lacking feature, chances are they'll just copy your whole product.
Solution:
Don't base your products entirely off another successful product.
