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Earlier quoted context omitted.
Just curious, did you go about setting up a formal corporation for the product? I'm thinking about setting up my own SaaS product and I'm not sure if I need to do anything on the legal/business side.
Just use Stripe Atlas. I've been very happy with them.
Key Values ( https://www.keyvalues.com ) is a one-woman show (oh hi!). I started Key Values as a side project two years ago, but it quickly turned into my full-time passion and business. I'm doing ~$30k/month and it's almost all profit since I don't have an office or any employees. I recently talked to Courtland of Indie Hackers (already mentioned in the comments) about how I got here: https://www.indiehackers.com/po…
So how are you monetizing it? Is it ads or paid job advertisements or something else?
Having a contingency model is definitely the more lucrative path, but I'm against it for two reasons: (1) I'm a dev, not a recruiter, and (2) I think placements fees are part of what's broken in recruiting. The incentives are misaligned among recruiters, candidates, and employers when recruiters only want to place someone just long enough to hit the 90-day mark.
Today 3+ years later it's a three person team. Maybe in another year I can have reasonable work life balance again. Maybe.
Earlier quoted context omitted.
Just curious, did you go about setting up a formal corporation for the product? I'm thinking about setting up my own SaaS product and I'm not sure if I need to do anything on the legal/business side.
I wouldn't set up a corporation until you have either a reasonable amount of cash coming in or someone ready to give you a check. After that, I'd start with an LLC in your home state, unless you think there's a chance you'll take outside investment. If you do, conversion to a Delaware C-corp costs around $10K in legal fees.
Earlier quoted context omitted.
Just use Stripe Atlas. I've been very happy with them.
Stripe Atlas is awesome for C corps, which is great if you plan to raise outside capital. If you plan to bootstrap, you're better off creating an LLC in your home state. Atlas only offers LLC's in Delaware.
I run Pinboard by myself and make about $250K/year in revenue, with 97K expenses.
Mind you, it isn't a side project -- this has been my full time job for a dozen years. Starting a successful SaaS company as a side project is much harder.
VoIP Spear is a service for people who use VoIP. It monitors your Internet connection and alerts when you have a call quality issue.