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Ask HN: Single Person startup/company?

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81–90 of 399 posts

Re: Ask HN: Single Person startup/company?

#81

Just hit $1 million/year in sales :) About 20 years ago wrote a scratch-my-itch B2B desktop software for Windows. Side project for 10 years which is how long it took to reach about $120K to make the switch to full time. Added features and increased price accordingly. Hired a few more people. Growth is slow but steady. Yearly renewable support contracts are the secret. Coding is easy, marketing is hard. Persistence, p…

Curious what your average sale price is?

Re: Ask HN: Single Person startup/company?

#83

I launched a suite of farm business software tools 3 weeks ago at http://harvestprofit.com . 8 customers and approx $8k ARR so far. Price point is high enough where it's not likely a quick purchase but too low for an inside sales team. I'm working hard on content marketing to build trust in the market place to drive user growth while keeping my team small (just me so far)

How'd you go about getting those 8 initial customers?

Re: Ask HN: Single Person startup/company?

#84

Earlier quoted context omitted.

Ouch! That is really high for just that. Must have been some really one-off stuff for the transfer. Edit to add: I guess it really isn't that high at that rate. It made me curious as to what we paid for similar services at the same rate so I had to go check. Ours came in at just about $4000. The TOS/EULA/privacy policy are what ate into ours.

I thought it was high too, I was expecting ~3k. Apparently the terms alone took them 6 hours haha.. pretty boilerplate stuff I'm sure, oh well, next time I'll try and push for faster results if they want the business

You could try asking for a fixed price for the terms of service too. That sort of work is pretty easy for the lawyers to estimate so they might be willing to go flat rate.

Re: Ask HN: Single Person startup/company?

#85

Earlier quoted context omitted.

Ouch! That is really high for just that. Must have been some really one-off stuff for the transfer. Edit to add: I guess it really isn't that high at that rate. It made me curious as to what we paid for similar services at the same rate so I had to go check. Ours came in at just about $4000. The TOS/EULA/privacy policy are what ate into ours.

I thought it was high too, I was expecting ~3k. Apparently the terms alone took them 6 hours haha.. pretty boilerplate stuff I'm sure, oh well, next time I'll try and push for faster results if they want the business

Yeah, our bill without the terms was just about $1500. The terms, privacy, and eula killed us.

Re: Ask HN: Single Person startup/company?

#86
I too was very inspired by the Pinboard numbers, and this story and others have inspired me to start my own business.

I'm running a booking system SaaS (https://zapla.co) which basically allows embeddings a booking widget in any website. It's currently generating $1100 MRR after ~18 months in business. It's a solo side-business as of now, but I'm hoping for it to become my primary business.

Re: Ask HN: Single Person startup/company?

#87

I run Are You Watching This?!, a B-to-B sports excitement analytics company that identifies exciting games in real time by analyzing live game data. Sports, media, and cable companies license that data for use on sites, in apps, and on cable boxes. A clone popped up in 2010 (Thuuz), run by a VC, with a dozen or so employees and 5M in funding. We're profitable, growing, and customers continue to choose us over the clo…

I always thought RUWT was strictly a consumer product; the b2b model is genius. Well done!

Re: Ask HN: Single Person startup/company?

#88
post #80

Earlier quoted context omitted.

> "Coding is easy, marketing is hard" It took me over five years in this business to fully internalize this. Programmers (me included) often complain about clueless entrepreneurs in this business, but even more rare than a good programmer is a good entrepreneur, who can sell/market and turn code into money.

Yep, this times a ten thousand. It took me years to unlearn all of the "marketing is all bullshit" attitudes I grew up with. Whole different set of skills to learn, and not like, say, imperative->FP. Much harder.

lol - yes, me too. Used to really dislike the marketing guys. Once you're running a company though, you discover marketing is what counts, more than code quality in most cases. Though I'll say keeping technical debt low has allowed this product to grow for many years.

Re: Ask HN: Single Person startup/company?

#89

Just hit $1 million/year in sales :) About 20 years ago wrote a scratch-my-itch B2B desktop software for Windows. Side project for 10 years which is how long it took to reach about $120K to make the switch to full time. Added features and increased price accordingly. Hired a few more people. Growth is slow but steady. Yearly renewable support contracts are the secret. Coding is easy, marketing is hard. Persistence, p…

Nice congrats! I often hear the same thing, it doesn't matter what your product is, it's how you market it. I still want to make a nice product of course haha but marketing is new to me. Any generic software marketing tips? I promised myself I wouldn't be one of those annoying startups that emails you ever day or two

We've tried everything, and the only two techniques that have paid off are: website SEO (including having a blog) and Adwords. Adwords is hard - we've thrown away many thousands of dollars on garbage traffic. And some keywords are in the $15-$30 per click range! (our competitors have deep pockets)

Re: Ask HN: Single Person startup/company?

#90

Earlier quoted context omitted.

Nice congrats! I often hear the same thing, it doesn't matter what your product is, it's how you market it. I still want to make a nice product of course haha but marketing is new to me. Any generic software marketing tips? I promised myself I wouldn't be one of those annoying startups that emails you ever day or two

We've tried everything, and the only two techniques that have paid off are: website SEO (including having a blog) and Adwords. Adwords is hard - we've thrown away many thousands of dollars on garbage traffic. And some keywords are in the $15-$30 per click range! (our competitors have deep pockets)

Interesting, I was pretty much ignoring SEO since it's such a saturated market (for my stuff at least), good to know!
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