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My Bootstrapped Micro-Startup Got Acquired

mohddanish.me

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Re: My Bootstrapped Micro-Startup Got Acquired

#41

Post by bsaul »

woutr_be wrote: post #4
encoderer wrote: post #3

Developing a SaaS product isn’t for everybody but if you are a developer and want to expand your breadth it’s a wonderful and rewarding challenge. Nothing is easy but there has never been more resources, support and tooling for indie SaaS makers. If you want to get started the indiehackers community is fantastic and my inbox is always open for answers/encouragement Shane at Cronitor.io

The hardest part about building a SaaS product for me isn't the technical challenges (although there are some too), it's mostly anxiety. The thing that scares me the most is launching and receiving negative feedback, the thought alone is enough for me to stop working on it.

Negative feedback is better than no feedback. at least you know the person was sufficiently attracted to your product and idea and try it. It’s an opportunity to improve, and it’s also an encouragement. I’ve had people giving me bad feedback and then a few years later come back and finally use it. At this point i knew my product had improved.

Also, you’d be surprised how most people sound harsh but actually don’t really mean to. They’ll most likely completely change their tone after you’ve contacted them and tell them you’d like their opinion on future improvements. Also, if by any chance those people finaly use your product, you have a high chance that they become strong proponents and advertisers for your product.

Re: My Bootstrapped Micro-Startup Got Acquired

#42

Post by zrth »

noir_lord wrote: post #25
jen729w wrote: post #17

Earlier quoted context omitted.

Or Europe or Australia. So, y’know, all of the developed world. (With apologies to whomever I have inevitably missed.)

Yes and no, in Europe outside London and Berlin (big capitals) you’ll find that developer salaries are much lower than expected compared to the US. That’s pretty much across the board.

Swiss, Scandinavian and Finnish and probably Danish and Dutch jobs pay way better than Berlin or London Jobs do.

Re: My Bootstrapped Micro-Startup Got Acquired

#43

Post by ericd »

woutr_be wrote: post #4
encoderer wrote: post #3

Developing a SaaS product isn’t for everybody but if you are a developer and want to expand your breadth it’s a wonderful and rewarding challenge. Nothing is easy but there has never been more resources, support and tooling for indie SaaS makers. If you want to get started the indiehackers community is fantastic and my inbox is always open for answers/encouragement Shane at Cronitor.io

The hardest part about building a SaaS product for me isn't the technical challenges (although there are some too), it's mostly anxiety. The thing that scares me the most is launching and receiving negative feedback, the thought alone is enough for me to stop working on it.

If that's most of what's holding you back, you should try to power through that anxiety, I think you'll be very pleasantly surprised. Most people who bother to write in are very kind, and if you're this anxious about negative feedback, I'm guessing you're not the type to try the obnoxious stuff that pisses people off enough to write in with negative feedback. Making it very easy to cancel will help too.

Re: My Bootstrapped Micro-Startup Got Acquired

#46

Post by robjan »

throwaway13337 wrote: post #2

Sounds like the buyer got a terrific deal. There seemed to be rapid growth and interest. Getting any revenue is hard - growing from 700/month to 7000/month can be mostly momentum. Just sitting on it would make more. Maybe there is more to the story but if not, please hold out with your next project. You'll get low ballers. I had someone offer me 30k for an app I spent a month building. I would have taken it but he wa…

In the screenshots, it seems like most of the traffic came from sites like HN and PH so the traffic may not have been sustained in the future.

Re: My Bootstrapped Micro-Startup Got Acquired

#48

Post by JaviFesser »

jacurtis wrote: post #35
mddanishyusuf wrote: post #21

Earlier quoted context omitted.

[flagged]

In the USA it would only last a few months. You must be located in an emerging market.

He said it himself, he is from India and he lives there, so the cost of life must be way lower

Re: My Bootstrapped Micro-Startup Got Acquired

#49

Post by jwr »

woutr_be wrote: post #4
encoderer wrote: post #3

Developing a SaaS product isn’t for everybody but if you are a developer and want to expand your breadth it’s a wonderful and rewarding challenge. Nothing is easy but there has never been more resources, support and tooling for indie SaaS makers. If you want to get started the indiehackers community is fantastic and my inbox is always open for answers/encouragement Shane at Cronitor.io

The hardest part about building a SaaS product for me isn't the technical challenges (although there are some too), it's mostly anxiety. The thing that scares me the most is launching and receiving negative feedback, the thought alone is enough for me to stop working on it.

Negative feedback doesn't matter unless it's from customers (or potential customers). People tend to worry too much about negative feedback from non-customers. A good example of non-customers eager to provide negative feedback is right here: HN :-)

I've been running a SaaS for a couple of years now and learned to take all feedback from customers very, very seriously, but also largely ignore feedback from non-customers. As an example, most people who whine about your B2B SaaS being "too expensive", are non-customers. I did some experiments with discounts, these people inevitably leave anyway.

Most real customers will give you feedback that is constructive, which immediately makes it positive. E.g. rather than whine or complain they will point out a missing feature or show how the software fails.

So, while anxiety is very real (solo founder anxiety is a major issue), it should not come from negative feedback.

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