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Tell HN: I made $1000 with my app and now making $500/mo

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Re: Tell HN: I made $1000 with my app and now making $500/mo

#114
post #93

Good job! I know exactly the feeling. I'll once again shamelessly plug my project, since it's vaguely relevant. I'm making about 200 USD/month by selling watermark removals on https://gifmemes.io . What I've learnt is that I'm very bad at marketing & design and will much rather spend hours programming useless features. For example I've spent like 10 hours getting an wasm ffmpeg converter of gifs to mp4s and webms, wh…

I love the "But internet stuff should be free!" button, got a chuckle out of me :P

Re: Tell HN: I made $1000 with my app and now making $500/mo

#115
post #71
post #27

$500/mth is $6,000/yr At a 4% safe withdrawal rate what you've built is the equivilent of saving $150,000. You should be EXTREMELY proud of yourself, and never underestimate the power and value of the asset you've built

Normally web apps like this would change hands at around 3x annual earnings, so OP has built the equivalent of more like $18,000, which is still impressive!

It's a good point, but I think they're talking about lifetime value rather than current value.

Re: Tell HN: I made $1000 with my app and now making $500/mo

#116

Earlier quoted context omitted.

The app made $300 last month and $500 this month. It indeed hasn't been very long, and I agree that $500/mo is a bit of a generous take. However I do plan on adding extra paid features which I think will push that even further.

The market is massive, play your cards right and this could be just the beginning. Do you speak to users in person much and have an idea of what people want?

I speak to a couple of users directly through email. An Apple Watch companion seems to be what people want the most so that’s what I’ll be working on next

Re: Tell HN: I made $1000 with my app and now making $500/mo

#118

Congrats on the success! I just started a newsletter - Indie Watch ( http://indie.watch/ ) - that features cool apps built by indie iOS developers. Would you mind if I featured your app in our first release? Since it's our first release, I can't guarantee any results or conversions, but the mailing list has a few hundred people on it, so it couldn't hurt...

Thank you! For sure! My email is in my profile

Re: Tell HN: I made $1000 with my app and now making $500/mo

#119

Congrats! I am always super excited/impressed by people who can take something all the way like this, just because I know how monumentally hard finishing any project is. I'm at least decently familiar with the first half of "end-to-end" but don't have a lot of experience in the back half. Was there something cool/unintuitive you learned while having to figure out how to market and support your weightlifting app that…

Everybody says it, but the marketing part of it matters a lot. As a shape rotator, I struggle with putting myself out there and really have to force myself to "just do it". The app store is a big, noisy marketplace, so having other channels to get people to try your app and give you ratings is crucial. That really help me get through the initial wall and now my app is showing up pretty high in the search result.

> ...get people to ... give you ratings is crucial.

How were you able to promote this? Thanks.

Re: Tell HN: I made $1000 with my app and now making $500/mo

#120

Earlier quoted context omitted.

Thank you! That's what I'm expecting. I'm mostly doing the Android version for my friends and for the "brand awareness" of the app. I'm curious to see how that'll turn out.

I'm on Android, and would possibly use this. Would your app work for tracking the Starting Strength program (3x5 sets 3x/week, not 5/3/1) or is it very exclusive to 5/3/1 tracking?

Right now it’s only 5/3/1. But the 5’s progression template from Beyond 5/3/1 is similar enough. Feel free to look at the online calculator to get a sense of the template. https://fivethreeone.app/calculator
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