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Bootstrapping a side project into a profitable seven-figure business

projectionlab.com

31–40 of 264 posts

Re: Bootstrapping a side project into a profitable seven-figure business

#31
post #26

It would be just as interesting to hear what mistakes you have made and what you would do differently.

One thing I'd do differently is quit my day job earlier. It shouldn't have taken 2.5 years to work up the courage to do that.

Partly I was scared of putting my own projections at risk. But eventually I realized I'd have way more regret if I passed up the opportunity to go all-in on something I loved.

Re: Bootstrapping a side project into a profitable seven-figure business

#34

great timing. In fact, I was just looking for somethin like this. Was going to vibe-code this into life, but your price point is spot on and frankly I prefer supporting other fellow entrepreneurs. The struggle is real, thank you for being a positive light to all who are on this path. Best to you!

thanks, that means a lot. wishing you the best on your journey too!

Re: Bootstrapping a side project into a profitable seven-figure business

#35

It's an impressive accomplishment. I've always struggled to get through the valley of despair in a new project. I've decided that I can only build and sell things that I regularly use. Otherwise the signal is just too weak, and I eventually get burned out. But if I'm always a user of one, then at least it's validated for me.

Caring is kind of a superpower. And not just in terms of signal, but also the quality of work. I don't think this would have gone anywhere if I hadn't cared deeply about solving the problem in an elegant way. Earlier in my career, I worked on some things as a corporate engineer that were hard to care about, and there's just no comparison.

>The willingness to doggedly show up every single day can take you to some really suprising and amazing places.

>Caring is kind of a superpower.

>the quality of work.

>I was thrilled to spend my free time treating those early customers like royalty

Well, the secret's out, thanks for that, now anybody can do it ;)

Re: Bootstrapping a side project into a profitable seven-figure business

#36

To OP, does this focus on US customers or covers the context for international customers too?

We noticed a lot of tools neglect international use cases, so from the beginning we've focused on building with global flexibility in mind. About 80% of our customers are US-based, but we have users all over the world and offer international tax presets and account types.

Re: Bootstrapping a side project into a profitable seven-figure business

#39

Congrats!! I can definitely relate to that roller coaster feeling of first internet money -> "its so over feeling" though definitely not as successful as you yet :D

I hope the roller coaster takes you to a similar destination in the end :)

What's your journey been like so far?

Re: Bootstrapping a side project into a profitable seven-figure business

#40
Congrats! I'm a customer. Haven't used it too much but so far I like having it to check in periodically. One wish list item: live securities prices to avoid having to copy/paste values all the time. For example, with that you can have a live snapshot of the values in most brokerages
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