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I created Perfect Wiki and reached $250k in annual revenue without investors

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Re: I created Perfect Wiki and reached $250k in annual revenue without investors

#31

Post by hampowder »

Orygin wrote: post #27

Congrats on the success, but I feel like you hit gold because MS has little to no interest in providing actual good software for their users. Hopefully for you that stays that way and you can maybe expand to other areas where they come short (basically anything in Teams)

You state it as if it were a coincidence. The important point is that the author identified the problem and filled the gap.

> I started reading forums, comments, and online discussions. It turned out the built-in Wiki in Microsoft Teams annoyed users really a lot.

Re: I created Perfect Wiki and reached $250k in annual revenue without investors

#32

Post by sirfz »

sochix wrote: post #12
YetAnotherNick wrote: post #10

Earlier quoted context omitted.

[flagged]

Maybe! But on the other side I can work when and how I want, it's a big bonus as for me.

This bonus is priceless tbh congrats on your success and hope you'll never need to work for anyone

Re: I created Perfect Wiki and reached $250k in annual revenue without investors

#33

Post by Orygin »

hampowder wrote: post #31
Orygin wrote: post #27

Congrats on the success, but I feel like you hit gold because MS has little to no interest in providing actual good software for their users. Hopefully for you that stays that way and you can maybe expand to other areas where they come short (basically anything in Teams)

You state it as if it were a coincidence. The important point is that the author identified the problem and filled the gap. > I started reading forums, comments, and online discussions. It turned out the built-in Wiki in Microsoft Teams annoyed users really a lot.

I admit I didn't read the entirety of the post, but I read the following:

> Many of our clients came to us after trying the Microsoft built-in Wiki. It was clunky, inconvenient, and didn’t do the job well. We focused on simplicity: the essential features only, nothing extra — and everything should function inside Microsoft Teams.

So I know it wasn't a coincidence, and rarely are such software built without understanding the needs first.

I just wanted to point out that in this case, the business relies on Microsoft not doing a proper job. Otherwise they would be at a serious risk of being Sherlocked by the provider.

Re: I created Perfect Wiki and reached $250k in annual revenue without investors

#34

Post by apples_oranges »

kgeist wrote: post #23

>Currently, the team behind Perfect Wiki is just two people. I handle the development and product, and my colleague manages user support Good product, but I'm concerned about relying on something developed essentially by a single person due to the bus factor... If it's open-source, that's fine — we can fork it if needed. But if it's a SaaS product, what happens if something happens to the developer? Will all my data…

Exactly, it can also happen with larger companies and if the creator here decides to step back for Example he might organize some sort of continuity by selling the product or hiring someone to maintain it

Re: I created Perfect Wiki and reached $250k in annual revenue without investors

#36

Post by whiplash451 »

RandomWorker wrote: post #21
YetAnotherNick wrote: post #10

Earlier quoted context omitted.

[flagged]

True, and the author also said that they are working with a 20 person team. But looking at those growth projections they will likely double in a few years.

without a 20 person team

Re: I created Perfect Wiki and reached $250k in annual revenue without investors

#37

Post by jen729w »

YetAnotherNick wrote: post #10
gadders wrote: post #2

Looks like a great product and congratulations on your success. I miss the days when HN was more stories like this of people using their expertise to make money - whether it was code, book launches, writing courses etc. Is that harder to do these days, or has the HN news appetite shifted?

[flagged]

I quit a AU$300k job almost exactly 2 years ago to work on my ‘side project’ full-time. My partner too: it’s our only income.

I earn perhaps 20% what I used to. We just quit our lease and sold all our stuff so we can live in a cheap country for a while. I’ve never been poorer. I’m 48.

It’s the best decision I ever made. I pity you fools at your FAANG jobs. Because I know how unhappy you are.

Re: I created Perfect Wiki and reached $250k in annual revenue without investors

#38

Post by pac0 »

RandomWorker wrote: post #21
YetAnotherNick wrote: post #10

Earlier quoted context omitted.

[flagged]

True, and the author also said that they are working with a 20 person team. But looking at those growth projections they will likely double in a few years.

He said the opposite, I read it wrong the first time too

Re: I created Perfect Wiki and reached $250k in annual revenue without investors

#39

Post by gmm1990 »

kgeist wrote: post #23

>Currently, the team behind Perfect Wiki is just two people. I handle the development and product, and my colleague manages user support Good product, but I'm concerned about relying on something developed essentially by a single person due to the bus factor... If it's open-source, that's fine — we can fork it if needed. But if it's a SaaS product, what happens if something happens to the developer? Will all my data…

They seem focused and dont have and debt or funding burdens. There risk of something catastrophic happening to an individual is lower than the average business going out of business.

Some sort of data and data structure export/external backup would be a good feature though if it doesn’t already exist

Re: I created Perfect Wiki and reached $250k in annual revenue without investors

#40

Post by darkwater »

YetAnotherNick wrote: post #10
gadders wrote: post #2

Looks like a great product and congratulations on your success. I miss the days when HN was more stories like this of people using their expertise to make money - whether it was code, book launches, writing courses etc. Is that harder to do these days, or has the HN news appetite shifted?

[flagged]

You make that salary only if you physically live near Silicon Valley, or some other HCOL areas where FAANG have offices. And guess what? The world is bigger.
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