My solopreneur story

Post by moneywoes » Sun, Sep 24, 2023, 4:59 AM UTC

majani wrote: post #449

Aurornis wrote: post #31

I always enjoy reading success stories of developers of small apps. At the same time, I can’t shake the feeling that we’re seeing only a cherry picked part of the picture. There is no mention of advertising spend or customer acquisition costs. The trend among indie hackers is to talk about MRR without mentioning a single expense, then to interleave it all with “follow me on Twitter” so you’re inspired to join their a…

The smoking gun is the fact that this story could absolutely kill his golden goose, which is easily replicable. In the next few weeks there will be 10 new competitors for ChatGPT wrappers, all armed with paid marketing budgets to try and get a piece of this high margin business. The only reason he would risk committing business suicide like this is because building the personal brand is more important to him than kee…

Post by moneywoes » Sun, Sep 24, 2023, 5:06 AM UTC

uoaei wrote: post #272

One lesson I've learned from this post is if you create products for people who are on their computers all the time and who are not very price-sensitive to double-digit recurring costs, it's easy to make a lot of money.

Post by satvikpendem » Sun, Sep 24, 2023, 5:12 AM UTC

moneywoes wrote: post #482

satvikpendem wrote: post #158

Earlier quoted context omitted.

Marketing either costs money, or time. I've blogged before, and I've also ran ads before (on Facebook, Google, paying influencers, etc) which is basically outsourcing your marketing. If you don't want to do it yourself, you can always pay for the problem to be solved. However, most indie hackers don't have the money to pay for ads so they must inevitably spend time marketing instead.

what’s been the best roi

Post by moneywoes » Sun, Sep 24, 2023, 5:16 AM UTC

thelastparadise wrote: post #320

eddmakesio wrote: post #300

Earlier quoted context omitted.

> We focus way too much on tools, processes, and forget that at the end of the day, we're trying to exchange useful products for mone Yep, just look at @levelsio and his $250k MRR stack of apps built with PHP and jQuery > I'm a little disappointed by all the negativity here, but I suspect most of us are just jealous. Yep x2, for a website built around startups a huge number seem to be against a solo founder bootstrap…

> Yep x2, for a website built around startups a huge number seem to be against a solo founder bootstrapping apps successfully x3 Solo bootstrapper as well, ~20K ARR on one SaaS app about to launch another. It's clear to me there's money to be made, and yes engineers tend to overweight engineering effort and underweight distribution. Make something that makes someone's life better, saves or makes them money, and ask a…

Post by uoaei » Sun, Sep 24, 2023, 5:46 AM UTC

moneywoes wrote: post #483

uoaei wrote: post #272

One lesson I've learned from this post is if you create products for people who are on their computers all the time and who are not very price-sensitive to double-digit recurring costs, it's easy to make a lot of money.

can you elaborate? seems like a vague icp