Tell HN: My Microstartups make $500/day while I'm sleeping

#1

Post by 1hakr » Tue, Jan 04, 2022, 3:31 AM UTC

Hello everyone,

I’m Hari, and I’m a serial Microstartup Maker. 2021 has been an amazing year despite the pandemic where I reached my recent goal of $500/day. Compounding works everywhere, even in microstartups. It took 3 years to reach to $300/day but just 4 months to $500/day. The business model of my microstartups is a mix of App sales, subscriptions, affiliates and ads. I'm now spending just 10% of my time to maintain and fix bugs. My next goal is to reach $600/day.

My Microstartups Rewind 2021

* Revenue - $117K/year (67% ▲)

* Expenses - 3K/year

* All time high revenue - $15K/month in Dec (18% ▲)

* Daily goal - $500/day reached in Dec

Visa List - https://visalist.io

* Revenue - $50K/year (39% ▲)

* All time high revenue - $8K/month in Dec

* Total Users - 2.6M/year

* Active users - 250K/month

AnExplorer - https://anexplorer.co

* Revenue - $50K/year (95% ▲)

* User growth: 130% ▲ yoy

* Active users: 350K

ACrypto - https://acrypto.io

* Revenue - $10K/year

* Active users: 30K

Tech Stack i used: Android - Java Firebase VueJS GoLang

Re: Tell HN: My Microstartups make $500/day while I'm sleeping

#2

Post by kbrannigan » Tue, Jan 04, 2022, 3:52 AM UTC

This is very inspiring. I'm so happy to learn that this sort of business model exists. I always thought it was either fail or make $1M a month, no in between.

Good job

Re: Tell HN: My Microstartups make $500/day while I'm sleeping

#3

Post by Flankk » Tue, Jan 04, 2022, 4:02 AM UTC

You must be terrible at business. Your companies only make money while you're sleeping.

Re: Tell HN: My Microstartups make $500/day while I'm sleeping

#4

Post by orionblastar » Tue, Jan 04, 2022, 4:13 AM UTC

Any hints on how others can do this? I am on disability but if I can earn more with Microstartups it would be better.

Re: Tell HN: My Microstartups make $500/day while I'm sleeping

#5

Post by masonic » Tue, Jan 04, 2022, 4:15 AM UTC

"I am intrigued by your ideas and wish to subscribe to your newsletter."

Re: Tell HN: My Microstartups make $500/day while I'm sleeping

#6

Post by u2077 » Tue, Jan 04, 2022, 4:17 AM UTC

Obviously everyone’s path is unique, but could you tell us the most important things you learned along the way?

For example, my side project was not built for scale (was just a hobby at the time) and now needs rebuilding. I also wasted too much time perfecting things I thought mattered, but didn’t affect customers.

Re: Tell HN: My Microstartups make $500/day while I'm sleeping

#7

Post by MattGaiser » Tue, Jan 04, 2022, 4:19 AM UTC

What was your process to monetize these? As to me they seem to be in very competitive verticals.

Re: Tell HN: My Microstartups make $500/day while I'm sleeping

#8

Post by velokick » Tue, Jan 04, 2022, 4:31 AM UTC

What are your stacks for these projects?

Re: Tell HN: My Microstartups make $500/day while I'm sleeping

#9

Post by beningrad » Tue, Jan 04, 2022, 4:33 AM UTC

MattGaiser wrote: post #7

What was your process to monetize these? As to me they seem to be in very competitive verticals.

Addendum to this question, if you don't mind: How do you choose what your next microstartup will be?

Re: Tell HN: My Microstartups make $500/day while I'm sleeping

#10

Post by 1hakr » Tue, Jan 04, 2022, 4:35 AM UTC

u2077 wrote: post #6

Obviously everyone’s path is unique, but could you tell us the most important things you learned along the way? For example, my side project was not built for scale (was just a hobby at the time) and now needs rebuilding. I also wasted too much time perfecting things I thought mattered, but didn’t affect customers.

One thing which worked for me when i look back is, i spend less than 4 weeks to validate an idea, if it got traction, i worked on it more, if it didn't then i moved on. Validate and fail fast.