MRR.report (004) | A Challenge One Week to Make $100 Online

MRR.report 4th week's update, 20240628

Welcome to MRR.report: Where Numbers Talk!

Get down and dirty with Monthly Recurring Revenue, where cash rules and every uptick is a victory.

Here's the lowdown, and we’re all ears for your input!

Carefully curated by humans. Bookmark it if useful. 

Takes me 20 hours' work. Buy me a Coffee if you like (:

For collaboration, shoot us an email at [email protected].

I. Featured Long Read

1.1 SAAS CHURN RATES: HOW HIGH IS TOO HIGH? A META-ANALYSIS OF 6 STUDIES

Churn is bad but inevitable, so it's important to track and improve your churn rates over time.

1.2 How to Define Success Metrics for a Product? + 12 Metrics to Track

Product success metrics are quantitative measures that assess how well a product achieves its objectives and fulfills user needs.

1.3 A Founder’s Guide to SaaS Revenue Forecasting

• How much can we afford to spend on marketing?
• Will we need more customer support staff?
• Is our funnel converting as many customers as it should?
• How much cash are we burning each month?
• When will we run out of runway?

1.4 Twitter 101 for Indie Hackers

1. Choosing a Handle Name
2. Writing an Interesting Bio ‍3. Selecting a Profile Picture

1.5 [My Boring and Simple Job Boards Website Passed 40k 💵 in Revenue 🥳](https://hackernoon.com/my-boring-and-simple-job-boards-website-passed-40k-in-revenue)

How does it make money?

• Sponsored job boards
• Listing upgrades
• Ad slots
• CPC

Some stats 📊

• 1.06M page views
• 573k unique
• 360k jobs/job boards link clicks
• 7.4k Telegram mems
• 7.7k Newsletter subs
• 7.6k subreddit mems
• 125 paid job boards/products
• 3.3k Backlinks
• 511 Referring domains

1.6 HOW TO BUILD, IMPROVE AND PIVOT A MINIMUM VIABLE SAAS PRODUCT

HOW TO BUILD A MINIMUM VIABLE SAAS PRODUCT

1. DEFINE THE PROBLEM YOU'RE TRYING TO SOLVE
2. FIND THE SIMPLEST WAY TO SOLVE THE PROBLEM
3. PRIORITISE YOUR FEATURES
4. FORGET ABOUT EFFICIENCY
5. BUILD, MEASURE, LEARN STEP 1) DEVELOP A USER BASE STEP 2) COLLECT USAGE DATA STEP 3) ASK FOR USER FEEDBACK STEP 4) UPDATE YOUR SAAS PRODUCT
6. PIVOT OR PERSEVERE

1.7 A Challenge: One Week to Make $100 Online

What would I do if I needed to make $100 online in the next 7 days?

Step 1: Find and understand prospective customers Don’t start pitching, selling, or asking people to schedule a call with you so you can ‘pick their brain’. People are busy. Instead, jump into conversations that are already happening, and ask questions like, “What's the biggest challenge you’re facing with regards to XYZ?”

Step 2: Create a presale landing page + lead magnet Your whole goal with your landing page is to clearly communicate how you can solve the problem you just learned about. And your landing page should offer a simple lead magnet — something useful that offers immediate value in exchange for an email address.

Step 3: Create content about it Content is your best friend when it comes to driving traffic to your new landing page. On Twitter, link to your new landing page in your bio, drop it in a pinned Tweet, and auto-plug it at the end of each Tweet that reaches a certain number of likes.

Step 4: Drop them in the funnel Once prospects start showing interest, it's all about guiding them through a funnel. Through a series of emails, you should aim to provide more value, show off your expertise, share testimonials, and gradually introduce your offer. Again — no hard selling should happen in your email funnel. You just want to help people see how their big challenge can be solved with your offer.

Step 5: Measure everything You can't improve what you don't measure. So keep an eye on how many people visit your landing page, how many download your lead magnet, the metrics on each email, and (of course) the number of purchases that come through. Data tells you a lot about what’s working and what isn’t.

Step 6: Adjust Based on the data you collected, you can start to tweak your messages, your landing page, and your email sequences. Maybe your lead magnet needs to be more compelling, or the email follow-ups need to be more personalized. Continuous improvement should be your focus at this point.

If you follow this plan, you drastically increase the likelihood that you can make $100 in a week. Remember, it's about taking small, actionable steps. Not trying to lose 100 pounds in January. Start simple, learn from your process, and grow from there.

Make your first $100 on the internet this week.

1. Talk to people
2. Grow a small audience
3. Build an email list
4. Use easy tech
5. Build an Offer
6. Sell Something

1.8 The Plan To Make $100k/Month Profit With 3 Hours A Day.

125k/month SaaS. (But $15k/month for myself.)

150k/month community. (But 20k/month for myself.)

It felt good to hit big numbers but the voice in my head wouldn't go away:

"How much are you taking home?"

A few months ago I decided to listen to that voice.

And simplified the business ruthlessly:

• Capped spots.
• Stopped ads.
• Removed sales team.
• Sold everything with text.
• Put out 75% less content.

The goal was to cut costs and focus on one metric:

Profit.

The plan for 2024 is to keep going down this path and hit $100k/month profit for myself.

Post-taxes. Post-expenses. Post-splitting with my business partner.

​That’s $100k/month I can take home and do whatever I want with.

Here's The Plan:

1. Grow my socials my way.
2. Invite people every day to join the LikesAintCash.com Newsletter.
3. Host workshops to introduce people to my methods.
4. Make It Easy To Buy
5. Grow the Cash Creators Community to 100 active members.
6. Sell Access.
7. Raise Prices Periodically.
8. Partnerships.

97% of your audience is probably never going to buy anything.

2% are going to spend a few hundred bucks.

0.9% are going to become clients.

And 0.1% are going to become partners you can make life changing money with.

II. Interesting Discussion

2.1 My SideProject is Dying. What should I do?

Sure, I can present the information in a more visually appealing Markdown format using blockquotes and headings for clarity. Here's a styled version:

• On Domain and Professionalism:

"You should probably find a better domain."
"You can't expect to earn a professional level userbase and income without at least a professional email and domain."

• On Marketing and Audience Engagement:

"Try targeting Instagram influencers. Post regularly there. Emphasize clearly and quickly in a promo video what people can do for FREE with your app."
"In this market users won't organically come to you, you need to invest effort in marketing, and social media can be your free best friend for this."

• On Product Utility and Market Fit:

"I don't understand what you mean by interested people not responding. This is not the kind of app that most people will use every day."

• On Feedback and Iteration:

"Marketing is what sells a product DMs could work here."

• On Launch and Exposure:

"Put it on ProductHunt. Never give up. Give yourself a break, you have simply overworked."

• On Technical Aspects:

"Domain sucks and is an instant turnoff/unprofessional. Favicon is not customized. Probably needs more emphasis that it's primarily an IOS app."

• On Persistence and Mental Health:

"Launch on Product Hunt, treat it as an experiment. Take a break for your mental health, few weeks, even months, and when you're ready either improve it or start something else."

This format organizes the comments into distinct categories with clear separation, making it easy to follow and aesthetically pleasing.

2.2 Just Roast it!

Roast my product: dashx.com

• Challenge in Positioning and Clarity

"I'm uncertain if the site is effectively communicating the value of our product."
"After reading this I am even less confident I know what the app does."

• Feedback on Website and Features

"The list of features does not include the primary functions of the product."
"Hey guys - might want to look into your landing page’s mobile view. The coding seems off."

• Suggestions for Improvement

"Try maybe adding a feature comparison table comparing your offering to your competitors and why you're better."
"I am planning to add a few more pages to the site detailing all the features."

• Communicating Product Utility

"Don’t let customer communications enter your sprint cycle again!" -> "I think what I wanted to convey is instead of maintaining different providers and content (Templates) in your codebase, let us manage them and you just have to integrate once."

• User Confusion and Misunderstanding

"My first thought was that it's a way for developers to talk to each other, like Slack?"
"Yeah, I don't know if developers need premade UI elements, since there are so many UI libraries that offer put of the box UI elements and solutions all together."

• Visibility and Community Engagement

"Post this in the r/SaaS."
"The post is getting removed by reddit's filters. Not sure what is up. I will try to post there again in a few hours."

ROAST my SaaS Website: tabernacle.app

• Visibility and Community Engagement

"Load times are abysmal for me. Once it loaded it looked pretty decent. Some spelling issues, 'upto' being one word."

"Your website is like the Tower of Babel—confusing and outdated. Your design is as appealing as a plague of locusts. The 'Schedule a Demo' button? It's about as inviting as Jonah’s stay inside the whale."

"The site is very slow, and I can't click the Schedule button"

"24x7 needs a lowercase x"

"The title of the about page should not have a question mark"

"I didn’t think the site was going to load; I’m in the US"

2.3 What are you building now?

2.4 What's one side hustle that has changed your life?

1. E-commerce Success:

   "For me it was e-commerce. Started back in 2013 and have been doing it in all of its different forms. My personal best was scaling it to 7 figures in sales over a period of 9 months..."

2. Reselling Shopify Stores:

   "I was running and building multiple online businesses... As a side business I started buying and reselling undervalued Shopify stores. In that alone... it netted me just over $200K last year."

3. Flipping Collectibles During Covid:

   "Flipping collectibles, made a couple hundred thousand during Covid... Mostly tabletops like TCGs. People were stuck at home with disposable income, there couldn’t have been a better time."

2.5 Don't you feel discouraged from doing non-AI SaaS with all the advances in AI lately?

1. Impact of AI on Business Growth:

   "I have gotten really tempted lately to try my hand at an AI app after seeing their insane growth trends. I mean, it’s taken me 2 years just to break 1K MRR. Sometimes that’s pretty frustrating when I see AI apps break 10K MRR in mere months..."

2. Persistence in Business:

   "The greatest super power in my opinion is sticking a business out and perfecting it. Build features, fix bugs, perfect marketing, and try to run the whole thing off of background jobs - that’s the dream for me."

3. Skepticism About AI Revenue Claims:

   "Iv started to find it hard to believe these 10k MRR with some of these apps - so don’t fall for it Iv started a sass with 2 other partners and after year one we finally cracked 10k MRR and that’s with ton of work and employees beyond us 3."

4. Finding New Business Ideas:

   "How do you find these ideas/problems? I've been struggling to try and find problems that are worth solving for over 6 months now."

5. Value of Experience Over Trends:

   "That’s the stuff that sticks with you whether you’re joining a trend like AI or not. There are so many good darn ideas out there still that don’t even involve AI."

2.6 We're now at the second half of 2024!

How was your first half of 2024?

III. Helpful Youtube Videos

3.1 "I'm Broke, What Business Do I Start?"

Identify Your Business Focus: Determine your business idea by leveraging your personal pain points, profession, or passions. Focus on solving a specific problem you have experience with or are passionate about.

Target Your Audience: Clearly define your target audience by narrowing down specific demographics and characteristics. The more specific you get, the better you can serve their needs and charge a premium for your services.

Craft Your Message: Develop a clear and compelling message that speaks directly to your target audience's pain points and desires. Use their language to describe their problems and how your solution can help them.

Outreach and First Customers: Engage in consistent outreach efforts, such as personalized messages or consultations, to secure your first customers. Commit to daily outreach until you achieve a set goal, such as acquiring five customers.

Develop a Unique Mechanism: Create a unique process or system that differentiates your business from competitors. This proprietary approach should provide a clear benefit and make your solution stand out in the market.

3.2 How to Make $10k/Month as a Writer - Nicolas Cole

Fastest Path to 10k/Month: The quickest way for writers to reach 10k/month is by finding a single client to solve business problems for, rather than selling products which take longer to develop.

3.3 $10,000 in a Day with SaaS (the easiest way)

Increase Your Saas MRR by 100% Overnight Pressing One Button (literally one change is needed)

Increase Pricing for Higher Revenue: The key strategy to increase SaaS revenue overnight is to raise your prices. Doubling or tripling prices, or creating higher-priced plans, can significantly boost revenue.

Focus on High-Paying Customers: Most of your Monthly Recurring Revenue (MRR) likely comes from your most expensive plan. Prioritize efforts on attracting and retaining customers for these higher-priced plans.

Perceived Value and Pricing: Higher prices often create a perception of greater value. Customers may choose more expensive plans thinking they offer better quality or service, thus increasing your revenue.

Email Campaigns and Scarcity Tactics: Inform your customers about upcoming price increases through strategic email campaigns and scarcity tactics like countdown timers on your website to encourage quick sign-ups.

Iterative Price Increases: Regularly review and adjust your pricing strategy. Start with smaller increases (e.g., 10%) and observe the impact over a couple of weeks. This iterative approach helps find the optimal price point without alienating customers.

3.4 THAT'S How I'd Start a $10,000/MO SaaS Business From Scratch

Funding is Essential: Before starting a SaaS business, secure funding from savings, loans, crowdfunding, or investments to grow faster. Self-funding, social media promotion, and marketing channels are also options to consider based on your business goals and financial situation.

Research and Marketing Before Building: Conduct thorough research to understand the market, competitors, and customer needs. Use A/B testing, surveys, and small marketing budgets to gather data. Develop a marketing strategy to generate leads and create anticipation before the product launch.

Competitor Analysis: Analyze competitors using tools like Ahrefs and Semrush to understand their marketing strategies, keywords, and social media engagement. Purchase competitors' products to gain insights into their customer experience and identify areas for improvement.

Offer Free Products Initially: Launch with a free version of your product to attract customers quickly and generate word-of-mouth marketing. Focus on long-term goals and scaling up rather than immediate profit.

Build Systems and Automate: Create repeatable processes and use automation tools for email marketing, affiliate programs, and other business operations. This approach helps streamline tasks, allowing the business to run efficiently and generate income with minimal manual effort.

3.5 SaaS apps that will print profits

Startup Opportunities in Spreadsheets: Spreadsheets used in any industry are a signal for potential startup opportunities. Aggregating users in a digital space can lead to creating profitable ventures.

Conference Networking App: A viable startup idea is an app for conference attendees to discover and join side events. These side events are often where the most valuable networking happens, and the app can centralize event information and RSVPs.

Enterprise Workflow Startup Formula: A framework for creating billion-dollar startups involves identifying niche power users within a professional network, offering them enhanced features, and potentially scaling this to compete with large incumbents.

Matchmaking Vertical SaaS: There is an opportunity in developing vertical SaaS solutions for matchmakers, leveraging community matchmakers in religious or ethnic groups to improve the matchmaking process and outcomes.

API for Dynamic User Data: Building an API that provides dynamic user data (bios, social profiles) can support various applications, including marketing automation and conference networking apps, and represents a profitable business opportunity.

3.6 I Tried Building A SaaS In 7 Days

IV. MRR Updates from X

4.1 blakea.co

Blake Anderson @blakeandersonw · Jun 25:

0 to 5 million revenue in 12 months.

Almost immediately we did 200k downloads on $100 ad spend.

RizzGPT quickly scaled up to $200k/month and has been steady ever since. Renamed to PlugAI.

In our first three months, we went from 100k MRR to 200k MRR to 500k MRR.

Since then, we have remained around 500k MRR.

I launched my third app about 2 months ago and we are at 100k in June.

4.2 AutoShorts.ai 70K MRR - NicheScraper: 30K MRR - CopyGenius.io: $20K MRR

Eric Smith @ericsmith1302 · July 2:

$70K MRR 🚀 An update.

Dec 20th: Idea formed. Feb 1st: First subscriber. Feb 28th: 1K MRR. March 16th: 2K MRR. … May 5th: 30K MRR. June 27th: 70K MRR.

4.3 jenni.ai davidpark.io

David Park @Davidjpark96 · July 2:

End of June update: $533k MRR

4.4 tenderpanel.com

ackson Ling @jackson_llk · July 1:

Churn was brutal in June 😖.

4.5 supastarter.dev

Jonathan Wilke @jonathan_wilke · Jun 30:

June report for supastarter: $10.9k revenue

4.6 ai2sql.io

Mustafa Ergisi @mustafaergisi July 1:

June 2024 Update

📈 MRR: 7K (from 3,564 in June 2023) 😱 👥 About 600 active subscribers 📉 Churn: 6.13%, showing strong customer retention 🎯 Next milestone: $100K ARR!

4.7 easygen.io

Ruben Hassid @RubenHssd · Jun 30:

EasyGen updates:

MRR: 9,128,66 Line of code I know: 0 Outside investment: 0 Days since launch: 92

4.8 ⚡️ animstats.com (🟩 $1.4k MRR) 💥 tweetloom.com (🟥 failed)

Audiencon⚡️@audiencon · July 1:

June update

💰 ARR: $14,111 (-15.26%) 🙋‍♂️ New users: 1931 🤑 New paying customers: 4 😭 Churned customers: 30

4.9 aidirectori.es

Sergiu 🤖 AI Directories @s_chiriac · July 1:

🎉 Happy Monday, everyone! Here's the June Recap for AI Directories:

💰 Over $7600 in revenue! 👥 100+ Customers 🐦 Nearly 400 new followers on Twitter 🖥️ 5K Website Visits

4.10 Backlinker.AI

Bennett | Build In Public | AI SAAS SEO Founder @influencer_seo · July 1:

Finishing June strong at $11.2K per month! #buildinpublic

Backlinker AI just hit 50k revenue in 10 months. Currently sitting at 10k MRR 😀😀

Here's the one word answer to how I grew my revenue to $10K Monthly Recurring Revenue as an Agency!

Whitelabel!

White label SEO is a cost-effective strategy that allows an agency to offer SEO services to clients using third-party tools and services under their own name.

4.11 $580 / mo - waitforit.me 💜 (free) - quillcap.me

Abishek⚡@eter_inquirer July 1:

month 6 of indiehacking after my 9-5 - update 👇

💰 $590 / mo 💜 12 new customers 👀 10k visits 🧑‍🤝‍🧑 900+ users

quillcap 💰 $0 (free) 👀 2k views 🧑‍🤝‍🧑 500 users

update - we're 90 away from 500 in revenue this month 😭🙏💜

4.12 slidy.app creatifly.co

Kumail Nanji @KumailNanji July 2:

These last 6 months have been life changing 🤯

I've gained: 👀 4M Impressions 🤝 2K+ Followers 💸 $27K+ from 𝕏

4.13 Apps: habitkit @liftbearapp @windiaryapp

Sebastian Röhl @SebastianRoehl Jul 1:

Here is the revenue and MRR breakdown for my app business in June:

💰 13,605 revenue (-8%) 💸 6,981 MRR (0%) 👥 9015 subscribers (+1%)

4.14 Pingify.com - Website Monitoring 💬 ReplyPulse.com - Scale your X/LinkedIn Newsletter →devartisan.com

Venelin K. @venelinkochev Jul 1:

My indie hacking journey

April 2024: 0 MRR May 2024: 0 MRR June 2024: $18.50 MRR 🚀

Making some progress

4.15 colorbliss.com

Ben Robertson | The Coloring Page Kingpin @benrobertsonio july 2:

My June 2024 #buildinpublic report for the coloring crew

💰 3794 MRR (+763), 25% growth rate 🫂 270 total customers (121 new, 69 churned) 🌎 30k website visitors (down 37%) 🖼️ 59,587 coloring pages created (up 23%)

4.16 framer.com

Arun K @arunspacek Jun 27:

My @framer template 'Endless' was published last month. It crossed $1,000 in revenue.

4.17 Laravel SaaS Starter Kit larafast.com ($26K+ rev) 🐌 To help you build faster! Directory for SaaS: bikemat.es 🏍️ Product Hunt Launches: phlaunches.com 🚀

Serg @karakhanyanS July 1:

#buildinpublic update for June for Larafast Seems everyones stats are down in June.

4.18 aimarketplace.pro

Maria@Mariintheworld Jan 25:

After launching on Product Hunt, I got my first real order for 49 (the other order was a test, making the total revenue 148).

4.19 blacktwist.app

Luca Restagno 🐢 shipped.club @ikoichi Junly 2:

The first MRR of a new SaaS always hits differently

4.20 DesignUp.net

Emy@EmyLascan July 2:

Design Subscription MRR: 57K (decline) Fixed projects price: 35K

4.21 unihosted.com simpleanalytics.com

Iron 📊 @IronBrands16 July 2

Decided to do some more "Build in public" updates.

3 months ago: 📈 $1100 MRR 👩‍💻 500+ users 🌀 2300 Devices

Now: 📈 $3500 MRR (One deal not yet included in dashboard) 👩‍💻 1600+ users 🌀 5936 Devices

4.22 Dub.co

Steven Tey @steventey July 2:

June was a fantastic month

◆ Clicks tracked → 6.1M ◆ Links created → 37K ◆ Total active domains → 3,509 ◆ MRR is up by 20% – we also hit an all-time high in monthly sales 🚀

4.23 Turned the @cokedupoptionsmeme account into a $40k/month content agency and sold it | solowriters.com

Charlie Light @charliewrich · Jun 24:

I just grew my new startup to 3 figures in MRR in just 3 days

At this rate, we'll be a 12-figure MRR business by next week

That's $100 billion in monthly revenue

This startup stuff is too easy

4.24 likesaintcash.com

JK Molina @OneJKMolina Jun25:

The Numbers Behind an $84,000 MRR Business With Just 1 VA

4.25 calorieasy.app

Tim Wong @t31kx:

Finally my turn to share some MRR screenshots 😍

4.26

Nico@nico_jeannen July 2:

I just sold my startup Talknotes for $200,000

I launched it last August when I was looking for an idea I could grow with paid ads, and made a MVP in one week.

I took it from 0 to 7500 MRR in just 11 months.

💡 Idea: I got the idea when I tried to write a tweet using Google Doc's transcription tool, but it was terrible.

✅ Validation: My rule is to only reinvest what the project generates, so, no ads until I make enough cashflow ❌

Listing on startup directories + a few Twitter sales generated $700 after 10 days.

It got Product of the Day and reached $1500 MRR thanks to the media coverage 🚀🚀

The strategy is simple: Catch people's attention, and show them how the app can help them improve their life. No need to over-complicate 🙅‍♂️

Thanks to the boost in traffic, I implemented a feedback loop:

1. Get new users 👥
2. Learn to know them with the onboarding form 💬
3. Make more ads based on the data you get from onboarding 📝

And it completely blew up. MRR doubled in ~2 months

Surprisingly, doing absolutely nothing is 10x more exhausting than working 15h per day 🥱

I launched over 40 projects in those 7 years, and most of them failed. But a few took off, and that’s all I needed

You only need to win once to snowball everything. Work hard, focus, fail a lot and keep shipping fast. 🚀🚀

V. MRR Highlights from reddit

5.1 Step by step guide to your first $1,000 in MRR

This guide is nothing but pure logic and I have used it for at least 3 startups to achieve respectively >1K, >3K in MRR, >$20K in MRR, in the past two years.

1. Launch a product Try to launch in weeks, not months. Don't fall in love with your code. Don't try to rebuild everything yourself. Use as many tools as possible to save time.

2. (Try to) Sell it ASAP

Most founders wait for people to come to them, but this rarely happens. You must mix inbound and outbound marketing.

• Inbound marketing advice: Use a waterfall pattern: select the main social media to publish posts on (i.e YouTube) and focus 90% of your time on this. Just spend the 10% remaining on one or two other platforms by adapting your main content to them. Write divisive posts only if it helps: if you decide to talk about divisive subject, do it carefully and only if it will help to grow your brand in a positive way. Building in public is most likely the simplest way to create content at no cost: explain what you do, that's it.

• Outbound marketing advice: Identify your persona and try to understand where you can find them. For instance, if you're targeting corporate people, you most likely want to reach them out on LinkedIn. You can also do emailing or cold phone calls if it works for your market. Start automating your strategy. You will lose people at every steps of your funnel. To make sure you end up with enough potential customers, you must contact a lot of people every week. So automate everything using the right tools.

3. Iterate Most people don't achieve PMF at this stage. Actually, most people never achieve PMF. You must constantly ship new features and iterate. Identify your power users, talk to your users every day. Pay attention to feedback, understand the problem they have, and genuinely try to solve their problem as best as you can.

Launching your product quickly is key to reaching your first MRR milestone. Remember, marketing plays a crucial role in your success as a SaaS founder. Mixing inbound and outbound strategies can be a game-changer. You might find using gotomarketnow helpful in expanding your reach and discovering new avenues for growth. Keep iterating and engaging with your users to enhance your product effectively.

5.2 Strategic partnerships.

How I went from 0 to 100 MRR

First things first: Have a great solution that solves a painful problem

Do an awful lot of outreach and just be bold.

I reached out to at least 200 companies before we hopped on out first call.

Side note: This only works if you're both working in the same niche, have the same ICP, but are solving different problems.

5.3 success-stacks.com

My business is close to becoming profitable! 35.20 MRR with 48.15 total expenses.

Based on my Excel Sheet, by August 20th, with a 3% CTR, I should reach 205 MRR. Out of this, 156.85 will be profit

jhairehmyah: As long as you count your time as free, 150 will be “profit”. But that is a lot of work now until Aug 20 for 150/month

Party_Major5753： There’s a long way to go! I’m planning to set aside future earnings in order delegate as much tasks as possible.

5.4 blogrecorder.com

My first SaaS: one week in (101 users, $35 MRR)

If you (a) have millions of TikTok influencers in your database, and (b) do not limit the number of rows that can be exported, then you're probably leaving a ton of money on the table.

check the first sale post: My SaaS got its first customer before it even officially launched! $12 MRR!

rudeyjohnson: I'm speaking about SEO. Blogging is essentially dead at this point.

Veinq: I'm biased of course, but I don't think I agree with that.

My first paying user is a frequent blogger and uses his blog to promote paid material, and a lot of people read his content. There will always be a demand for good articles, primarily in specialized niches. Building a newsletter and owning your content and audience by blogging is still really valuable.

And it's not just individuals that profit from blogging. Marketing companies like HubSpot are still pushing out a lot of high value content very frequently to improve their SEO. If I Google "How to create a sales plan" their blog post from December is the first result with a featured snippet.

From a search engine perspective In the end, the goal is to show helpful content people want to see so people keep come back and will see more of their ads. And search engine algorithms will always keep changing.

I don't think abandoning blogging completely because of a recent update is a smart long-term strategy.

5.5 sketchlogo.ai

How did I make to earn $10K monthly at the age of 26?

I made my first sale 3 days after my launch. In the 3 months following its launch, it garnered 112K impressions and generated a total revenue of 8.4K. In May - 5650 MRR and 103K impression last 28 days With the end of June - About 10K MRR and 235K impression last 28 days Recently, we made almost 1K worth of sales with the addition of onboarding to our tool.

How do I do my marketing When I first started marketing my product, I decided to use a marketing guide. I managed to create strong backlinks with the startup directories and guest blog post sites in this guide. In addition, I have promoted my product to potential customers by regularly sharing content on social media platforms such as X, Reddit, Quora, Facebook, Discord. Along with the development of my SEO and strategies, I have increased the visibility of my website by creating SEO-oriented blog posts.

TofuCat1804: We can call it the new dropshipping trend 😂 In the coming days, we will see AI everywhere. We can say that those who improve themselves in this regard will survive.

SoggyMattress2: I am seeing red flags everywhere here and I think this is mostly bullshit.

Your "liked by" trust indicator at the top of the page is a static image. Why aren't these reviews linked to known platforms like trust pilot? Where do these likes live?

Spelling mistakes and poor descriptions in nearly every paragraph on the site. You've focused so much on SEO keywords the user experience is suffering.

Business model seems weird, a monthly subscription model for a logo generator that a company might use once every 5 years when rebranding? What?

Testimonials all look like fake accounts with ai generated headshots. The testimonials feel curated, especially the video testimonials. 3 of them all had the same accent, same delivery, same length and content but with some words changed - it's either AI, you've hired freelance voiceover actors or these are your friends from the local area.

I would be amazed if such an amateur marketing website is generating 10k a month with such a misaligned business strategy. Your tool doesn't do anything midjourney or DALL-e can't, and their models are cheaper.

5.6 yamitools.com

I just get my first paid subscriber

There's a saying. Celebrate every win, not matter how small.

5.7 picyard.in

How to get $10 customer everyday

I mostly market it on twitter and sometimes on reddit. However, not a lot of people upgrade from basic tier to paid tier.

Similar products in my category have Mrr in 5K range and here I am struggling to get new customers even though I have kept my saas affordable (10/ year).

muzamilsa: You might want to improve your copywriting. Identify users with the highest product utilization and ask them what would make them pay for your app? Make some surveys and try to get into the root cause. Sales happen with a little push and by demonstrating value that comes with the paid account to your customer. Study your competitors and improve to provide competitive offer.

5.8 I wasted 100's of 1000's of $ 💸 Guide me if you are a businessman

Here's a concise summary of the main post and key responses from the discussion thread on r/Entrepreneur, presented in Markdown format:

Main Post by oraad: "I wasted 100's of 1000's of $ 💸 Guide me if you are a businessman"

I am a software developer/architect who transitioned from a high earning job to trying to build autonomous businesses. After initial successes, I faced a devastating scam and a failed partnership in construction due to a dishonest partner. Despite these setbacks, I still aspire to build a business, particularly in AI automation, and am seeking guidance and partnership from experienced business owners.

1. Critique and Advice:

   "Entrepreneurship is more work, less pay - not the other way around. If you’ve expended your resources, time to slow down and get back to stability, not double down into madness. Listen to your wife…" - OkSignificance9774

2. Support and Encouragement:

   "You seem to be bought into the idea of 'if I just had more time' 'if I just had more passive income' then your life will be fulfilled and purposeful. That’s a naive belief and pursuit you’ll take to your grave my friend." - afureteiru

3. Reflective Response:

   "Tech really got out of hand this past decade. 20% of the talent is unbelievably hard working, creative and innovative... The remaining 80% doesn’t understand how unbelievably lucky they are..." - parariddle

4. Personal Experience Sharing:

   "You seem to be falling into the trap many SWE-turned-entrepreneurs fall into: I can build great products... The hard part is finding demand, uncovering a true need/problem that can be solved or optimized by tech that people will pay you for." - Bruce-Partington

5. Practical Advice:

   "Go get a job and build a business on the side... Do both at the same time and have no personal life. Then, when there is evidence the endeavor has potential, quit to half time and keep at it." - megawoot

5.9 I'm a technical bootstrapped solo-founder, my SaaS makes $30k MRR, and I'm bored AF

If you're financially secure, why not focus on making stuff you enjoy and just let the money keep rolling in? Not having to worry about the bottom line allows you to really just try new things, even if they are not financially viable.

Summary

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