I have some news...
My SaaS, Potion, has been acquired! ๐๐ฅณ
I've been building
@potion_so
solo for the last 2 years.
Here's the story on how things went down!
...even the sale price. ๐
I made a goal for
@potion_so
to reach $2k MRR by the end of August.
I did it 2 months early! ๐๐๐๐
Some more thoughts on this milestone. ๐งต๐
I ended up selling Potion for $300k! ๐
I'm really happy with the outcome and it has been great to work with
@brunomorency
who acquired Potion. He has made the transition really smooth.
A year ago today I started building
@potion_so
...and sharing the whole process here on Twitter.
Since then I've...
- Created 72 update videos
- Tweeted 7,350 times
- Gained 6,632 followers
- and grown Potion MRR to $4,169
At this point I think it's safe to say that
@potion_so
ended as
#1
Product of the day! ๐ฎ๐๐
Thank you everyone for you support! ๐
I'll be sharing the #'s tomorrow!
I don't want to live on the Potion ๐งช acquisition money.
I want to be wise with it. ๐งโโ๏ธ
So I started working a 15 hour per week dev job for another startup.
Then with the rest of my time I can start a new thing. ๐คฉ
I donโt think Iโm supposed to do this... ๐ฌ
But I just told a potential customer that my competitor would better suit them. ๐
Just trying to help out!
I've partnered with
@ProductHunt
to help a maker launch their product! Comment with the product you're working on for the chance to win...
๐ค 1:1 w/ PH team
๐ 1:1 w/ me
๐ PH swag
๐ Product feedback from myself & the PH team
๐๐ Winner announced Friday! ๐๐
I have a 15 hour/week dev job.
I think this is one of the best ways to bootstrap. ๐ค
You have more time to work on your own thing while not having to worry about paying the bills.
Here's how I got the gig. ๐
๐๐๐ Today I'm excited to be launching
@potion_so
2.0 on Product Hunt! ๐๐๐
Thanks
@benln
for hunting!
Thank you all for following along my journey and thanks for the support!
I wanted to share an update on
@potion_so
numbers and how things are going!
MRR: $5,852
Growth: ~6%/mo
Churn: 5.9%
Free Customers: 3,682
Paid Customers: 447
Throughout my old biz's life (
@potion_so
), I hosted 4,000+ sites.
...and honestly, I couldn't have done it without
@vercel
.
Their platform made it tons easier!
They wrote a nice overview of my journey to $300k exit.
It took about 2 months from listing on
@acquiredotcom
to closing on selling Potion.
I wasnโt able to share much throughout that time so Iโm looking forward to get to build more in public here!
For my next business, I want to do something a little more ambitious.
I'd like to build out a small team. Maybe 4 or 5 people.
At the same time, I want to have options. Don't want to have to raise VC. But if I wanted to raise some, that would be cool too.
I believe Indiehacker businesses have changed over the last couple years.
They used to be building on your own terms.
Scratching your own itch and doing what you loved to do.
If it was $2k/mo, that's fine.
Growth at all costs wasn't the goal.
The vibe has changed.
I landed a deal to build a custom feature for someone for
@potion_so
. ๐ช
$2k to build it out.
Great way for me to make a little extra income on top of what I've already built. ๐
Finding that I need to work on thinking, using my brain and not plugging my mind with information from Twitter, podcasts, ect... so much.๐ง
Anyone else struggling with this? โ
We launched
@cityclashNFT
on Monday.
Didn't know it would be one of the worst crypto days of the year. ๐
But we are still making progress and still building. ๐
This ever happened to you?
Have an idea for a "small" side project just for fun. ๐
You start digging in and it just blows up in scope.
"I guess I don't have time for that one either".
I just got a raise from my day job! ๐
Bootstrapper tip:
Don't higher your cost of living when you get a raise. Just save it away to extend your runway. ๐
I reached 10k Followers! ๐
I have met so many awesome people here. ๐
Thanks to everyone following my journey. I really appreciate the support! ๐
Announcing Troveโs next launch partner,
@cityclashNFT
!
City Clash is a limited NFT collection and P2E game based on the world's largest cities. Totally decentralized and ready to play at mint time.
Join their Discord:
It's been 2 weeks since the
@ProductHunt
launch.
I am close to doubling the # of paid users from before the launch!
In the last 2 weeks there has been 204 new trials
65 of those converted.
Thats 32%!
I've decided that November is Marketing Month!
I'm going to focus only on marketing and share what I learn here.
Some of my ideas on what I'm going to be spending my time on ๐