5 ms·

The SaaS was only doing $218 MRR https://twitter.com/joemasilotti/status/1460706255874318338?s=20 https://twitter.com/joemasilotti/status/1460706255874318338?.

The SaaS was only doing $218 MRR https://twitter.com/joemasilotti/status/1460706255874318338?s=20 https://twitter.com/joemasilotti/status/1460706255874318338?...

aeturnum 5y ago
I would be really interested to see a rough $/hr estimate from OP. Like, if he really did get $200/mo for 1-2 hours of work a month - that's ~$100/hr! It's a good rate! But any increase in time demands is going to sink this as a productive side gig and obviously it's unfit to use as a main gig.
- hackerfromthefu 5y ago
  But also nothing per hour for the busy setup time - surely a more realistic assessment would be the total number of hours on the project divided by the total income?
- joemasilotti 5y ago
  I wish I had that data... sadly I didn't time track for this in the beginning when I was working on it the most. But in the end I was definitely making less than $100/hour before the sale.
  - aeturnum 5y ago
    That makes sense - and congrats on getting any revenue out of a side project! It seems like a good experience even if it's hard to judge it on economic grounds alone.
joemasilotti 5y ago
$218 MRR and damn proud of it, too!
- tofuahdude 5y ago
  How much did you sell it for?
  - ilrwbwrkhv 5y ago
    Maybe a 1000 or 2000. Not worth spending 14 months in my opinion.
    - giarc 5y ago
      Definitely more than that. I sold something doing $5MRR for $2000 on MicroAcquire.
      - creeble 5y ago
        Any idea how the buyer did after that? I'm a big microacquire lurker.
        giarc 5y ago
        Hard to say really. They revamped the webpage but left the product mostly the same (was a Google Sheet add-on). The only insight I have is the "# Users" that gets listed in the Google Workplace Marketplace. I think it's up to a few hundred, so likely they haven't made their money back yet.
    - warent 5y ago
      the lessons learned are definitely worth if you apply it going forward. making successful products and wealth is a skill. that value snowballs into making one rich
      - ilrwbwrkhv 5y ago
        I doubt it. I think it's actually opposite. You create something which the market pulls away from you.
    - 5y ago
drorco 5y ago
lol my brain was automatically adding K each time MRR was mentioned. Completely missed that. Nevertheless, nice work.
runako 5y ago
Personally, given the number of people who never even launch, I congratulate every dollar of MRR. Everyone has to start somewhere, and lessons are learned with every incremental win or loss.

The SaaS was only doing $218 MRR https://twitter.com/joemasilotti/status/1460706255874318338?s=20 https://twitter.com/joemasilotti/status/1460706255874318338?...

aeturnum 5y ago

I would be really interested to see a rough $/hr estimate from OP. Like, if he really did get $200/mo for 1-2 hours of work a month - that's ~$100/hr! It's a good rate! But any increase in time demands is going to sink this as a productive side gig and obviously it's unfit to use as a main gig.

hackerfromthefu 5y ago
But also nothing per hour for the busy setup time - surely a more realistic assessment would be the total number of hours on the project divided by the total income?
joemasilotti 5y ago
I wish I had that data... sadly I didn't time track for this in the beginning when I was working on it the most. But in the end I was definitely making less than $100/hour before the sale.
- aeturnum 5y ago
  That makes sense - and congrats on getting any revenue out of a side project! It seems like a good experience even if it's hard to judge it on economic grounds alone.

joemasilotti 5y ago

$218 MRR and damn proud of it, too!

tofuahdude 5y ago
How much did you sell it for?
- ilrwbwrkhv 5y ago
  Maybe a 1000 or 2000. Not worth spending 14 months in my opinion.
  - giarc 5y ago
    Definitely more than that. I sold something doing $5MRR for $2000 on MicroAcquire.
    - creeble 5y ago
      Any idea how the buyer did after that? I'm a big microacquire lurker.
      - giarc 5y ago
        Hard to say really. They revamped the webpage but left the product mostly the same (was a Google Sheet add-on). The only insight I have is the "# Users" that gets listed in the Google Workplace Marketplace. I think it's up to a few hundred, so likely they haven't made their money back yet.
  - warent 5y ago
    the lessons learned are definitely worth if you apply it going forward. making successful products and wealth is a skill. that value snowballs into making one rich
    - ilrwbwrkhv 5y ago
      I doubt it. I think it's actually opposite. You create something which the market pulls away from you.
  - 5y ago

drorco 5y ago

lol my brain was automatically adding K each time MRR was mentioned. Completely missed that. Nevertheless, nice work.

runako 5y ago

Personally, given the number of people who never even launch, I congratulate every dollar of MRR. Everyone has to start somewhere, and lessons are learned with every incremental win or loss.