MicroFounder - 6 months deadline to $4k MRR 📈

MicroFounder View Online
It's possible for a solo developer to build a profitable microstartup to pay the bills and live life on their own terms.

"I feel embarrassed to say it, but I have been working on my app GreenBooks (a personal finance app) for the last ten years." – 🌱 GreenBooks ($1.5k/mo) by Yi Lin

Time flies! Sometimes we get caught building our projects without reaching the goals we’ve set for ourselves.

And this is the reason why "The Microfounder Way" is to:

🛠 build something minimal
💰 monetize from day one
📈 marketing > features

The idea is to not get stuck building your product for years without finding the product-market fit and making enough money to go full-time on it.

This means that when this particular product doesn’t work out, it’s fine, you move on to the next one. Becoming a microfounder is not about succeeding with your first idea, but the idea is to succeed with at least one startup as a solo developer.

And more often than not, the first startup is not the one that "succeeds."

But this doesn’t mean that you should abandon your projects quickly and without much thought. Sometimes it takes time.

In general, microfounders try to live without deadlines. It’s part of the lifestyle. But sometimes, having a deadline for a project can be a good way to force yourself to focus. It doesn’t mean you have to abandon the project after the deadline, you can still decide based on the progress you’ve made.

Yi Lin is now focusing more on marketing and this was also his advice for others when we asked him:

"Definitely have a marketing mindset from the very beginning. Although building a great product is important, you need to spend at least 50% of you time thinking about how to get the word out about your product." – 🌱 GreenBooks ($1.5k/mo) by Yi Lin

We’ll be keeping an eye on Yi Lin’s progress with GreenBooks on MicroFounder. The plan is to reach $4k/mo to become ramen profitable in the next 6 months with the $16k+ savings (that he keeps track of on GreenBooks of course).

Greenbooks
Yesterday's microstartups

Microns

Discover the best micro-startups for sale

$1.8k/mo

GreenBooks

Personal Finance Software for Mac and iPhone

$1.5k/mo

Ekofi Nova

Your Micro SaaS creation machine

$750/mo

From the discussions
Oleks
Morning everyone! I need your opinion on one small subject. I'm now setting up Paddle, and it has an option of including sales tax in the price or putting it on top. So basically you can make pricing...
I think I would approach it like Gumroad (D. Vassallo) example here. P...
Rauno
Aha, that is exactly what I was asking about 🙂 Thank you, Rauno!
Oleks
Is there a payment gateway that handles these region specific taxes it...
Kirill
13  
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Monday, September 19, 2022

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