Microns - How to buy your first side project

Ilya Novohatskyi
Ilya Novohatskyi
Hey guys.
This week many people joined the newsletter. So I would like to introduce myself in two words.
I’m Ilya startup founder from Ukraine 🇺🇦 For four years, I worked as a front-end developer for different companies. When COVID-19 started, my boss fired me, and I started my front-end agency Quanti Coders. After two years of hustling, we reached $15k per month in revenue.
Scaling agency became cumbersome, and I delegated most of the work to start another company.
After some research, I decided to tackle marketplace. I realized there is no friendly way for bootstrapped founders to sell their micro-startups. So that’s how Microns was born.
One year later, we helped 30 founders sell their projects with a total amount of $200k in transactions. It is a challenging journey, and Microns isn’t profitable yet, but I believe it’ll pay off.
Okay, let’s return to the newsletter.
This week I want to experiment with a new format called Growth advice, where I share a marketing channel that helped me somehow grow Microns or another business. Would love to hear your feedback.
Besides this, I prepared a renewed article about buying your first side project, which should be interesting for you.

Photo by Yvon Hoogers on Unsplash
Photo by Yvon Hoogers on Unsplash
👋 Welcome
Welcome to the 61 new people joining this week.
Let me know what you think of your first issue. Replying helps Google realize it’s not spam.
Prefer Twitter? Drop me a DM here.
Now let’s crack on with the newsletter ☕️
🌱 Growth advice
Every startup founder should have a Twitter profile. It is a great distribution channel to grow your audience and project.
Unlike LinkedIn, Twitter is much more engaging, based on my experience, and could give you loyal customers if you provide value to others.
Transparency and consistency are very important for this social media. Still, you can see results if you dedicate at least 20 minutes daily.
I spent one year organically growing from zero to thousand followers by engaging with others and tweeting (not regularly). But in any case, I found our early Microns customers from Twitter, and they’re so loyal and helpful that I can’t imagine.
So I definitely will double down on this social media even if Elon introduces an $8 subscription. Twitter is a small but friendly place for bootstrapped founders.
Next step: create a Twitter account, learn how to grow your audience, and start engaging.
P.S. Let me know if you like this kind of content.
📈 Monthly update
This month was one of the hardest for us. We’ve got some churn, and acquisition costs increased drastically. This is because of the economic situation in the world.
Interesting fact that we published less than 50% of submitted startups because we want to keep the quality of the listings high.
Ilya Novohatskyi 🇺🇦
Monthly update for Microns 🚀

😊 3,738 newsletter subscribers
🎉 201 new subscribers
👀 48.2% average open rate
🎯 7.6% average click rate
💰 108 premium members
💸 10 new premium members
🚗 21 startups submitted
📌 9 startups published
📈 2.4k users visited the website https://t.co/ECYKvcpshP
Anyway, I expected this because the previous year’s trend was similar, so we need to keep doing our job.
🧵 How to buy your first startup
This week I updated our post about buying your first startup. This version has more helpful information for entrepreneurs starting their way into the acquisition world.
I covered the basic things you need to complete your first transaction successfully and confidently. From contacting seller to due diligence and payments. I hope it will be useful for beginners.
How to Buy Your First Side Project
📰 Looking for new owners
Free tools you can start using without signing up
Free tools you can start using without signing up
  • $141 in Revenue
  • Business model: Sponsorships
  • 1,100 newsletter subscribers
  • Target audience: Developers
  • Built with Next.js and Airtable
  • Founded in 2022
  • Growth advice: Improve SEO and introduce paid tiers
🔥 Asking Price: $3,000
Find where your car is parked easily
Find where your car is parked easily
  • $1,300 in Annual Revenue
  • Business model: Advertisements
  • 75,000 downloads and 400+ daily active users
  • Target audience: Drivers
  • Built with Nativa Android and Firebase
  • Founded in 2012
  • Growth advice: Promote product in supermarkets and parking
🔥 Asking Price: $11,000
Easily create mobile and web apps without code
Easily create mobile and web apps without code
  • $32,000 in Annual Revenue
  • Business model: Lifetime deals and Subscriptions
  • 851 paid customers
  • Target audience: Small businesses and Startups
  • Built with AngularJS, Toast and Firebase
  • Founded in 2017
  • Growth advice: Focus on social media and SEO
🔥 Asking Price: $24,000
💡 Wisdom from subscriber
Tom J
We grew our SaaS from $0 to $1,668,000 ARR in 12 months.

And we're not geniuses.

It all comes down to having the right approach.

Let me unravel each major step we took: https://t.co/qqFXBb7hgu
💌 Share with a friend
If you found value in reading this issue, please share it with your friend.
Stay awesome,
Ilya Novohatskyi
Did you enjoy this issue? Yes No
Ilya Novohatskyi
Ilya Novohatskyi @ilyanovohatskyi

Microns is a newsletter where you will find your next startup to buy.

Every Thursday, you will get an email with a few micro-startups for sale, a helpful column about running a company, and insights from my businesses.

Join 3,500+ entrepreneurs and investors looking for their next acquisition.

In order to unsubscribe, click here.
If you were forwarded this newsletter and you like it, you can subscribe here.
Created with Revue by Twitter.
30 N Gould St Ste R Sheridan, WY 82801

Older messages

Grow your marketplace into community

Thursday, October 27, 2022

Hey guys. This week was fantastic except for electricity problems that covered all parts of Ukraine. View online Ilya Novohatskyi Ilya Novohatskyi @ilyanovohatskyi Hey guys. This week was fantastic

Almost 80% of buyers are looking for profitable Micro-SaaS

Thursday, October 20, 2022

Hey everyone. I fully recovered from my illnesses and am feeling much better. Thank you, everyone, fo View online Ilya Novohatskyi Ilya Novohatskyi @ilyanovohatskyi Hey everyone. I fully recovered from

Stickers in exchange for a small survey

Thursday, October 13, 2022

Hey guys. This week I got sick and visited my doctor. Not a COVID. Just sore throat, high temperature View online Ilya Novohatskyi Ilya Novohatskyi @ilyanovohatskyi Hey guys. This week I got sick and

We sold four startups with GMV of over $33,000 in September

Thursday, October 6, 2022

Hey guys. That's was an incredible week. My girlfriend and I celebrated my birthday (turned 25) and i View online Ilya Novohatskyi Ilya Novohatskyi @ilyanovohatskyi Hey guys. That's was an

Earn 50% for every referred buyer - the highest rate in the niche

Thursday, September 29, 2022

Hey guys. It was a great week. I got vaccinated yesterday so this issue will be slightly short. Feeli View online Ilya Novohatskyi Ilya Novohatskyi @ilyanovohatskyi Hey guys. It was a great week. I got

😤 Day 2: Clients… can't live with 'em, can't shoot 'em.

Friday, December 2, 2022

Freelancember Day 2 “Clients… can't live with 'em, can't shoot 'em.” Ever looked down the barrel of one more meaningless, destructive change request, overcome with the urge to strangle

Issue#69: Building $1K - $10K MRR Micro SaaS around AI based E-Commerce Solutions

Friday, December 2, 2022

Welcome to the 193 new subscribers joined this week. Today our Micro SaaS HQ ecosystem is one of the biggest ecosystem exclusively meant for Micro SaaS builders/founders. Micro SaaS HQ Community

From prisoner to multi-millionaire

Friday, December 2, 2022

What a 2022, amigos! Highs, lows, mediums and so many experiences. What's 1 thing you are looking forward to next year? Hit me back and let me know. For me—I'm looking forward to working abroad

10words: Top picks from this week

Friday, December 2, 2022

Today's projects: Kuuka • statsph • Whatsfy.com • Relancer • ScaleTrade.ai • Karta • Stack • Sumriddle • Margo • Harlow • Denario • Obolify • GuitarApp 10words Discover new apps and startups in 10

Today's Digest: The Zusha principle of self-development

Friday, December 2, 2022

Your Indie Hackers community digest for December 2nd ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

the future of digital health in 30 minutes

Friday, December 2, 2022

find out which startups will lead healthcare CB Insights Join us on December 8, 2022 @ 4 PM ET! The Future of Digital Health Webinar Join us for the unveiling of the DH 150 SAVE MY SPOT Hi there, The

Paying the Bills While Building Your First Indie Business — The Bootstrapped Founder

Friday, December 2, 2022

How to keep the lights on and still make progress towards your business goals ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

It's Okay If You're Undecided,

Friday, December 2, 2022

Here's help! Hey , do you need help starting or growing your online store? Perhaps you want to grow your store's instagram account? Or you want to explore the easier route of listing your

Time to explore the turbulent VC landscape 🌪️

Friday, December 2, 2022

View this email in your browser. Sifted Talks Hi there, With the end of the year in sight, it's time to reflect on a ruthless 2022 for European startups. As such, we're hosting some unmissable

Audience = leverage 🏋️‍♀️

Friday, December 2, 2022

Do this sooner than later ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌