Hey guys.

In today’s newsletter, I’ll share how we did in February and my future plans with Microns.

There are only four days left until the big launch of Microns v2, and I’m so pumped to present it to you next week. It’ll be a super event for me and the whole bootstrapped world.

Thank you, everyone, for your warm words and support. I appreciate it, and it motivates me to move the needle.

This issue is full of useful information, and I hope you’ll enjoy it.

👋 Welcome

Welcome to the 36 new people joining this week.

Let me know what you think of your first issue. Replying helps Google realize it’s not a spam.

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Now let’s crack on with the newsletter ☕️

🎉 Recently sold startup

We recently sold a newsletter called Remote Profile. It curates high-paying remote jobs worldwide. It is sent three times a week and includes information about the hiring company.

At the time of the exit, Remote Profile had 1,015 subscribers and $80 in annual revenue. It was built using Beehiiv. The project was sold for $2,000 ($1,97 per subscriber). The sale also included X/Twitter social media profile (1.2k followers) & LinkedIn business page (50 followers).

Newsletters will always be a great target for acquisition because they help SaaS and other types of apps access the audience to build trust, loyalty, and increase sales.

They’re also a good standalone business that could be monetized through sponsorships. Just make sure to value this type of asset right. For more details, check my post on how I evaluate newsletters' worth.

If you have a profitable startup, feel free to submit it, and we'll find you a buyer.

Sell Your Startup →

📊 Monthly update

In February, I focused mainly on the big launch and taxes.

During that month, I tested and recorded fixes for Microns v2. This was in preparation for our upcoming launch of a new marketplace on March 11th. It took me so much effort and resources, and I hope you like it.

Now, I have a clear vision of what I’m building and where I want to be. I’ve read a couple of articles recently, and they impacted me a lot. Josh Breinlinger, in one of his posts, calls it master marketplaces — the platform that focuses on exceptional quality and sells access to an elite pool.

I realized I want Microns to become an Amazon for all things micro-startups, from exclusive access to the best startup deals to the top remote professionals.

High-quality service, vetted listings, serious buyers, and the smartest community around the globe. That’s my goal and my vision for Microns. And we’ll reach it step by step together with my customers.

First of all, I want to let you know that Microns is a fully bootstrapped company with no external investments. That’s why I treat all my customers as my investors. It will be fair to share our financial metrics with them because, without them, it wouldn’t be possible.

In 2023, Microns earned $40k, which is 48.8% more than the previous year. This is a great sign. I reinvested almost everything into a new platform because it will allow us to implement things we couldn’t do with our old tech stack and scale more easily. We spent $5k on tools and software, but this number will drop significantly up to 50% as we move to the new stack.

I’m glad about our financials and growth. In 2024, I predict that revenue and customer base will grow 50-80%. I already have a plan on how to achieve it.

📰 Looking for new owners

Business Newsletter For Teenagers

• $170 in Annual Revenue

• Business model: Ads, affiliate marketing

• 2,833 subscribers

• Target audience: Young entrepreneurs

• Built with Beehiiv

• Founded in 2023

🔥 Asking Price: $2,300

View Startup Details

Personalized Soundscapes App

• $3,500 in ARR

• Business model: SaaS

• 3,500 users

• Target audience: Entrepreneurs, Scientists

• Built with HTML, CSS, JavaScript

• Founded in 2021

🔥 Asking Price: $10,000

View Startup Details

Luxury Jewelry Online Store

• $90,039 in Annual Revenue

• Business model: Dropshipping

• 1,090 customers

• Target audience: Women (24-52 y.o.)

• Built with WordPress, WooCommerce

• Founded in 2022

🔥 Asking Price: $20,000

View Startup Details

📚 Recommendations

Indie Hustle: A database of one-person business interviews and stories. Discover interesting side hustles run by indie founders that you can start.

💡 Wisdom from subscriber

💌 Share with a friend

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To view previous newsletter issues, check our library.

Stay awesome,

Ilya Novohatskyi

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