Microns - We earned $58k in 2024
Hey everyone. This week, I started working on marketing campaign to promote Microns in different niche newsletters. Feel free to reach out if you write newsletters or blogs about startups. Besides that, this week, we developed improvements for our admin dashboard to manage users, listings, offers, and reports easily. It will save Oksana more time and make the process convenient. Also, I discussed some improvements with our designer for March. I'm excited. At the end of this newsletter, in the "Share with a friend" section, I added a short sentence of valuable insight for the day. It's based on my experience, and I hope it will be useful for you. Let me know what you think about this addition. In today’s newsletter:
P.S. Thank you to everyone who reads and shares this newsletter. I appreciate all your support. Together, we'll make Microns successful for all the founders worldwide.
👋 WelcomeWelcome to the 97 new people joining this week. Let me know what you think of your first issue. Want to collaborate? Drop me a DM here. 🤝 Collaboration requestThis week, I started working on a marketing campaign for Microns and plan to sponsor a bunch of creators from the startup and online business world. I'm mostly looking for niche newsletters, but if you have X, TikTok, or a blog, I'd love to hear your ideas for collaboration. I want those creators to use Microns (I provide Premium access) and do their honest review of our marketplace with all the pros and cons. All feedback is valuable and will help us improve the project over time. Even if you want to roast our site and platform, I'd be happy to read :) 📊 Summary of 2024Yesterday, I received a P&L statement from my bookkeeper and was happy with the revenue growth. Microns LLC was incorporated in 2021, and during this period, our marketplace maintained 50% year-over-year income growth. Of course, we still have pretty high expenses, but it mainly relates to design and development. We launched offers features and made many UI/UX improvements. Besides that, I reinvested half of the revenue into growth, such as SEO and sponsorships. It helps us continuously evolve and attract more founders. But this growth wouldn't be possible without my two most important and risky decisions. First, I realized we need to move from MVP into a more sustainable product phase and rebuild the site from a directory into a marketplace. And secondly, hiring people to delegate design and development. During 2023/2024, I hired a designer and developer from Ukraine. Why? Because of communication (we speak the same language) and quality/price balance. By hiring professionals from Ukraine, you get high quality for a mid-price tag. I'm happy working with them almost two years from now. In one year we developed Microns v2 a completely custom and professionally looking site and platform. I launched it on Product Hunt, and we became #1 that day (thanks to my community). We've got a second wave of traction and started working on an offers feature to bring transactions into the marketplace. Earlier, we helped our customers close transactions through transfer service, a fully manual service without automation and statuses. When we started the transfer service, we earned around $2k in the first year and around $5k in the second. Now, we have integrated this service into the platform, added a bunch of automation and statuses, and removed friction. I prognose that the commission revenue will grow at least two times this year, but we'll see how it goes. My main goal is to support founders by offering a curated marketplace for buying and selling startups with ease. And we slowly but steadily go in that direction. If you have a profitable startup, feel free to submit it, and we'll find you a buyer. 📰 Looking for new ownersSEO Toolkit Platform
Asking Price: $2,000 AI-Powered Astrology App
Asking Price: $80,000 Presentation Making Platform
Asking Price: $115,000 💡 Wisdom from subscriber💌 Share with a friendToday’s insight: Sell your startup when it's thriving, not when you're burned out. If you found value in reading this newsletter, please share it with your friend. Stay awesome, Ilya Novohatskyi |
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How we review startups
Thursday, March 6, 2025
Our checklist for vetting startups before they go live on Microns. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Make an offer is live
Thursday, February 27, 2025
You can now make offers and acquire startups safely on Microns. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
How to value a mobile app
Tuesday, December 10, 2024
You'll learn how to determine your app's value and market it to potential buyers. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
How Shri Flipped His Cold Outreach SaaS for $6K
Friday, November 1, 2024
Founder from India sold his micro-SaaS startup for $6000 in just 4 days and then landed a $12000 freelance project — all thanks to Microns. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
20 Micro-SaaS startup ideas for 2024
Thursday, September 19, 2024
Hey guys. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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