Hey guys.
Last week I traveled with my wife to the western part of Ukraine. We've spent four days climbing the mountains, swimming in a pool outdoors, taking hammam, and researching castles in Kam'yanets'-Podil's'kyi. It was a beautiful weekend, but I had already missed you. So, let's get back to work.
This week you'll see what changes we've made to our site, how a first-time seller sold his project and one place where you can read about money-making startups.
Before this, I want to share one small milestone: we reached 4k newsletter subscribers 🎉 Thank you to everyone who reads this newsletter.
Recently, I was interviewed by the founder of Startups. It's a newsletter that shares valuable information about founders building profitable projects. I read a few similar interviews to mine and was excited, so sharing this with you.
In the next episode, I'll post Microns annual update, where you can find interesting data to evaluate your project correctly.
👋 Welcome
Welcome to the 101 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 ☕️
🎉 Recently sold startup
One more deal is closed successfully. This time the founder was a first-time seller. However, it didn't prevent him from closing the deal with the buyer. Why? Because he asked us many questions, learned a bunch of materials, and prepared the project for sale.
I really love such stories because they inspire more people to act. Words are nothing; only actions show who you are and what's worth. Executing with mistakes is more important than thinking about excuses. So keep learning, building, and experimenting. It's the only way you can make yourself better.
One more thing from me: if you send us a founder who would sell the project on Microns, I'll pay you a $100 bonus for referral. The only requirement is that the transaction should flow through our escrow service. Happy coding!
🧱 Website changes
More interactivity with founders and more clarity for buyers. The how it works section will help sellers showcase their projects and get more buyer requests. Available only for premium members.
Story-based description makes the overview of the project colorful. Buyer has more information upfront and can understand some things behind the project better. It will improve communication between the two sides. Available for everyone.
Competitors field will help buyers to find more opportunities. Included assets will define all things that will be transferred to the buyer after the sale. Plus, sellers will argue the price clearly on the listing page.
The new footer looks more professional, the same as the navigation. We reworked them for clarity and to better surf the site.
📰 Looking for new owners
Startup Ideas Newsletter
Pre-revenue
Business model: Free
1,200 subscribers
Target audience: Startup founders and business owners
Built with Substack
Founded in 2022
Growth opportunity: Cross-promotions with other newsletters and sign sponsorship deals
🔥 Asking Price: $2,400
No-Code Tools Directory
$150 in Annual Revenue
Business model: Sponsored listings
17,000 lifetime visits
Target audience: No-code developers
Built with 11ty, TailwindCSS and Netlify
Founded in 2020
Growth opportunity: Use cold outreach to add more paid listings and grow the directory
🔥 Asking Price: $3,500
Email Lead Capture Tool
$31,000 in Annual Revenue
Business model: Affiliate
4,000 customers
Target audience: Marketers
Built with MeteorJS
Founded in 2018
Growth opportunity: Build a scalable sales funnel targeting the lead generation/email marketing niche and partner with agencies to sell the product as a white-label solution
🔥 Asking Price: $49,000
💡 Wisdom from subscriber
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Stay awesome,
Ilya Novohatskyi