Microns 🚀

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We finish our first operating year with $25,000 in revenue
newsletter.microns.io

We finish our first operating year with $25,000 in revenue

Ilya Novohatskyi
Nov 25, 2022
Share this post
We finish our first operating year with $25,000 in revenue
newsletter.microns.io

Hey guys.

Thank you so much for waiting. This week, I was forced to postpone the newsletter because there were no internet and electricity in Ukraine due to the Russian attacks.

For this reason, I bought a generator and soon will buy a Starlink, so I can work anywhere regardless of the circumstances. Currently, the situation is controlled and more stable.

Today, I'll share our revenue stats, key learnings, and a new startup acquired in one week for 90x MRR.

Besides this, I added a new section called growth snack, describing how we would grow the project if we were a buyer in the interactive form of a Twitter thread. If you don't like it, please let me know. Later we'll have threads on how to build the project if you were a founder.


Photo by Clayton Cardinalli on Unsplash

👋 Welcome

Welcome to the 54 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.

Prefer LinkedIn? Reach out to me here.

Now let’s crack on with the newsletter ☕️

📈 Annual revenue update

In a few days, our first subscriptions from early users will renew. And for this reason, I'd like to share our revenue stats for our first year.

When I started Microns, a standard annual subscription price started at $99. It was very tough to convince people to pay for access to 30 listings and the potential to grow, but everything started small.

I value my early adopters, and thus, I will keep the price for their lifetime of using Microns. The price will stay the same for as long as you pay for the subscription.

Twitter avatar for @ilyanovohatskyi
Ilya Novohatskyi 🇺🇦 @ilyanovohatskyi
Microns crossed $25,000 in ARR. It's a 12,605% growth rate 🚀
Image
6:45 PM ∙ Nov 21, 2022
98Likes4Retweets

I didn't have millions in my pocket when I started. I didn't raise any investments. My team and I achieved these results because of consistency and hard work; nothing else matters.

If we did this, then you definitely can do this with your next micro-SaaS, e-commerce, or mobile app. Just believe in your startup and have a clear goal of helping others.

🎉 Recently sold startup

This week we sold one more startup. It was a cold outreach tool specifically for Twitter. The founder worked on the project for three months before selling and reached an insanely 90x MRR exit. This deal happened so fast in one week.

Twitter avatar for @0xshrini
Shri @0xshrini
I just sold my 1st startup (Cold DM) for almost 90x MRR 🎉 It's been an amazing ride these 3 months since I started my #buildinpublic journey. Time to celebrate this small win ☺️
Image
2:08 PM ∙ Nov 18, 2022
41Likes6Retweets

When I started Microns, one of the first people I found in the space was Andrew Pierno. He co-founded XO Capital, a company that acquires, grows, and sells small online businesses.

I love his newsletter, where he writes about his acquisitions and developing project strategies. These stories inspired me. He was undoubtedly my idol, and I wanted him to become my customer.

Twitter avatar for @AndrewPierno
Andrew Pierno @AndrewPierno
XO Capital's latest (Snack)quisition (#7)! Welcome colddm.me to the fam!
notes.xo.capitalAcquisition #7 - Cold DMThis week we closed on a Twitter DM tool. Check It Out It’s the smallest deal we’ve ever done. Are we going backwards? What’s up? We’re working on our largest deal ever. Hopefully it will close early next year, we’re on a path for that one and it’s looking great,
2:46 PM ∙ Nov 18, 2022
25Likes1Retweet

And boom, he became our customer and made a snackquisition. In his recent newsletter, he described how he plans to 10x the investment in three months. I'm excited to see it!

After all, Andrew, we must do an interview when this happens so more people can inspire by your example.

📰 Looking for new owners

Automate subscriber additions on mailing lists

MailPoet Automation Tool

  • $100 in TTM revenue

  • Business model: Freemium + One-time purchase

  • 3 customers

  • Target audience: Developers and marketers using the Mailpoet newsletter plugin for WordPress

  • Built with PHP and WordPress

  • Founded in 2020

  • Growth advice: Cold outreach and leverage the WP marketplace

🔥 Asking Price: $500

Searchable directory for cohort based courses

Cohort-Based Course Directory

  • Pre-revenue

  • Business model: Free

  • 3,600 users

  • Target audience: Students

  • Built with Softr and Airtable

  • Founded in 2021

  • Growth advice: Sell paid packages to course providers

🔥 Asking Price: $3,000

Website helps Shopify users find trending products

Trending Products Research Tool

  • $26,000 in ARR

  • Business model: $97/month subscription and DFY service upsell

  • 625 customers

  • Target audience: Shopify and AliExpress users

  • Built with Bootstrap, Flask, and MySQL

  • Founded in 2018

  • Growth advice: Outreach to e-commerce store owners, affiliate marketing, and paid ads

🔥 Asking Price: $90,000

🌱 Growth snack

It's a new format, so I would love it if you shared some feedback so we can improve over time.

Twitter avatar for @micronsio
Microns @micronsio
How we'd grow the Parked Car Locator App to $5k MRR in six months: a step-by-step guide ⬇
7:33 PM ∙ Nov 19, 2022
12Likes2Retweets

ℹ️ To acquire this and other startups, you only need to purchase our premium subscription. We don't charge the commission from our buyers.

Parked Car Locator App For Sale - Microns.io

Find where your car is parked easily. There is a lot of opportunity for growth by investing in marketing, implementing new features, and improving overall usability. Built with Android and Firebase.

💡 Wisdom from subscriber

Twitter avatar for @DanKulkov
Dan Kulkov 🧲 @DanKulkov
We had nothing 6 months ago. No audience, no revenue, no products. Yesterday we crossed $21 000 in revenue 🤯 Here are 10 actionable lessons from this journey.
Image
1:22 PM ∙ Nov 3, 2022
306Likes25Retweets

💌 Share with a friend

If you found value in reading this issue, please share it with your friend.

You can read our previous issue about being a good startup seller.

To check all newsletter issues, visit our library.

Stay awesome,

Ilya Novohatskyi

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We finish our first operating year with $25,000 in revenue
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