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

Ilya Novohatskyi

Nov 25, 2022

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.

👋 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.

Ilya Novohatskyi 🇺🇦 @ilyanovohatskyi

Microns crossed $25,000 in ARR. It's a 12,605% growth rate 🚀

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.

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 ☺️

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.

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,

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

🌱 Growth snack

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

Microns @micronsio

How we'd grow the Parked Car Locator App to $5k MRR in six months: a step-by-step guide ⬇

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.