just wrapped up month 2 at $228.5k revenue from @InterviewCoder, with $224k in profit; here's some figures and thoughts:
94% of revenue is from monthly subscriptions ($60/month), and monthly churn is sitting at around 35%.
our profit margins are around 99%; the only real costs are coming from our monthly vercel bill (~$3,000).
API costs are zero considering we limit users to 50 requests a month and we're still using random free credits.
all growth thus far has been pretty much completely organic. we've spent $500 on Reddit ads, but are going to start looking into rev ops + paid ads.
Interview Coder is just the start. This is a single, tiny vertical that this technology has tapped into, but this specific UX has a much broader consumer use case.
My life has changed very drastically these last two months. I'm not sure that I'll ever post as transparent an update as this again, but my intention is to inspire other young people to swing big.
The golden age of building is NOW, and NOTHING is saturated. There is billions of dollars in delta from GPT wrappers and products that you can build in days/weeks if you just market it correctly.
As a young person, your viral intuitions are better than anyone else's and in this age where building is this fucking easy, THAT is the most valuable skill in the world right now.
Take bigger risks; you will look back in 10 years and regret not taking advantage of the fucking gold rush of opportunity sitting in front of you.
@jackfriks it's just hard to understand this until you've been through it. The uncertainty, the doubt, the constant feeling that it might all be a waste
sometimes you just wish you could skip ahead to the 'wake up' part where it all makes sense