Today, I am starting a new series where I share my journey to making my first 111k USD while building in public.
Why 111k? Why not 100k, or 10k, or a million? You see, 111k USD is almost exactly one crore INR (1,00,00,000 INR), and it is a life-changing amount of money where I live. It's also an amount that sounds ridiculous when you consider that my business is just me and my laptop. I'm sharing the entire journey: all the wins, and all the losses.
So, how am I going to do this?
I code for a living, and it's probably the only thing I know how to do, at least moderately well. So that's how.
Why am I doing this?
I have tried my hand at doing a bunch of things since I started freelancing full-time over 3 years ago:
1. Techoffee: this is the brand under which I do all of my "agency" stuff like building websites and setting up Shopify stores
2. FortnightMVP: a service to build SaaS MVPs in around 15 days; has had maybe 2 clients since launch, and all offline, from people I knew already
3. Freelancing: I'm on Fiverr, and it is currently my primary source of income; I took up a few projects offline, but not many; I wanted to expand into Upwork, Toptal, and others, but haven't had any luck there
4. SaaS: I help build a hotel management software called StayElf, and it's got some early traction, but I want to scale it up; I have built a few other apps like TransDub and SkyKeeper, but none got much traction
None of these have been truly successful. I haven't really "made it" yet. I have gotten by ok, but it feels nowhere near what I know I am capable of doing. I have a list of ideas which I have only talked about building, but never did. I suck at marketing, and haven't really done or tried to do much of it, except maybe create a couple of social media posts, and wait for enquiries to land in my Fiverr inbox.
So this is my way of taking a proper shot at trying to do better, and building a successful business. This is my way of trying to grow and upskill.
Some rules for myself:
- Be obsessive about hitting this goal; make every minute count; win or lose, give it everything I've got
- Be honourable in pursuit of this goal, and always
- Do the hard things
It just so happens that I signed on a new freelance project, and have received the first milestone payment: 332 USD (0.299 % of 111k goal).
#buildinpublic
Day 30-86 of making $111k USD while building in public
Progress: $3263 (2.94% of goal)
Made some money with freelance projects, learnt a lot, built a lot, got through my openclaw phase. π
#buildinpublic
Day 29 of making $111k USD while building in public
Progress: $1397 (1.26% of goal)
Made $92 from a payout for referrals and commissions.
#buildinpublic
With TransDub, I've been on the wall too long because auto dubbing is now available on YouTube. I'm not really sure if anyone would pay for this now, although I have 100+ on the waitlist (not sure how many of these are real, though)
111k is 1 Crore INR (1,00,00,000) and it's a life changing amount of money. That's why 111k π
Day 24 of making $111k USD while building in public
Progress: $1250 (1.13% of goal). Made $90 from a Fiverr gig.
I've been feeling a bit optimistic about this after I crossed the 1k mark. It's a 50 here and a 100 there, but it all slowly seems to add up :)
#buildinpublic
Day 22 of making $111k USD while building in public
Progress: $1160 (1.05% of goal).
Made $556 from a project payment. We've officially crossed the $1000 hump! π
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Day 21 of making $111k USD while building in public
Progress: $604 (0.54% of goal). No revenue today.
I made a Google Sheet to track progress, and it tells me I only have to keep doing this for the next 10.72 years. Wish me luck!
#buildinpublic
Day 20 of making $111k USD while building in public
Progress: $604 (0.54% of goal). No revenue today
Shipped an activity log feature for StayElf, and a Google Tag Manager integration.
#buildinpublic
Day 17 of making $111k USD while building in public
Progress: $604 (0.54% of goal)
Made a modal + completed a milestone in a freelance gig π
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Day 15 of making $111k USD while building in public
Progress: $604 (0.54% of goal). Got paid $180 from a freelance gig.
At this rate, it's going to take me a hundred months to hit my goal π
#buildinpublic