Nico

building

[Nico @TheNickVerger]

@filippkowalski Because of that: https://t.co/Roi4tgCrWD

[Daniel Doyon @deadly_onion]

My cofounder @homsiT and I are increasingly being asked for advice on how to build a *sustainable* consumer saas business.

Let me share some thoughts on the single most important concept we wish we knew before starting @readwise.

It's called 📈 CARRYING CAPACITY 📈

[Nico @TheNickVerger]

@nickbakeddesign I guess you are talking about @dgut_... Well you are not alone! A lot of us never got our investment back. Back then, he confessed to me he had already spent all the money.

[Nico @TheNickVerger]

@hiddnest @mil000 A moat is a business's unique competitive advantage

[Nico @TheNickVerger]

@lucas_chae @aamdmn Would love to know the process too !

[Nico @TheNickVerger]

@DmytroKrasun @marclou Do you keep eating natural sugar (fruits, honey and so on) or did you entirely quit sugar ?

[Nico @TheNickVerger]

@dagorenouf

[Nico @TheNickVerger]

@cormachayden_ That starts with solving your own painful problems imo. Not someone else's.

[Nico @TheNickVerger]

@Thomasbcn @desmondhth and @alexcooldev scaled their apps (Rise and Feynman AI respectively) to ~$20k in monthly revenues using only organic content on insta and Tik Tok. Not bad I would say !

[Nico @TheNickVerger]

@thepatwalls @starter_story PS: that was not a dig at him. I'm just surprised at how capital intensive his business is.

[Nico @TheNickVerger]

@thepatwalls @starter_story Double that. 80% operational profit margin.

[Nico @TheNickVerger]

@elliot_garreffa interested

[Nico @TheNickVerger]

@phlpcrlsn @sleepcycle According to public records, they’re doing $21M in annual revenues and $5.3M in profits 🤯

[Nico @TheNickVerger]

@tibo_maker Damn, at first I thought your car was vandalized or something 😅

[Nico @TheNickVerger]

@filippkowalski Something does not add up. How can they have a 4.8 average rating when 44% of their reviews are 1 star ? Genuinely curious about the trick here.

[Nico @TheNickVerger]

@johnrush Very honest and candid feedback here: it feels like you're trying to brute force your way into success. Maybe do less to achieve more ? Get some rest man !

[Nico @TheNickVerger]

@adrian_horning_ Great timing ! I'm interested

[Nico @TheNickVerger]

Perhaps because the founders you know naturally gravitate toward B2B ? And selling a B2B product to a 15-20 yo kids is... mission impossible ? Tik Tok marketing is tailored to a super young audience and only works for the B2C/prosumer market.

Also, MRR claims can be verified in most cases (sensortower for instance); what makes me sceptical beyond revenues is the profitability and long term viability of these apps.

A lot of them claim to be going viral without spending a penny when they are, in fact, probably burning through 70-80% of their cash reserve to get there.

[Nico @TheNickVerger]

Back in 2017-2018 the term "indie hacker" didn't have the stigma associated to it right now.

It was mainly a community of software engineers who wanted to make a living out of their craft on their terms.

But over the past 3 years the community got much bigger.

A lot of people with self-limiting beliefs and a questionnable professional ethic joined giving the movement a bad rep...

FWIW, just call yourself an entrepreneur. Don't use etiquettes like "indie", "solo", "hacker" and whatnot.

It sends a negative signal. Traps you into a niche and does not inspire confidence to prospective buyers.

[Nico @TheNickVerger]

@piotrkulpinski @heymattia Understandable ! But yeah, a 4th column added to your grid would be better on larger screens without impacting (too much) your whole design system