Tell HN: My Microstartups make $500/day while I'm sleeping

Article summary

The author, a serial microstartup maker, shares their experience of reaching a daily revenue goal of $500 with their microstartups, which took 3 years to reach $300/day but only 4 months to reach $500/day. The business model is a mix of app sales, subscriptions, affiliates, and ads. The author spends only 10% of their time maintaining and fixing bugs. The microstartups have seen significant revenue growth, with one reaching $50K/year and another reaching $117K/year.

Main themes

• microstartups
• revenue growth
• business models
• validation and failure
• marketing strategies
• maintenance and scalability

What commenters say

• Validating an idea quickly and failing fast is crucial for success in microstartups.
• Having a clear business and marketing plan is essential before diving into a project.
• Joining an existing market with stagnant or lacking products can be a better strategy than trying to create a new market.
• Some argue that making a significant income from microstartups requires a lot of skill, creativity, luck, and hard work.
• Others believe that with the right mindset and strategy, it is possible to create a successful microstartup with relatively little maintenance.
• The importance of distinguishing between what can be done and what needs to be done is emphasized to minimize time investment in maintenance.
• The choice between continually updating a product and considering it 'done' is a crucial decision for creators.
• Having an obvious call-to-action for users to give money can significantly impact revenue generation.