Merge branch 'add-550mrr-blogpost' into coverletter-making-550

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vincanger 2024-12-17 13:53:11 +01:00
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---
interface Props {
id: string;
}
const { id } = Astro.props;
---
<style>
.tweet-wrapper {
transform: scale(0.85);
margin-bottom: 0rem;
}
/* Target the Twitter iframe to reduce padding */
:global(.twitter-tweet-rendered) {
margin: 0 !important;
padding: 0 !important;
}
</style>
<div class="tweet-wrapper">
<blockquote class="twitter-tweet">
<a href={`https://twitter.com/x/status/${id}`}></a>
</blockquote>
</div>
<script>
declare global {
interface Window {
twttr: any;
}
}
window.twttr = (function(d, s, id) {
var js, fjs = d.getElementsByTagName(s)[0],
t = window.twttr || {};
if (d.getElementById(id)) return t;
js = d.createElement(s) as HTMLScriptElement;
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fjs.parentNode?.insertBefore(js, fjs);
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t._e.push(f);
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return t;
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</script>

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---
title: My SaaS only makes $550 a month and I think thats amazing
date: 2024-12-03
tags: ["indiehacker", "saas", "sideproject", "webdev", "marketing"]
---
import Tweet from '../../../components/Tweet.astro';
import { Image } from 'astro:assets';
import coverlettergpt from '../../../assets/coverlettergpt/coverlettergpt.webp';
Yesterday I posted a video on [Twitter](https://x.com/hot_town/status/1863553258586820976) and on [Reddits r/sideproject](https://www.reddit.com/r/SideProject/comments/1h4t8vk/my_saas_only_makes_550_a_month_and_i_think_thats/) expressing my opinion that I think super simple SaaS apps that only make a small amount of side income should be your goal when starting out.
And the response was overwhelmingly positive.
<Tweet id="1863553258586820976" />
Let me explain what I mean in more detail:
**I often think that developers trying their shot at building a side project take it too seriously**. Yep, you read that right.
They should think of their side project as an experiment, not a business.
Because in the early stages, thats what it is. Its just a test to see if people are willing to pay for a (software) product that you offer them.
So instead of following all the “rules” around building a profitable SaaS, you should be breaking some of them.
Here are some examples of what I mean:
- Forget a shiny landing page, just take your user straight to your product and let them try it out, if possible.
- Keep your initial product as simple as possible. Make it easy for the user to comprehend and get started with.
- Dont spend more than a month building it.
- It doesnt matter if its ugly, you can improve it later.
- Use the tools that help you build the fastest, not the ones that others tell you you should be using.
<a href="https://coverlettergpt.xyz" target="_blank">
<Image src={coverlettergpt} alt="CoverLetterGPT" loading="lazy" width={700} height={700} style="padding: 1rem;" />
</a>
These tactics are exactly what I used to build and launch [CoverLetterGPT](https://coverlettergpt.xyz) and get it to ~$550 monthly recurring revenue (MRR) after a year.
It doesnt have a landing page.
Its not optimized for SEO.
I built it in about a week.
The UI is… not the prettiest.
Its a .xyz domain (not .com or .ai).
And I do little to no maintenance on the app, nor do I have to deal with customer service.
And I love it and will probably be keeping it that way.
By the way, heres my favorite tech stack that I used to build it, but you should use whatever helps you build & launch fast:
- Framework: [https://wasp-lang.dev](https://wasp-lang.dev/)
- TIP! Use their [free, open-source SaaS template](https://opensaas.sh) to build even faster
- UI Components: https://www.chakra-ui.com/
- Deployed to Railway: https://railway.app/ & Netlify: https://netlify.com/
- Costs ~$15/month to run including OpenAI API fees
In my opinion, its all about tradeoffs.
Personally, Im lazy, so I want maximum reward for minimal effort. That means I dont want to spend a lot of my free time maintaining apps Ive already built (to be honest, Im a lot like most developers and I like to try out and work on lots of new ideas, rather than focus a lot of energy on stale ones).
So, for me, $550 MRR is amazing! Its enough side income for me because Its an app that basically runs on auto-pilot next to my full-time job, that I dont have to worry about.
If youve been thinking about building a SaaS app for a while, but havent taken the plunge, remember this: its just an experiment.