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I just sold my first-ever startup, Summify, for $30,000 on @acquiredotcom 🔥🎉
Summify started as my weekend project last October. I only knew how to code and nothing else. But I wanted to be a solopreneur.
The journey was long and hard, but the lessons I learned were invaluable.
🏁 The Beginning
I didn’t do any validation ( I didn't know even what is validation )
I built Summify because I needed it myself - Scratching my own itch.
I just built it and ship it and posted it on Reddit hope for the best.
Three days after launching, I sold my first subscription😍 This was a good sign that people wanted my product.
But I quickly learned that knowing how to code wasn’t enough at all. 🫠
I had no marketing skills.
What are feedback channels?
Should I reply to all emails?
How do I deal with angry customers?
Churn rate? what is it?
How do I set up ads?
Where can I find customers?
And so much more…
I soon realized I had a lot to learn.
Big thanks to @marclou and @nico_jeannen. I read all your tweets and blog posts, and they changed how I thought about building, shipping, and marketing.
I went with trial and error approach, Just read and testing live in production.
Every experience taught me something new, especially What I should not do.
It took Summify three months to reach $500 MRR. It might have been slow growth, but I didn’t mind. I was happy even making $5 MRR because I was learning so much.
After eight months, Summify hit $2,500 MRR and then settled around $1,500 MRR.
🏁 The End
11 months later:
Over 15 million minutes summarized for 29,000 users.
Summify got acquired! 🎉
Looking back, selling my first indie project was a dream I didn’t know I could achieve in the first year.
Now, I’m more eager than ever to keep building and learning new things.
keep shipping!
#buildinpublic
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