When I quit my job 6 months ago, I was mentally prepared and expecting no revenue for the whole first year. So this is super AMAZING!
I’m super grateful for having your support on Twitter, Product Hunt, and here in this newsletter! ❤️
If you are new to my newsletter, check the
previous issues to see my journey (so far).
Some thoughts
At this MRR; the one-off revenue from
DevUtils.app; and other income sources, I can live comfortably at almost anywhere in the world.
Circumstances have not allowed me to travel much this year, but I’ll do it as soon as I can.
I can’t retire yet, but the short-term financial independence allows me to be less stressed about things I don’t enjoy doing (like doing marketing 😂) and spend more time doing what I love.
I love building software and seeing people use it. I’ve been doing it
since I know how to program, and now have the freedom to do it again!
My new goal
My target now is to make
DevUtils the must-have app for all developers (like Chrome DevTool!), and make
Black Magic the best companion app for all Twitter power users (like TweetDeck!).
Having more revenue is nice, but chasing that metric too closely will often lead to some “not-so-good” outcomes (e.g., dark patterns). From 5K MRR onwards, I want to focus more on building great products, rather than growing fast.
Since I’m an active user of both of my products, I’m pretty sure I’ll benefit a lot from this new goal! 😂 (Also true for all of my existing customers.)
I think it’s more important to keep the existing customer happy than to seek more customers, especially for subscription-based products.