Upgrade to Pro
— share decks privately, control downloads, hide ads and more …
Speaker Deck
Features
Speaker Deck
PRO
Sign in
Sign up for free
Search
Search
From Idea to $5000 a Month in 5 Months
Search
Josh Pigford
April 14, 2014
Business
381
46k
From Idea to $5000 a Month in 5 Months
My MicroConf 2014 talk on growing Baremetrics.
https://baremetrics.io
https://demo.baremetrics.io
Josh Pigford
April 14, 2014
Tweet
Share
More Decks by Josh Pigford
See All by Josh Pigford
Baremetrics State of the Metric: Austin 2016
shpigford
4
3.7k
4 Signs Your Business is Dying
shpigford
180
21k
Products: Ship ‘em & Kill ‘em Fast & Frequently
shpigford
29
3.8k
Other Decks in Business
See All in Business
3分でわかるDomuz(採用資料)
kimpachi_d
0
13k
XP祭り2024 『アジャイルとは何か?なぜアジャイルなのか?』1年間のアジャイルコーチとの1on1を通してやっとわかったアジャイル
yasuhirokimesawa
0
290
Company Deck for Engineers
cuolega
0
130
マイナンバーを活用した申請手続の簡素化
tokyo_metropolitan_gov_digital_hr
2
240
【キャリア採用】BuySell Technologies会社説明資料
buyselltechnologies
2
73k
【BlueBean】提案資料
my0313
0
530
俺とStripe -業務用自動車レンタルサービス BNR-
pharaohkj
2
200
朝日新聞社 ITエンジニア キャリア採用 紹介資料
asahi_cto
0
460
Sustainability Report
kuradashi
0
17k
Bridging the gap between your SEO strategy and success.
mrhfmn
0
170
ネクストビートコーポレートガイド/corporate-guide
nextbeat
2
76k
対話をする前に 知っておくべきこと -人格主義を基本とする関係構築-
rakuraku0615
0
370
Featured
See All Featured
We Have a Design System, Now What?
morganepeng
50
7.2k
I Don’t Have Time: Getting Over the Fear to Launch Your Podcast
jcasabona
27
1.9k
ReactJS: Keep Simple. Everything can be a component!
pedronauck
664
120k
Keith and Marios Guide to Fast Websites
keithpitt
408
22k
Fight the Zombie Pattern Library - RWD Summit 2016
marcelosomers
231
17k
実際に使うSQLの書き方 徹底解説 / pgcon21j-tutorial
soudai
167
49k
Fontdeck: Realign not Redesign
paulrobertlloyd
81
5.2k
Building Your Own Lightsaber
phodgson
102
6k
The Psychology of Web Performance [Beyond Tellerrand 2023]
tammyeverts
40
2.1k
10 Git Anti Patterns You Should be Aware of
lemiorhan
653
59k
The Cost Of JavaScript in 2023
addyosmani
43
5.9k
XXLCSS - How to scale CSS and keep your sanity
sugarenia
246
1.3M
Transcript
From Idea to $5000 a Month in 5 Months What
I learned building baremetrics.io
Josh Pigford @Shpigford
baremetrics.io
demo.baremetrics.io
Brief History
IDEA October 14
LAUNCHED November 14
Month 1 TIMELINE $0
Month 2 TIMELINE $1000 + 21
Month 3 TIMELINE $1650 + 30
Month 4 TIMELINE $3200 + 64
Month 5 TIMELINE $5300 + 94
Month 6 TIMELINE $8300 + 125
IN 1 YEAR SILICON VALLEY CRYSTAL BALL $4,100,000 + 65,000
5 Takeaways
Build what you need, not what you think others need
You have a problem. Chances are you’re not a unicorn.
Worst case: You solved your own problem.
Charge from day one
All those product validation tips?
Bogus.
There is only one type of validation.
Money.
Charging money shouldn’t be scary.
Saving someone time or money or creating value?
Charge for it.
Think it’s not ready? Chances are, it is.
Stop trying to attain the perfect product
“If you are not embarrassed by the first version of
your product, you’ve launched too late.” Reid Hoffman, LinkedIn
First version of Baremetrics? • Half the metrics • Forced
stats in to calendar months • No deep-diving in to data • Updated once per day
First $2,000 of MRR came from that
Bought time to learn the intricacies of the problem I
was solving
2 months after launch: Rebuilt from scratch Result: Doubled MRR
Ship fast Ship frequently
8 days of design & development
Spread across 30 days of juggling clients, 2 other SaaS
products and international travel for 10 days
Ship it fast: you have no excuse.
After you ship it fast, keep shipping it fast
Shoot for small pieces of larger features
Price for the customers you want
$9 customer is an entirely different customer than $99
Focus on customers that aren’t price conscious
General Rule If the businesses you target don’t charge much
money, don’t expect to make much money from them.
1. Build what you need 2. Charge from day one
3. Stop trying to attain perfection 4. Ship fast & frequently 5. Price for customers you want
Josh Pigford @Shpigford
[email protected]
shpig.me/ideato5k