Why your side project makes $0
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- āđāļāļĒāđāļāļĢāđāđāļĄāļ·āđāļ 31 āļ.āļ. 2024
- I went from $1K/month to $83K/month in 2 years. Here are 5 mistakes I made as a developer building micro startups (SaaS, AI tools, boilerplate & habits tracker)
ð All my startups - www.marclou.com
âĄïļ Ship your startup in days, not weeks - shipfa.st/
ðĄ Newsletter for solopreneurs (14K readers) - marclou.beehiiv.com/
ðļ Instagram - / marclouvion
ðž LinkedIn - / marclouvion
ðĶ Twitter - / marc_louvion
00:00 - Intro (from 25% to 100% profitability)
00:30 - Mistake 1
03:30 - Mistake 2
04:33 - Mistake 3
07:10 - Mistake 4
08:11 - Mistake 5
09:56 - Outro (the difference between devs who earn $) - āļ§āļīāļāļĒāļēāļĻāļēāļŠāļāļĢāđāđāļĨāļ°āđāļāļāđāļāđāļĨāļĒāļĩ
![āđāļāđāļāđāļĨāļāļāļāļ 1 āļ§āļąāļ!! āļāļāļāđāļāļĢāđāļāļāļŠāļļāļāļāļāļ°!! [Ver.2024]](http://i.ytimg.com/vi/joRT59ilPHg/mqdefault.jpg)
I'm putting all I learned from entrepreneurship into videos, but my channel is still quite new.
You can find more content on my blog - especially about marketing & mindset - marclou.beehiiv.com
Keep shipping âĄ
Hi Marc
Can you make a video about your marketing strategiesððŧ
hey, Marc With lots of projects,I don't know how you find time for reading people's comments but I would love help you out with your newsletter and I want to write you a free email for your newsletter. What do u think? lmk
Hey Marc Lou,
your videos are amazing and really insightful
How do creatives/developers intern for you?
would love to be of service to you and learn how to be an indie hacker at the same time
Would love a video where you recommend how to learn how to code.
I am a good web designer but I have only used CMS systems and cant code. I want to start a project that requires coding and I dont know wether I should buy help or code it myself
"Users don't care about the invisible. Users only care about one thing: they want a solution to their problems" -- facts
They sure don't care about my invisible channel name.
I don't entirely agree with his points after, I can't count the amount of times I've opened a website in light mode and since it doesn't have or support dark mode I instantly clicked off because it killed my eyes. I think some small easy to implement features like that can help with retention
Yes. And someone to sue when it goes wrong.
Mistake List:
1) Free plan
2) Shiny Tech Syndrome
3) Subscriptions
4) Bad headline
5) Over engineering
To do list*
Free plan is not a bad thing for kinda major projects which you come up with new idea. You might even have similar apps already exist on the market free plan brings customers and feedback in early stages. Than you can refactor app according to user feedbacks and new features. Than it is better to go premium features after some popularity and taking feedback stage.
@@selimmidikoglu5534 yes free plan or demo is a must, or at least money back
@@selimmidikoglu5534 No Free plan is bad. But it might be too late to change this mistakes in the industry.
Ayo its my man coding papi
I feel a read a 600 pages entrepreneurship book in 10 minutes. So much knowledge in this video. Having the certainty you are sharing everything based on your own experience with proven results makes it even better. Keep going. You are killing it man. Congratulations.
Haha I agree with all the points, building a product is more fun than marketing, but earning a profit is even more fun! Great video as always.
ðŊ
nice videos man, maybe i should make some too lol
@@mr.objective7703 Thanks! You should!
I dont usually comment on vidoes but honestly this video was great really informative and didnt feel like i was being sold bs, just honest information based of your experience. Keep up the great vids man and gd luck on future projects!
Thank you. This is really helpful for us who are just starting.
Amazing advice. All of your latest videos have been packed with value. Thank you so much
Marc, this is golden! Discovered your channel thanks to the youtube algorithm a few weeks ago and can't stress enough how valuable your insights are for the fellow solo devs out there. Huge thanks!
Another great video Marc! You show failures and what you learned from it. That's the way to go!
Love the content Marc! Thank you these videos are great insights
Love the content Marc. I am working on a SaaS now using your advice.
Great video! Thank you for sharing your experience, I can definitely relate
Awesome video. Your advice is perfect for me. I'm launching my SaaS this month! Wish me luck!
Wow... a 10 minutes video packed with sooo much knowledge. Amazing ð
Thank you Marc, that is so well explained.
hi marc, thanks for sharing this amazing knowledge, I was very confident about selling my sass as a subscription model but not sure anymore after watching you, thanks a lot
Thank you for the video Marc!
Amazing! Having launched few weeks ago, I almost did the exact same mistakes! I really like the content and format!
Hi, thanks for sharing all this. It is very insightful and your content is very inspiring.
finally a geniune video. love ya man
Very nice video man. Learnt a lot
Very much valuable information. Thanks for sharing âĪ
Love your videos Marc!
Loved your explanation, man!
This advice is gold! I often find myself guilty of doing some of these things. I still have a very hard time believing you launch fully functional software businesses in a few days. Would love to see some of your live streams recordings.
Hey Marc, great video!
I also want to start building things on my own, but I have a really hard time coming up with ideas. Maybe it's because most of the time I just build stuff for other people.
Maybe you could do a video on that? How you come up with ideas about a project/startup you want to build?
Thanks for the tips!
Super helpful
Amazing video MarcðĨ
I'm working on a side project right now and this video is perfect timing for me as I'm trying to figure out how to monetize it. Thanks for the insight!
Thanks for sharing your SAAS experience
It was helpful. Thanks Marc
Solid advice, thanks so much!!
Excellent tips! I agree with everything you said.. Sadly learnt the hard way!
Amazing video, straight to the point â
Great stuff Marc!
Thank you this was really insightful and helpful. By the way I just subscribed
Thank You sir.. I need to write these things down in my github online portfolio. These insights are gold.
Love the video Marc.
That was crazy helpful. Thank you
Thanks a lot @marc-lou these are amazing lessons I am learning quite a lot.
Thanks for the video brother ðĪð―
great tips bro, keep it up. merci
Excelent video, educating and for some reason even motivatingð
great content Marc!
Amazing content, thank you for sharing
Very valuable video. Thanks!
Great stuff. Crucial value
Very good video thank you for sharing your experience
Marc growing on social media like a ð
Awesome video Marc! I'm thinking of getting rid of my free plan on my app for a while, this might be a solution to unlock some revenue!
Love the unique content.
amazing advice, thank you very much
Thanks. Very usefull information!
This video is so valuable that I created a new playlist for videos like this one.
Hmm, this is insightful. I guess I will put a few unnecessary features on my app on hold for now. And also try the pay for what you use model. Thanks again for the insight
Pretty sound! Thanks!
Like always, a Great Video. Cheers.
watchign this video makes me thing I need to shift my mindset so much, sound exciting
Great video very nice tips!
Your channel is amazing
HAHA Ship to production!
The definition of "F**K IT, we're doing it live"
I love it
I agree with all points, amazing content ðĨI think without a free plan they will just not use it and there will be the same 3% that bought or maybe a bigger percentage. Trials a way to go anyway
Excellent content ð
00:02 Offering a free plan can kill your revenue
01:19 Free plans may hinder profitability for solo entrepreneurs
02:34 Provide free tools for users to try before purchasing
03:55 Users prioritize solutions over aesthetics.
05:14 Subscriptions have drawbacks for both business owners and users.
06:34 Implement a pay-per-use system for fair user pricing
07:53 Craft an excellent headline for your project.
09:12 Remove anything not directly valuable to the customer.
Crafted by Merlin AI.
Wow, thank you for #3. I was wondering how I was going to implement the one time payment for an OpenAI wrapper. I will definitely use the pay per use model.
I will investigate more about it.
Amazing advices âĪ
so good, thanks!
Glad we have Marc sharing his gems
Thank you for this great content. Please can you teach your marketing techniques ?
Thanks Marc for these tips ! They are very valuable!
Could you please tell us about how you started your journey on twitter ?
Salut et super contenu merci. Je regarde un peu car j'essaye de voir des opportunitÃĐs d'apprendre et ÃĐventuellement d'en dÃĐgager un revenu afin d'Être indÃĐpendant sans pour autant gagner des sommes astronomiques. Et puis quand je vois un autre surfeur ca fait plaisir.
Moi ce qui m'intÃĐresserait ca serait de connaÃŪtre ton parcours plus en dÃĐtails, et surtout ton cheminement pour l'apprentissage. Je m'intÃĐresse un peu aux possibilitÃĐs du nocode/lowcode actuellement. J'avais tentÃĐ un dÃĐbut sur les bases html et java de mÃĐmoire mais je n'ai pas continuÃĐ.
En ce moment je check la formation de base gratuite sur contournement et donc j'abord airtable, zapier, softr etc... J'aime bien. A voir si je persiste. C'est pour ca que c'est toujours intÃĐressant d'avoir des pistes et vu que tu sembles partager volontiers ton parcours.
Enfin je cherche de quoi apprendre et progresser. Idem j'ai une petite chaÃŪne sur les jeux de sociÃĐtÃĐ (rien à voir) mais je pense possiblement ouvrir une nouvelle chaÃŪne youtube sur un autre sujet, pourquoi pas mon apprentissage en la matiÃĻre. Mais je n'aime pas trop montrer ma tÊte mÊme si elle est normale ð .
Aller merci à toi et à bientÃīt. J'aurais pu l'ÃĐcrire en anglais mais bon on va faire exception :)
Hey Marc,
Kinda curious, you said that you stuck with the one time payment plan for your landing page generator, just wanted to know how do you keep up with the expenses? I assume internally the app utilizes openAI APIs to keep up and stuff, so do you provide the source-code and the user is. asked to self-host? I mean, keeping up with open AI usage, hosting, database usage for LIFETIME doesn't sound very sustainable
Amazing and practical
Man, can you make a video about how do you sell? I`m stuck in it. Great work bro! Thanks a lot!
Cool, thank you very much!
Marc, How do you calculate the relationship between new visitors and monthly visitors? 1:32
Unfortunately I couldnât agree more. I did all the mistakes you mentioned and much more on top. But what doesnât kill me rightâĶð
Thank you!
Another great video!
Where can we market our products Are there any websites for that or do we have to use Google itself?
I about indiepage just now... so wish to follow this path!
@marc I thought you were going to share your tech stack? What tools do you use to develop?
what are you using to deploy your apps?
Bro OMG your videos and your intention, I really want to launch my apps, I really appreciate your advice I just get emotional because I want to achieve it and I feel your teaching as if it were from father to son ._. when I manage to monetize my apps, I will write you to thank you.
I understand the logic behind mistake #1 about the free plan,
but the example of free vs paid didn't add up for me.
Am I wrong ? or am I missing something ? or perhaps just nit picky.
Free plan vs 10$/month plan example:
Core variables:
New visitors per month: 10,000
Conversion rate to paid plan: 3%
The example:
1st month: 10,000 * 3% = 3,000$
2nd month: 10,000 * 3% = 3,000$ + 3,000$ (from existing users) = 6,000$
3nd month: 10,000 * 3% = 3,000$ + 6,000$ (from existing users) = 9,000$
etc...
(And of course I'm leaving out people that cancel and maintenance cost out of the example)
And btw really like your video man very interesting advice.
Just because all of the software industry wants to move to subscriptions doesn't mean it makes sense. If it is a service that has compute and storage around it... and you provide a justifiable value, subscriptions make sense. If you're making an app that you ship which has usage not dependent on a backend... release it like traditional software. Accept a one-time payment for that version with updates for a year, or some reasonable time. When a new version comes out... a new charge, and it can include a discount for existing customers.
Merci pour ton travail !!! Oui un petit commentaire en français de temps en temps ne fait pas de mal ð
Really cool editing. Do you edit your own or do you have an editor?
can you do a video on how to get legal information for your startup? like do i need to buy lawyer services for terms and conditions and other legal things that may need to be specified in my website.
Pure gold ðĨ
great content
Hey started watching your content and have found some really interesting insights
I saw you say you dont put a reset password button on your products, how do you handle a situation where a user forgets their password?
What do you do for licence agreements? Like who is liable if your servers are down or you sell the ownership for something you charged a one-time only fee for?
Lets go marc!!!
I watched your video and immediately changed the H1 of my website. ð
good videos, saludos desde Argentina!!!
only practical wisdom that really works.
Super helpful
Hi Marc, I love your videos, style and the effort you put into your work, keep up the good work.
Can I ask what tech stack/tools you used for the site builder?
Thanks a lot.
thanks! I used the same stack for all my products.
+ GPT-4 & SDX for tha landing page generator
th-cam.com/video/b_ANHgTHNSI/w-d-xo.html