I love articles like this it's inspiring...but it really doesn't offer any new insights other than the fact that
Every one man success story on HN was largely possible due to existing audience from another entity that took years to grow
It's pretty disheartening once you read the article and it boils down to this very requirement: You Need An Audience First.
I'd like more insights and details in how lone entrepreneurs of HN were able to grow their audience.
Because when Step 1 is have a big enough audience the rest of the steps are pretty much a no brainer. It's this step that most of us are struggling with.
I've spent years in seclusion writing a SaaS that ultimately resulted less than the annual wage of a North Korean factory manager and it was rough both physically and mentally but it all boiled down to the fact that VC funded startups were able to do huge PR and buy ads, write blog posts, increase Adwords bid prices etc while I was not.
So yeah, you can succeed with a one-man biz outfit but not without an audience. It makes sense why Linkedin is valuable, why Pinterest, Whatsapp, Oculus, Twitch gets bought out even without revenues.
I was able to bootstrap and launch a successful (5 figures MRR) SaaS by myself with no previous audience. Now we are much bigger (in terms of both employees and revenue).
How I did it was very simple. I found where my customers were and I lived and breathed on the industry forums they were on. While developing my beta I had a very strong sense of the problems people were facing, how my product solved those problems, and why my product would be superior to competitors. Plus I was able to establish myself as a reputable person within those circles of people on those forums.
So when my beta was ready I was able to get people to pay for the beta by offering them a lifetime discount and the ability to talk with me throughout the development process so that they had some impact in shaping the product. Just from those beta users I was ramen profitable and I was able to bring on an intern for a couple months to help me speed up some of the development.
By the time I publicly launched I had a core group of evangelists (the beta users), a strong reputation on industry forums, and an amazing product that solved big issues my customers faced and I reached 5 figure MRR within a month of launching.
But both need to be done in tandem with each other. While you are developing your product you should also be working on some way to either build an email list, establish rapport, get on people's radar, or at the very least validate a product fit and a basic marketing strategy.
For instance if you plan on advertising on Adwords you should be running tests to a dummy page (or email opt-in) before your product launches so that you know if that is a remotely viable option before sinking tons of priceless developer hours into a product with no proven way to market it.
Alternatively if you are going to advertise on forums you better spend a lot of time on those forums to make sure you are creating something those people care about and that those forums have enough visitors to move the needle.
Those are two examples - there are a million ways to market a product and all of the promising ideas should be experimented on and validated before your product is even finished.
Far too often solo cofounders are driven by a cool idea and then handwave (or worse look down on) the marketing aspect of it, and then after their product is finished they are left wondering why they spent huge amounts of time creating a product that nobody is signing up for. When I launched there was no uncertainty - I had already talked to tons of people in the industry, had lots of beta testers, and had properly validated the promotional channels I thought fit best with the product.
The "secret" is to build something useful, go where the people are, and make it easy to buy at a price they are willing to buy. Easy to say, hard to do for reasons.
But if the creation of a small, passionate audience happens naturally during the creation of any sufficiently good product, is it that much of an obstacle?
I see this pattern in many successful products. As soon as you have a prototype, you should show it on forums and irc/chat.
What I think most people are afraid of though is that your idea will either be "stolen" or that noone will be interested in your product ...
I've noticed a pattern as well where these successful entrepreneurs also don't worry about their idea being stolen.
The idea should be such that anybody with ton of money/connections wouldn't be interested in.
And if a solo developer is trying to look for prospective customers, the customer should feel exited about just hearing the product. Otherwise there is no point in pursuing the idea. So there should be no worry about the customer not being interested.
Well done, I have done similar, although less successful and not SaaS.
But the parent did say:
> Every one man success story on HN was largely possible due to existing audience from another entity that took years to grow
And I think your experience (and mine) echoes that: the audience didn't happen to be "yours" but it did exist. The problem you have to solve in our case is how to turn a "colder" audience into a warmer one (as it would be if you "owned" the audience already).
Honestly I don't feel that Fandalism (which is also a one-man biz, too, I spose) added that much to DistroKid's growth. It was mostly some press, some blogs, and a good product. But yes- having a built-in user base with Fandalism didn't hurt.
In hindsight, the other distributors are so clunky and expensive, the bar is super low. Like, if you wanted to compete with Google search it would be hard. But if you wanted to compete with something moderately terrible (with all due respect. i do respect my elder competitors and are thankful for the road they've paved) -- it's much easier to grow.
I launched with exactly one customer to build my first iteration, and grew from there. So the minimal viable audience is very minimal indeed.
How we grew: Impress the hell out of your customers. Treat them with empathy and humanity. They tell their friends in the same industry. Don't spend a single dollar on advertising, it's grossly inefficient.
Don't do that. Talk to potential customers. Hang out in the places they hang out (online / offline). Start marketing early. Get users early. Never work in seclusion.
There was insight beyond what you were specifically looking for: that he's created something that is very useful for customers and a great result for him, without turning to other money. It's a very viable path.
He's noted elsewhere that Fandalism wasn't as strong an aid as you might think. AND he had to build that audience himself too.
You can write blog posts and buy (small) ads and do some PR. Everyone started somewhere.
Every one man success story on HN was largely possible due to existing audience from another entity that took years to grow
It's pretty disheartening once you read the article and it boils down to this very requirement: You Need An Audience First.
I'd like more insights and details in how lone entrepreneurs of HN were able to grow their audience.
Because when Step 1 is have a big enough audience the rest of the steps are pretty much a no brainer. It's this step that most of us are struggling with.
I've spent years in seclusion writing a SaaS that ultimately resulted less than the annual wage of a North Korean factory manager and it was rough both physically and mentally but it all boiled down to the fact that VC funded startups were able to do huge PR and buy ads, write blog posts, increase Adwords bid prices etc while I was not.
So yeah, you can succeed with a one-man biz outfit but not without an audience. It makes sense why Linkedin is valuable, why Pinterest, Whatsapp, Oculus, Twitch gets bought out even without revenues.