Raza Rasool

Hey Hunters, Marc here Last month I wrote here about how sold a habit tracker for $10,000 in October. Earlier this month, I got $35,000 in my bank account after selling a landing page maker with AI. Here's the story: - April 2023: Just like everyone, I get massive FOMO with AI. I played with GPT and decided to build a landing page generator with AI: Input text and the AI prefills a template with copy and AI-generated images. I'm working on it with a good friend of mine named Martin. - May: The product is called LandingAI. It's an MVP but we launched and made ~$8,000. Unfortunately, Martin and I had different visions for the project so we forked. - June LandingAI is the name of a big corp (bummer) so I rebranded it to MakeLanding. I ditch 90% of the code because users want a very different product: So here I am, building an entire website builder powered with AI... - July: I launched again, but made a BIG mistake: I swapped the one-time payment for a monthly subscription and got $20 MRR for 15k visitors... If you can avoid subscriptions, do it New pricing means new positioning users compared the app to Framer & Webflow - August: I removed the subscription and sales came back: ~$7,000 in 3 months. But I realized this was going nowhere... - September: + I don't use the product + The market is gigantic and crowded As a solopreneur, nothing is more important for me than building cool stuff for people I care about. And I didn't really care about this big market so... - October: I called my friend Dan and he said: SELL. He was right. I bought my shares of LandingAI from Martin and listed MakeLanding on Acquire: Asking $38,000 for $14,000 TTM (3x profit) Within hours, I received dozens of NDAs and a buyer started the process After a few weeks of NDA, LOI, Escrow, etc. the buyer sent the money but... Only a fraction of the transaction. Then he ghosted me. So I canceled the transition. Back to Acquire... Luckily, in 24 hours I got another buyer! - November: Within weeks, the money was in my bank account. The buyer and I never called, just a few messages. It's mind-blowing. My takeaways: - Don't build AI products just because - Don't go on a massive market you don't care - Sell if you don't know how to grow the product It's my 3rd acquisition this year. I love the freedom to build, sell, and repeat. I wrote about the process of making & selling micro-startups, if it's helpful let me know: https://marclou.beehiiv.com/p/ho...

I love how this community has grown for me and how I've received more than 100 inbound leads and got incredible clients through Product Hunt! I'll continue to maintain this streak this year as well.