Revealing Everything About My 2 $500/Month SaaS Side Hustles (Marketing, Tech Stack, Costs, etc.)
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- čas přidán 6. 07. 2024
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Check out the Content Marketing Blueprint to learn how to market your SaaS product on social media: thecontentmarketingblueprint....
In this video I'll reveal EVERYTHING about my 2 SaaS products that make $500 month. I'll reveal my growth strategy, the profit/revenue/cost breakdown, an insight into how we came up with the product idea, the tech stack, and even talk about the future plans for the apps as well.
SaaS #1: perfectinterview.ai/?...
SaaS #2: nexusresearch.ai/?...
Check out all my favorite gear and helpful resources/links: beacons.ai/youraveragetechbro
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Timestamps:
0:00 - 0:40 Intro
0:00 - 2:01 Product #1 Reveal
2:01 - 2:58 Product #1 Revenue
2:58 - 3:24 Product #1 Tech Stack
3:24 - 7:45 How I Got Users For Product #1
7:45 - 8:38 Deep Dive Into Analytics For Product #1
8:38 - 10:15 Product #1 Profit Breakdown
10:15 - 10:54 Product #2 Reveal
10:54 - 11:20 Product #2 Tech Stack
11:20 - 13:27 Product #2 Revenue
13:27 - 15:35 How I Got Users For Product #2
15:35 - 16:14 Deep Dive Into Analytics For Product #2
16:14 - 17:54 Product #2 Profit Breakdown
17:54 - 20:23 Future Plans For Both Products
I built a database of case studies of startups that have successfully grown through organic social media marketing for you to learn from their playbook: thecontentmarketingblueprint.com/?
Making money should be a routine. The secret to making a million is making better investment.
Consistent and smart investing is key to building wealth. Making informed investment decisions regularly can significantly increase your chances of reaching that million-dollar milestone.
You're right! I've been in touch with a financial advisor ever since I started my business. Knowing today's culture, The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch if you don't mind
Angela Lynn Schilling is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
With business sectors tumbling, expansion taking off, the Fed impressive enormous loan fee climb, while depository yields are rising quickly, and that implies more red ink for portfolios this second half of the year. How might I benefit from the ongoing unpredictable market? I'm currently at an intersection choosing if to sell my stock portfolio.
Since the market is currently volatile, I will recommend that you hire a financial adviser who can advise you on entry and exit points for the shares or ETFs you focus on
You are right! I've diversified my portfolio across various markets with the aid of a financial adviser, I have been able to generate a little bit above $450k in net profit across high dividend yield stocks, ETF and bonds.
Please who's this advisor that guides you?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've been stuck with *KAREN* *MARIE* *GENDRON* for about five years now, and her performance has been consistently impressive.
Thanks for this. I just googled her name and found her webpage. I'm really impressed with her credentials and I reached out to her since I need all the assistance I can get.
Mans took “good artists copy great artists steal” literally!! Nice job, I’m finishing up an MVP for an app I started a month ago
how is it going
how is it going bruh?
Thank you sharing the details! Much appreciated
tech bro you earned a subscriber!
Hello!! CZcams recommended me this video and I am grateful it did!! Thank you for sharing your experience 🙌🏾
dude, that was very inspirational to me! keep up the good word my friend. love
simple and humble. excellent content.
awesome breakdown thank you!
Love the honesty ❤
any other questions I can answer? lmk in the comments
also real ones like the vid and also hit that juicy subscribe button 🫡
1- Are there any costs in Stripe or governmental fees? or stripe handles it for you? I mean, do you pay anything on your income to the government
2- do you think gpt 3.5 is enough or will you upgrade it for gpt-4 or gpt-4o ( since gpt 4 is expensive :/, how do you overcome with that issue)
Amazing video. I have a question, where do you usually find some cool ideas to get inspired?
Awesome video. I have the same question (1) as @berkaycirak above. Plus, what do you use to control the whole billing process? Like manage the subscriptions, refund, etc.
@@berkaycirak I use stripe for all billing and stuff and then I have a tax person help me out end of year
@@berkaycirak gpt3.5 is pretty good but as always just test it out in a case by case basis
Love this, so inspired! I also learned you can do calculations directly in Spotlight from this video, double bonus 😅
Nice video! Keep up the good work🔥
Awesome personal insights. Your channel will blow up in no time
appreciate the love!
Wow...
This is just soo much value in one video.
glad you found it helpful!
Great content and unique helpful concept.
Thanks for sharing 👍
glad you found it helpful!
Great video. really helpful information. If you could describe how much time/work it took to build these websites and how much of previous tech stack knowledge you had would be helpful.
love the nuggets and low editing, high value content!!
Low editing is my specialty 🫡
You're awesome! Thanks for sharing
Glad you found it helpful! Plenty more content to come :)
At 16:44 , How did you solved cost bill from $137 to around $20? What was the code logic/improvement behind it?
Thanks very much, this is what I was looking for 🎉
hope it helps!
@@YourAverageTechBro Would you mind sharing how long it took you to create each of these apps?
Great video! May I ask how long did it take you to make the the products from start to finish?
Thanks for the video. What was the time investment into these projects?
Interesting. How do you handle support?
Good vid, have you considered a credits pricing structure? Could work well.
Very helpful. Can you share your prompt behind nexusresearch?
Nice profits and interesting projects.
that was epic bro 💪💪 , how do you guys hook the target viewers on social medias ?? I just suck when marketing my SaaS
I wish there was a rule that applies to all products but unfortunately there isn't. It's definitely a skill you develop as you iterate on social media. Try looking at other competitors in your space or products you might want to copy/imitate and see how they do their marketing
This video is helpful. I have been creating SaaS apps but need to improve how I market them. Thank you for the info!
It’s definitely hard esp if you’re a developer and you just want to code all day haha
How do you deal with the UI/UX design? that's the part I'm struggling the most with
What browser are you using?
Can you share how many tools and the use for for each tools you used for this saas?
What browser/extension are you using
Sir could u share how did u do optimization in backend code such that the openai cost is reduced a lot. That's impressive
Amazing bro. I love this
Thank you 🙌
insightful thanks1
Hey! thanks for the tips, can you do a detail video about the backend use of gpt? do you use langchain or you just do a normal API call
I use the normal API calls and specifically I use OpenAI's assistant for a lot of my use cases.
How to make that those tool?
Great insight into both SaaS platform. More growth incoming.What platform did you use for analytics at 8:08 and what platform is this at 8:58
8:08 is Pothog and 8:58 is OpenAI
So much value in 20 mins, thank you
Glad you enjoyed it!
great content😊❤
Thank you 😁
Keep going bro !!
Do you need a video editor bro ?
I can do a sample video ;)
Teach me
Chatgpt response is not always correct . Does it not cause issues
I think you're a genius! You are wealthy, smart, intellectual, good-looking, and entrepreneurial. It's sophisticated, and I hope your app will fly well. Software engineering is so advanced and really so smart, it's hard for me to follow. It's hard for me to become like you. Computer science is really high-tech. Anyway, men are more successful at it. That is a characteristic of people in the workforce. The dichotomy of success in the sexes. Females could become successful as much as men if they are smart enough. That is something of an encouragement to me.
What do you think about Supabase for SQL Db, Auth Provider, Storage Provider which also provides free tier
love it. gonna talk about it in a future video but for a new project i'm working on i used supabase and it's pretty good so far.
This is amazing bro, keep it up!
I did the same thing hehe! I got a script, and I hosted it and do some posts on social media and now the platform has more than 15k users and generating about $2k MRR. I spend $0 on marketing.
My trick is that I posted the app on PH, and much more listing websites, and also a CZcamsr did a free video for us, and it went crazy.
That's awesome! Congrats on the success 🙂
whats PH?
@@starlord7526 producthunt a website where people launch new products
It's inspiring to see how these SaaS apps are generating consistent revenue, showcasing the power of innovation and persistence in the tech industry! This success story highlights the importance of not just solving problems but also finding unique angles to make your product stand out in the market. 💡
Comment AI-generated? Sounds bland
Def feels a little ai generated lol
You inspire me to build a saas average tech bro, how long did take you to code these apps and make money from them ?
This one was around 3-4 weeks build time and got a customer in the first 2 weeks!
Mann love your content. Just an doubt how do you decide which techstack to use for which project and how to grasp new teckstack knowledge
I never change my tech stack :)
Hey brother!
that's insane video! Thank you so much
But have a question:
How did u create instagram accounts? Are you using some Proxy to set it up?
Because instagram and tiktok really hard in this
Nope I just created them from my phone 🤷no issues on my end
Great content! What platform are you using to manage all social media, stripe etc?
I don't use a platform to manage everything - I just use each website individually 🙂
Thank you sir
That is really interesting. Thank you for showing this information. I know high level but you don't want to give your code away!!
Hey man, great video really enjoyed it
Since I recently entered the tech industry too, what could be a good place to connect to more people in similar shoes? Early stages tech founders
twitter is great - lots of tech folk there
I would love to know more on the cost of design and development for each of the apps.
Are you open for new projects?
Random q but what are you using at min 6 on the left side of the screen? Is this a browser extension?
it's Arc browser - not an extension, just a whole dedicate web browser haha
Very interesting.👍💪
Thanks for this inspiring video i definitely subscribe to your channel. I have a simple question how do you find the dataset to train your gpt or do you use stock GPT ?
He used the API which is the stock one . No training involved .
He used an LLM technique called “RAG” for document retrieval alongside a Vector Database
100% correct :)
have you tried life time deal ? I think it can work well against one time purchase, unlimited uses for a flat fee something like $149
Yep I tried the lifetime deal and I did like it but unfortunately not too many purchases/conversions. I probably should've kept it up and I probably took it down a bit prematurely admittedly.
Great information. I have a question. I think you are using great analytic platform. can I know it?
Nope can’t tell you.
jk it’s post hog 🙂
For your SAAS Plans for 1 product you should change the weekly plan by limiting projects, uploads, etc.. so like 3 projects per week and 10 uploads or something and if they want unlimited make them go for the monthly plan.
informative video
A genuine question, if nexus is powered by open ai can't someone use chat gpt let's say and get free results?
is openai cost that cheap months ago i've also tried to build on top of openai but since the cost is in credit i hesitated to create the saas . thanks for sharing your insight much appreciated!!!
Back in their openAI developer day i think back in oct/november they did announce price cuts to certain parts of their API, so definitely take a look!
Point Of Inspiration dude.
You said company, did you registered LLC or just launch this application
At the very beginnign I just launched and did everything as a sole proprietor (no fancy tax forms necessary). Eventually now that I've built a lot of apps + have social media income I created a separate LLC for social media + apps, but definitely not necessary when you're just starting out.
Rather than paying double for planetscale you can prepend your database name with the different project names and then you'll be able to share across multiple applications 👀
I know drizzle has a way to do it easily, I'm not sure if you use an ORM or something
happy coding
yeah that is one thing I like about drizzle but unfortunately I use prisma and it doesn't offer that ability 😬 i actually ended up migrating to supabase for my next project which still has a pretty generous free tier so not too much of an issue anymore luckily.
Can I Edit Your CZcams videos
what do you use to track your subscription or MRR?
I use Stripe's dashboard which calculates all the MRR - nothing fancy here
Great video. Really made me think about my project. Do you offer a one time consulting service? I have a few questions. Thanks!
Glad you found the video helpful! Unfortunately don't offer a one time consulting service at the moment. Feel free to leave any questions as comments and I'll try my best to respond/make a follow up video answering them if applicable!
@@YourAverageTechBro Thanks for the quick reply! I have a micro SaaS that I have been testing over the course of a year. Currently have ADs for monetization, but want to remove the ADs and go a pay-for-use model. Over the course of the year, the majority of visitors use the tool once or twice, then leave. What do you think would be a good monetization model? I was thinking of trying per search.
@youraveragetechbro how do you do your marketing video?
@@YourAverageTechBrohow do you do your marketing video
Hi dude, may I know your tools for monitoring revenue and cost on your video? Tq
revenue is all handled by stripe so nothing fancy there. And then for costs i just add up the individual prices myself haha
dam impressive bro !
I wanna do that too haha
totally possible! it takes time (it took me 2 years to get to this point lol) but definitely possible by everyone
Why didn't you use one time payments for nexus?
I did offer a lifetime purchase (I think I did $70 lifetime access) but it was a bit hard to figure out how to fit a one time purchase model into Nexus. One time purchase doesn't work for every saas and I think Nexus is a good case where it is harder to justify.
Haha crazy had both of the same ideas, however I am a marketer, no skills in coding. It is really refreshing to see content where founders like you excel in BOTH marketing and coding (creating product)
I am a jack of all trades and master of none - I always look for cofounders to help me out on either side. although it does help that I can be pretty fluid between both 🙂
@@YourAverageTechBro and thats exactly how you should be. Too many funny people and course sellers are saying that you need to master one skill, listen to the GOAT instead.
Naval Ravikant tells us that “specialization is for insects.” And that because you only have one life, you should do all the things you want to do in it.
What are your goals? Building a unicorn startup? Running several businesses for a good cash flow like Greg Isenberg?
@@divine7223 several businesses + cash flow all the way. Not looking to play the VC/prestige game. Looking to build wealth + live my life on my own terms 🙂
@@YourAverageTechBro Booom! Gotta get you on Philip Isenbergs podcast haha, cashflow > VC game in 2024 and forward for sure. Looking forward to use some of your products!
Best way to get in contact with you = here or DMs?
@@divine7223 DM in IG to get in contact 👍
make it a one time fee $24 you’ll get 3 months of revenue and more and people will be happy to pay only one
This! Ppl are TIRED of subscriptions
no incentive to improve the product in the future. The product will wither and die.
@@geoffl yeah but if you liked it how it was when you bought it then it doesn’t matter if it gets improved or not bc you don’t care
Which LLM are you using and how much is it costing you?
OpenAI - I go over the cost breakdown in the video
Can you talk about the legal aspect of starting a quick saas business? Are you able to just throw this up, how do you pay taxes on it? Do you need to file paperwork for a business? Atleast from your experience
i have a cpa to help with taxes. Everything is filed through my personal LLC so it is separate from my day job as well.
Are you using a personal, creator or business instagram account?
business IG account
@@YourAverageTechBro your comments about pricing are interesting also. I've gone with a token based structure for my app so it's more "pay-per-use" which is definitely better for the customer. Haven't figured if it's worse for the business due to the trailing revenue you'd get from people being lazy and not unsubscribing/simply not using the tool OR if better due to higher conversion rate as a result of people feeling better about not having a subscription to manage.
Arc ❤
Thank u
What browser you are using?
Arc browser!
1. on nexus, why don't you have privacy policy, refund policy, terms and conditions etc? Maybe I am unable to find them or was it left out for some reason?
2. Also you have a "trusted section" where you show all the people at different universities using it. Is that real data? How did you find out that a person who used your site is studying/working at say Google? Or is this vague information? If its vague, then isnt that lying since its not genuine information?
1) tbh we just never really needed it - no one asked for it 🤷
2) it's legitimate information. we look at our signed up users and look at the email addresses that they signed up with so from there we include the relevant institutions.
@@YourAverageTechBro Do your users know that their university/company name is being mentioned on your website?
@@blasttrash nope probably not
i just started my own agency
Can anyone tell me how did i create that kind of ai or intifrate that.
I literally wanna know how does it works.
have you got an email?
@@ruhelahmed619 nope
@@ruhelahmed619 no i didn't got any mail?
Very informative video. It's far better than the people claiming to make 10s of millions of dollars in 2 months without doing anything.
subsribed and im going to copy your app. I might change the variable name a little bit tho. to make it not obvious
Definitely feel free to
Hey My Average Tech Bro , very good video . I can do better editing in your videos which can help you to get more engagement in your videos . Pls lmk what do you think ?
✔️
To sum up: A good service needs a good marketing. What is the use of your service if your competitors is getting the eyeballs?
yup! exactly
You look like tenz from valorant in your thumbnail
Hopefully next month I'll be making money
Hi, it's next month!!
How is it going??
love your content bro 🙏🙏 you deserve x1,000,000 more subscribers than this
Which SaaS would you build with no money at all?
The same ones that I built in this video. they costed me no money to build initialy and only started costing me money once I got users
@@YourAverageTechBro Okay, thank you. 2 more questions, how did you identify a profitable niche and after how many users did it start costing you money?
Move to Turso, it takes like an hour and will save you $40/mo
actually strated using supabase and i'm a fan of it!
Has being an internet personality helped you grow your business?
It definitely has. But also my main marketing for my products is always a completely separate social media channel so it doesn’t help as much as you would think. I don’t do much marketing on my “main” accounts for example.
First
My question is why are you giving this out for the world to see 👀
Not mentioned are the work hours spent. These apps won't last, and the total profit might end up being ten bucks an hour.