Typefully

I acquired my first company for $5000

Avatar

Share

 • 

3 years ago

 • 

View on X

So... I bought a company on Twitter... It may seem risky, but I actually was following Danish's journey for the last year, which contributed a lot to building trust. twitter.com/mddanishyusuf/status/1596155000321118208
Why build when you can buy? 🤔 • Domain name alone is probably worth $5k. • 250 (freemium) users • Product itself is already working without additional dev time • Side-riding Mohd's recognizable and trustworthy brand. • Most importantly: I had $5k to spend with limited risk
I've been launching many different projects in the last 2 years, and none have generated significant revenue. So how about I throw even more money out the window, you ask? Aka: so you think this will work this time? Yes and no 👇
Yes, because I've learned a ton in the last 2y. A bit from people, NOT from books, mostly from experience. For one, I've stopped shipping countless features unless I've understood who they are for. Also, I wouldn't spend time on it if I didn't think it would work.
No, because I know it's a game of stats. This shot may not be the one™️, but each time I increase my chances. People considered successful have launched *lots* of projects before, just like @tibo_maker and many others. twitter.com/tibo_maker/status/1614967014031822848
That's just the start. Happy to answer questions about the acquisition process, Quick API, or any other topic. Consider following @dot_louis if you want to learn in real-time how I turn quickapi.io into a working product.
Avatar

Louis Lafont

@dot_louis

"Solo-founder" means I'm talking to myself more than I'd like to admit. ⚡ quickapi.io • Sell Data & APIs easily. 💎 jobtitlesai.com • Accurately classify jobs.