Huge update!!! I just quit my job and I am going all-in on
projectionlab.com! ๐ฅณ๐ฅ
2.5 years ago, I never would have dreamed this was possible.
From my first internet dollar to $200k ARR, there has been no hockey stick growth chart, no AI hype involved, and no singular catalyst.
Just a quarter decade of hard work and persistence, bootstrapping as a solo dev on nights and weekends and gradually building up to this point.
The jump to full-time is earlier than my own financial modeling in
@projection_lab showed a stellar chance of success for... so for the worrier in me, this is a chilling step out over the abyss ๐ณ
But I have realized that even in the worst case, I would much rather fail pursuing a dream than let a promising business die on the vine and always wonder what might have been!
And I am extremely grateful for all of you whose encouragement has helped me build up the confidence to take this leap, e.g.
@madfientist,
@Shpigford,
@hutchins,
@mrmoneymustache,
@arvidkahl,
@dr,
@MrNick_Buzz,
@agazdecki,
@dvassallo,
@levelsio,
@seanfgates,
@markluck,
@ptmoney,
@WalletHacks, to name a few.
Looking back, it took me:
โ 14 months to reach 500 customers
โ 7 months to reach 1,000
โ 5 months to reach 1,500
โ 2 months to reach 2,000
โ 2 months to reach 2,500
Recently, my W2 was gracious enough to accommodate a part-time arrangement for a while. But it is abundantly clear that what PL really needs is my full and uninterrupted focus.
So with the past 2.5 years of risk mitigation, a year's expenses set aside per
@dannypostma's suggestion, and current earnings level around 2.5x my personal annual spend... it is officially time to put the rest of my skin in the game!
I would never have gotten here without all the support and inspiration from my new friends in the financial independence community, the PL user base, and the
@IndieHackers /
#buildinpublic scene ๐ฅน
So thanks again to everyone, and here's to an exciting year ahead!