Keeping it short and sweet. Got laid off from a public traded company I worked hard at as a revenue generator for 8 years in January. Wasn’t aligned with idiot leadership. Went and built my own company, and broke 100k/monthly revenue by Nov. Last 30 days = 153.8k Nov 2023 so far = 89.1k 12 months of hard focus at any goal you put your mind to, and you can do it. Gl hf
Congrats! What’s the biz?
Songwriting royalty collection for diy musicians
I wrote a hit for charli xcx called “beg for you” among others
Pretty Good revenue. What matters more is the profit margin. I hope you have a pretty good profit margin and all the best 🤝
Only on Blind does 100k/month rise to the tepid level of "pretty good".
You work for X…
How did you come up with the idea?
Leetcode
I am figuring out how to implement 3sum
Congratulations!!
Congrats OP! Always love seeing someone with an innovative and entrepreneurial spirit succeed!
What’s crazy is I spent a month and a half trying to get a job and nobody wanted to hire me either 😂 sometimes you just gotta believe in yourself a little
OP, are there software that does the same thing as your business? Would like to know how did you decide if it's worth it to build another one (I'm looking to build something myself)
There are other solutions that exist I just thought I could do it better and penetrate enough to make a business that allowed me to live the life I want. Since I got laid off I’ve been traveling world full time living in Airbnbs building a company from my laptop and don’t have a boss. I don’t need next meta to make a lot of money and live a good life. I just need to cash flow enough to serve my clients and live the life I want.
nice! are you paying yourself yet or are you focused on reinvesting and growing the business?
Growing the business 📈
LFG OP! So happy for you getting off the rat race!
Go get it!!
LFG = Looking for group? I can heal if you have a tank
Have you built a startup before? What have been your biggest levers? What led to the great change in revenue? just getting to a decent product?
I monetize ip and charge service fees to my clients. The growth in revenue has been growing my catalogue to over 1000 songs under management that I’m monetizing obo my clients. I can manage 1000 copyrights myself no problem, but to scale I want millions of copyrights (25k songs released daily). Just need to continue to penetrate and scale accordingly.
First time startup tho. And I talked to brex about payment processing. Still in consideration
Awesome! What does your company do?
I help songwriters collect royalties. I’m a google cms partner actually but they’re one of my smallest paying vendors.
Congrats. What % of this revenue stays with you vs going to songwriters?