StartupsAug 31, 2023
Newxhsgst

Laid off startup founder just broke 100k/month topline

Not posting this to brag or flex (as I still have a long way to go) but moreso as motivation for anyone who has an itch to be an entrepreneur. In Jan I was laid off from a company I had been loyally working at for 8 years (I was 30 yrs old). I had consistently delivered in my revenue generating role, but I wasn’t aligned with leadership- and when time came for layoffs I understood why I was chosen. When I was laid off I felt if I was ever going to take a chance building my own dreams, now would be the time. I decided to spend 16 hours a day creating a financial services offering for diy artists/musicians that I could run from my laptop anywhere in the world. 8-9 months later I just broke my first month collecting 6 figures of royalties on behalf of 20+ clients (as proof of concept) and am setting up capabilities to scale to hundreds more. I’m solving a very niche problem for people who are super grateful for my services. The business can grow with a remote team and I can run it from wherever I feel like living. Despite the stress that naturally comes with launching a startup, ive never been happier or felt more fulfilled. This is your sign to chase your own dreams! #startup

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CasandraDB Aug 31, 2023

Congrats OP!!!! Well done!!

Gilead Sciences Walt.White Aug 31, 2023

Congrats!!! Way to go 👍

Cisco blindidiot Aug 31, 2023

Wooh! That’s dope man. Kudos to you. It’s definitely inspiring for me. More success to you

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viswsj Aug 31, 2023

That’s awesome. Congrats

Coinbase AKsQ86 Aug 31, 2023

That is awesome, we need more people like you. Remember a salary is what a company pays you to give up on your dreams. The reason why Google pays so much for engineers to just maintain some infra? They don't want those smart kids competing against them

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xhsgst OP Aug 31, 2023

Facts!

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chatPGE Aug 31, 2023

You hiring devs?

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xhsgst OP Aug 31, 2023

I’m utilizing some third party software solutions but the goal is to build my own tech

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chatPGE Aug 31, 2023

You’re making $100k/mo but aren’t hiring? Doesn’t add up

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gotothegym Aug 31, 2023

Hell yeahhh! Way to go!!

Zoom z00m1e Aug 31, 2023

This is incredible OP!! Onwards and upwards from here, you're already smashing it. Hope this inspires others to do the same

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xhsgst OP Aug 31, 2023

Thanks!

Houzz llx_xll Aug 31, 2023

Congrats OP! This is huge. Can you share how you got exposed to the problem space?

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xhsgst OP Aug 31, 2023

I have written a few big songs and saw there weren’t many diy solutions for people who wanted help collecting global royalties without giving up huge ownership of their work

Houzz llx_xll Aug 31, 2023

Wow nice! Definitely seems quite niche.

Ceridian hacefrio26 Aug 31, 2023

Congratulations and very inspiring 👏