2.5 Years Running a US LLC Solo from India by Danish

Hey ๐Ÿ‘‹

Youโ€™re reading the weekly wrap-up Sunday newsletter of whatโ€™s going on in the Indie-Hacking community on X.

This is our 5th edition of TwindiePoint.

Modest Mitkus shares wonderful advice: people dumber than you are making millions. What does this really mean? ๐Ÿค” It means that many smart, talented people have the potential to develop great things but never start. They stay in their ego, constantly worrying about what others think of them. This prevents them from beginning their journey, and they remain stuck in the same place. Meanwhile, people who may not be as talented start something, even as average individuals. They figure things out along the way and grow. ๐Ÿš€๐Ÿ’ก

After crossing the $100k mark, Manoj failed with three of his products. ๐Ÿ’ก uSeAI.blog, a content generator with AI, was able to cross $250. ๐Ÿš€ SimpleForms generated $0 revenue. ๐Ÿ’ธ UseArticle.com reached $137 in revenue. ๐Ÿ“‰ Here, we clearly see that even the smartest people fail. So, why are you afraid to fail and to start? ๐ŸŒฑโœจ

Xavier shared about 10 places to launch your startup on Reddit. ๐Ÿš€

Aditya shared about his journey of hitting the $1000 MRR milestone. His platform, Pmfm.ai, is an AI app development platform. ๐Ÿš€ It took him 5 months to go from 0 to $500 MRR and less than a month to go from $500 to $1k MRR. This is really amazing! ๐ŸŒŸ Many founders get stuck at $500 or less MRR with their products. Aditya shared how he reached out to other people and how he started his journey just by creating a simple TailwindCSS waitlist page. ๐Ÿ“ˆ๐ŸŒ

Jaisal is building something new by collecting the best startups that paid for promoting their products on affiliate platforms. ๐ŸŒŸ I think this can be really useful for me as well. ๐Ÿ’ก

Kyle Nolan's project, ProjectionLab.com, crossed $40k MRR, which he started 3 years ago as a side project. ๐Ÿš€ He shared that he was just a normal engineer with a day-to-day job, who didn't know anything about entrepreneurship. It seems like his execution is really sharp with a great strategy. ๐Ÿ’ก๐Ÿ“ˆ

Chris shared about the best marketplaces to buy and sell startups online: Microns, BuyStartups, MicroAssets, Borderline, Duuce, BuySellStartups, EmpireFlippers, FE, Flippa, Swwwap, MediaAcquired, and Acquire. ๐ŸŒ๐Ÿ’ผ 

Danish shared about his journey of running an LLC in the US as a solo founder while living in India. ๐ŸŒ He used Stripe Atlas for the setup, which costs $500 for a one-time setup fee. ๐Ÿ’ต He got his EIN within 10 days to open a bank account and used Mercury, getting approved in 48 hours. ๐Ÿฆ Under one company, he is running all his projects, and ultimately, this is the best way to do it as a solo founder to save yourself from other taxes. ๐Ÿ’ก๐Ÿ’ผ

If you want to get backlinks for your startup and improve SEO, follow this advice given by Natia. ๐Ÿ“ˆ๐Ÿ”—

Danish shared that how you can start your first side project and make at-least $1k per month.

Taimoor is selling Leadkit.ai and has received 3 potential acquisition offers. ๐Ÿ’ผ He is confused about whether to grow or exit. ๐Ÿค”

Useful Website of the Week ๐Ÿ”ฅ

Check out this website I found really useful: drbacklinks.xyz. It's a totally free database of high DR backlinks. ๐Ÿ”—โœจ

We hope you enjoyed the updates and stories from the Indie-Hacking community on X.

If you have any questions, feedback, or stories to share, feel free to reach out.

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See you again next Sunday!

โ€” Avinash (@avinashvagh)

๐ŸŒ www.twindiepoint.com
โœ‰๏ธ [email protected]
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