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2.5 Years Running a US LLC Solo from India by Danish
Hey ๐
Youโre reading the weekly wrap-up Sunday newsletter of whatโs 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? ๐ค 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. ๐๐ก
People dumber than you are making millions:
They execute.
They stay consistent.
They want to learn.
They want to make it.
They are not afraid to lose.F*ck status, ego, and what others will think.
Let it go and grow.
โ Modest Mitkus (@ModestMitkus)
3:15 PM โข Jul 6, 2024
After crossing the $100k mark, Manoj failed with three of his products. ๐ก uSeAI.blog, a content generator with AI, was able to cross $250. ๐ SimpleForms generated $0 revenue. ๐ธ UseArticle.com reached $137 in revenue. ๐ Here, we clearly see that even the smartest people fail. So, why are you afraid to fail and to start? ๐ฑโจ
I failed 3 of my products (again)
This year I planned not launch so many new products but to try to grow my existing products.
But after a couple of months, I think it might be time to decide on the fate of 3 of my products.
UseAI(.blog) - Content generator with AI
-- reachedโฆ x.com/i/web/status/1โฆโ Manoj Ahirwar (@manoj_ahi)
4:37 AM โข Jul 7, 2024
Xavier shared about 10 places to launch your startup on Reddit. ๐
10 places to launch your startup on Reddit:
1. /r/SaaS
2. /r/Startups
3. /r/Marketing
4. /r/SideProject
5. /r/Entrepreneur
6. /r/thesidehustle
7. /r/Roastmystartup
8. /r/startups_promotion
9. /r/AdvancedEntrepreneur
10. /r/Startup (without the "s")โ Xavier Coiffard (@xavier_coiffard)
9:00 AM โข Jul 6, 2024
Aditya shared about his journey of hitting the $1000 MRR milestone. His platform, Pmfm.ai, is an AI app development platform. ๐ 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! ๐ 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. ๐๐
$1,000 MRR!!!! โ
After 6 months of building and growing my AI app development platform, I've finally hit this major milestone. Interestingly, it took 5 months to go from 0 to 500 but less than a month for 500 to 1k ๐ฎ
Here's everything I've done to build @pmfm_ai:
Oct. 2023โฆ x.com/i/web/status/1โฆ
โ Aditya Saxena (@adi808080)
2:10 PM โข Jul 7, 2024
Jaisal is building something new by collecting the best startups that paid for promoting their products on affiliate platforms. ๐ I think this can be really useful for me as well. ๐ก
๐ Building something new!!
Who has an affiliate program they'd like to promote??
I'm collecting the best startup affiliate programs that pay the highest commission ๐ค
Comment below with the details + program URL and I'll get it added โ
โ Jaisal Rathee โช TinyStartups.com (@RatheeJaisal)
2:51 PM โข Jul 9, 2024
Kyle Nolan's project, ProjectionLab.com, crossed $40k MRR, which he started 3 years ago as a side project. ๐ 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. ๐ก๐
$40k per month?!! ๐คฏ
When I started projectionlab.com as a side project three years ago, I didn't think I'd make $40k PERIOD!
I was a normal engineer with a day job, who didn't know the first thing about entrepreneurship.
I loved making things since I was a kid. But Iโฆ x.com/i/web/status/1โฆ
โ Kyle Nolan (@_knolan)
12:51 PM โข Jul 9, 2024
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. ๐๐ผ
The best marketplaces to buy/sell startups:
Microns โข @micronsio
BuyStartups โข @HeyBuyStartups
MicroAssets โข @microassets
Borderline โข @borderline_biz
Duuce โข @duuce
BuySellStartups โข @RatheeJaisal
EmpireFlippers โข @EmpireFlippers
FE โข @FEIntl
Flippa โข @Flippa
Swwwap โขโฆ x.com/i/web/status/1โฆโ Chris Osborne (@KintuLabs)
3:54 AM โข Jul 10, 2024
Danish shared about his journey of running an LLC in the US as a solo founder while living in India. ๐ He used Stripe Atlas for the setup, which costs $500 for a one-time setup fee. ๐ต He got his EIN within 10 days to open a bank account and used Mercury, getting approved in 48 hours. ๐ฆ 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. ๐ก๐ผ
๐ My 2.5 years experience of running LLC in US as a solo founder and I live in India.
I use @stripe Atlas, to registered LLC and paid $500(one-time setup fee).
Apply online took approx 30 minutes(1000x faster than registering a company in India)
I got EIN within 10 days, so Iโฆ x.com/i/web/status/1โฆ
โ Mohd Danish (@mddanishyusuf)
12:06 PM โข Jul 10, 2024
If you want to get backlinks for your startup and improve SEO, follow this advice given by Natia. ๐๐
If you want to get free backlinks for your startup and improve SEO:
1. Open google search
2. Add the following query:intitle: "write for us" {your industry}
3. Choose sniper approach
4. Check DA (Domain authority) using Ahrefs .com
5. If they have 70+ score, send them theโฆ x.com/i/web/status/1โฆโ Natia Kurdadze (@natiakourdadze)
4:49 PM โข Jul 11, 2024
Danish shared that how you can start your first side project and make at-least $1k per month.
A roadmap to start your first side project and make at-least $1k per month.
FYI, This is not one night success path. But will not require much tech knowledge.
Idea: Build websites where users can get latest information about tech, design, & research.
Real examples:
@1HaKrโฆ x.com/i/web/status/1โฆ
โ Mohd Danish (@mddanishyusuf)
12:24 PM โข Jul 12, 2024
Taimoor is selling Leadkit.ai and has received 3 potential acquisition offers. ๐ผ He is confused about whether to grow or exit. ๐ค
Got 3 potential acquire offers for Leadkit.ai !!!
that's awesome..... why??? beacuse it's market is huge, it will be there until the internet dies someday.
Grow or Exit?? an important question for me.
Features,
- Instagram Email Scrapping
- Tiktok Emailsโฆ x.com/i/web/status/1โฆโ Taimoor Hassan ๐ต๐ฐ (@mtaimoorhas)
5:31 AM โข Jul 12, 2024
Useful Website of the Week ๐ฅ
Check out this website I found really useful: drbacklinks.xyz. It's a totally free database of high DR backlinks. ๐โจ
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)
๐ www.twindiepoint.com
โ๏ธ [email protected]
๐ฒ Follow us on social media to stay connected!
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