Launching my first product to help myself (reduce my burn rate)
I took the entrepreneur path straight out of college, and it's been a week now that I am traveling throughout South-East Asia while aiming at reaching ramen profitability as an indie hacker.
PyroHabit is the first product I am releasing in this adventure :
https://www.producthunt.com/posts/pyrohabit
I wanted a web app to help me become financially independent : to live a more minimalist/focused life, to gain a greater freedom.
One good use case is for fellow hackers looking for ways to reduce their burn rate, so that's why I'm writing this post.
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Do you think PyroHabit can help you in its current state ? If not, which feature would you like to see ?
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Are you already using any budgeting app already ? If yes, which one ?
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Any feedback on the product ?
I'm excited to finally leave my cave for some fresh Bangkok air after this exhausting dev week.
Have a nice day :)
Hey Basile,
I like the app though I would not use it myself as I live a pretty frugal live and don't have many expenses to track.
I think the biggest obstacle as always is the laziness of people.
Having to manually import data or add it will be the biggest show stopper for people I would guess.
So I think focusing on reducing the friction there will probably bring you the biggest improvements.
Probably being able to connect external sources / services e.g. when you have netflix it automatically tracks the monthly fee.
A simpler solution would be to have a list with the most common types of expenses / services a user can select from and select if it's recurrent or not (I actually did not take a look at your app so I don't know if you already integrated it :D )
Thanks for the great feedback ! :)
Automation is definitely considered, but maybe it would kill the purpose to actually run through your expenses to see how you spend. I will see how the users react !
The recurrent expense is a nice idea ! Will add to the public todo list : https://trello.com/b/q8GGtfEr/pyrohabit