Having the option to report something like "Revenue to Date" instead of MRR is my #1 feature request on IH. Products like mine don't have MRR, they have total sales.
It's dead to me. So yes, it is personal brand building. And I did absolutely write it a bit too flippantly.
Some more context: there's subscription fatigue setting in. Rollback of expenditures, ads and more conscious buying practices in a recession, cause recurring revenue to drop.
I purposefully launched my project Better Sheets with a lifetime deal. NOT $5 or $10 a month.
The revenue is not recurring and won't be. Indie hackers here, only has the ability to fill in MRR. I'd rather fill out Monthly Revenue. and make a clear note that it's not recurring, it's just a monthly average.
We can get too complacent with language and I wanted to make the point that I'm not making MRR, and I'm surviving!
I appreciate the sentiment, but MRR and R aren't measuring the same thing.
R gives you an insight into how a company has performed historically, but tells you close to nothing about how that company is performing today.
MRR tells you little about historic performance, but is a useful snapshot of how the company is doing right now.
Saying one is better than the other is like saying 'distance travelled' is a better way of measuring a marathon runner's success than 'speed' is.
Both give useful, complementary insights.
MRR is broken because it assumes every company is selling suscriptions. R is more representative.
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much ado about... nothing?
Very true. I think that IH should add a "Revenue" in replacement to "Monthly Revenue" on products. 👍
Having the option to report something like "Revenue to Date" instead of MRR is my #1 feature request on IH. Products like mine don't have MRR, they have total sales.
+1
Reading this has just made me feel at ease! thank you...
Let's try repost this in Meta. I also would love an option for R. Not everyone sells subscriptions.
+1. I think subscriptions go well with services that are consumed, but are bad for all other software.
this is like comparing MPH and miles.
Yes. Or even RPM vs Revolutions. Yes.
Just was applying to TinySeed and all their questions were in MRR. I was like 😵😵😵
I don't see how R is useful for anything. Not selling subscriptions? Use MR instead. No need to make it a big deal.
Everyone asks "what's the MRR?" IndieHackers itself, here.... asks for MRR. but I feel weird filling in something that's not recurring.
This comment was deleted a year ago.
It's dead to me. So yes, it is personal brand building. And I did absolutely write it a bit too flippantly.
Some more context: there's subscription fatigue setting in. Rollback of expenditures, ads and more conscious buying practices in a recession, cause recurring revenue to drop.
I purposefully launched my project Better Sheets with a lifetime deal. NOT $5 or $10 a month.
The revenue is not recurring and won't be. Indie hackers here, only has the ability to fill in MRR. I'd rather fill out Monthly Revenue. and make a clear note that it's not recurring, it's just a monthly average.
We can get too complacent with language and I wanted to make the point that I'm not making MRR, and I'm surviving!
I make R, monthly.