I got an investment!
I secured my first investment 5 months after starting my micro-business Signals.
Signals is a weekly business trends newsletter with 2,500+ subscribers. I've been writing and bootstrapping it purely as a solo founder since the beginning (Dec 2020).
I wasn't really actively seeking for an investor, but then @snowpine reached out via a cold Twitter DM.
We started exchanging emails and quite soon I found out that he had a unique vision of what Signals could evolve to be.
Furthermore, he had built a business to a $2 million exit before and another company to $60k/mo in revenue. Currently he is building a micro-business portfolio firm called Atticus investing in businesses making up to $5k/MRR.
The vision part was important for me. Extra cash is always nice but far more importantly this was my chance to get a real mentor/partner with solid experience onboard.
Yes, I'll be giving away equity but then again I think adding someone with this kind of experience onboard is highly net positive: we are incentivized to grow the pie together and get the best possible outcome.
While not revealing the exact sum, I can say it was in the $1k - $10k range.
Immediately we're not making any major changes, but tweaking the content and trying to create new growth.
In the long term we're planning on revamping the entire content process to focus on helping future founders find and execute on opportunities.
The end vision is to build the bible on building, launching, growing, monetizing, automating, and exiting a business.
I learnt that you should open-mindedly start stuff and see where it leads! If someone would have told me 5 months ago I'll be getting an investor onboard in May 2021 I would have called them crazy!
Just start. You'll never know where you end up.
And the beauty of indie hacking is that you can do it all by yourself, from the comfort of your own laptop.
Excited for the future and what it brings! Let me know if you have any questions.
P.S. It's always good to maximize your chances of startup success by getting the weekly trend reports from Signals 😉