Tyler Tringas joined me today to discuss how he built his Micro-SaaS product, StoreMapper, and took it from completely bootstrapped to $7K/month in recurring revenue. Let me do some math for you guys: that is $85K/year for a "tiny product" that he doesn't have to dump a ton of his hours into.
So just what IS a Micro-SaaS product? Tyler talks about how you should focus on building a base of monthly recurring revenue instead of shooting for your "dream startup" first and gives more absolutely incredible tips. He also talks about the single most detrimental pitfall that you could be doing right now and how to fix it.
We also talk about geo-arbitrage, which is when you travel the world to live in less-expensive environments. This helps you get your SaaS off the ground! Along the same lines, we discuss keeping your cost of living low and whether or not you need to be in San Francisco.
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