Ilya Novohatskyi
@ilyanovohatskyi
Followers
3,237
Following
70
Media
577
Statuses
6,637
Founder of @micronsio 🚀 Follow me to learn about startups and online businesses.
Kyiv, Ukraine
Joined April 2020
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WTF? Mercury added Ukraine 🇺🇦 to the list of prohibited countries and going to close my business account for Microns where I have all services and freelancer payrolls setup. It was a last minute change so I’m angry 😡
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1K
Upwork just stole $10k from me and permanently suspended my Top Rated account.
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Instead of investing in random shitcoin
- Buy a micro-SaaS at $2,500
- Work on its marketing funnel
- Scale it to $20k/MRR
- Sell it half a million-dollar
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It took me almost two years to cross the $2k MRR for Microns 🚀
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@immad
can you explain how did you make this decision? Many legit founders from Ukraine will suffer because of this.
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Bad news 🚨
@Upwork
decided to fool me and my clients and rejected to refund payments to them.
So basically they just stole $10k, ignore my emails and banned my account for no reason.
Story continues...
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Provided the documents, went through the visual verification with a webcam, answered the questions, and solved the programming task live, being stressed about the situation and being without electricity due to the war. I'm as real as it gets. But not for Upwork support 🤡
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July update for Microns 🚀
💰 Revenue: $9,567 (+113%)
🏪 590 sellers (+120)
🏦 3,136 buyers (+749)
📧 8,865 newsletter subscribers
⭐️ 238 startups available for sale
📈 10k users visited the site
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My launch on Product Hunt generated $1,200 in revenue in one day.
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Microns crossed $25,000 in ARR. It's a 12,605% growth rate 🚀
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Startups are hard.
Building a startup during wartime even harder.
I did it I know it.
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Microns became 🥇 1st on Product Hunt 🏆
I've been preparing for this moment three years. But it wouldn't be possible without my audience.
Thank you so much to everyone who supported me during this journey.
On the mission to help thousand founders sell their startups 🚀
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I sent an appeal but they decided to keep my account deactivated.
This is a legit case so I'll do everything to spread the word about this situation.
The next step is court
@Upwork
@UpworkHelp
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What to do with a customer who used the service in full and requested a chargeback?
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First positive news ⚠️
At least, money will be returned to my customers, who can pay me directly.
Thank you to everyone who supported me during this challenging situation!
This is our small joint victory 😌
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Annual update:
😊 25 startups sold
💰 GMV is $140,000
📉 Min sale is $150
📈 Max sale is $40k
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Yesterday got an offer to sell Microns for $70k cash.
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Wow! Received $2,000 for one month of my newsletter sponsorship 🎉
+1 additional income stream to help me build the best marketplace of micro-startups 🚀
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I can't believe it!
We crossed $5,000 subscription sales in January.
It took me 3 years to get there.
Thank you everyone who supported me during this journey!
More to come.
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@immad
This made me think of creating my own neobank in the future. Focused on online business and startups. Super simple and without borders. Something I could use for Microns with other founders.
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Monthly update for Microns 🚀
💰 Revenue: $5000
😎 410 startup sellers
🤠 1735 startup buyers
😊 6952 newsletter subscribers
⭐️ 188 startups available for sale
📈 9k users visited the site
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I'll launch MicroStartups on Product Hunt tomorrow
If you'd like to have a reminder just reply with 👋
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Two years, and we're at $2,450 MRR.
Key learnings:
1) It takes time;
2) Consistency and dedication.
P.S. Never give up 💪
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🚨🚨🚨 Launch Alert
We are live on Product Hunt.
If you like the content please support me 👇
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Upwork replied to me with another generic text.
I still don't have answers for main questions:
1. What was the main reason they can't verify me?
2. What will happen with the funds?
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We are profitable 🎉😁
Expenses:
1) Virtual assistant (handles operations and support)
2) Commission for affiliates
3) Hosting and third-party services
4) Web development (Upwork)
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Recently Mercury announced the they will close bank accounts for many users including Ukraine-based founders.
Here are the top 5 alternatives you can use for your startup or online business:
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Wow!
One of our sellers SOLD their project for $20,000 on Microns.
I'm glad that more indie hackers make a living through micro-startup exits and live happy life.
Will have an interview with this founder soon. What questions would you like to ask?
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Just got featured in the Trends newsletter - a dream come true!
Two years ago when I started Microns, I could only hope to reach such heights.
Hard work and perseverance pay off 💪
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@VegaDarya
Yeah, it was a strange decision to put Ukraine in the same spot with Russia. Hope they will double check their position.
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Just realized that Microns hit $3k in revenue in November.
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@nathanbarry
@damengchen
10 Lessons learned:
1. Focus on niche 🎯
2. Be near your potential customers 👪
3. Cold emails still work 💌
4. Ask right questions ✅
5. Do things that don't scale, even if it's 100s of Skype calls 🚀
Continue in the comment 👇
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2023 in short:
- Hit $40,000 in Annual Revenue
- Sold 40 startups worth $185,798
- Grew my Twitter to 2,000 followers
- Grew my newsletter to 6,000 subscribers
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I started a software development agency a year ago.
Do you want to know about the details?
Thread 👇
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Building the startup during the war with limited resources it's like playing the game on the hardest mode.
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One week ago I launched my project on Product Hunt and became
#1
product of the day.
It's time to share the results:
1) 1557 users visited our site;
2) 75 sellers signed up;
3) 630 buyers signed up;
4) $2691 gross revenue.
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I finally tested and published my new project called PreRevMarket.
Its primary goal is to help more founders sell their pre-revenue startups.
I spent four days from design to production, and it has only essential features:
- listings
- submit the startup form
- newsletter
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Monthly update for Microns 🚀
😊 2,350 subscribers
🎉 447 new subscribers
👀 51.6% average open rate
🎯 19.5% average click rate
💰 32 premium members
💸 14 new premium members
📌 15 new micro-startups posted
🔥 1 micro-startup was sold
📈 3.6k users visited the website
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I'm partnering up with
@hdkstr
and
@kattrisen
to help more founders finish the Build to Exit challenge 🚀
1. Use Twitter to build in public and
#buildtoexit
hashtag.
3. Your project should earn as much as possible.
4. 10 choosen startups will be granted $100 each.
2. Deadline is
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We finally reached 3,000+ active subscribers 🎉
For this reason, I want to give away alternative assets (worth $1,000+) to four people
Comment with 🚀 if you want me to DM you when it happens
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@immad
I figured it out. Mercury just wants to cut costs on the monitoring because it takes so much resources so it’s easier to block entire country instead of building a better product.
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I finally reached 5,000 newsletter subscribers! 🎉
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11 confirmed cases of rape by Russian invaders. According to a doctor at the Karabeles polyclinic, five of the victims survived.
#fuckingrussians
#putinfuckoff
#lukashenkobitch
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Today I received my first paying customer from an affiliate 🎉
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Wow, this will be the biggest startup sold on Microns. The asking price was $150k. Just imagine that. And it's a newsletter.
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Just submitted Microns to BetaList for $299. Like it if you want to know the results.
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In 2023 Microns earned $40k in revenue but I spent $37k on development, software, design, sponsorships and legal resulting $3k in net profit. Hope to get nice ROI in 2024.
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Yesterday I received a message from the founder who sold his side project for $7,500.
Initially, his asking price was $5k but he received insane demand on Microns.
Previously, we had a startup listed for $3k but sold for $7k.
It becomes mainstream.
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10 founders who complete the challenge, I'll give $100 each.
Requirements:
1. Build your project in public on Twitter
2. Grow it to $100 in ARR
3. Sell it on Microns (
@micronsio
)
4. You have only 30 days
I started a 30 days challenge to build, grow and sell a SaaS on
@micronsio
Just a sneak peak 🤫
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I can’t believe my recent post became so popular 😊
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This weekend I've built a new project that many founders dreamed of.
It will be free and super simple.
Do you want to take a look?
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Our new transfer service is now live!
Say goodbye to slow digital assets transfers and hello to lightning-fast speeds 🚀
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Monthly update for Microns 🚀
😊 5,876 subscribers
💌 442 new subscribers
👀 43% average open rate
🎯 7% average click rate
💰 159 active buyers
🛠️ 142 startups available for sale
🎉 4 startups were sold
📈 3.2k users visited the website
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Our startup seller received two requests 15 minutes after we published his project for sale. It's insane 🤯
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Turned 25 today 🎉
The first time I said I don't know what I want. Already have everything I need.
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Monthly update for Microns 🚀
😊 736 subscribers
👀 45% Average Open rate
🙌 25% Average Click rate
😎 231 new subscribers
📌 12 new micro-startups posted
🎉 4 micro-startups were sold
#buildinpublic
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🚨 Launch Alert
After three years, I'm launching a new version of Microns on Product Hunt!
It was a challenging time to build a bootstrapped startup during the war in Ukraine.
Please support me and our community if you can.
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Guess what?
This month, 8 small startups found new owners! ✅
Another founder SOLD his project on Microns for a solid $3k 🚀
Great start of the day 😊
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Wow. I got featured on Indie Hackers 😀🚀
"I sold $180k worth of
startups in 2023. AMA."
Got questions for
@ilyanovohatskyi
?
He's answering questions on Indie Hackers right now 👇
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We were 3 days on the Hacker News front page 🏆
🎯 50 points
✏️ 24 comments
📈 1,192 users visited site
🤓 105 newsletter subscribers
💰 7 Premium members
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Monthly update for Microns 🚀
😊 4,362 subscribers
🎉 248 new subscribers
👀 44% average open rate
🎯 7% average click rate
💰 128 premium members
💸 16 new premium members
📌 7 new startups posted
🥳 3 startups were sold
📈 3.4k users visited the website
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We are live 🎉
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5 reasons why you should acquire a MICRO SAAS biz in 2022?
-THREAD-
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Microns reached 1.5K clicks from Google Search in the past 28 days! 🎉
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We sold two SaaS projects, one database and one web app in September.
The lowest price one was Investor and Journalist Database for $550. The highest was Multilings for $16,000.
Total GMV: $33,550
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Received another email about selling Microns.
I rejected.
I see big potential and my mission is to make it an excellent place for entrepreneurs and small investors.
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I'm selling one of my projects MicroStartups - directory of trending small projects.
I don't want to shut it down because it has revenue, audience, and traction.
In the right hands, it could shine and grow.
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I'm launching Microns (startup acquisition marketplace) on Product Hunt tomorrow. Reply "+" and I'll notify you in DM first when we go live.
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🚀 Meet Ferhat, a 21-year-old founder from Turkey who sold his signup-free tools directory for $2.3K in just 2 weeks!
Despite spending $0 on marketing, his project gained traction through Hacker News and Reddit.
Now, he’s onto his next venture, Spinosis, to boost SaaS
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