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2.5 Years Running a US LLC Solo from India by Danish
Twindie Point
July 14, 2024
Hey 👋
You’re reading the weekly wrap-up Sunday newsletter of what’s going on in the Indie-Hacking community on X.
This is our 5th edition of TwindiePoint.
Modest Mitkus shares wonderful advice: people dumber than you are making millions. What does this really mean? 🤔 It means that many smart, talented people have the potential to develop great things but never start. They stay in their ego, constantly worrying about what others think of them. This prevents them from beginning their journey, and they remain stuck in the same place. Meanwhile, people who may not be as talented start something, even as average individuals. They figure things out along the way and grow. 🚀💡
People dumber than you are making millions:
They execute.
They stay consistent.
They want to learn.
They want to make it.
They are not afraid to lose.F*ck status, ego, and what others will think.
Let it go and grow.
— Modest Mitkus (@ModestMitkus)
3:15 PM • Jul 6, 2024
After crossing the $100k mark, Manoj failed with three of his products. 💡 uSeAI.blog, a content generator with AI, was able to cross $250. 🚀 SimpleForms generated $0 revenue. 💸 UseArticle.com reached $137 in revenue. 📉 Here, we clearly see that even the smartest people fail. So, why are you afraid to fail and to start? 🌱✨
I failed 3 of my products (again)
This year I planned not launch so many new products but to try to grow my existing products.
But after a couple of months, I think it might be time to decide on the fate of 3 of my products.
UseAI(.blog) - Content generator with AI
-- reached… x.com/i/web/status/1…— Manoj Ahirwar (@manoj_ahi)
4:37 AM • Jul 7, 2024
Xavier shared about 10 places to launch your startup on Reddit. 🚀
10 places to launch your startup on Reddit:
1. /r/SaaS
2. /r/Startups
3. /r/Marketing
4. /r/SideProject
5. /r/Entrepreneur
6. /r/thesidehustle
7. /r/Roastmystartup
8. /r/startups_promotion
9. /r/AdvancedEntrepreneur
10. /r/Startup (without the "s")— Xavier Coiffard (@xavier_coiffard)
9:00 AM • Jul 6, 2024
Aditya shared about his journey of hitting the $1000 MRR milestone. His platform, Pmfm.ai, is an AI app development platform. 🚀 It took him 5 months to go from 0 to $500 MRR and less than a month to go from $500 to $1k MRR. This is really amazing! 🌟 Many founders get stuck at $500 or less MRR with their products. Aditya shared how he reached out to other people and how he started his journey just by creating a simple TailwindCSS waitlist page. 📈🌐
$1,000 MRR!!!! ✅
After 6 months of building and growing my AI app development platform, I've finally hit this major milestone. Interestingly, it took 5 months to go from 0 to 500 but less than a month for 500 to 1k 😮
Here's everything I've done to build @pmfm_ai:
Oct. 2023… x.com/i/web/status/1…
— Aditya Saxena (@adi808080)
2:10 PM • Jul 7, 2024
Jaisal is building something new by collecting the best startups that paid for promoting their products on affiliate platforms. 🌟 I think this can be really useful for me as well. 💡
🎉 Building something new!!
Who has an affiliate program they'd like to promote??
I'm collecting the best startup affiliate programs that pay the highest commission 🤑
Comment below with the details + program URL and I'll get it added ✅
— Jaisal Rathee ✪ TinyStartups.com (@RatheeJaisal)
2:51 PM • Jul 9, 2024
Kyle Nolan's project, ProjectionLab.com, crossed $40k MRR, which he started 3 years ago as a side project. 🚀 He shared that he was just a normal engineer with a day-to-day job, who didn't know anything about entrepreneurship. It seems like his execution is really sharp with a great strategy. 💡📈
$40k per month?!! 🤯
When I started projectionlab.com as a side project three years ago, I didn't think I'd make $40k PERIOD!
I was a normal engineer with a day job, who didn't know the first thing about entrepreneurship.
I loved making things since I was a kid. But I… x.com/i/web/status/1…
— Kyle Nolan (@_knolan)
12:51 PM • Jul 9, 2024
Chris shared about the best marketplaces to buy and sell startups online: Microns, BuyStartups, MicroAssets, Borderline, Duuce, BuySellStartups, EmpireFlippers, FE, Flippa, Swwwap, MediaAcquired, and Acquire. 🌐💼
The best marketplaces to buy/sell startups:
Microns • @micronsio
BuyStartups • @HeyBuyStartups
MicroAssets • @microassets
Borderline • @borderline_biz
Duuce • @duuce
BuySellStartups • @RatheeJaisal
EmpireFlippers • @EmpireFlippers
FE • @FEIntl
Flippa • @Flippa
Swwwap •… x.com/i/web/status/1…— Chris Osborne (@KintuLabs)
3:54 AM • Jul 10, 2024
Danish shared about his journey of running an LLC in the US as a solo founder while living in India. 🌏 He used Stripe Atlas for the setup, which costs $500 for a one-time setup fee. 💵 He got his EIN within 10 days to open a bank account and used Mercury, getting approved in 48 hours. 🏦 Under one company, he is running all his projects, and ultimately, this is the best way to do it as a solo founder to save yourself from other taxes. 💡💼
📝 My 2.5 years experience of running LLC in US as a solo founder and I live in India.
I use @stripe Atlas, to registered LLC and paid $500(one-time setup fee).
Apply online took approx 30 minutes(1000x faster than registering a company in India)
I got EIN within 10 days, so I… x.com/i/web/status/1…
— Mohd Danish (@mddanishyusuf)
12:06 PM • Jul 10, 2024
If you want to get backlinks for your startup and improve SEO, follow this advice given by Natia. 📈🔗
If you want to get free backlinks for your startup and improve SEO:
1. Open google search
2. Add the following query:intitle: "write for us" {your industry}
3. Choose sniper approach
4. Check DA (Domain authority) using Ahrefs .com
5. If they have 70+ score, send them the… x.com/i/web/status/1…— Natia Kurdadze (@natiakourdadze)
4:49 PM • Jul 11, 2024
Danish shared that how you can start your first side project and make at-least $1k per month.
A roadmap to start your first side project and make at-least $1k per month.
FYI, This is not one night success path. But will not require much tech knowledge.
Idea: Build websites where users can get latest information about tech, design, & research.
Real examples:
@1HaKr… x.com/i/web/status/1…
— Mohd Danish (@mddanishyusuf)
12:24 PM • Jul 12, 2024
Taimoor is selling Leadkit.ai and has received 3 potential acquisition offers. 💼 He is confused about whether to grow or exit. 🤔
Got 3 potential acquire offers for Leadkit.ai !!!
that's awesome..... why??? beacuse it's market is huge, it will be there until the internet dies someday.
Grow or Exit?? an important question for me.
Features,
- Instagram Email Scrapping
- Tiktok Emails… x.com/i/web/status/1…— Taimoor Hassan 🇵🇰 (@mtaimoorhas)
5:31 AM • Jul 12, 2024
Useful Website of the Week 🔥
Check out this website I found really useful: drbacklinks.xyz. It's a totally free database of high DR backlinks. 🔗✨
We hope you enjoyed the updates and stories from the Indie-Hacking community on X.
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See you again next Sunday!
— Avinash (@avinashvagh)
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