How I Doubled My Product Revenue in 2023 🤑
I doubled my digital product revenue in 2023! Ok, it’s not a big number by any means, just shy of $1200. But it’s still money I now have from something I made a couple of years ago now and the year still isn’t quite over.
I said last year that I made enough money in 2022 for a day off a year - now that’s maybe two? At 2x rate each year I’ll be making a healthy $153k/yr in 7 years…hey a man can dream!
I’ve mentioned “Side Projects Making $$$+" a few times here. It’s a notion database of all the side projects that have been posted on Hacker News for the past 9 years. This is where solopreneurs list the details of their projects and how much they are making.
I found it really inspiring and I think the stories there are a great source of information, so I collected all the data I could from the threads in notion and decided to sell it.
But how have I doubled my revenue?
The Simple Answer: I Charged More
When I first created it, I was selling it for just £3 just to test the waters. I quickly bumped to $15 a few months later as I added data from more years. Right now, it’s sat at a suggested price of $20 and I’ve been pleasantly surprised at the amount of people who opt to pay more for it.
I’m still reeling after all my notifications over Black Friday, but I also get a steady sprinkling of sales throughout the year. it always brings a bit of joy when I do. I need to figure out the best places to market this since currently the majority of sales are driven from one place.
In other news, I launched a component library - sort of. I modded an existing component library to have more themes. It’s called daisystatic and you can find a link to it below.
Hope you enjoy to the links I enjoyed this month, if you have any comments feel free to get in touch.
Until next time, keep on shipping!
Articles
How I Made $70k Self-Publishing a Book About Database Performance
Tobias Petry gives some notes on how he achieved amazing results with the launch of his first self published book.
Designing a Programming Language to Speedrun AdventOfCode
Advent of Code is here! The organisers have asked to not use AI to play, but how about making an entire language to do so?
Intro to Large Language Models
Andrej Karpathy is a researcher who helped start OpenAI and was director for AI at Tesla. Here he gives a brilliant 1hr general audience talk on LLM’s.