Dear Indie Hackers,
I'm Julien, the creator of Scheduled.so. As a French solopreneur based in Reunion Island, I'm building Scheduled to simplify the tasks of content creators. With Scheduled, you can publish your LinkedIn posts directly from Notion. Launched in August 2023, it's been a year of learning and growing. I'm eager to share the top five lessons that have guided my journey.
Two months before launching Scheduled, I started Split, a Buffer copycat. With AI's rise, I believed I could do something better. However, I realized I was reinventing the wheel. I introduced this first app to a handful of friends, but they all asked the same question: "How is it better than X?"
X represented market leaders like Buffer, Publer, Agorapulse and Hootsuite. As a solopreneur, I couldn't outperform these tools. After two months, I trashed it and started using Buffer.
Within two weeks, I identified the real problem. I'm a fan of Notion for centralizing and organizing my content ideas. I used Buffer solely to schedule and publish on LinkedIn, but found myself repeatedly copying and pasting (CMD+C / CMD+V)...
Eventually, I had to maintain content in Notion and Buffer.
That's when I found my unique selling point for Scheduled. Over 60 people had scheduled demo appointments with me in two weeks in August.
If I were to launch a new SaaS, my first goal would be to stand out.
When I launched the Buffer copycat, I started with the idea that every solopreneur needs to promote their business, and content creation was key.
However, I hadn't considered my own usage.
After discarding my first tool and starting to use Notion and Buffer, I realized where the real problem lay.
Maintaining content on two platforms and the long-term switching between them was frustrating. It was a mental load I wanted to eliminate.
This became the first problem that led me to use my product.
Today, in developing my product, I stick to this principle. I identify repetitive habits or time-wasting activities.
A common problem isn't always obvious, yet there are many.
Take this feature, for example: scheduling the first comment on a post.
Anyone familiar with LinkedIn will tell you that including an external link in your post decreases its reach. The workaround is to add the link in a comment and mention it in the post: "See comment."
With Scheduled, you can automate this task.
Experiencing the problem daily and using your product to solve it allows you to prioritize and act quickly.
LTDs are often underestimated compared to the pursuit of MRR.
Without an established fan community, it's challenging for a first product to become profitable with MRR quickly.
LTDs were a great way for me to generate cash, build a fan base, and sustain the first year.
In my first year, 70% of the €25k revenue came from LTDs. The offer evolved over time. Initially, the price was very low for beta users (€45), and now the offer is €250.
I believe it's essential to test different prices according to your SaaS development and understand what best suits your target audience.
For solopreneurs, I've learned three things:
(1) Start an LTD above €90.
(2) Ask for more than an annual fee.
(3) Have an offer between €200 and €300.
Some believe LTDs mean eventually working for free for your users. To me, there's something worse: churn.
With LTDs, you have grateful users ready to talk about your tool, give feedback, and support you.
Solopreneurship taught me how easy it is to get overwhelmed and struggle to prioritize what's essential.
As my SaaS grew, it demanded more of my time to evolve.
No-code was a great way to simplify the workload in the long run.
Initially, 70% of Scheduled's backend was managed by n8n. As a SaaS that publishes content on LinkedIn, I had no technical enjoyment in writing code to call various API endpoints.
On the coding side, I preferred spending time building a parser that fetches and cleans content from Notion. Once done, various n8n workflows are triggered to publish content, post the first comment, update the status in Notion, and refresh the stats, etc.
The major effort is in building the right workflow. Once it's running, the maintenance cost is very low. Just set up proper error management to be alerted and correct issues.
n8n has 3 advantages for me:
(1) It's open-source, and you can deploy it on Docker.
(2) The cloud pricing starts at €20/month; even now, I'm only using 30% of my plan's capacity (the next plan is €50/month).
(3) There's a community that has likely already encountered any issues you face.
Tools like n8n allow for quick execution. If I want to deploy on another platform like Instagram or Twitter, I just need to create a new workflow with a few connectors.
Thanks to others' networks on LinkedIn, Scheduled took off in its first year.
Sometimes, it only takes one person with thousands of followers to mention your tool as remarkable. Your community grows, and so do your users and customers.
Once you understand this, you can implement actions to multiply this traction:
(1) Reach out to the right people by offering them a plan on your tool.
(2) Encourage referrals and affiliations.
(3) Collaborate by complementing your offer with someone else's.
When starting out with no traffic, leveraging others' growth is a fantastic short-term lever.
--
In summary, the five factors that helped me go from €0 to €25k in revenue in 2023:
(1) Be your product's first customer and use it daily to meet your needs. A decline in personal use equals churn. This helps you understand what's missing to retain yourself.
(2) In a saturated market, differentiation captures attention and makes people curious. If the first people you talk to ask, "How is it different from X?" you're not different enough.
(3) Opt for lifetime deals to generate cash quickly and sustain in the long term.
(4) Bet on no-code to alleviate ongoing maintenance and execute faster.
(5) Target individuals with larger networks to grow faster.
My goals for this year are to reach €5k in MRR and delegate as much as possible to launch a new product.
Thank you for taking the time to read this article. I hope these learnings inspire you in your projects ✌️
Nice post!
How did you build your landing page?
Very inspiring! The scheduling space seems very crowded, yet your product is proof there is always room for a different take on things.
Thanks @dev_bytes 🙏 Constant innovation allows newcomers to find their place and dodge the competition.
Love the section on growth. I am starting now my own efforts, and was brainstorming time-efficient ways to help our platform to pick up interest. Simple advice that you provided seems actually very effective!
Thanks @greencareer!
To put it simply, in my opinion, you indeed have 2 ways to grow:
(1) by relying on your own traffic or your own audience (which you may not necessarily have when you start)
(2) through the growth of another person or another company.
Thanks @Julclt!
May I pick your brains some more? Would you expand a bit on the growth of another company? Do you mean like partnerships or collars?
Yes exactly. You can identify other companies or people where you'll have a complementarity. You can set up a revenue-sharing model. It should be a win-win equation.
Very good point about LTD. Nowadays, people start to be tired of having 30 different mensual subscriptions everywhere and they are sometimes more ready to buy LTD. They start using the monthly subscription to try out the product and then buy it lifetime.
The only cons would be if you want to exit by reselling your idea. Investors almost only look at ARR.
"They start using the monthly subscription to try out the product and then buy it lifetime."
Exactly!
"The only cons would be if you want to exit by reselling your idea. Investors almost only look at ARR."
I agree with that as well. This year, the goal will be to further increase the MRR to have a more predictable business.
Great post and interesting thoughts!
Agree LTD vs MRR is a controversial topic. If you needed the cash to continue to invest in the product early, then LTD for a limited time makes sense. MRR is likely the better option to transition to though.
Question is LTV from the customer is higher under MRR vs LTD, taking into account sign ups / churn rates. And comparing that to your CAC etc
Thanks @instadecide!
"Agree LTD vs MRR is a controversial topic. If you needed the cash to continue to invest in the product early, then LTD for a limited time makes sense. MRR is likely the better option to transition to though."
Totally agree! I see this as a transition, in three phases it would look like this:
(1) Bet on LTD for quick cash
(2) A mix between LTD and MRR to continue growing
(3) Increase MRR for a predictable business
"Question is LTV from the customer is higher under MRR vs LTD, taking into account sign ups / churn rates. And comparing that to your CAC etc"
It depends on the customer. Today, if my customer is a solopreneur, the LTD has a better LTV than the MRR. If my customer is on the Pro plan, the LTD is not as good. For now, I consider my CAC to be 0 because I mainly focus on content creation
ive always found the LTD vs MRR argument really interesting
i think it made a lot of sense for you but are you planning to exit the business or keep running it?
i think MRR is for people who wanna exit the businesss
I want to exit, but I want to grow the product as much as possible before doing so. I agree that MRR over the long term will be more ideal than LTD.
Hello Julien, thank you sharing, really awesome read, it seemed you were able to quickly validate the idea and also get customers on onboard, can you share on this ?
I confirmed the product's interest in 2 weeks by using my own product to create content on LinkedIn and attract attention. Initially, the product was in private beta and free. Registration was only possible through a demo with me. I conducted over 60 demos in one month to understand what the product was missing and get an idea of what users might pay. After another month improving the product with all the feedback, I launched the beta with a lifetime plan at €45. About 100 people purchased it, confirming a real need.
I chose LinkedIn because I was already active there, it's where I had my largest audience (3700 followers at the time), and I didn't find any direct competitors.
Okay nice, any plans to including other social media platforms ?
Yes of course. Instagram and Facebook are coming... :)
thanks for breaking it down
Thanks @mcwhopper63
Great post, thanks for sharing. This piece is gold:
“Be your product's first customer and use it daily to meet your needs. A decline in personal use equals churn. This helps you understand what's missing to retain yourself.”
Thanks @matheusml 🙏
Yup, this is gold.
I love how you differentiated yourself from the plethora of scheduling apps by picking a niche!
Differentiation is the best way to avoid comparisons and catch attention. The advantage of innovations like Notion or AI is that they change our habits. It's this shift that creates the perfect opportunity to introduce a new product and cater to the new user habits.
Hey Julien. Thanks for sharing your journey. I've definitely heard LTD are a way to boost cash at launch, while also heard others saying they should avoid it at all cost!
Have you considered using Affiliate Marketing as an option? I like Reditus (https://www.getreditus.com/?gr_pk=870D&gr_uid=GYjG) as its more geared towards Saas products
Tahnks @Whazziz!
"I've definitely heard LTD are a way to boost cash at launch, while also heard others saying they should avoid it at all cost!"
It depends on the strategy you have. For me, it allowed me to generate cash, continue to exist, and gradually increase my MRR.
I tried Rewardful for affiliate marketing but found it doesn't work at all for me. Maybe I'm doing something wrong currently and should reconsider everything. Thanks for suggesting Reditus; I wasn't aware of it.