£10 MRR (Monthly Recurring Revenue)

February 08, 2023

As of several days ago I crossed £10 MRR. I can’t quite believe that I have any monthly recurring revenue right now given how incomplete the product is. I’ve done virtual no additional promotion and I still get a few people signing up for the application every day (for the free tier) presumably coming from links from my YouTube videos.

Everything is playing out as I had planned:

  • Build Product(s)
  • Make content + build audience
  • Promote product(s) to audience
  • It’s all happening slower than I’d like. However, I can’t expect anything more given that I haven’t made the product any better over the last two months, nor have a created any more language content.

    All I have to do is continue to improve the product and make more content. Every day just chip away at these tasks. I’m still convinced that this will work.

    If I had to make a prediction now I would say that this will generate a minimum of £1000 MRR by the end of the year with my stretch goal being £3000 MRR.

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