Episode Transcript
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0:00
What's up, dude?
0:05
Yo, what's going
0:08
on, man? Who do we got today?
0:11
Liz and Lucas Herman. I'm excited about
0:13
this. You know what I'm excited about,
0:15
Luke? And his wife, Liz, they're
0:17
sort of a team running this company together.
0:21
Their app, I think they make $8,000 a month. That
0:24
was back in January, so maybe it's more now. They
0:27
have this very simple tool that I
0:30
think anybody would look at and be like, I could build this in
0:32
a weekend. Usually
0:34
it's not a weekend, six months or something. But I could build
0:36
this very easily by myself. But they're making
0:38
$100K a year from it.
0:40
And also,
0:43
he was working as a software engineer. I think he went to college.
0:46
Software engineer was making $80K a year at a startup.
0:49
He had been underpaid by a startup, and
0:51
he quit that. And now he's making more than that
0:53
as an anti-hacker. From something very simple that he
0:55
bootstrapped with his
0:56
wife, and he doesn't know anybody, any money.
0:59
He's just basically free. He's living the anti-hacker
1:01
dream. Yeah, yeah. By
1:03
the way, I feel like that detail
1:06
of it looks really simple from
1:08
the surface. I've been seeing that everywhere
1:10
lately. We've posted a couple of stories of people
1:12
that are building AI companies, and
1:15
every single comment section has one or two people going,
1:18
wait a minute, this is just two API calls. That's
1:21
it? Yeah, that's super simple. Well, AI is like
1:23
next level. I was posting about AI, I think a couple
1:26
days ago, because I've got this new bot,
1:29
or Anderson Koop bot, who basically is an AI
1:31
journalist who sends us little
1:33
reviews of people's submissions for writing and tells
1:35
us. What ratio of your time are you spending
1:37
figuring out the names of these bots versus actually
1:40
building the bots? It's like 50-50, I would
1:42
say. It's hard to come up with good bot names. Why
1:45
don't you use the bots to name the bots?
1:48
I should. I've tried it. I swear to God, I put names
1:50
in the GPT-4. It sucks.
1:52
You've tried to use it for creative writing. It's not that good
1:54
at coming up with creative writing.
1:57
It's not that good at being funny. It's partially
1:59
in the prompt. But yeah creative writing yeah, it'll it'll
2:02
like get your creative juices flowing. It's like good
2:04
for brainstorming But anyway, I mean
2:06
I posted about the spot and people keep asking me like
2:08
oh open source it write a guide I'm like no no
2:10
like it's like not that much code like the vast majority
2:12
of the working stuff by open AI
2:14
So there's a lot of cool stuff you could build nowadays. That's
2:17
super simple. You know what also is cool about
2:19
Lucas and his wife's not just that they're building
2:22
something really simple, but that they
2:24
are Incredibly ambitious
2:27
so he has let me send you this thread. I think you've seen
2:30
this thread
2:31
Here it's like his Twitter thread the
2:33
very first tweet of this thread is yeah
2:35
I'm going to get rich and this is how I'm gonna
2:37
do it. He's not he's not like
2:40
oh, I'm you know I hope to make some money. He's like no I'm gonna
2:42
get like
2:43
insanely wealthy and like I am he's
2:45
like Babe Ruth Pointing to the outfield
2:47
exactly where he's gonna hit the ball. He's not he's not
2:49
hey guys. I made something Hashtag
2:52
building in public oh here. He is what's
2:54
up Lucas hi Liz
2:56
hey guys We were just talking
2:58
about your Twitter thread Lucas
3:01
And I think it's amazing the vast majority of
3:03
indie hackers are not that ambitious
3:05
Like Sean purry for my first million came on our
3:07
show like very recently And he was kind of like you
3:09
guys are doing small boy stuff You know we're all about big boy stuff
3:12
on my first million and like I look
3:14
at your tweet And like you're like the same attitude
3:16
right you've got this app. It's very cool.
3:19
You're just getting started though I mean even your Twitter
3:21
background You've
3:22
got like these three mountains and the first mountain
3:24
is like a little stick figure walking up it And
3:26
it's like a million dollars a year in revenue, and there's
3:28
another mountain after that It's a little bigger, and it's like a
3:31
hundred million dollars a year in revenue and the third
3:33
mountain is like
3:34
Something crazy,
3:36
and then even like your progress bar
3:38
like every indie hacker has like the same progress
3:40
bar under like their Twitter profile Like where
3:42
you've got like the boxes and on the left
3:44
It's like zero dollars on the right It's your goal and you color
3:46
the boxes green the further you get
3:49
and most of us are like yeah $10,000 a month
3:51
is like my goal. You know 20,000 years
3:53
is like a million dollars By
3:58
the way and by the way we can't we can't let them off the
3:59
hook. I want to read
4:02
a couple of highlights from this sick thread.
4:04
So number one, you're like, all right, I
4:06
canceled my interviews. I stopped looking for work because
4:09
you had gotten laid off. And you're like, but I'm going to be rich.
4:11
First, I'm going to stop selling my time for money. Then
4:14
I'll bootstrap a product. I'll scratch my edge. You
4:16
kind of go through, I'm going to make
4:18
a lot of money. Then I'm going to start my second company.
4:21
And then you do something that's so funny, which
4:23
is you predict
4:26
a point that happens in a lot of people's journey
4:28
that they always blind sized them. You
4:31
specifically go, then I'll have a midlife
4:33
crisis. What am I even doing? I
4:35
reached my buddy goals. I'm living the life.
4:37
My parents retirement is secured. What next? Then
4:40
I remember like, now I have my
4:42
financial freedom. I'm excited about my space
4:44
X, right? Like you completely draw
4:47
this thing out in a way that like
4:49
even the people who do reach these goals
4:52
don't see like all the steps coming the way
4:54
that you've like laid it out. Yeah, it's pretty
4:56
cool. The funny thing here is
4:58
we are big fans of my first million. And
5:01
then one day out of the blue,
5:04
Sam started falling and I'm a big Sam
5:06
fan and he is a big Sean fan. And
5:09
then I'm like, ah, Sam follows me and I even
5:11
tweeted. Oh, I think it was by mistake. But and
5:13
then he answered Sam answered and said, no, no,
5:15
I like what you're doing. And that's why I followed you.
5:18
And then a few weeks later, he
5:20
tweeted something actually saying, and then I'm
5:22
going to be interviewed on my first million
5:25
and started following him. Okay,
5:28
yeah, all the path here.
5:29
Yes, I was like, I'm gonna make this killer
5:32
tweet. And I even looked up
5:34
the Disney story spine.
5:36
That's like, you know, things all
5:39
the time and then have a this and then have a this but
5:41
one day and then have as like, okay, I'm gonna
5:43
write a tweet exactly like the Pixar
5:46
story. And totally work.
5:49
So let's let's clue people into what you guys are doing here.
5:51
Your app, as I mentioned earlier, it's very simple,
5:54
but it's very
5:56
good. It's called stage timer.io.
5:58
So let's say I'm running a
5:59
conference or an event where I've got speakers. I
6:02
want my speakers to all know, like,
6:04
pretty simple, how much time do they have left
6:06
in their talk? Is it 10 minutes? Is it 30 minutes? And
6:09
I want it to be like on some sort of laptop or screen
6:11
or iPad that they can see while they're talking
6:13
so they don't go over time.
6:15
But I want to also be able to control that,
6:17
pretty much everything about that timer from like the comfort of
6:20
my seat. I don't want to have to be running up to the stage,
6:22
telling them how much time is left, or pressing pause on the screen.
6:24
And so that's basically what stagetimer.io is.
6:27
You basically
6:28
sign on to your website, and you create
6:31
a timer, and you get this whole dashboard with all these cool controls
6:33
to control a timer. I can add time to it,
6:35
reset it, make it flash. I can have multiple timers. I
6:37
can show messages, whatever I want I can do.
6:40
And then there's another link I can give people. It's like a special
6:43
view to the timer that I set up for my speakers.
6:45
And that will just show them the timer, and it will just show
6:47
them any messages I send to the timer that I
6:49
can control.
6:51
And that's, as far as I can tell, that's pretty much it.
6:53
And I think you're charging like 20 bucks a month, 30 bucks
6:56
a month for this. And you are at, last
6:58
I saw $8,000 a month in revenue.
7:02
Yeah, a bit more already. Yeah, nice.
7:04
I mean, this is the dream. Chani, I were talking before you came on, like
7:06
everybody wants to build something that's simple, that's
7:09
easy to understand,
7:10
but that like makes you a living. I mean, you're
7:12
making more from this than you're making at your startup job,
7:14
Lucas.
7:15
Yeah, it's actually a bit wild. If you
7:17
think that a countdown timer, like
7:20
the most unruly thing that anybody
7:22
would pay money for makes more money
7:24
than the startup, it's
7:26
a great, it's a great signal.
7:28
Yeah, I saw a post actually where you guys talked about coming
7:30
up with your idea.
7:31
I think it's really funny how you came up with your idea, because this is like the
7:33
most generic startup advice ever. It's like, keep
7:35
your eyes open for problems in the world. And like one
7:38
day you'll find a problem that's worth solving and then solve
7:40
it. And like almost nobody
7:42
does that. It's so hard to do that. It's like
7:44
incredibly hard to just stumble across an idea, but
7:46
that's exactly what you did. You were at,
7:49
I think Lucas, a friend's recording studio.
7:52
Yeah, and then you saw them like start
7:54
a timer on their iPad and then run to the control
7:57
area to start controlling it. Like he didn't have a remote.
7:59
He had to like.
7:59
physically sprint across the studio
8:02
to do his timer. Exactly.
8:04
Yeah, it's like I see him running in, running in,
8:06
you know, like clicking this one button on the laptop,
8:08
running back out, seeing as there must
8:10
be a better solution for this. You know, many people say
8:13
on Twitter, like, scratch your own edge, do
8:15
you know, build a business that you that yourself
8:17
like,
8:18
and I looked around like I want to scratch somebody else's
8:20
edge. You know, I see this guy, like, can
8:23
I build something that is a solution for him?
8:25
First of all, I thought, surely, surely
8:27
somebody else has has made has made something.
8:30
I feel like whenever you look in the world and
8:32
it's like, there's such an obvious solution to this
8:34
problem
8:35
that maybe you see because you have the background and
8:37
everybody else just like doesn't know that
8:39
that's a perfect business. And I was like, I'm
8:42
gonna build it in one weekend. And of course,
8:44
like free, you know, like just very simple, put on the
8:46
internet, put on Reddit, it's like, you know,
8:48
who cares? Let's see if people want this if you
8:50
want to use it. I just did it as I get like,
8:53
I get skeptical when I see things that are obvious. I'm
8:55
like, I get this built this on a weekend. And I'm like, somebody
8:57
has to have already solved this problem. Like it must
8:59
be my friend who doesn't understand he's like
9:01
running from the time of the control. Like he doesn't understand
9:04
he's never googled this. But like, there's
9:05
no way
9:06
you know, it's 2023. And nobody's built like a timer. Did you
9:10
do any research? Did you go back and try to find out like, hey,
9:13
like, does this exist?
9:16
Yeah, so I like on the very spot, I tried
9:18
to find this solution. And I couldn't.
9:21
I just a simple website that you open half
9:23
a timer. That is remote
9:25
controlled. So I build it and
9:28
afterwards, I find like two or three solutions
9:30
that are old windows apps.
9:34
What's interesting is you did the you did something that's
9:36
the opposite of what Paul Graham said
9:39
just a couple of days ago, he tweeted,
9:42
when young founders build something that they don't
9:44
want themselves, but that they believe some
9:46
group of other people want 90% of the time,
9:49
they're building something that nobody wants.
9:51
And even you must respond to it. Yeah,
9:53
it was like, like true. But I
9:56
would say also, this is the thing
9:58
about percentages, right? There is still the 10%.
10:01
He said, nice. So there is still 10%. And
10:04
I'm not saying that other people should do it,
10:07
but I'm just saying that the smart thing
10:09
in Lucas' case that he always summarizes,
10:12
of course.
10:14
So the story goes fast. But
10:16
the truth is that he went on Reddit
10:18
and he asked, if he could use
10:21
Countdown Timer that would be controlled
10:23
remotely, what would this need
10:25
to have? And from that feedback,
10:28
he actually created the first one. And
10:30
then,
10:49
in
10:54
this case, like event organizing
10:56
and media recording, there's
10:58
so much low-hanging fruit
11:00
that you as a developer coming
11:02
from a startup, you
11:04
look at it, it's like, I would automate this. I
11:06
would change this. I would make this better. There's
11:09
so much low-hanging fruit. I feel there's a lot
11:11
of
11:12
remote problems to be solved for developers
11:14
in other industries. I think that's spot on. Until
11:17
today, we see that all the time that
11:19
people actually write us because they love so
11:22
much the interface of stage timer, they
11:24
write and say, OK, do you have something like
11:26
stage timer but for this in the industry?
11:28
So we get emails all the time, people
11:31
asking, OK, but do you have something like
11:33
stage time but for teleprompter? Do you have
11:35
something like stage time? And then
11:37
they are always mentioning things. And we're like, man,
11:40
there are so many things that we could
11:41
do in this industry. Again, these
11:43
low-hanging fruit that are still there to be
11:45
taken. It's fascinating because it's like, in
11:47
the world of technology, if you're a developer,
11:50
you're building tools for other developers, you go on GitHub, millions
11:53
of products. Like programmers are solving every
11:56
single little thing about every single thing. And
11:58
somebody builds a library, then somebody comes in.
11:59
another library to solve the problems with that library and
12:02
it's just like tons and tons of stuff. So
12:04
even if software engineers
12:06
and Andy hackers have already gotten to some other industry
12:08
like let's say insurance and they've already built some
12:11
tools there, they haven't built anything near
12:13
what they built for software engineers and so there's like guaranteed
12:16
to be like something that
12:19
you can build. And sometimes it's as obvious as like
12:21
hey like you should be able to control this timer with a remote
12:23
and this old shitty Windows app is
12:26
not good enough. But sometimes it's a little bit deeper
12:28
and I think that people can explore a little bit more here and
12:30
then try to figure out
12:31
what's going on in other industries.
12:33
Absolutely and there's of course there's the big
12:36
industry problems that probably are worked on but
12:38
there's always these little niches for indie
12:41
hackers that are little problems that nobody
12:43
really wants to solve because there's just not enough money
12:45
in it but for a single person like
12:47
me like us it's just like perfect
12:50
and enough to grow a good business.
12:53
What was a patio 11 had
12:55
a really simple app for
12:57
teachers I forget what it's called. Bingo Card
12:59
Creator. Yeah Bingo Card Creator.
13:02
Back in 2007 and it was the exact
13:04
same story where it's not
13:06
a super sophisticated
13:08
product and when he's talking to developers
13:12
or to coders like eyebrows would go
13:14
up like really you're making a product out of that
13:16
and the thing that he hammered the drum
13:18
about all the time is like look
13:21
to us this is just a simple app but
13:23
to teachers or people who are not technical
13:26
this is magic right. Yeah
13:28
they're literally creating bingo cards by hand
13:30
for these kids it's taking them hours we could you
13:32
know use code to do this in a minute and like no one's
13:35
doing it for them because programmers are only making apps for
13:37
other programmers. You mentioned that you launched
13:39
on reddit this wasn't just like a singular moment boom you
13:41
have an app it was like a
13:43
six month process and I found the post where
13:45
you launched on reddit I thought it was so smart how you did it because
13:48
the
13:49
vast majority of indie hackers like oh you can't
13:51
launch on reddit you can't advertise on reddit you're gonna
13:53
get banned I've been kicked out of so many subreddits
13:55
blah blah blah but I think they're just doing it wrong
13:57
and I think Lucas the way you did it was
14:00
So you went to, there's a
14:02
subreddit, it's called r-commercial-av,
14:04
and
14:05
you made this post called Advice for Presentation
14:07
Timer App in the Making. And just with your title,
14:10
I think you killed it. Because you're like,
14:12
you're not like, hey, everybody come use my thing, I'm advertising,
14:14
blah, blah, blah, spam, spam, spam. You're like, hey, I need
14:17
some advice. All of you smart, genius
14:19
people out there, I could really just use some tips. So
14:22
it's disarming in a way.
14:23
And then in your post, you kept it real short and
14:25
simple.
14:26
You're like, hey, everybody.
14:27
I'm building a presentation timer app that runs in the browser,
14:29
blah, blah, blah. Can you give me some feedback about
14:32
the features necessary for such an app?
14:34
Here's the current version, and then you literally put a link
14:36
to your app. So you've done all the things you need to do. You put
14:38
a link to your app. You tell people you're building it. And
14:40
now you get all this free feedback
14:43
from people and probably some of your first users
14:45
and just that one post.
14:47
So I actually, first of all, I had to look for the subreddit.
14:49
It's so hard to find a subreddit if you're not knowledgeable.
14:52
So I found this tool where you put one subreddit
14:55
and it gives you all the connection to the other ones. Is
14:57
it like that network graph thing? I think I've seen
14:59
that visualization. Yeah, it's like a network graph of a
15:01
subreddit. Yeah, it's so cool. It's like a map of Reddit.
15:04
It's amazing. And so I go there
15:06
and exactly I thought, OK, how can you
15:08
post this? So people actually want
15:10
to read it and want to respond. Reddit,
15:13
you can exhaust very quickly. And funny, there's
15:16
another tool, another timer that's launched like
15:18
a year later in the same subreddit.
15:20
And I read these posts and it was open source tool. And
15:23
he posted, first one, everybody was excited. And
15:25
then he posted like every single like every week
15:28
he posted and it petered out. You can't
15:30
do that on Reddit. You've
15:32
got one post. You make it short. You
15:34
make it to the point you ask for questions. You don't
15:36
advertise. You got it. And
15:38
then like six months later, I was like, OK, now I
15:40
did it. Like, hey, with your help, I did
15:42
it.
15:43
Check it out. What do
15:45
you think? Oh, that's smart. And it was when you
15:47
think of the paid version. That's when we launched the paid
15:49
version. But I didn't mention the paid version. I just said
15:51
like, hey, thanks for your help. I
15:54
built this thing and now it's a thing and it's
15:56
awesome. There's a hilarious comment
15:59
on your first. Reddit post that I liked. It
16:01
was like someone was basically talking about a different time
16:03
wrap that they found
16:04
where a speaker might have 10 minutes,
16:06
but you can actually speed up the timer. So
16:08
really only nine minutes go by, but
16:11
the countdown looks like it's counting to 10. And
16:13
it's like the most amazing trick for basically
16:15
making so your speakers don't go over time and everything runs
16:18
smoothly. Do you guys have that? Did you end up adding that feature
16:20
to your app?
16:21
This literally the one oldest feature
16:23
in our backlog. And
16:25
I have not built it yet because it's such
16:27
a mind-boggling hard task on a district
16:31
We get very funny requests
16:33
actually, but we also get some
16:36
ultimatums. I mean, not anymore,
16:38
but in the beginning, it was really funny building
16:41
stage timer,
16:43
really listening to the
16:45
users because we didn't know any better, right?
16:48
We didn't know how industry works.
16:50
So I remember the first time I got an email and
16:52
the person said like, Oh, can you add this
16:55
and this so I can build a rundown
16:57
with stage timer? And I was like, what is a rundown?
17:00
And then I asked him,
17:02
so it was really funny entering an industry
17:04
with no prior knowledge, but
17:06
then also the user base,
17:08
right? Teaching us and educating us.
17:11
There was this one guy that was really funny. I
17:13
think it was one of our first yearly
17:15
subscriptions
17:17
and he wrote very
17:19
like straightforward. He said, I love stage timer.
17:22
And here are the things that
17:24
I would like to see on stage timer, because
17:26
if you don't have these things by next year, then
17:29
I'm not going to renew
17:29
my subscription. Like for us, like
17:32
I just gave you money. You better have this next
17:34
year. It's like a mafia. Yeah, it
17:37
was awesome because then we had
17:39
exactly what a producer needs,
17:42
you know, he was really organized and he mentioned
17:44
the most important things. And we
17:47
are very thankful for the
17:49
input on this guy and many other people that
17:51
wrote us because we didn't
17:52
know what they needed for
17:55
the event production space. And then we just
17:57
hopped on a call like, Hey Kat, can we have a call with you? Can
18:00
you tell us what you're actually doing? Like just show us. And
18:03
of course the cool things that when you were dealing with
18:05
early adopters, they're super excited,
18:07
right? So they were actually thanking
18:09
us for the time. They were feeling so good,
18:12
you know, for talking to people
18:14
that work for StageTime. And until today, we
18:17
get messages and even people saying,
18:19
please send my thanks to the team, you know. And then
18:21
I just turned to Luke and was like, thank you.
18:24
And that's it because people actually believe that
18:26
we are a larger team. And
18:29
recently you even met a person and the person
18:31
said, oh, you are one of the engineers.
18:33
And I was like, yeah, well, a bit more
18:35
than that. It's cool because like what
18:37
you're doing is basically proving that like you don't have to solve
18:39
your own problem, right? And I think solving your own
18:41
problem is a little bit overrated because at the
18:43
end of the day, like you're trying to find like other
18:45
customers, right? And they're going to be different than you
18:48
no matter what. Like even if you know an area
18:50
inside and out, other people are going to be different than you. And
18:52
if you don't keep your ears and eyes open
18:54
to listen to what like they have as problems
18:57
and what they want, you're going to be dead. And
18:59
so you might as well get in the habit of doing that from day one
19:01
by solving like other people's problems. And I
19:03
like that you posted on the subreddit
19:05
and like you said, you posted like again. So you later on
19:07
like came back
19:08
and you were like, okay, hey, spend six
19:10
months.
19:12
Here's a link to my old post. Thank you. And you were super smart
19:14
again with how you did it. Like thank you so much for the
19:16
advice. You know, it was so great. So helpful just
19:18
so you know, like here's what the new product is like with
19:20
all your advice added. So you're not like advertising.
19:23
You're just like participating as a community
19:25
member. I've tried to get
19:27
people to do this for indie hackers for so long. It's so hard. You
19:30
get like a group of indie hackers or founders together, put
19:32
them on a forum.
19:33
Everybody just wants to advertise and
19:35
I think everybody cares about what they're doing. It's like nobody
19:37
cares about what you're doing. They care about themselves.
19:39
They want to feel smart. They want to feel important. They want to feel helpful.
19:42
And like I feel like you're one of the few people who did that
19:44
right.
19:45
And so I think after that second Reddit post is when you got
19:47
is that when you got your very first paying customer?
19:50
Yeah, so I pushed out on Twitter and I
19:52
had like 300 followers at that time. Like,
19:55
okay, nobody's going to read it, but you know, that's what you do.
19:57
Build it public, push it out, you know, treat it out. And
20:00
just the same night somebody purchased
20:02
it. This is incredible. Your
20:04
first daughter online is some magical moment. I
20:07
contact the guy. I write him on Twitter. He's
20:10
like, hey, why did you buy my thing? I
20:13
know you're from this first Reddit post. And
20:16
I just followed you. And I love it. I
20:18
love new things. I love what you're doing. I bought
20:20
it right away.
20:21
And it knocked me
20:23
off that it's from this first Reddit post. Actually,
20:26
somebody purchased it. Are you guys, how much
20:28
do you tweet? I know we were reading that one Twitter thread
20:30
that you have. But I haven't really like, I just followed
20:32
both of you.
20:33
How big is Twitter and your marketing and
20:35
growth strategies?
20:37
Nothing. Because all the people
20:39
on Twitter, like there's the Venn diagram between people
20:41
on Twitter and the people that do
20:43
video live video recording and events. It's
20:46
like, there's always no overlap. Just don't
20:48
touch. We just created actually
20:50
now a Twitter first stage timer. But
20:53
it's not at all our, it's
20:55
not even a customer acquisition channel for us.
20:57
So it's not a focus at all for us. And
21:00
then as Luca said, the first users came
21:02
from Reddit. And then
21:05
the coolest part is that it grew mainly
21:08
through word of mouth in the beginning. So
21:10
because this industry is so tightly
21:13
knitted, so it's just the way it
21:15
is for them. As soon as they find something, they
21:18
tell others.
21:19
And the most amazing part about this
21:21
industry is, as you can imagine, they are
21:23
great with video. So I
21:25
think 90% of these people are actually
21:27
YouTubers. So what happened
21:29
is that people started making videos
21:32
about stage timer. And
21:34
then we have these really cool videos made about
21:37
stage timer that we didn't even commission. It's
21:39
just because they're excited and they want
21:40
to share with other people. So every now and then,
21:43
we get an email from a user and say, oh, I just
21:45
saw that so and so mentioned
21:47
you. And then they send the video with the minute already
21:50
you know that I should watch. And it's becoming
21:52
this tool in the space where people
21:54
even reference already as if it's like
21:56
a house brand.
21:58
And then, for example, they all The other day I saw
22:01
that a big creator in the space, he
22:03
mentioned stage timer.
22:05
Actually, he was using stage timer.
22:08
And then he mentioned that he wanted to do something
22:10
related to a timer. And
22:12
two people on the comments on the live
22:15
on YouTube said, yeah, but you should check because
22:17
stage timer actually allows you to do that. It
22:19
was such a model for me because like, oh,
22:21
look at that. They actually mentioned
22:23
stage timer. It's like Nike, you know?
22:25
It's like the Nike of the space. It's just
22:27
like, you don't have to say anything else. It's just stage timer.
22:30
That's really cool to see that it's developing
22:32
like this
22:33
in the industry. That's awesome. And
22:35
word of mouth is, I think it's the best
22:37
type of marketing because it's, your customers
22:40
aren't being marketed at. The downside
22:42
of it is that it's relatively slow. And
22:44
so you had your first
22:47
Reddit customer, but what
22:49
were you doing while your revenue grew
22:52
by word of mouth? And like
22:54
Lucas, I know that at first you were working at a startup.
22:57
Liz, what were you doing? So actually
22:59
I only joined a few months
23:02
after he created the paid version
23:05
before I was working in, in
23:07
humanitarian work.
23:09
And I was working in social development
23:11
and so on. And when I joined
23:14
Lucas in September, 2021,
23:17
I started helping
23:19
him exactly to grow the, to one thing that Lucas
23:21
did that was quite genius. And this again
23:23
comes from
23:24
the way he functions is that he
23:26
called the thing stage timer. It's
23:28
just like calling a clock a clock.
23:31
So because he called stage timer,
23:33
stage timer, SEO
23:35
came by default.
23:36
So when people were
23:38
stage timer, then you would show, we
23:40
were already on the first page pretty fast
23:43
because of that. So this was already SEO
23:45
then became the
23:47
largest, actually word of mouth. It was the second
23:50
largest growth channel. And
23:52
then
23:54
since we saw that SEO would be the way for
23:56
us, then we started tackling SEO
23:58
more intentionally.
23:59
and found out that the best
24:02
way, because it's such a technical
24:04
industry, is to just do technical
24:07
blogs or documentation even better.
24:10
Because these top of funnel silly
24:12
blogs that usually you can do other
24:14
projects doesn't work in this case. Because if
24:16
I make those, we bring the wrong traffic.
24:19
These are the people that won't convert, because they don't
24:21
need such a complex time.
24:24
So funnily enough, one of the things
24:27
that brings us the most paying customers
24:29
is a documentation about how to use a countdown
24:31
timer with OBS.
24:33
So
24:34
we started to realize, OK, we have to go
24:36
very technical, which is hard, because we don't
24:38
know the technicalities of the industry
24:41
so well. But that's how we
24:43
then started growing. Of course, then ads,
24:46
and we keep expanding to
24:48
get more and more customers. So patting back
24:51
a little bit, you ask, what do you do with your
24:53
time now? And I was in the same position,
24:55
probably many people in the same position, like, oh, first dollar,
24:57
what do you do? So as
24:59
one does, I go on Twitter, and I ask, how do I do marketing
25:02
points, too? What do I write? What articles
25:04
do I publish? No idea.
25:06
And somebody said something very genius. They
25:09
said, some products are so simple. If
25:11
you sell a horse, just say horse for
25:13
sale. Just say what it is.
25:15
And I'm like, yeah, I think mine is so simple. So
25:18
I just created blog posts or documentation
25:20
that says, here's how you use my tool. First
25:23
step, this step, this step. Click this button, do this
25:25
thing.
25:26
And this, to date, the most
25:29
clicked and converting articles that we have.
25:32
Yeah, I think I run an Airbnb, and
25:34
it's kind of in the same bucket.
25:36
It's the easiest thing I've ever sold.
25:39
I'm just like, hey, I got a place. You can sleep
25:41
in it. It costs this much per night. Here it is. Put
25:43
on Airbnb. And it's like, ah, I'm just making $5,000 a month, instantly.
25:47
And it's so much easier than selling the vast majority
25:49
of super complicated tech
25:51
products that everybody's addicted to making.
25:54
You sell a stage timer. It's like, yeah, you want to time
25:56
your events? Here it is. It's literally
25:58
called stage timer.
25:59
You said you're killing an SEO at Google stage time and
26:02
you guys are the number one
26:04
Result which is a pretty good place to be that's
26:07
also one of the benefits of Moving
26:10
into a niche that doesn't have a lot of competition,
26:12
right? You actually can get that,
26:14
you know, for example that domain name
26:16
exactly I mean the flip side is you go on a
26:18
threads you look for your keywords and there's like
26:20
zero traffic I was just like almost
26:23
nobody's ranking for it and then you kind of start doing content
26:25
and you realize okay There are two hundred two hundred three
26:27
hundred people coming
26:28
and they have high purchasing intent. So
26:31
these are enough for us So what's it like
26:34
working together because you two are you're married, right? Yeah,
26:37
yeah, I aren't married but we're related sometimes
26:39
we want to kill each other, you know, so that works out really
26:41
well I think like the the most
26:43
stereotypical advice is like don't you know get into
26:46
business with your friends and your family? We're
26:48
all four of us doing like literally the exact
26:50
opposite You do seem pretty
26:52
happy. You're both smiling like
26:55
Mutually complementary you haven't killed each other
26:57
yet. How's it how's it going?
26:59
Well, I I think I can I can say
27:01
more about that because because of the
27:03
following look at this left He was cousin for the
27:05
other day I even made fun on Twitter and said
27:07
like that is awesome you know
27:08
being married to your co-founder because
27:10
you can have meetings as you go for walk
27:13
or as you go out to eat and Then
27:16
some very patronizing guy comes
27:18
to me and says like yeah
27:21
once the pink colored glasses You
27:23
know fall your boot power and we
27:25
have been about ten years Married for seven
27:28
had worked together since the day one
27:30
because we met while volunteering So
27:33
I soon met we started working
27:35
together and we did a ton of projects
27:37
together while we were working in Humanitarian
27:40
aid Lucas came to Brazil we work together So
27:42
this is not our first thing
27:45
and I think he works so well exactly
27:47
because of that because we tested the waters
27:50
In
27:51
like low risk Environments
27:53
before and we knew that we work well
27:55
together and then when Lucas invited
27:57
me to just join Stay tuned
27:59
time I was like yeah this is tried
28:02
in and tested. I mean I
28:04
had to do a calculation right because I invited her eventually
28:07
and it's like is it a wise idea this is a good
28:09
idea like you know you can't step back from bed it's
28:12
like having a kid. I'm
28:14
co-founder your wife so I
28:16
thought you know when when you look at families
28:19
most of them they kind of build
28:21
up their different jobs and they lose kind
28:23
of the things that they talk about and then they end up talking about
28:25
the series that I watch and then they get kids
28:27
and then talk about their kids
28:29
and we thought I thought you know if we do work
28:31
together we have some like we
28:33
have a common interest and common topic so
28:35
like a world that overlaps with that we can
28:38
use for dinner conversations and it works great
28:40
just an example one exercise that we do when
28:42
we take a walk outside and we
28:45
see businesses like a you know an old selling
28:49
cheese or selling meat or something and
28:51
we think how would we how would you revitalize
28:53
or how would you grow this business. It's just
28:55
this challenge that gives this challenge to each other and because
28:58
we're both in this world the other one can like okay I
29:00
would do this I would do this I would do this smart.
29:02
I don't even know what other couples talk
29:04
about but we are like we
29:06
do talk about series okay we just
29:09
finished our favorite series succession
29:11
and we talked about it all the time. Love it. But
29:13
the truth is that because
29:16
we
29:17
have the same interest to grow this
29:20
one business you know we have way
29:22
more things to talk about and it's more fun
29:24
you know to be in each other's company
29:27
and this game that we do we have been doing that for
29:30
quite a while already and this game of just looking
29:32
around and seeing how we would improve
29:35
how we would because sometimes we see a business
29:37
failure and you're like what could we have done
29:40
or how could we actually take advantage
29:42
of this network effect here
29:44
you know and we are all the time playing
29:46
this game and I see that this
29:47
is also what makes us because we
29:50
are we have side projects to
29:52
stage timer and we usually
29:55
get these ideas from these exercises
29:57
and these conversations so it's pretty cool.
30:01
One thing you said that's really underrated
30:03
is it's not merely that both of you
30:05
had a 10-year relationship
30:08
that you knew what it was like to
30:10
live together and to just
30:12
be together. It's that you also
30:15
started specifically, you did volunteering
30:17
work together. And so I think that one of the
30:19
things when it comes to working with friends,
30:22
working with family, and there being
30:24
tension that sometimes arises is because
30:26
you have totally different types of relationships
30:29
with people. And so you might be like, actually
30:31
speaking of friends, Cortland Vincent, a
30:33
friend of the pod and
30:36
a friend of both of ours, used to run this
30:38
company called CoderPad where he taught people
30:41
how to code and he taught his girlfriend
30:43
how to code. And according to him, I don't know
30:45
if I'm supposed to share this, but that ended
30:47
up being this huge transition
30:49
in their relationship and they ended up not working out
30:51
well. And I asked him for advice. I said,
30:54
hey, my girlfriend wants to learn how to code. Should
30:56
I teach her? She asked me advice for me. And he
30:58
just looked at me across the table and was like, yeah,
31:01
don't, don't do it
31:04
anyway. And that
31:07
was a useful conversation because I was like,
31:10
hey, Natalie, here's
31:12
what Vincent told me. We're going to put like a three
31:14
month window on this. And I kind
31:16
of like, you know, sort of created all of these caveats
31:19
and ended up working out well.
31:20
I got to say the other thing also
31:23
is that it's not like I was employed,
31:26
you know, and then Lucas convinced me to
31:28
become an entrepreneur. I think that's the other part.
31:31
Sometimes when I tweet about, you
31:33
know, how cool it is to be married to your co-founder,
31:36
people say, oh, how can I convince my
31:38
girlfriend?
31:39
And I think this is the problem. It's the same.
31:41
I think it was Elon Musk that threw
31:44
on an interview like recently
31:46
when he was like, ah, what would you say to
31:49
like incentive, to encourage a person
31:51
to become an entrepreneur? And he was like, no, if you
31:53
need encouragement, don't become because this doesn't
31:55
work. And I think it's the fault. You
31:58
need to convince your partner to do.
31:59
then it doesn't work. I've had businesses
32:02
of my own. I'm from Brazil, so my businesses
32:04
were in Brazil in the past. So
32:06
I'm not coming like, oh, let me give
32:08
this a try. And my husband convinced
32:11
me. And I think that's another important
32:13
point here is just that we already
32:15
had prior experiences working together. We
32:18
already had started things of
32:20
our own and together. So
32:23
we have been testing this concept for
32:25
quite a while and it
32:27
was fine. And I'm going to give
32:29
this credit here because I was working for a
32:31
startup and they kind of rolled down
32:33
and stopped this project that I was working on.
32:35
And they gave me a
32:36
few months extra pay to find a new job
32:39
or fine. And this kind of was the one that it
32:41
can give me, hey, you have this perfect opportunity
32:44
now to go full time on your own tool.
32:46
Right. It was very small. It didn't make a lot of money
32:48
back then. But I thought, you know what, I have a few
32:50
paid months now.
32:52
Let's use it. Let's do it. And
32:54
she was the one without her encouragement. I might have
32:56
not done it. And we might, you know, so this
32:58
is a good, good How long until you guys have
33:00
a bunch of kids and you're basically
33:03
the family on succession and you've
33:05
got kids fighting for your empire. That's
33:08
what then we talk so much about that,
33:10
funnily enough, the things that I never wanted
33:12
to, to actually have kids of my
33:15
own. So we had
33:17
to talk a lot about even, you know,
33:19
having kids of our own. I always wanted to adopt
33:22
and we keep postponing. So we having
33:24
married, as I said, for seven years. And he's
33:26
always like, yeah, I think in two years, we
33:28
can have you. And
33:31
we were supposed to start, you know,
33:33
like talking seriously now. And
33:35
we just talked last week, let's
33:37
give him another two years. And
33:39
we keep postponing. We do
33:42
want to approach it like a business,
33:44
to be honest. I think it wouldn't be any different
33:46
for us. I really hope
33:48
that we don't end up having four kids
33:51
like in succession because that's
33:52
where I love that show. Honestly, it's
33:54
like I'm, I don't show,
33:56
but yeah, loving the show and emulating
33:59
it to.
37:59
carbon scrubber, the photosynthesis crypto
38:02
miner, then I'm really, truly
38:04
wealthy. Don't get me wrong, I don't care for riches, I
38:07
just can't work for somebody else. New challenges will
38:09
get me out of bed in the morning. Getting rich is just
38:11
a side effect.
38:12
Follow me if you want to see me succeed or fail. I love
38:14
that. That's like the most badass tweet I read out
38:17
loud on the show. Every single part of it is
38:19
hilarious, fun, insightful. And you're kind of
38:21
doing it. I mean, you're like on the path. Do you
38:24
think Stagetimer is the one that gets you to $10 million
38:26
a year?
38:27
No, $1 million. I think $1 million is possible. And
38:30
I have the next one in the world. I mean, now
38:32
with AI, there's the whole four more
38:34
like, oh, should we do AI? It could
38:36
be potential. But I also believe
38:38
in the industry that we know now. And I believe we
38:41
can build a product in this industry that makes that
38:43
kind of money.
38:44
How do you get Stagetimer to $1 million?
38:46
Right now, you're at a little
38:49
over $8k a month. I think $1 million is like
38:51
the magic number. Every indie hacker knows $83,333 a month. That's $1 million.
38:55
So basically, you need 10x, which
38:58
is not crazy. That's
39:00
a realistic goal. One order of magnitude. You
39:02
got a plan to get there?
39:03
So we have a projection
39:06
in our Google Sheet. And
39:08
we say, okay, what was the growth
39:10
rates per month? And we apply them into the
39:13
future. And we basically hit the mark
39:15
this month by like $50. Wow.
39:18
Keep it heating and actually passing
39:20
the mark. And so
39:22
we have a quite predictable growth
39:25
right now.
39:26
So yeah, we shouldn't be
39:28
too far from that, actually. So yeah,
39:30
there is of course, there's a ceiling when you
39:32
do MRR, right? There is like you have your churn rate.
39:35
And eventually, because your churn rate applies on the entirety
39:38
of your customers, eventually your
39:40
churn rate will cancel out
39:41
your customers and your love. So we
39:43
thought, what can we do?
39:46
And one approach we will take is
39:49
go into like kind of an add-on and
39:53
enterprise style, right? So instead of you
39:55
just having it for yourself, we say, okay, you want
39:57
to share it with your team. So make an enterprise.
43:57
is
44:01
almost like a reaction to
44:03
that. It's like a way to solve that problem. It's
44:05
almost like you find ways to turn it
44:07
into a game. I almost call it gameful
44:09
design where you're always
44:12
finding something new to learn or you're finding something
44:14
new to master and
44:17
then to bring it back to Rupert
44:19
Murdoch. So I haven't watched Succession. I
44:21
haven't seen that show, but I
44:23
do have a book, kind of like a biography
44:26
I recommend that it's called the Murdoch Method, like
44:28
one of his 20-year-long advisors
44:31
or consultants kept enough of a distance
44:33
relationship with him that he didn't have to ask
44:35
permission to write down everything that he knew.
44:38
And one of the things that he says about Rupert Murdoch
44:40
is like, the way that he's reached that
44:42
third mountain of being this massive billionaire
44:44
with this huge media empire is
44:47
that he just fucking loves what he
44:49
does. Number
44:51
one, he's super competitive. They
44:53
said that he stalked the Wall Street Journal for
44:56
many years. He wanted the New
44:58
York Post. So he was like, I want
45:00
to beat the New York Times. And
45:02
that was a game in and of itself to him. He's
45:04
also just really, really curious. One of his
45:06
friends is like, no, he just knows, you
45:08
know, you'll never ever get the same topic with him.
45:11
And that's key to running a news empire.
45:14
And so I think that the sort of funny
45:16
catch-22 is that if you want to do something
45:19
where it's a like sustained run
45:21
and you're going to climb this huge mountain, it
45:24
almost has to be the case that you're not doing it so that
45:26
you can get to the top of the mountain. You're doing it like
45:29
to get there. You have to just really, really love
45:32
like these weird turnoffs and sort
45:34
of experiments and small
45:37
things that you master.
45:38
That's step one. And then step two is you have
45:41
to have absolutely no succession planning
45:43
for who your successor is going to be. And then encourage
45:45
your children to fight and compete to
45:48
be your successor, which
45:50
is exactly what Rupert Murdoch has done. And
45:52
you know, who also did that, Gangus Khan, and like
45:55
a whole group of other
45:56
crazy people throughout history. I don't know why that's
45:58
so common. I don't know why people do that.
45:59
And this is true for many inventors.
46:03
Edison, if you read a biography
46:05
of him, he loves inventing.
46:08
He sleeps in his workshop. He's
46:11
never at home. His wife
46:13
hates him for that, but he just loves
46:15
inventing. And I'm reading
46:18
right now a book about Da Vinci, Léodard
46:20
Da Vinci. Just finding out
46:23
things, like how does the human body work? How
46:25
does clothes flow? How do you paint
46:28
something? He's so far,
46:31
once he figured something out, he doesn't
46:33
want to finish his painting. There are so many unfinished paintings
46:35
of Léodard Da Vinci. Because as
46:37
soon as he finds out the method, as soon as he
46:39
figured out a painting, he gets boring
46:42
and he wants to do the next thing. You the original indie hacker who just
46:44
kept starting side projects and then never
46:46
launching them. You mentioned that,
46:48
Liz, he didn't convince
46:50
you, and you can't convince someone to do something like
46:52
this. And interestingly,
46:55
it's the Isaacson, the Walter
46:57
Isaacson biography of Da Vinci, right?
46:59
So I'm reading that too. And it's
47:01
so funny when you look at these,
47:04
pretty much anyone who's done things that people consider
47:06
them great for. I put people into
47:08
three buckets in terms of their relationship
47:10
to their work. You have, and it's by numbers,
47:12
you have the one tens, the 80 20s and
47:14
the 50 50s. 50 50 is
47:17
like, oh, we'll see how I feel about this thing. 80 20 is
47:20
the Pareto principle. It's like, ah, you know, how do I
47:22
be efficient? What's my ROI? How do I do the 20% of
47:25
the work that can get the 80% out? But all
47:27
these other people, the Murdoch's, you
47:30
know, the Da Vinci's, pretty much anyone that
47:32
you know who's doing something great, they're
47:34
the 110%. Right. The
47:37
funny thing about Da Vinci is he'd
47:39
paint landscapes and he would, you
47:42
know, sort of go and learn about a certain bird. And
47:45
he would always travel to
47:47
the location. He would like go cross
47:49
country and go visit the thing
47:51
when they had like atlases and they had images
47:53
like there's a way that he could study it. And he
47:55
very specifically, when someone questioned him, they were
47:58
like, why don't you just look at the, you know, why don't you just. the
48:00
encyclopedia on the thing. And he's like, you should
48:03
never read an encyclopedia when you can go
48:05
and see the thing in real life.
48:08
And almost certainly that's highly inefficient.
48:10
The return on investment, like
48:13
Courtland just mentioned, he had tons of wasted
48:15
images, but he was all in.
48:17
We actually appreciate a lot
48:20
this kind of mentality. And I
48:23
think it's this curiosity. One
48:25
thing that we always try to emulate is being curious.
48:28
When I read about the people that now
48:30
I admire after reading about their lives
48:32
and so on, is always these very
48:35
curious people. They never stop
48:37
asking questions. And we
48:39
have been trying to really become
48:42
more and more like this.
48:43
You two seem naturally curious. You seem naturally
48:45
interested. You seem naturally really excited
48:47
to be entrepreneurs. You're launching side projects. You're
48:49
growing your normal thing.
48:51
Hopefully we'll have you two back on when you
48:53
hit your million and you dollar your goal. When
48:55
you hit 10 million, you got 100 million. And then when you
48:57
got your own SpaceX. And you got two believers right here.
48:59
I think you're going to get there.
49:00
Can you tell listeners where they can go to find
49:03
out more about what's up to you with stage timer
49:05
and your other projects as well? So I
49:07
think the best way to follow is on Twitter. Yeah,
49:09
go comment Twitter at
49:12
underscore lherman one r
49:14
two n terrible name, but you'll find it probably
49:16
put in the show notes. Yeah. And
49:18
I think I am at least Herman
49:20
also. Perfect. Thanks again,
49:22
guys.
49:28
Bye.
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