Today, my little one-person business crossed $3M in revenue.

It took 1,187 days, I ran zero ads & operate at a 94% margin.

Here are the 20 steps of my wild & strange journey:

Hope it's helpful to someone.

[🧵 thread]

1/ Created lots of noise

When I was just getting started, I looked at attention as my friend.

I wrote content every day before I even had a business, just to find my voice.

I started on LinkedIn.

I shared my thoughts & observations about building a SaaS unicorn as the CRO.
2/ Honed in on signals

Inside all of that noise was some signals.

Sometimes I bombed, and sometimes I struck a chord.

The more I looked at what resonated, the more I doubled down.

This allowed me to understand what people cared about.

So, I kept writing & talking about it.
3/ Built a service business

My experience building SaaS was resonating. So I began creating more and more content about that.

Founders sent me DMs asking questions.

I responded to every single one.

Once I had prospects in my funnel, I started consulting.
4/ Found my ideal customers

Inside your customer base is more signals.

What are the commonalities between the customers you love & those who love you?

Mine were early-stage SMB SaaS in the healthcare space. A space I was experienced in & loved.

That became my ideal customer.
5/ 2x'ed my rates

With a well-defined niche, some happy customers, and testimonials, I 2x'ed my rates.

I started creating more content that was even more targeted. This led to more conversations with ideal-fit prospects.

I said no to any company outside of my niche.
6/ Reduced my time

With new rates, I could have worked the same and made 2x as much.

Instead, I chose to work 50% of the time and make the same.

I used that extra time to figure out how to scale income that was more automated.

My goal had always been to get my time back.
7/ Kept my eyes and ears open

Something really interesting happened.

In an attempt to find common problems to productize, I started rereading my LinkedIn DMs.

I had some repetitive questions about SaaS sales, but I also had an inbox jammed with questions about LinkedIn itself.
8/ Tested a hypothesis

I had organically grown to 20k+ followers on LinkedIn & people wanted to know more.

I had a hypothesis that this would be an easy info product I could create & sell.

I put together a short course for $50 (more on price later) & wrote posts about it.
9/ Made my first product $$

I put the product for sale on Gumroad on April 16th, 2020.

In the first month, I made $10,482.

I was shocked.

I now had my first digital product, but it was in a totally different niche than my service business.

Honestly, this confused me.
10/ Ran with it

Over the next 15 months, I sold about $75k of the course.

I posted about audience building on LinkedIn and found other ways to continue to land consulting clients. (VCs, news sites, blogs, SaaStr, etc)

Even though it felt confusing, I continued to run with it.
11/ Tripled down

After the course was outdated, people started asking for a new version.

I rebuilt the course, but this time charged $150.

The earlier $50 price was my "trust tripwire".

I charged $50, delivered 100x worth the price, and built trust w/ a loyal customer base.
12/ Marketed aggressively

With 100% of my LinkedIn content focused on audience growth, and a product directly related to that content, sales took off.

My previous course grossed $75k in 15 months.

The second version has grossed $186k in 3 months.

Next up...
13/ I began creating an army

At the halfway point of my course, people are encouraged to leave a testimonial and sign up for an affiliate program.

I built the same automation at the conclusion of the course.

I now have 800+ affiliates that have generated $110,000 in revenue.
14/ Built a community

As sales picked up, my interest in consulting faded.

I was doing $2k per day in info products and wanted to run with that.

I opened a private community for creators and charged $199.

Those who completed my course were prompted to join.
15/ Made a difficult decision

I loved my community but realized that it didn't work with my personality.

It was a $15k MRR business, but I felt like I had to be "on" 24/7.

That wasn't the life I wanted to build.

15 months after starting it, I made a decision to shut it down.
16/ Reinvested my time

With way more free time now, I decided to start Tweeting.

Using what I knew about growing on LinkedIn, I was able to hit 75k followers in about 6 months.

This provided a new channel to build more stuff.

So I did.
17/ Created a 2nd digital course

I was doing a podcast with @dickiebush and @nicolascole77 about how I built a system for writing content.

The 500+ people on the call seemed to be amazed by it.

That led to my 2nd course, The Content Operating System.
18/ Added MRR

I noticed that each week I was spending time creating content templates for myself.

What if my audience wanted those too?

I tested it as a $9 upsell on each course.

8 months later it has 1,700+ subscribers.

Almost $14k MRR from something I was already doing.
19/ Started a newsletter

In January of 2021, I launched my newsletter, The Saturday Solopreneur.

I was determined to deliver one piece of actionable advice each Saturday AM that could be read in 4 minutes or less.

In the last 11 months, I've grown it to 60k+ subs.
20/ Added sponsorships

With over 60k subs, I can charge for each issue to be sponsored.

I have 2 slots per issue, per week, that sell for $1,250.

Now each weekly newsletter is paying $2,500, and people are getting their brand and business in front of a ton of readers.
Finally, here's what my business revenue looks like:

Products: $1.54M
Consulting: $1.17M
Community: $130k
MRR: $84k
Sponsorships: $76k
A few last notes of potential interest:

1. I no longer do anything SaaS-related.

2. I don't do any paid advertising of any kind.

3. I don't have any employees, but I do have a wife that helps me stay very organized.
I'm not sure what's next yet, but I'll be sharing as I figure it out.

If this was helpful, feel free to give me a follow.

If you have any questions, ask away.

Happy to give out as many helpful tips as I can muster today.

Thanks for reading.
That's a wrap!

If you enjoyed this thread:

1. Follow me @thejustinwelsh for more of these
2. RT the tweet below to share this thread with your audience https://t.co/3nU9Ig5rpi

More from Justin Welsh

A Twitter audience is a massive asset.

I've added 37,196 followers in just 14 weeks.

Here are the 7 simple things I did:

🧵

1/ Built my publishing habit

In late October, I committed to publishing daily on Twitter.

I started with a "Happy {Day} to X" Tweet each AM.

I had 2 simple goals:

1. Build a habit of posting each day.
2. Put my name & face in front of people


2/ An educational tweet each PM

Each afternoon, I share a lesson from my solopreneur journey.

Topics include:

- Audience growth
- Service businesses
- Building info products
- Using social media effectively

I pretend I'm writing to help ONE


3/ A step-by-step thread once weekly

Weekly threads power my growth.

I gained thousands of followers by sharing detailed threads.

My goal is to walk someone step-by-step through something critical in


4/ Engage with 5-8 interesting people each week

Make it a habit to build connections.

Here are some smart folks I've chatted with, just to jam out:

@ecomchasedimond
@JamesonCamp
@Nicolascole77
@OneJKMolina
@TheDanKoe
@dickiebush
@landforce
@aaditsh

It's "social" media.
Most people suck at building relationships online.

It's always:

- Help me!
- Can I pick your brain?
- Will you like my Tweet?

A terrible approach.

Here's how the top accounts on Twitter build real relationships:

🧵

To start, trust me when I say this:

Your online network determines your level of success on platforms like Twitter, and largely in your business.

The bigger and stronger your network is, the more likely you are to be successful in whatever endeavor you choose.

Here's what you'll learn in this thread:

1. Creating a digital "first impression"
2. Using a value-driven approach
3. Combining specificity with support
4. Making relevant intros
5. Using DM's effectively
6. An example of this in action

Let's go ↓

Create a clear & compelling profile

To build strong relationships, you need to give people a reason to be interested in you.

Start with a clear and compelling profile.

This is your "digital first impression", just like a first impression


Your profile cheat sheet:

- Banner: Show off your brand
- Headshot: Clean and polished
- Bio: What are you doing & what can people expect?
- Pinned Tweet: Provide deeper context on your journey

Answer this: “What am I doing that's interesting enough for someone to follow me?”

More from Startup

You May Also Like

One of the most successful stock trader with special focus on cash stocks and who has a very creative mind to look out for opportunities in dark times

Covering one of the most unique set ups: Extended moves & Reversal plays

Time for a 🧵 to learn the above from @iManasArora

What qualifies for an extended move?

30-40% move in just 5-6 days is one example of extended move

How Manas used this info to book


Post that the plight of the


Example 2: Booking profits when the stock is extended from 10WMA

10WMA =


Another hack to identify extended move in a stock:

Too many green days!

Read
🌺कैसे बने गरुड़ भगवान विष्णु के वाहन और क्यों दो भागों में फटी होती है नागों की जिह्वा🌺

महर्षि कश्यप की तेरह पत्नियां थीं।लेकिन विनता व कद्रु नामक अपनी दो पत्नियों से उन्हे विशेष लगाव था।एक दिन महर्षि आनन्दभाव में बैठे थे कि तभी वे दोनों उनके समीप आकर उनके पैर दबाने लगी।


प्रसन्न होकर महर्षि कश्यप बोले,"मुझे तुम दोनों से विशेष लगाव है, इसलिए यदि तुम्हारी कोई विशेष इच्छा हो तो मुझे बताओ। मैं उसे अवश्य पूरा करूंगा ।"

कद्रू बोली,"स्वामी! मेरी इच्छा है कि मैं हज़ार पुत्रों की मां बनूंगी।"
विनता बोली,"स्वामी! मुझे केवल एक पुत्र की मां बनना है जो इतना बलवान हो की कद्रू के हज़ार पुत्रों पर भारी पड़े।"
महर्षि बोले,"शीघ्र ही मैं यज्ञ करूंगा और यज्ञ के उपरांत तुम दोनो की इच्छाएं अवश्य पूर्ण होंगी"।


महर्षि ने यज्ञ किया,विनता व कद्रू को आशीर्वाद देकर तपस्या करने चले गए। कुछ काल पश्चात कद्रू ने हज़ार अंडों से काले सर्पों को जन्म दिया व विनता ने एक अंडे से तेजस्वी बालक को जन्म दिया जिसका नाम गरूड़ रखा।जैसे जैसे समय बीता गरुड़ बलवान होता गया और कद्रू के पुत्रों पर भारी पड़ने लगा


परिणामस्वरूप दिन प्रतिदिन कद्रू व विनता के सम्बंधों में कटुता बढ़ती गयी।एकदिन जब दोनो भ्रमण कर रहीं थी तब कद्रू ने दूर खड़े सफेद घोड़े को देख कर कहा,"बता सकती हो विनता!दूर खड़ा वो घोड़ा किस रंग का है?"
विनता बोली,"सफेद रंग का"।
तो कद्रू बोली,"शर्त लगाती हो? इसकी पूँछ तो काली है"।
The entire discussion around Facebook’s disclosures of what happened in 2016 is very frustrating. No exec stopped any investigations, but there were a lot of heated discussions about what to publish and when.


In the spring and summer of 2016, as reported by the Times, activity we traced to GRU was reported to the FBI. This was the standard model of interaction companies used for nation-state attacks against likely US targeted.

In the Spring of 2017, after a deep dive into the Fake News phenomena, the security team wanted to publish an update that covered what we had learned. At this point, we didn’t have any advertising content or the big IRA cluster, but we did know about the GRU model.

This report when through dozens of edits as different equities were represented. I did not have any meetings with Sheryl on the paper, but I can’t speak to whether she was in the loop with my higher-ups.

In the end, the difficult question of attribution was settled by us pointing to the DNI report instead of saying Russia or GRU directly. In my pre-briefs with members of Congress, I made it clear that we believed this action was GRU.