Indie Hackers
#283 – Making $8k/mo Targeting $100M/yr with Lukas and Liz Hermann of StageTimer.io
Jun 15, 2023
Lukas and Liz Hermann, co-founders of StageTimer.io, share their entrepreneurial journey from traditional jobs to creating a thriving presentation timer app. They discuss turning a simple idea into $8k/month and outline their ambitious goal of reaching $100M/yr. The couple humorously navigates the challenges of naming bots and balancing their marriage with business. They emphasize the value of user feedback and organic growth, while illustrating how addressing real-world needs can lead to successful ventures in niche markets.
49:45
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Quick takeaways
- Even seemingly simple tools can find success in niche markets.
- Exploring untapped potential in traditional industries can lead to innovation and improvement.
Deep dives
Lucas and Liz Herman run a successful company together
Lucas and Liz Herman are a husband and wife team who run a successful company together. They have developed an app called stage timer.io which is a simple tool that helps speakers keep track of their presentation time. Despite its simplicity, the app has generated a monthly revenue of $8,000 and is steadily growing. Lucas, who used to work as a software engineer, decided to quit his job and focus on their app full-time. They are ambitious and have big goals for their company, aiming to reach $10 million in revenue and build a marketable product. They are constantly experimenting and seeking new opportunities for growth.
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