Starter Story

I make $40K/month with this one website | Starter Story

Oct 29, 2025
Angus Chang, the founder of Bank Statement Converter, transformed a personal need into a thriving micro-SaaS business that now earns $40K a month. He details how a simple one-feature website can flourish by identifying real-world problems. Angus emphasizes the importance of launching minimal products for quick validation and adopting a lean startup mentality. He shares his marketing experiments, insights on solo entrepreneurship, and technical challenges faced while building his platform. His journey offers invaluable advice for aspiring SaaS founders on focusing on genuine user needs.
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ANECDOTE

Built Solution From Personal Pain

  • Angus built the first version to solve his own need for multi-year transaction data in Excel and had to extract data from PDF bank statements.
  • He generalized the code, launched an MVP with a friend, bought Google ads, and immediately got uploads which validated demand.
ADVICE

Launch Fast With A Tiny MVP

  • Make an MVP as quickly as possible and get it in front of real users instead of over-validating before launch.
  • If you can build an MVP in one or two weeks, just launch and learn from actual usage.
ANECDOTE

From Console App To Live Product

  • Angus prototyped locally in Kotlin as a console app then generalized it to support other banks and added a Next.js UI built by a friend.
  • He hosted the frontend on Netlify and the backend on an AWS EC2 instance to deploy the product.
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