Typeshare's $34k MRR bootstrapped journey - Sam Shore
Mar 5, 2025
auto_awesome
Sam Shore, co-founder of Typeshare, shares his entrepreneurial journey, highlighting his ambitious goal of launching 12 startups. He reflects on the lessons learned from his past failures and the strategic partnerships that drove Typeshare to $34k in monthly recurring revenue. Sam discusses the importance of enjoying the entrepreneurial process and balancing growth with happiness. He also provides insights into improving online writing skills and offers valuable resources for aspiring writers.
Partnering with established creators can significantly boost visibility and market reach for new businesses like Typeshare.
The agile approach of launching multiple startups allows for quick market validation, helping entrepreneurs refine ideas based on immediate feedback.
Deep dives
Building a Successful Partnership
Partnering with established creators can significantly enhance visibility and market reach for emerging businesses. Collaborating with individuals who have a pre-existing audience allows entrepreneurs to focus on their strengths, such as product development, instead of getting bogged down by marketing challenges. For instance, the co-founder of TypeShare, despite initially feeling that sharing equity was a loss, realized immense value was gained through partnerships that amplified exposure. This strategic decision helped propel the business to substantial revenue milestones that would have been unattainable without such collaboration.
Embracing Rapid Prototyping
The concept of launching multiple startups rapidly, as practiced by the co-founder of TypeShare, encourages an agile approach to entrepreneurship. By committing to launch twelve startups in twelve months, the entrepreneur shifted focus from long-term development to quick market validation. This method allowed him to gauge interest and viability for business ideas with minimal initial investment. For TypeShare, this meant creating an MVP quickly and soliciting pre-orders even before the full product was developed, illustrating the importance of immediate feedback in shaping a successful venture.
Overcoming Growth Challenges
As TypeShare experienced growth, the co-founder encountered challenges associated with maintaining and expanding monthly recurring revenue (MRR). Recognizing the impact of customer churn, he implemented strategic pricing changes to foster long-term customer engagement and upfront revenue. By introducing a more attractive annual subscription model, the business was able to capture lifetime value sooner while reducing churn impact. This proactive approach demonstrates the need to adapt to evolving business landscapes and customer needs to sustain growth.
Sam Shore is the co-founder of Typeshare, a writing platform made to create and publish text across the internet. Typeshare has made over $1m in revenue since it was started in 2021, with over 80,000 user, currently $34k MRR I’m speaking to Sam to find out how he started Typeshare as the first of 12 startups he was planning to build, and what made this stick.
00:00 Intro
01:10 Sam's entrepreneurial background
02:03 Failed past projects
03:31 12 startups in 12 months
04:16 The idea for Typeshare
05:38 Getting traction with Typeshare
06:50 Getting to $15k MRR in 1 year with infuential partnerships
09:52 How is Sam making sure he has fun with the business
EmailOctopus is an independently owned email marketing platform, built to support other small growing businesses. With a focus on affordability and ease of use, EmailOctopus contains all of the features you need to reach and grow your audience. You can start today, with their industry leading free plan where you can contact up to 2,500 subscribers without paying a penny.
Get the Snipd podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share & Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode