|
| 1 | +--- |
| 2 | +title: My GPT Wrapper Makes $550 MRR One Year After Launch |
| 3 | +date: 2024-12-16 |
| 4 | +tags: |
| 5 | + - gpt |
| 6 | + - saas |
| 7 | + - sideproject |
| 8 | + - indiehacker |
| 9 | +authors: vince |
| 10 | +--- |
| 11 | + |
| 12 | +import { Image } from 'astro:assets'; |
| 13 | +import Tweet from '../../../components/Tweet.astro'; |
| 14 | +import landingPage from '../../../assets/cover-letter-gpt/coverlettergpt.webp'; |
| 15 | +import mrrGraph from '../../../assets/cover-letter-gpt/mrr-graph.webp'; |
| 16 | +import StarOpenSaaSCTA from '../../../components/StarOpenSaaSCTA.astro'; |
| 17 | +import redditPost from '../../../assets/cover-letter-gpt/coverlettergpt-reddit.png'; |
| 18 | + |
| 19 | +Hey builders, |
| 20 | + |
| 21 | +I wanted to share my journey building a micro-SaaS, [CoverLetterGPT](https://coverlettergpt.xyz/), which now earns **$550/month in recurring revenue (MRR)**—all while requiring **minimal effort and maintenance**. Here's how I did it and why I believe small, simple SaaS apps are an underrated way to start as an indie maker. |
| 22 | +<Tweet id="1863553258586820976" /> |
| 23 | + |
| 24 | +### Quick Stats: |
| 25 | + |
| 26 | +- **Built in 1 week** |
| 27 | + - using [Wasp](https://wasp-lang.dev/), a React, NodeJS, & Prisma framework |
| 28 | + - and [Chakra UI](https://chakra-ui.com/) for the design system. |
| 29 | +- **Runs on autopilot** |
| 30 | +- **~$550 MRR** after one year |
| 31 | +- Minimal customer support—only **3 Stripe disputes** to date |
| 32 | +- Costs **~$15/month** to operate (hosting + OpenAI API fees) |
| 33 | +- Deployed on [Railway](https://railway.app/) & [Netlify](https://netlify.com/) |
| 34 | + |
| 35 | +--- |
| 36 | + |
| 37 | +BTW, I built [Open SaaS](https://opensaas.sh), the free, open-source SaaS template based on what I learned from building and launching CoverLetterGPT. |
| 38 | + |
| 39 | +Because Open SaaS is a community-driven project, it also benefits from community feedback and contributions, so it boasts a clean codebase and a ton of useful features. Check it out and give us a star! We're always improving it. |
| 40 | + |
| 41 | +<StarOpenSaaSCTA /> |
| 42 | + |
| 43 | +### Small Wins Are Worth It |
| 44 | + |
| 45 | +Many developers think a SaaS has to be big, flashy, or wildly profitable to be worth building. I disagree. For me: |
| 46 | + |
| 47 | +- $550/month is fantastic as side income. |
| 48 | +- It runs itself, requiring virtually no maintenance. |
| 49 | +- I can balance it easily alongside my full-time job. |
| 50 | +- It's fun and doesn't consume my free time. |
| 51 | + |
| 52 | +<Image src={mrrGraph} alt="CoverLetterGPT MRR Graph" /> |
| 53 | + |
| 54 | +Here's why I think you should aim for small, achievable SaaS projects instead of trying to “hit it big” from the start. |
| 55 | + |
| 56 | +### Build & Launch Fast |
| 57 | + |
| 58 | +<Image src={redditPost} alt="CoverLetterGPT Reddit Post" /> |
| 59 | + |
| 60 | +The most important lesson I've learned: **speed is everything.** The faster you launch, the faster you'll know if your idea works. Here's what worked for me: |
| 61 | + |
| 62 | +1. **Avoid long, drawn-out failures:** Build small, execute early. |
| 63 | +2. **Use the fastest tools available:** I used [Wasp](https://wasp-lang.dev/) because it gives me all the building blocks already set up (auth, database, cron jobs, email sending), letting me focus on the business logic of the app. Paired with [Chakra UI](https://chakra-ui.com/), I was able to build the app in about 1 week. |
| 64 | +3. **Forget perfection:** I didn't worry about making it pretty or perfect—it just had to work. |
| 65 | + |
| 66 | +### Keep It Simple |
| 67 | + |
| 68 | +The beauty of micro-SaaS is in its simplicity. Here's why: |
| 69 | + |
| 70 | +- My app does **one thing well**: generating cover letters based on résumés and job descriptions. |
| 71 | +- There's no need for a fancy landing page or marketing gimmicks. This is my 🌶 hot take. |
| 72 | +- Users get **3 trial credits**—enough to try the app and see value before paying. |
| 73 | + |
| 74 | +<Image src={landingPage} alt="CoverLetterGPT landing page" /> |
| 75 | + |
| 76 | +One of the biggest perks of micro-SaaS is how low-maintenance it can be. With CoverLetterGPT, I rarely handle customer service thanks to its simplicity. |
| 77 | + |
| 78 | +This means I spend my time on **new ideas** rather than maintaining old ones. |
| 79 | + |
| 80 | +### It's All About Tradeoffs |
| 81 | + |
| 82 | +While I could optimize and grow CoverLetterGPT further, I've chosen to keep it small and simple. For me: |
| 83 | + |
| 84 | +- **Small wins** are still wins. |
| 85 | +- I value having a side project that's easy to manage alongside my full-time job. |
| 86 | +- I'd rather have **less stress** than chase higher profits. |
| 87 | + |
| 88 | +### Links & Resources |
| 89 | + |
| 90 | +If you're thinking about launching your own SaaS, here are some helpful resources: |
| 91 | + |
| 92 | +- 👨💻 [CoverLetterGPT (Live App)](https://coverlettergpt.xyz/) |
| 93 | +- 💸 [Open-Source SaaS Template](https://github.com/wasp-lang/open-saas) |
| 94 | +- 🛠️ [Framework: Wasp](https://wasp-lang.dev/) |
| 95 | +- ✨ [UI Components: Chakra UI](https://chakra-ui.com/) |
| 96 | +- 🛠️ [Hosting: Railway](https://railway.app/) & [Netlify](https://netlify.com/) |
| 97 | +- ✍️ [My Original Reddit Post](https://www.reddit.com/r/SideProject/comments/1h4t8vk/my_saas_only_makes_550_a_month_and_i_think_thats/) |
| 98 | + |
| 99 | +### Final Thoughts |
| 100 | + |
| 101 | +If you're considering building a SaaS, **don't overthink it.** Start small, move fast, and treat it as an experiment. Forget the “rules” and focus on launching. Here's what matters most: |
| 102 | + |
| 103 | +- Keep it simple: Build an app that solves one problem well. |
| 104 | +- Launch fast: Test your idea and iterate based on real feedback. |
| 105 | +- Minimize effort: Aim for maximum reward with minimal maintenance. |
| 106 | + |
| 107 | +For me, **$550 MRR** isn't just “enough”—it's amazing. It's proof that small, focused apps can succeed, and they're a great way to build confidence and skills as a maker. |
| 108 | + |
| 109 | +## Let's stay in touch! |
| 110 | + |
| 111 | +If you found this helpful, check me out on [Twitter](https://x.com/hot_town/status/1863553258586820976) where I like to build in public and share what I'm learning and building. |
| 112 | + |
| 113 | +--- |
| 114 | + |
| 115 | +<StarOpenSaaSCTA trailingText="and support tools that help you build fast!" /> |
0 commit comments