- Inside The Build
- Building in Public Update - August 2023
Building in Public Update - August 2023
Welcome to another month of Inside the Build.
I’ll be sharing insights on business and design, along with real-world experiences of building businesses from the ground up.
If you’re new here, I started Eight Parallel with Max - it's a holding company building apps for no-code experts.
To build up working capital and cover our costs, we’re freelancing for two clients. We’re designing apps, advising on product strategy, and building a marketing site in Webflow.
Still at 26K MRR - no major changes, but you can read more about it in the previous post.
A quick retrospective on this:
We’re expecting some churn in the coming month when we’re wrapped up with one of our clients.
We’ve been debating on whether or not we should double down and start an agency to build up our working capital or keep building our products.
We’re probably 1-2 years away from being able to cover our runway with just a portfolio of our products.
If we scale → we need more clients.
More clients → more people to manage.
Not sure if this is something I'm ready to do yet since I’ve been doing this for a hot minute.
Let’s dive into Humblytics.
Solid, productive month.
Here’s a TLDR on what we did:
Implemented a new user interface and UX enhancements.
Partnered with Webflow on their app store launch.
Made continuous improvements to the app’s overall functionality, including adding more charts, enhancing tracking, and implementing form conversion rate tracking.
Acquired 3 new active paying subscribers, while 1 customer churned.
If you’re curious, here’s what our monthly spend looks like so far:
G Suite: $10/month
Webflow Hosting: $42/month
Server and DB Hosting (Assuming 4.5M views + clicks/month): We incurred an approximate cost of $135 to ensure seamless operations.
The successful launch of our app into the Webflow store was important for us. It brought in a lot of users and connected sites. The challenge now is converting free users into paying customers.
We have discontinued Ally. The manual distribution of a Slack app proved to be more challenging than anticipated, and the effort did not justify the long-term outcome.
No Code Jobs
I have not been able to allocate the attention and time No Code Jobs deserves. I'm disappointed for not following through on my previous commitments.
Until next time,