Nicolas

Bootstrap Money - How much money can you make selling software?

Bootstrap.money’s goal is to help entrepreneurs (like you) estimate their annual income. We also provide weekly digests of the best resources to start a "bootstrapped" business.

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Primer
Agree with @raynes_cc this in no way merits a website of its own; apart from being a very simple calculation that you could do in your head, it also misses out basic costs such as payment processing fees, and is therefore misleading.
Nicolas
@raynes_cc @mickc79 Hi Mick, Thanks for pointing this out. I've updated the description to reflects that this tool doesn't take into account operational costs 🙂 What costs would you add to the calculation beside payment processing?
Primer
@raynes_cc @ndethore Hi, it’s difficult to generalise as every setup will be different. But in my own model for this which I built in a spreadsheet I account for processing costs, currency conversion, my particular hosting costs, my adwords and advertising budget and I’m sure some other things. As I said, not easy to generalise.
Jn
@raynes_cc @mickc79 No, that's not fair. Sure, I won't be including the numbers on a pitch deck but it's a fun little tool that makes it quick and easy to see 'what if' scenarios. I think this is perfect for what OP is trying to accomplish - to get signups for his newsletter. Good job @ndethore!
Ghost Kitty
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Nicolas
@highaced @raynes_cc I've added payment processing fees to the calculation ;) I can imagine this won't replace your amazing excel spreadsheet but hope it makes more sense to you now.
Matt Holsinger
There used to be a site that calculated annual revenue estimates and it looked a lot like this –– "how much do you stand to make" or something like that. If I recall, their fill-in-the-blank & dropdown was along the lines of "I will sell a [one time | recurring] product or service to _____ people charging $____ [annually | monthly] using [PayPal | Stripe | etc.]." There may have even been a table at the bottom that compared all of the different payment processors and their fees.
Nicolas
@mattholsinger Oh wow! Got this idea after talking to friend and searching for natural language processing uis on Dribble... Looks like i'm not the only one digging this type of UX 😅 Do you still have the url of the website? Comparing payment processor fees is genius 💯
Matt Holsinger
@ndethore I wish I could remember; sorry...can't even find a cached version.
Amarneethi Ranganathan
@mattholsinger @ndethore you can create such calculators quite easily using Outgrow.co. There is fill in the blank type template that they have. U can find a sample here: https://website.outgrow.us/What-...
Hamish Macpherson
@mattholsinger You're probably thinking of my app "Stand to Make". It used to be up at http://standtomake.com but had a hosting mixup so it's been down for longer than I'd like to admit. 🙈 I'll work on getting it up again and reply here (it's woefully out of date, so an update is coming sometime soon too!)
Steve RAFFNER
Good hook - mysterious enough to get me in
Ghost Kitty
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Nicolas
@raynes_cc Hey Andrew, Thanks for you comment. I honestly didn't expect this week-end project to be picked up 😅 I thought about adding basic marketing variable (like Churn, Open Rate, Conversion Rate and more) to show how they affect gross income... Would that be useful to you?
Nino
@raynes_cc @ndethore Quite useful.
Chad Fullerton

Way better option by Hamish (@hamstu) at http://www.standtomake.com check that one out! :) Hopefully @ndethore gets inspired by that one to add some of those features to his. Lots of potential with this!

Pros:

Simple UI

Cons:

Too simple.

Doesn't factor in a lot of other important factors such as payment processor fees.

Doesn't show detailed number breakdowns.

Nicolas
Hey Chad, Thanks for your feedback 🙌 You're right. Payment processor fees are an important parameter and i've added them to the calculation. Hope you like it 😺
Landon Wilson
@ndethore Quick turn around on that feedback! Love it!
Adam DePasqua
This is really great for someone who hates math.
Piotr Szkiecin
Selling a service for $9.999100000000098e+23 per month to customers via Stripe generates $NaN /year :))
Anthony Da Mota
You just got my email, congrats (Ou plutôt, bravo 🇫🇷😄)
Nicolas
@akdm_ Thanks Anthony!
Mike Ritchie
@akdm_ Here's a simple Google Sheet I use which I think is more helpful than the site. Change the inputs in yellow on the right (you'll need to make a copy first). This is a weekly forecast, but would be easy to convert to monthly if you preferred that. The expenses are probably the hardest part to get right in here. May be best you insert a custom formula or hard code it based on your plans. https://docs.google.com/spreadsh...
Adonis Bou Chakra
Thanks for your product! I would suggest removing the "/year" if "product" is selected
Tim Shnaider
The product that gets 500+ up votes and makes you question the meaningfulness of votes for every product ever hunted before on PH.
Chad Fullerton
A nice clean site @ndethore. Needs to have a lot more info to make it really helpful though. Check out http://www.standtomake.com by Hamish (@hamstu) he had an original service that did this which he launched years ago (I think over 4 yrs back?) which is still the best calculator I've seen for this sort of thing :) ...Hamish is also working on a new version of it which I can't wait to see! Hopefully you'll get inspired by that one to add some of those features. Lots of potential with this! I would also love to see you add the ability to make pricing plans/packages, to compare as well. Like SaaS calc has. https://www.csabakissi.com/saasc...
Roger Stach

Useful. Really Useful.

Pros:

I think this app wasn't created for the management, this app was created for future CEO's to know how much their startup is going to make.

Cons:

You're easy to duplicate. You're like Trello. Make a feature that doesn't let people duplicate it.

Jeff Whitlock

The product does an extremely simple calculation that one can do with a calculator, napkin, or spreadsheet just as easy.

Pros:

Clean design.

Cons:

Way too simple. Not much value add.

Michael K. Alade

Nice work

Pros:

Nice calculations

Cons:

- I would need to see the monthly amount

- There is a bug if I set the number of customers to 0, I still the amount total amount

Franco Correa

It could calculate the payment processor fees at least, but it doesn't.

Pros:

Nice UI

Cons:

Does not add much value, simple calculations.

Nicolas
Hi Franco, Thanks for you feedback. I've added payment processor fees ;)
Thoma Daneau

This tools is not a real tool with useful informations to make a difference on

Pros:

Looks good and an easy to use UI

Cons:

Doesn't do much than an Excel sheet

Gary Houbre

We need more condition and/or can adding new entry for calculate.

Pros:

Good UI

Cons:

Too Simple Calculate

Tyler Willis
I like it, dude. Simple is good.
Matthew Eierman
Template gives easy projections or new services/offerings
Thallyson Dias

is very interessant. give you an idea of how much you can earn.

It could have more variables.

Pros:

nice ui

Cons:

none

Ghost Kitty
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