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10er

by Mikkel Malmberg@mikkerLaunched 2014-12via Failory

Mikkel Malmberg built 10er as a Danish alternative to Patreon for podcast creators, starting with his own comedy podcast. The platform grew to over 136 projects through word-of-mouth among podcasters and reached nearly $2,000/month in recurring revenue while being run as a side project alongside his full-time job at Elastic.

Key Takeaways

  • Used word of mouth as primary growth channel
  • Got first customer via Launched through his own podcast where he already had a target audience
  • Most effective channel: Word of mouth through podcasters who listen to other podcasts using the service
  • Monetizes with subscription pricing
  • Currently earning $2k/mo
  • Built initial product in 1 month

Revenue

Current MRR$2k
Pricing Modelsubscription

Traction

First Customer ChannelLaunched through his own podcast where he already had a target audience
Most Effective ChannelWord of mouth through podcasters who listen to other podcasts using the service
Outreach MethodPersonal platform (podcast) and word of mouth between creators
Traction Patternword-of-mouth

Tech

Dev Duration1 month
Tools Used
Stripe

Why They Built It

Built it to solve his own problem of collecting recurring donations for his podcast, as Patreon seemed like too much of a hassle with too many requirements.

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