Small Tech Business #13 - Being your own customer, One-man SaaS Tech Stack, Why you should podcast, Exploding Topics
Week of 12/7/2020
|Justin Chu||Dec 3, 2020|
Small Tech Business is a curated newsletter for people looking for inspiration and learning around starting their own small internet or technology business.
by Pierre de Wulf - Blog Post 📰 (7 min)
I’ve often preached how valuable it is to learn from other’s mistakes. Pierre provides some great learnings from his own failed startup and outlines how he has adjusted with his current successful business, ScrapingBee.
“When bootstrapping, time is both your friend and your enemy. It is your friend because you are owning your time and you can do whatever you want with it. It is also your enemy because this sense of ownership will often make you focus on futile things, and next thing you know, it’s been one year and you haven’t shipped a damn thing.”
by Arvid Kahl via The Bootstrapped Founder Podcast - Podcast 🎧 (19 min)
Arvid is back with some more thoughtful analysis from something he has a ton of experience with, being his own customer. This is a strategy I tend to do myself, so I found his insights extremely interesting.
by Anthony Simon - Blog Post 📰 (8 min)
Anthony covers all of the tools and technologies he uses as part of his analytics SaaS business, Panelbear. I always find it interesting to learn about other’s tech stacks and see if any of their tools apply for my projects.
“A couple of months ago I started working on yet another private analytics service, a project which has gone through numerous iterations, and I feel lucky that 400+ websites have already integrated with it, even though it's still in the early stages. “
by James McKinven via Indie Bites Podcast- Podcast 🎧 (15 min)
The sheer volume and popularity of podcasts has been growing rapidly for some time now. I found this interview very interesting because the guest, Mark Asquith, is certainly an expert with his podcast hosting business, Captivate.fm.
by Patrick Kennedy - Blog Post 📰 (4 min)
This piece gives some insightful data comparing the costs of running a high-traffic website via co-located servers (self-hosted) vs AWS reserved instances. Of course this is not a one-size fits all statement, but for Patrick’s use-case he has calculated over 40% savings by opting for self-hosting.
Small Tech Spotlight: Exploding Topics
🔗 Link: https://explodingtopics.com/
💰 Business Model: Free newsletter that leads to subscription for pro insights.
📦 Product: “We surface rapidly growing topics before they take off."
Exploding Topics was first started as Trennd by Josh. After a successful launch that reached #1 on HN, he struggled to monetize despite having solid usage and growth. Not long after, Trennd got acquired by Brian, founder of Backlinko.com. That subsequently lead to the rebranding to Exploding Topics as well as some prudent changes like hiring professional bloggers to improve the newsletter. Josh documented this journey with an excellent post that I recommend reading (📰 17 min).
I wanted to spotlight Exploding Topics because it is able to coexist with large SEO tools like Ahrefs by carving out a focused niche that doesn’t try to do too much. The free newsletter is so simple to grok, while also providing clear value - helping readers learn about hot trends. The premium product is just as simple - helping professionals get even more valuable, earlier insights on hot trends.
With a powerful tool like Ahrefs, it is very hard to imagine building a competitor. With a simpler, more focused product like Exploding Topics, you can target many of the same customers, but in a way that is easy to understand and less daunting to build.
In the News:
💉 US Department of Health detailed their Operation Warp Speed (OWS) goal to vaccinate 100 million people by the end of February
📱 Twitter rolled out their version of “Stories” with their new “Fleets” feature
Super Helpful Tweet of the Week:
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Written and curated by Justin Chu (@jstnchu)