from @levelsio | by @levelsio

Ultra High Net Worth Individual (UHNWI) is >$30M in assets In 2023 a typical SaaS multiple is 7-10x Let's be optimistic @ 10x $30M / 10x = $3M/y So $3M/y as an indie makes you ultra high net worth already $3M/y is "just" 2500 customers paying $100/mo, not easy but doable

UHNWI makes you 0.26% of world population So that's potentially within reach for indie makers with just 1000 customers @ $250/mo Adding 1 customers per day with no churn you reach that in 3 years!

Just trying to flip the narrative that indie makers are lifestyle business low lives, actually many of them are and soon will be UHNWI first on paper and later in cash

Biggest benefit of indie is many are forced to automate instead of hire, so they're often extremely high margin businesses like 90% profit margin Regular biz is 10-30% profit margin

Sources t.co/zHG52VZEzJ t.co/lWPda0j4Y0