-
Nico Jeannen
- Founder of Talknotes
- $200,000 sale price
- Published July 11, 2024 by Fardeen Khan
- Reviewed and edited by Niall Doherty
Remember Talknotes?
It’s an AI app that summarizes your voice notes 
We covered it last November…
“Unoriginal” because it was very similar to another app that earned $15,000 in its first month 
As noted back in November, the success of Talknotes showed that the market is often big enough to support multiple businesses doing pretty much the same thing.
Anyway, Nico Jeannen, the founder of Talknotes recently tweeted…
I just sold my startup Talknotes for $200,000 on @acquiredotcom
I launched it last August when I was looking for an idea I could grow with paid ads, and made a MVP in one week.
I took it from $0 to $7500 MRR in just 11 months.
Nico mainly grew it with Facebook ads and his MRR doubled in 2 months.
But…
In May, I had a bad burnout
Multiple bugs slipped into the app, and I had to spend 2 days fixing everything in an emergency while revenues plummeted.
This completely fucked me up mentally and had a hard time working on the app after that
So he decided to sell, and got his $200,000 pay day.
However 
all this might sound like an overnight success.
It is not
This is the result of 7 years of failure and working like a madman.
I launched over 40 projects in those 7 years, and most of them failed. But a few took off, and that’s all I needed
All those weeks working 15h/day without weekends and vacation feels soul-sucking when you don’t see the end, but this is what took me there
You only need to win once to snowball everything. Work hard, focus, fail a lot and keep shipping fast.
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