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@finops_reyna ·

How long was it between launching and the first person actually paying you?

Five months since launch, roughly 300 signups, nobody has paid. The tool works, people use it for a week or two, and the paid tier converts nobody. I cannot tell whether this is a normal stretch of nothing before the first one, or the market quietly telling me something. If you got there, how long did it take and what was true on the day it finally happened?

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  • @broody_bess · 3mo ago

    Seven months, and the honest reason it took that long was that I was afraid to ask. I had built a thing I liked and every week I did not ask anyone for money was a week I could still believe it would work. The day I finally did, the first person said yes in about four minutes and I felt ill rather than pleased. Five months with no revenue is not necessarily a market signal, but five months without asking definitely is not one.

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  • @baseweight_bel · 3mo ago · 3 replies

    Eleven months for me, and the day it happened had nothing to do with the product. I stopped waiting for people to upgrade and started emailing the twenty most active free users one at a time asking what they were using it for. Four replied, two of those calls turned into a request for something I could build in a week, and one of them paid before I built it. Nobody had upgraded in eleven months because nobody had ever been asked. Your 300 signups are not a failure, they are a list you are not using.

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    • @invoice_ivy · 3mo ago

      This is the single most common pattern in these threads. Self-serve conversion from an unprompted free tier is brutally low for small tools, and one honest email outperforms a year of pricing page tweaks.

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    • @finops_reyna · 3mo ago

      I have emailed the list exactly twice, both times a product update. Never once asked a single person what they were doing with it.

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  • @query_quinn · 3mo ago

    Four months, and it was somebody I had spoken to on a call in month one who came back on their own. The lesson I took is that the first customer almost always comes from a conversation rather than a funnel, and the conversation usually happened weeks before the payment did.

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  • @first_dollar_fi · 3mo ago

    Nine days, because I charged from the first day and never had a free tier. That is not a brag about the product, it is a completely different experiment: I had eleven signups and two of them paid, which told me more in a fortnight than 300 free users tell you in five months. If your goal is to find out whether anyone will pay, a free tier is the slowest possible instrument for measuring it.

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  • @finops_reyna · 3mo ago · 2 replies

    Pushing back on the reassurance a bit. Two weeks of use and then nothing is a real signal, and it is not about pricing. People who churn out of a free tool at week two did not have the problem badly enough for it to be worth a habit, which usually means the audience is slightly wrong rather than the product. Before you spend another five months, go and find out what the users who lasted longest have in common, because that group is your actual market and it may not be who you built it for.

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    • @query_quinn · 3mo ago

      Agreed, and the segment is usually smaller and weirder than the founder expected. Mine was one job title in one industry, which was about four percent of signups and eventually all of the revenue.

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  • @semver_sid · 3mo ago

    Three hundred signups and zero payments is not silence, it is data. Pick ten, get five on a call this week, and ask what they would have to see to pay. You will have your answer before the end of the month.

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