Make Lemonade
Make Lemonade

Make Lemonade

JR Farr, Lemon Squeezy

Overview
Episodes

Details

The show for creators, by creators. Helping inspire today's entrepreneurs to earn money from their own lemonade stand.

Recent Episodes

Indie acquisitions, platform risk and life after selling Tweet Hunter for 8-figures
JUN 27, 2024
Indie acquisitions, platform risk and life after selling Tweet Hunter for 8-figures

Today we’re joined by Tibo Louis-Lucas, who is most well known for starting Tweet Hunter and Taplio in 2021, before selling the company in 2022 for 8 figures. Since then, Tibo has gone on to acquire an AI video creation tool, Typeframes, which he spun Revid.ai, and Feather.so, a Notion blogging platform.

Timestamps

  • 00:00 Intro
  • 01:17 Leaving Lempire and starting from scratch
  • 03:00 Learning from failures
  • 05:29 Growing MRR with influencers
  • 13:38 How Tibo felt selling Tweet Hunter
  • 18:55 Why Tibo will never sell a project again
  • 25:14 Feeling paralysis after selling your startup
  • 27:36 How Tibo has approached acquiring products
  • 29:28 Have Tibo's acquisitions been a success?
  • 34:15 Why Tibo acquired another project for $250,000
  • 36:01 Did Tibo waste $250,000 on buying Feather?

As always thanks for being a listener of the Make Lemonade show. Hosted by @jrfarr & @jmckinven— brought to you by LemonSqueezy.com. 

If you're looking to sell digital products online, be sure to check out Lemon Squeezy or follow us on X @lmsqueezy.

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41 MIN
Lemon Squeezy CEO mid-year reflection: funding, features and football
JUN 20, 2024
Lemon Squeezy CEO mid-year reflection: funding, features and football

Today we’re doing a a behind the scenes episode with JR. We haven’t looked at what’s going on since December, so it’s about time I posed some questions to JR about everything from features to growth and more.

Links

Timestamps

  • 00:00 - Intro
  • 00:50 - Guess that guest quote
  • 06:02 - Reflecting on 1 year since rejecting venture capital
  • 07:57 - Marketing for Lemon Squeezy
  • 11:07 - JR embracing the hat-free life
  • 12:26 - New features launched
  • 14:26 - Do people still want or need merchant of record?
  • 18:38 - Lemon Squeezy JavaScript SDK package going gangbusters
  • 21:25 - Update on feature requests
  • 28:38 - Trends for sellers JR is seeing
  • 30:06 - Was Lemon Squeezy easier to build than Mojo?
  • 34:56 - JR's dream non-founder guest
  • 38:08 - Why JR hates soccer
  • 41:43 - How is life for the CEO of Lemon Squeezy

As always thanks for being a listener of the Make Lemonade show. Hosted by @jrfarr & @jmckinven— brought to you by LemonSqueezy.com. 

If you're looking to sell digital products online, be sure to check out Lemon Squeezy or follow us on X @lmsqueezy.

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42 MIN
Taking on Adobe with his bootstrapped tool, Screen Studio - Adam Pietrasiak
JUN 6, 2024
Taking on Adobe with his bootstrapped tool, Screen Studio - Adam Pietrasiak

Today we're joined by one of the most successful sellers on Lemon Squeezy, Adam Pietrasiak. Adam is the founder of Screen Studio, a beautiful tool for creating and editing screen recordings that he started at the end of 2022 and now has thousands of paying users. In this episode we talk about how Adam made $30k in his first month, his approach to creating a well-polished product, and why he's not planning to take VC funding any time soon.

Timestamps

  • 00:00 Intro
  • 00:47 Adam's background
  • 02:23 Learning from past failures
  • 05:20 Life building from Poland
  • 07:46 Screen Studio founding story
  • 10:25 Building without validating
  • 12:44 Building in a very competitive market
  • 18:44 Being a designer developer
  • 19:53 Making $30,000 in the first month
  • 25:18 Discovering marketing and growth channels
  • 27:50 Adam setting up a powerful affiliate programme
  • 34:23 How Adam designs in code
  • 37:10 VC funding or bootstrapping
  • 39:42 Monthly recurring vs single license pricing
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45 MIN
Building a $7m non-profit tech company - John O'Nolan
MAY 23, 2024
Building a $7m non-profit tech company - John O'Nolan

John O’Nolan is the founder of Ghost, an independent publishing platform. John sees Ghost as an experiment in doing the opposite of what every other tech company does. They haven’t raised VC, instead setting Ghost up as a non-profit that can never be bought or sold. The core product is open source, with a simple SaaS model to fund future development. John is opinionated and outspoken but with many views that are hard to argue, so I can’t wait to dive into some of those today.

Timestamps

  • 00:00 Intro
  • 00:48 From music to software
  • 01:50 The benefits of anonymity
  • 06:44 Launching Ghost as a non-profit
  • 14:26 Why launch on Kickstarter
  • 19:12 Is the longevity of blogging susprising?
  • 22:25 What companies is venture capital right for?
  • 23:40 Should more companies follow the non profit model?
  • 25:50 John's approach to making great products
  • 27:45 How John views competition
  • 29:41 How do they ship at Ghost
  • 36:38 The fediverse and ActivityPub
  • 42:15 John's favourite newsletters
  • 43:41 John's hobbies

As always thanks for being a listener of the Make Lemonade show. Hosted by @jrfarr & @jmckinven— brought to you by LemonSqueezy.com. 

If you're looking to sell digital products online, be sure to check out Lemon Squeezy or follow us on Twitter @lmsqueezy.

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48 MIN
Building a calm company with a strong financial engine - Justin Jackson
MAY 16, 2024
Building a calm company with a strong financial engine - Justin Jackson

Justin is the co-founder of Transistor.fm, a podcast hosting platform that hosts over 27,000 podcasts. Justin has bootstrapped the business since 2018 and has used it to build a better life for himself and his employees.

Justin was on the pod back in January and we ended feeling like there was left with lots more to discuss, particularly Justin’s thoughts on building a Calm Company and what he plans to do with his life and money.

Timestamps

  • 00:00 Intro
  • 01:40 Having the #1 podcast in the world on Transistor
  • 04:24 Why Acquired is such a top class podcast
  • 08:22 Justin's financial engine metaphor
  • 16:44 Why the market is so important
  • 18:30 Calm companies
  • 27:41 How much the market impacts success
  • 32:03 Justin's family business experiment
  • 41:07 How Justin approaches investing

As always thanks for being a listener of the Make Lemonade show. Hosted by @jrfarr & @jmckinven— brought to you by LemonSqueezy.com. 

If you're looking to sell digital products online, be sure to check out Lemon Squeezy or follow us on Twitter @lmsqueezy.

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47 MIN