Indie Hackers53mPodcast

#016 – Building a $1 Million Business Solo with Mike Perham of Sidekiq

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Synopsis

Mike Perham, creator of the open-source Sidekiq background-job library for Ruby, turned his side project into a solo business that grew to roughly $80,000/month in recurring revenue without ever hiring an employee. The episode walks through how a developer-tooling side project can scale into a million-dollar business run by one person.

Ideas in this episode

  • Open-source SaaS with paid hosted tiers

    Mike Perham explains how Sidekiq, an open-source Ruby background-job library, became a paid hosted product that grew to about $80,000/month in solo-run recurring revenue.

  • Bootstrapped micro-SaaS portfolio

    Mike Perham walks through how his open-source Ruby background-job library Sidekiq became a solo business doing roughly $80,000/month in recurring revenue without ever hiring, a textbook micro-SaaS arc.