Mike Carson spent years failing at project after project as a developer. Then he stopped trying to build a business and started working on something fun - catching expiring domain names. That accidental side project became a bootstrapped SaaS startup doing over $150,000 per month with zero marketing and no employees.
Park.io is a one person SaaS business generating $150K-$200K per month with 70% profit margins. Mike runs everything solo through automation - domain catching scripts, newsletters, auctions, and customer support. He deliberately chose not to hire a team, trading growth ceiling for happiness and control.
Mike Carson is a developer who tried multiple failed projects before Park.io. On the first day he put up a website, strangers found it through parked pages and placed orders. This bootstrapped startup was profitable from day one with zero promotion.
๐ฏ A bootstrapped SaaS startup can validate on day one: Park.io got paying orders on launch day with zero promotion - parked pages on caught domains served as the only discovery channel, proving immediate product-market fit.๐ฐ A solo founder SaaS can hit $150K/month with 70% margins: Mike runs Park.io without employees, using automation to handle domain catching, newsletters, and auction management while spending half his day on support.๐ง A bootstrapped SaaS startup starts with curiosity, not a plan: Mike spent years failing at projects designed to make money. Park.io succeeded because he built it purely out of curiosity about catching expiring domains.๐ ๏ธ Automate everything to run a bootstrapped SaaS startup solo: As a developer, Mike writes scripts for newsletters, social posts, domain management, and auction processes - reducing daily work to support and coding.๐ Compete by acquiring competitors, not just building features: When the IO registry changed management and new competitors emerged, Mike acquired a competitor to regain his technical advantage.IntroductionMike's background and what gets him out of bedYears of failed projects and frustrationHow the idea for Park.io startedBuilding scripts to catch expiring domainsLaunching the website in 2 weeksFirst paying customers on day oneParked pages as the only marketing channelRevenue growth from $5K to six figures per monthThe June 2016 revenue explosionIO domain popularity and market timingChoosing not to hire employeesGoing against conventional growth adviceA typical day as a bootstrapped SaaS startup ownerAutomation as the key to solo operationCompetition and the IO registry challengeAcquiring a competitor to regain advantageOther projects - File.io and blockchainLightning roundWhere to find Mike CarsonFull show notes: https://saasclub.io/170Join 5,000+ SaaS founders: https://saasclub.io/email