Five years. 60 months. That’s a long time to wait for a paycheque. Once Transistor hits $20,000 a month, that’s dependable, recurring revenue. With that kind of MRR, Transistor also becomes a valuable, saleable asset.
But at the beginning, before the product has proven itself, it’s all a big risk.
It’s easy to see why bootstrapped founders get stressed. It’s easy to see why many experience burnout and have to quit.
I found Justin’s calculations to be surprisingly conservative, but perhaps also level-headed.