Angus Cheng developed Bank Statement Converter (BSC), a software that extracts transaction data from PDF bank statements. This tool, designed for accountants and small business owners, generates $12,500 in monthly recurring revenue. Cheng, a seasoned programmer, built BSC after encountering challenges in analyzing his personal finances. The software’s initial development and launch were straightforward, with a focus on minimal viable product and user feedback. BSC grew through a combination of cost-effective marketing strategies and continuous improvements, leading to a substantial increase in revenue and a diverse user base.

Kerim Al-Lami co-founded Revolution Design, a design subscription service catering to tech companies, offering top-tier design solutions at a flat monthly rate. They started in January 2023 and have grown to a revenue of $20K/month while still in beta. The company addresses the inefficiencies of the traditional hourly billing model in the design industry.