I got featured (again) on Indie Hackers!
Rich Watson
33 replies
After adding my product NVSTly: Social Investing to Indiehackers.com some time ago, they reached out and wanted to interview me about the product, which also got featured.
They reached out shortly after again to do an interview with this time the focus primarily on myself, how I make my income, etc. So I was happy to oblige.
Feel free to check it out here https://www.indiehackers.com/post/34-year-old-finds-financial-freedom-through-day-trading-and-uses-it-to-build-a-10k-mo-fintech-product-PujthWlU8L3nS4mz2GSc
And ask me anything that can also help get your product featured on Indie Hackers.
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How did they first reach out to you?
@rick_mason3 After adding NVSTly as a product on their website and showing our monthly revenue, I received an email from one of their writers asking to do an article about the product. Of course I said yes. Not long after it was published he asked if I'd like to do a more personal interview, which is this one that has just been published.
sweet! was a good read too
Very cool, I enjoyed the read too Rich!
I see you are always killing it rich! Been a long time member of the trading community too
happy for ya my man!!!
Damn congrats bro was a W read too ngl
Woah!! Thats great rich!!!
Hey Rich, your journey from day trading to building a $10k/month fintech product is inspiring. Obviously you put in a lot of hard work and smart strategies.
How did you manage the risks involved in day trading, and what advice would you give to someone just starting out?
@naomigarcia For someone wanting to start out I always recommend to first paper trade or demo trade, aka simulated trading. Then learn and practice a strategy through paper trading, once you're profitable you'll be confident to using your actual capital.
To minimize my losses I set a few rules for myself.
- Take profits when I can, I close half my position at 10% gains, then 80% left of my position at 20% gains, and set a stop loss on the last bit of my position above my break even mark- so even if price drops back down I'm still closing for profits, and if price keeps running I can grab those additional profits.
- Never enter a position to make up for a loss, have a reason for each one. Use your technical analysis to help make the decision on that reason.
- A rule of thumb is never to use more than 2% of your balance on a single position- I personally will use up to 10%.
Hey @richw, that's fantastic news! 😄 Congratulations on getting featured again on Indie Hackers! It must feel amazing to see your hard work with NVSTly: Social Investing getting such recognition. 🎉 I'll definitely check out the interviews. Thanks for offering to share insights on getting featured—super helpful for us all! 🙌
That's fantastic news! Getting featured on Indie Hackers is like hitting the jackpot in the tech world - congratulations on scoring that spotlight not once, but twice! Share some tips from your interviews on how to charm the Indie Hackers team!
@thestarkster Utilize their platform, add your product and make posts with updates on your product. I also believe once your product hits a certain level of revenue they will seek these products out to talk to their founders. Cool thing is, if your product uses Stripe you can link it to IH and show your verified revenue- even more of a reason for them to want to reach out.
Be interesting, answer questions honestly, don't polish your answers too much with a 3rd party grammar tool or AI either.
Congrats on the feature! How did you initially get their attention? Any tips for making a product stand out?
@lisa_stanley Add your product to Indie Hackers, post your updates or changelogs on your IH product page as well. Also keep your MRR updated on it, or connect Stripe if you use it.
That’s awesome! Did you do anything specific in your Indie Hackers profile to make it more appealing?
@larry_kim3 Not really, I just added my product to IH and updated it with our MRR and they reached out.
Great job! How important was networking and engaging with the community in getting featured?
@lisa_stanley Tbh I'm not a an active users within the IH community, but I did add my product and I post updated on the product page, and I keep the MRR updated.
Congrats! Can you share how you pitched your product to Indie Hackers? Any key points you focused on?
@julia_watson3 They reached out to me shortly after listing my product on their website and keeping the MRR updated, I also post updates/changelogs or some of our blog articles on our product page on IH.
That’s fantastic! Did you use any particular metrics or success stories to catch their interest?
@brigid_stewart The questions they asked had a lot of specifics on our revenue, expenses, etc. From how much money we make from each revenue stream, to how much we spend on expenses and operation costs, and what the profit is after. They wanted to know what led up to the creation of the product.
Well done! How has the feature impacted your user base and traffic? Any noticeable changes?
@arthur_gerry Great question, I'll get with my partner and see if we can pull some detailed traffic metrics from the year. The first featured article was beginning of June, from Google Analytics our traffic has doubled since that article. 
Congrats! What advice would you give to someone just starting out on Indie Hackers with their product?
@victor_crum List your product, post updates/changelogs or even summary of blog articles and link to the original, and certainly keep the MRR feature updated or link your Stripe to it- they want to interview makers/founders of products that are generating revenue and interview them on how they got to where they're at.
