Only 5% of Indie Hackers products make $100k/year…
A sobering statistic, but with a caveat: this only accounts for the 937 products that have their revenue verified by Stripe. The 5% is low, but that’s for a high bar of $100k/year. It gets worse:
A prevalent thinking is that making money as an indie developer is hard and most of the products end up with no revenue at all. Products on Indie Hackers seem to confirm this as more than 54% of the products are not making any revenue at all.
The post also breaks down the best performing product categories. ‘Wearables’ looks like a good one.
(We love the Indie Hackers community and know how hard it is to make it on your own. This post is not intended to denigrate anyone, just provide information.)