Building Ledgerly — $18K MRR, bootstrapped

I build SaaS products in public, and write about the mess in between.

Solo founder. Shipped three products, killed two, and I'm currently all-in on the one that's actually working. I share the real numbers — good and bad.

See what I've built Say hello
ledgerly.app/dashboard
Monthly Recurring Revenue
$18,240
Active Customers
412
$18.2K
Current MRR
412
Paying customers
3
Products shipped
4 yrs
Building solo
As featured in
Indie HackersProduct HuntTechCrunchHacker NewsStarter Story Indie HackersProduct HuntTechCrunchHacker NewsStarter Story
About

Four years, three products, and a lot of expensive lessons.

Arjun Mehta

I quit a comfortable product management job to build software full-time, and spent the first eighteen months building things nobody wanted. Ledgerly — a bookkeeping tool for freelancers who hate bookkeeping — is the one that finally clicked, mostly because I built it for a problem I actually had myself.

I write publicly about revenue, churn, and the decisions that didn't work, because that's the content I wished existed when I started. No vanity metrics, no "10x your revenue" threads — just what actually happened.

Most days: half building, half in customer conversations, occasionally regretting how much I underpriced the product in year one.

Stack

What Ledgerly is actually built on.

Product & Engineering
Next.js
PostgreSQL
Stripe Billing
Growth & Marketing
SEO / Content
Build in Public
Cold Outreach
Operations
Customer Support
Pricing Strategy
Hiring (Contract)
Journey

The path here, failures included.

2024 — Present

Founder

Ledgerly — bookkeeping for freelancers

Grew from $0 to $18K MRR in 14 months, entirely through content and word of mouth — zero paid acquisition.

2022 — 2024

Founder

Two earlier products (shut down)

Built a scheduling tool and a Notion-adjacent app. Both got users, neither got revenue — the lessons fund everything since.

2019 — 2022

Senior Product Manager

Northline Software

Shipped B2B features end-to-end, which is where the "actually talk to customers" habit came from.

Download founder bio ↓
Products

What I've shipped, including the ones that didn't work.

01 — LIVE

Ledgerly

Bookkeeping and invoicing built specifically for freelancers, not adapted from enterprise accounting software.

$18.2K
MRR
412
Customers
nextjsstripepostgres
02 — SUNSET

Flowcal

A scheduling tool for consultants. Got 300 signups, converted almost none — pricing and positioning were both wrong.

300
Signups
4
Paying (ever)
reactfirebase

Building something? I like talking to other founders.