From Side Hustle to Main Gig: The Story of Angus Cheng's $12K/Month SaaS Venture
Angus Cheng, a Hong Kong-based developer with 14 years of experience, founded a successful SaaS business called Bank Statement Converter, which converts PDF-formatted bank statements into Excel files. Starting as a one-man operation after leaving a job in cryptocurrency, Angus grew the business to achieve a monthly recurring revenue of $12,000 by September 2023, primarily through content marketing and continuous service improvement, with the only significant costs being server and service fees.