Bought it For $4000, Then Earned $20,000 in 8 Months

Iconbuddy is “a search engine that allows you to search, download, customize, and edit over 200,000 open source svg icons for free.”
Mohd Danish owns the business and recently tweeted…
Iconbuddy made $20k in last 8 months…
Iconbuddy was not my idea, it’s @fayazara and I acquire from him for $4k in cash last year…
At that time $0 revenue and No traffic but I liked the idea, so I just bought it.
Monetization…
In Jan 2024, I launched lifetime supporter plan to make unlimited search, icon manager, Figma plugins access for $49.
The price has since gone up to $89.
So Mohd bought a promising project with $0 revenue, then figured out a way to monetize
I suspect he discovered Iconbuddy via X, but you could also find opportunities like this on sites like…
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