I created Perfect Wiki and reached $250k in annual revenue without investors

Hi, my name is Ilia. I founded Perfect Wiki — a SaaS product for creating internal company knowledge bases that works directly within Microsoft Teams. We created a simple and convenient tool for storing, editing, and sharing knowledge within companies. It all started with the idea to resolve one specific pain point: the built-in Wiki in Microsoft Teams offered was inconvenient, and there was no worthy alternatives with full integration to the platform. In this article, I want to share how the idea came about, the mistakes I made, how I found my first customers, and how I gradually grew to a steady income of $250,000 a year over five years. All of this — without investors, a 20-person team, or a “Series A” round. How It All Began In May 2020, I lost my job and started thinking about new projects to launch or where to direct my efforts. The pandemic drastically changed the market: the mass transition to remote work boosted interest in online communication tools, and everyone wanted to ... Read full article.