Adam Lytle sold an early app generating $1K monthly for $24,000
Adam Lytle · The Underdog: From $200K in Debt to $1M App Maker · Feb 26, 2025 · at 10:58
Indie app developer Adam Lytle describes the sale of one of his early mobile applications that prevented him from declaring bankruptcy after facing legal action from a client.
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“Starting this journey of building an app per month, one of the first apps that I built became hugely successful. It was generating around about a thousand dollars a month, which at the time was huge. And at this stage, I had someone reach out who wanted to buy the app. He said, I'll buy it for Two times annual revenue. 24,000 dollars.”
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