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How Two Two Serial Entrepreneurs Built and Sold Bubble 6 Figures

7/10/2024
Building with Bubble
Lachlan Kirkwood
Building with Bubble
www.buildingwithbubble.com
Brisbane, AustraliaFounded 2019
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Monthly Revenue
Undisclosed
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Founders
Lachlan Kirkwood
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Employees
1
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Business Description

Building with Bubble offers practical, step-by-step courses and resources for non-coders to master Bubble.io and transition into freelancing or launching SaaS applications, helping thousands gain real skills for software creation without coding experience.
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Executive Summary

Building with Bubble shows how focus on organic growth, pricing ingenuity, and strategic buyer relationships can lead to impressive exits in the online course world. From solo founder burnout to a seamless 6-figure sale, this case spotlights how clarity around product, purpose, and platform can shape business destiny.
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Video

How Two Two Serial Entrepreneurs Built and Sold Bubble 6 Figures

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Case Study Content

Turning Frustration into a 6-Figure No-Code Education Empire

When Lachlan Kirkwood realized he had more app ideas than coding skill, he didn’t let that block the path. Instead, he gravitated to Bubble.io—the no-code platform making waves for makers who can’t (or just plain won’t) get knee deep in actual code. After 8 online business failures (yep, really), a tweet from a curious Japanese follower sparked a new idea: Why not teach this stuff to those in his shoes? That simple outreach led to Lachlan’s first online course, and what would become Building with Bubble. He started with Udemy—because distribution is everything for solopreneurs—but quickly learned the platform’s high commissions left a lot of meat on the bone.

Building an Audience Without Burning Cash

Paid ads? They tanked. Instead, Lachlan began posting practical Bubble.io walkthroughs and free content on his standalone website, (yes, built with Bubble). His audience grew not by shouting louder, but by teaching better, building an email list and a content moat for sustainable organic growth. People who watched his videos saw his approach in action—so when they were ready to buy, trust was already high.

How One-Time Payments Became a Strength

Subscription businesses always sound lucrative—till you’re dealing with churn and customers who vanish after a month. After initial experiments, Lachlan’s courses adopted a one-time payment model. It fit the moment: most users were motivated to learn Bubble NOW (maybe on a project, maybe building their startup idea), so the offer of lifetime access with clear value made sense. Pricing climbed gradually as the course library expanded, maintaining both affordability and margin. No need to chase monthly renewals. Customers paid at a point of maximum urgency.

From Side Hustle to Sellable Asset

For a while, Building with Bubble was the long-term play. But like many creators, Lachlan found himself facing burnout. He thought about what he wanted: more freedom, and to try something fresh again. A holiday gave him enough perspective to make the tough call—listing the business on Flippa with all the necessary info and systems ready for a buyer. Every successful exit starts by making yourself replaceable.

Stacking Value: Upsells and Customer Progression

When you serve an audience that's leveling up, your own business can too. Lachlan noticed students wanted more than just basics: some were using Bubble skills to get freelance work. Enter the Freelancing Masterclass: premium, higher-ticket, designed to help users monetize their skills—including landing clients and winning contracts. With a higher price tag, it gave him a new stream, and customers a reason to stick around as their skills matured.

The Acquisition: Buyers with a Vision

Enter Kestutis and Andrius from Lithuania. Their plan: buy proven digital assets in education and SaaS. Their strict criteria ruled out ecom/inventory—clean, content-first assets only, between $300k and $3m. Building with Bubble was exactly what they wanted: strong brand, no inventory, a clear audience, and systems they could run remotely. The deal moved fast. Lachlan’s prep (organized accounts, documentation, and a lineup of new instructors) made the buyer's due diligence a breeze. The listing was spotted in April, and by May 10th, the deal was done—with Flippa brokers providing legal and payments support.

Smooth Transitions: Building Trust Between Buyer and Seller

With any brand built around a founder, post-sale transition is risky. Kestutis and Andrius knew they wanted Lachlan involved, and he agreed to help for 18 months on a tapering schedule. This gave time to replace his on-camera presence, bring in new talent, and keep students at ease. A single phone call between buyer and seller set the tone for a good relationship—that’s sometimes just as important as P&L.

Flippa’s Role: More Than a Marketplace

While Flippa is famous for being the Craigslist of digital business deals, its diligence services are where deals live or die. Flippa’s tools streamlined diligence and transfer, with a business broker ensuring both sides felt protected and heard. That hands-on approach—especially useful when a brand runs on the founder’s reputation—kept the deal moving and decreased buyer risk.

What’s Next: Portfolio Thinking and New Projects

Kestutis and Andrius are just getting started—they’re gunning for 5-7 businesses by year’s end, creating operational leverage by cross-pollinating their growing educational assets. Lachlan, meanwhile, is finally getting his burst of fresh energy—working on new projects and enjoying a friendly, ongoing collaboration with the business’s new owners.

  • Building with Bubble’s journey shows steady, iterative improvement—constantly refining monetization, customer support, and course quality as feedback rolled in.
  • Bottlenecks were solved either by automation, platform moves, or empowering others (like bringing in new instructors).
  • This wasn’t some Silicon Valley rocketship. Just a focused, adaptive one-person business that kept customers at the core.

Conclusion: What Other Founders Can Learn

You don’t need a huge team or outside funding to build something meaningful or drive a strong exit. With the right timing, attention to audience feedback, and a willingness to document processes for the next owner, one-person SaaS and content businesses can turn into life-changing exits and stepping stones for bigger players to jump in. And if you need to sell? Make it easy for buyers to hand you cash—and stick around long enough that they succeed too.

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Key Takeaways

  • 1Organic growth through educational content and community building was more effective than paid ads for Building with Bubble.
  • 2Strategic price increases and one-time payment models can boost conversion and cash flow without subscription headaches.
  • 3Product expansion like the Freelancing Masterclass helped serve users as their skills grew, creating natural upsell paths.
  • 4Meticulous documentation and being 'replaceable' made the business highly attractive to buyers looking for low-friction acquisitions.
  • 5A transparent, trust-driven relationship between buyer and seller ensured a smooth transition and post-sale continuity.
  • 6Careful platform choice (Bubble.io, Flippa) and lean operations enabled a solo founder to reach a six-figure exit.
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Founders Hut is a leading online platform dedicated to sharing thousands of in-depth business case studies from successful companies around the globe. Since its launch, Founders Hut has empowered entrepreneurs, marketers, and corporate innovators with actionable insights drawn from real-world successes and failures.

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