A Sneaky Way to Make $40k+ From SaaS
HTML-код
- Опубликовано: 10 июл 2022
- Starting a SaaS doesn't have to be all that hard - skip some of the difficulty and use this super sneaky hack ;) .
Join the free MM Letters to get actionable tips/hacks for launching and running an online biz: milli.to/letters
Free SaaS book I wrote:
How to get your first few customers ----> ruclips.net/video/9pYYyRwFuzA/видео.html
Thank you so much! This helped me a lot with a problem that I need to fix.
The real way to make money is have a RUclips channel that takes advantage of the dream to make money. Now you have 5,000 new chat and review apps coming to market today. A little bit saturated. No one makes money except the RUclips channel that pretends this is a viable option.
True lol
Lol, ye
Absolutely. Most ideas that are advertised are surely saturated or over-saturated. Otherwise, they'd save it for themselves and figure out how to capitalize it for themselves.
Harsh truth
well you wouldn’t use the examples in the video lol you would find another service that you can improve. The video definitely makes it look a lot easier than it is. Creating a fully functional software service, and company, and marketing is a lot and probably would take a year at least to be profitable.
It is still a viable strategy even if the video is in the “make money fast” category
As a developer my recommendation on this is to take time to choose and work on something from the inspiration you actually like. Because these products actually take MUCH longer than you think to build. Don’t focus on the money aspect only because money that doesn’t exist won’t inspire you to get through the tough times of building a product. So just make sure you enjoy the process and have some interest around the topic/market. Wonderful video. ❤
You could just cobble something together with some no code solutions and start selling the idea, then when you start getting customers you can start building v2 in code
I don't agree with you. As a developer, I like to do something that is fun to build. But if you want to get money, you must treat this as a work, and you will need to work hard.
Don't build first. Read the Lean Startup.
your a developer you should know they don’t take nearly as long to build cmon
As a developer I dont agree with you. You suggest to start a hobby that doesnr get paid. I prefer to work for money. And whether we enjoy what we do is of our making and our responsibility, of course Id pick a SaaS idea that I like from some angle and the technologies Im comfortable with.
SOOOOO MUCH SMARTNESS!!!! THANK YOU! In 2020, I was trying to build SaaS for a while, but I really had super hard time to come up with good ideas. I gave up pretty quickly and now I'm trying to get back to IT industry working as an employee. You are so smart. Thank you for your contents.
I really appreciated the brainstorming you did towards the end of the video. Top quality content, keep it up.
As a software engineer I feel stupid for never trying this
Me too lol. been thinking to try but never did this way.
It has been 8 days. Have you done something?
It has been 3 weeks now, did you try something?
cmon, Drew - let's get after it.
It has been 4 weeks now, did you try something?
This is really helpful, I've been making ideas on the wrong things. I have a focus now. Huge thanks.
Underrated entrepreneurship video
This is very helpful and even inpiring! really appreciate this!
Thanks for making this video, very useful.
Thanks for this. Just saw this at the right time now that I have a lot of extra free time to work on something.
Hi, I'm looking for software engineers to develop my SaaS product in partnership
They sacrifice quality for quantity.
he says it the other way around xDD
This is an amazing video. Its a small thing but massively ignored. I used this strategy to find a good SAAS niche. As a software engineer I am creating a SAAS tool that I will majorly use for my side hustles, there are some tools in that category but they are too expensive or not fitting my use cases or how I would like it. Even if no one uses it will still be useful for me. Thats how I think good SAAS are made, be your own customer first.
This video is freaking greattt !! thankyou
Thank you kindly, you have earned a subscriber!!
best video i ever watched! ty so muchhhh!
Thank you for this video! I just had my first 6 figure month because of this
Every startup idea is taken.
BUT, not every audience is taken.
Can you take an existing idea and:
- make it simpler or more accessible?
- sell it to a smaller niche demographic?
- sell it to an entirely different industry?
Also, large entrenched products often create more problems;
Can you:
- build something to simplify or teach its usage?
- build a plugin to expand its functionality?
- create a tool (api/zapier, etc.) to combine it with another product?
Exactly this.
Starting a business is about finding the easiest way to do the most for the world, in theory.
Usually, the easiest way to do that is with inspiration from existing ideas
Yes I can.
Thank you, a great inspiring content.
Awesome video!
I'm working on a product that's basically a highly simplified Asana. It's for a niche business and I'm using in-person networking to find customers.
I'm not charging per user, like Asana does, and it only has a handful of features, because that's all these businesses need.
Hey Ryan, I’m building a Project/ documentation / activity monitoring tool.
Any chances that we could collab?
This seems like a good idea. I do wonder how long it'll be profitable before the company does it themselves. Or maybe buys you out, which I'm guessing is sort of the goal.
You dropped so many gems ❤
Great video Thanks for sharing
nice, thought-provoking!
Very helpful!
good video buddy!
Wow glad to watch this random one 👍🏽
Please upload more videos. I'm learning so much from you.
awesome :) new videos every week!
as of Oct 2022, it's now $119 a month per location per user for less than 10 locations.
Which is that font you used in the "Proven Market"?
great video
WHO ARE YOU MAN? thanks what a practical way to help thank you again
Take this a step further by specializing in a specific feature for a particular niche or sub niche. Have your core functionality, then simply add 1 or 2 additional features that would be specific to that industry.
Hi , can we get in touch …we need support to make saas platform
New Subscriber and RUclipsr from 🇮🇳
That's what HubSpot did and today a lot of mid-scale companies are moving away from Salesforce!
Salesforce is booming currently, what cave do you live in?
@@homie7218 dunno aboout NA but Asia Africa and EU moving away form sales force and companies starting out go with ERPNext or Odoo(Open ERP) open source solutions are hella hot s[eically when it comes as a cheap full package for all your needs
also India and china building their own alternatives and been used by many African and asian countries
again dunn how it goes in the US or canda but this is how it's in EU and Asia And AU
This video is useful 👌
People are saying that the market is already saturated and all sorts of things to discourage themselves.
Yes, it's true that the market is saturated, but that shouldn't stop you from researching your SaaS ideas.
I'm a developer and an e-commerce enthusiast. The fact that new e-commerce startups are popping up every now and then show that I can establish mine and make it to the top.
How much have you make with your SaaS since you wrote this comment?
SaaS is way different from ecommerce. In e-commerce people buy once. SaaS Is recurring revenue were retention requires a lot more effort. SaaS is easier to screw up things compared to e-commerce.
@@harishdeivanayagam , it depends on the e-commerce type. For instance, Amazon, AliExpress, and Shopify, are e-commerce SaaS platforms. They are different from, say, Nike, Melcom, or non marketplace platforms in terms of the business model they offer.
In this type of business, you should either be the first or the best.
really? check out tally forms story.
It's not about finding a product idea. That's a rookie mistake. It's all about building something for people who you have access to and their willingness to pay for your product (which is rooted to the original problem they're willing to solve).
Will we develop a new start from scratch platform or outsource it though?
But the biggest issue isnt making the product, thats the easy part, the issue is marketing the product and getting customers? Whats the most effective way for that?
it’s not easy that’s for sure
Partner businesses/distributors?
Cold calling haha good luck folks
A lot of grit at first but when you can afford setting up ppc social marketing then you can continue with that to scale, unfortunately many of these customers are only reached through phone
Hi, I'm looking for software engineers to develop my SaaS product in partnership. Marketing and selling it is not an issue for me. React, JavaScript etc..
If you have a business with bad reviews it’s because you sell bad product. You don’t need a 20 a month bot to reply to the negative review
what is the website that you show at ~2:00 showing the revenue for socialintents? It looked like producthunt for SAAS. it showed posts, followers, revenue, etc.
indiehackers
how do you decide if the feature you selected is the one that needs to be improved and how do you validate that ?
Hi, I'm looking for software engineers to develop my SaaS product in partnership
Why didnt i found ur channel earlier . I got a headache for quite 4-5 months for starting SAAS
Google notifies you about a review anyway. That hypothetical Saas makes no sense
"At a lower price" -- and there's the kicker. It's a race to the bottom if your marketting strategy is based on undercutting, full stop. There are no exceptions to this. You're just a pick salesman during a gold rush.
While you’re definitely right that a marketing strategy based on undercutting is unsustainable (and also a bad idea lol), I don’t think that’s really his point here. What he’s suggesting, rather, is to specialize or niche down on one aspect of the product and do it cheaper - which is very different from just undercutting your competitor and I think actually makes sense.
Using the review tracker example, if you’re a small business that only wants to track google reviews and get notified whenever a bad review comes in, it wouldn’t make any financial sense to pay $800 up front just to track one location. Having a tool that just lets me track google reviews is enough for me and I’d be much more willing to pay $20/mo for it too. I don’t see why that wouldn’t work if done right and it’s good for the smaller customers too bc they get value for their money. It’s also more sustainable bc it’s not like you have to build or host a ton of other features that would bloat the product.
A lot of competitors get started this way by taking competition from smaller customers/niches that feel underserved and offering them a more affordable plan but less feature rich.
Now the hard part from there is to scale in a way where you don’t lose those customers
You don't need new ideas you just need to do them better or more specifically curated
or just market them better I mean fuck think of pet rocks
I'm watching this three months after you uploaded, reviewtrackers is now $119 per store (under 10 stores). The price per store does decrease with higher number of locations.
Don't know anything about this or how it popped up but it's interesting so how do I make a saas like the one mentioned. I know how to market and cold call but nothing on how to make this. Please someone send me in the right direction. Thank you in advance
all you gonna need is find a good saas and then provide what the most of this saas not providing, then either grow it or sale that to some good company
what site is it that you used to see Social Intents' 42k monthly revenue?
Lol I was thinking the same thing
Indiehacker
Isnt your solution that, what google is giving you for free?
No, it's making it easier for a business to keep track of their reviews in 1 place. Also - many many SaaS products do what could be done free, but businesses want it to be easier/faster than the free way so they gladly pay for it.
I created sass similar to one, but what? No one use it. I don't know how to find users for it.
i know a saas who is basically a private school compared to canva like it’s a uni... if that makes sense
All is good upto the end but how to build a SAAS product. whome i need to hire. From where I can get the product development done by addding the required features. who can build me a A-Z Products without any bugs so that we can sell it.
And i think to develop a Saas a one web developer is not sufficiant we required software developer, a backend developer, and much more. can you tell which softer can helps us build saas products with algorithms for required features.
Thanks
1:25 They scarifice quantity for quality. I think you mean the opposite - they compromise quality for quantity.
Business Vultures, pardon Ventures. ;).
better and cheaper .. this is simplistic as people buy to solve many pains. I better use a blue ocean strategy.
What SaaS?
I found a gen which is your channel
Just create a better WhatsApp!
Intercom has sooo many bugs and lags. Sometimes it's just unbearable to work with. I use it every day at work.
And you just hire devs to create the product?
or use no codes tools / white label
@@millionaire-millennial well, working with APIs is not that much simple, so you need devs for this one
hire devs or learn to code yourself
Dev here
@@Benanonsafety You can use no code tools to do API calls easily
Have you experienced success doing this?
this is a good question
he's selling shovels in gold rush, his success is in RUclips
Time to copy Google..
saas mag is offline
What.. $120/mo now for simple data scraping into a dashboard 😳
It's been a year and I'm curious if anyone has started making $40k/month.
this is how conor mcgregor looks like when his a developer ;)
Summary of the video: attend to Underserved needs . Read Dan Olsen’s book. Thank me later
but it does't make sense, if you got a dev team that's also at least decent you can do that chat bubble easy one time and never pay again, wtf?
A dev team costs at least 100k upwards of a million dollars or more a year per team. The chat bubble SaaS costs considerably less.
@@TheTimmarus i know a development team costs, but a chat bubble isn't very difficult to make and generally speaking i don't even like those things, they are the most annoying thing of the modern web after ads
@@gabrielesilinic no reg, uneducated Joe Smoe is going to sit there and learn how to build this my guy. LOL
U took $50 from me 4 years ago I asked for refund before expired...you denied.
I didn't sell anything for $50 4 years ago... Or really ever
Does Amazon fba ring a bell ?
@@millionaire-millennial same thing you owe me 4k from 3rd grade
@@millionaire-millennial remember that Kinder i gave you in the school playground ? With interest you also do owe me 50$
@@millionaire-millennial I have a product that responds to negative youtube comments for you and saves you the hassel. Interested?
That's a great if you live in a third world country. You just do the language, currency, marketing differently and charge cheaper.
software products are stupidly overvalued, 90% of software industry is a bubble.
hey buddy it's not sneaky that's called capitalism :) you are capitalizing on the other companies bad spots
Now I need to know how companies are valued. I wonder what all of the features are, because that is an insane price lol
What's his Twitter/ln?
Solo wantapreneur.
That's a good one!