Micro SaaS Products - Are They Actually Profitable?

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  • Опубликовано: 30 сен 2024
  • Why aren't Micro SaaS products wildly successful? In this episode, I’m going to walk you through the 3 principles you absolutely need to know on how to build a profitable Micro SaaS product.
    ...and when you implement these three key principles, you’ll be able to avoid months of building the wrong product.
    ~~~~
    10-Point SaaS Checklist👇
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Комментарии • 57

  • @procmf
    @procmf Месяц назад +3

    00:01 Micro SaaS products are easy to build and can grow into big SaaS companies.
    01:55 Micro SaaS focuses on niche audience, one feature, and urgent problem.
    03:45 Starting as a micro SaaS business is beneficial for new SaaS companies.
    05:24 Focusing on micro SaaS businesses can lead to faster product-market fit and revenues.
    07:09 Micro SaaS companies need a single player mode for easy access and trial.
    08:46 Key factors for a successful micro SaaS business
    10:27 Organic leads and upsell plans are key to profitable micro SaaS business.
    12:17 Key factors to build a profitable micro SaaS business
    14:04 Checklist to stress test SaaS business idea

  • @formulaone07
    @formulaone07 6 месяцев назад +4

    Do you recommend building an MVP around 1 customer and then marketing to others or first finding 3-10 potential customers and building for them as a small group?

    • @TKKader
      @TKKader  6 месяцев назад +6

      3 to 10 ideally. Otherwise you run the risk of becoming a custom dev shop for that one customer.

  • @AbhishekPatel-si7uq
    @AbhishekPatel-si7uq 8 месяцев назад +9

    We’ve got a microsaas idea to build, going to talk to customers before building, and going to ideate more ideas. We’ve got a solid team that can build anything in GenAI and AI, and we can hustle to acquire customers. This is so helpful to get everything that’s required in the beginning on the table. Thanks TK!

    • @TKKader
      @TKKader  8 месяцев назад +2

      Glad this was helpful!

    • @HassanHaji-z7j
      @HassanHaji-z7j 8 месяцев назад +1

      Bro is there anybody who wanna team up on doing saas. Let's work together and create a group for this. Does anybody know a helpful saas community where I could recruit team mates for my group?

    • @DerrickAquinaldo-hf3jz
      @DerrickAquinaldo-hf3jz 6 месяцев назад +1

      Hey brother I was wondering the same thing I am also inspiring dev who just finished Bootcamps leave me your contact so we can make this happen and create the group ourselves!

    • @DerrickAquinaldo-hf3jz
      @DerrickAquinaldo-hf3jz 6 месяцев назад

      U have email or telegram?

    • @DerrickAquinaldo-hf3jz
      @DerrickAquinaldo-hf3jz 6 месяцев назад

      Can we link up to share ideas I’m also into generative Ai and data science I’m proficient in langchain and Python i need to connect more with like minded developers

  • @millionairenowNYC
    @millionairenowNYC 4 месяца назад +4

    Holy cow that $30 days breakdown was genius

    • @TKKader
      @TKKader  Месяц назад

      I love it too

  • @michaelmcgarvey523
    @michaelmcgarvey523 9 месяцев назад +3

    Great content. If I am supposed to be able to validate a micro-SaaS idea before actually doing any code/building, how am I supposed to let the user try it out? Does this mean I go on a limb and build the micro-SaaS out with the 1 feature while validating?

    • @TKKader
      @TKKader  8 месяцев назад +1

      There are a couple different ways:
      1. Have them play around with an interactive prototype
      2. Build a small part of the product, the core 10x feature that matters

  • @tribe.effects
    @tribe.effects 9 месяцев назад +2

    How can one decide if it should be full SaaS or MicroSaaS? Is there a framework?

    • @TKKader
      @TKKader  8 месяцев назад

      Start with MicroSaaS. Every idea starts there. Then as you gain momentum you’ll know.

  • @UnequivicaLEO
    @UnequivicaLEO 7 месяцев назад +1

    My startup has one main benefit for our users where it focusing on solving one main problem, not just for a niche segment but has the potentially scale to a larger audience.
    Are we a micro saas operation?

    • @TKKader
      @TKKader  7 месяцев назад +1

      For starters yes, but you can always expand after you hit critical mass!

    • @UnequivicaLEO
      @UnequivicaLEO 7 месяцев назад

      @@TKKader makes sense! As you shared knowledge on going from A services model to a saas model. I love this, thank you TK!

  • @joseduarte1240
    @joseduarte1240 Месяц назад +1

    you have any scratch videos from zero to an full functionally saas?

    • @TKKader
      @TKKader  Месяц назад

      That would be like a 10,000 hour long episode.

    • @joseduarte1240
      @joseduarte1240 Месяц назад

      @@TKKader I’m talking about a simple app just to know all the process from the beginning to the end. Super simple

  • @EngineeringFun
    @EngineeringFun 4 месяца назад

    Are you on keto, TK?

  • @MyExpertAccountant
    @MyExpertAccountant 8 месяцев назад

    How does someone take me seriously for 30 bucks a month?

  • @dereksantossidi6850
    @dereksantossidi6850 7 месяцев назад +2

    Nice info :)

    • @TKKader
      @TKKader  7 месяцев назад

      Glad it was helpful!

  • @meloniegreen1480
    @meloniegreen1480 2 месяца назад

    Awesome video. Super clear. Great value. Thank you!

  • @jcfh5059
    @jcfh5059 2 месяца назад

    Amazing video, amazing energy and clarity, amazing channel! Got me hooked from beginning to end!

    • @TKKader
      @TKKader  2 месяца назад

      So glad to hear!

  • @ren2512
    @ren2512 7 месяцев назад +1

    yes

    • @TKKader
      @TKKader  7 месяцев назад

      🙏🏼

  • @GearginaTan
    @GearginaTan 3 месяца назад +1

    yes!

  • @hannesreinsch
    @hannesreinsch 8 месяцев назад +1

    great video, thank you!

    • @TKKader
      @TKKader  8 месяцев назад

      Glad you enjoyed it!

  • @petebrag
    @petebrag 4 месяца назад +1

    Yess

  • @matthewwelch1537
    @matthewwelch1537 9 месяцев назад +1

    I liked the video

    • @TKKader
      @TKKader  9 месяцев назад

      Glad to hear!

  • @spliffpay
    @spliffpay 5 месяцев назад +1

    YES

  • @whatsupcitytv
    @whatsupcitytv 7 месяцев назад +1

    Great video

    • @TKKader
      @TKKader  7 месяцев назад

      Glad you enjoyed it!

  • @chiranvj
    @chiranvj 8 месяцев назад +1

    Great content!

    • @TKKader
      @TKKader  8 месяцев назад

      🙏🏼

  • @seraphcms2511
    @seraphcms2511 9 месяцев назад +3

    You certainly can have a yes ... YYESSSSS
    I've been working on something for years and in only the last few days I have suddenly discovered that there is inded a ready made market for the core problem!!!
    What I've discovered means that not only that I have a hook to sell what I'm working on but also that there is a ready market to which I can precisely and simply demonstrate my solution.
    Thank you so much TK, what you're saying in this video precisely mirrors what I am going through right now!!! 🙂
    Ben

    • @TKKader
      @TKKader  9 месяцев назад +1

      Boom! So so good to hear that, Ben!

  • @AndreyMakarov-i7h
    @AndreyMakarov-i7h 8 месяцев назад

    Bro, what's up with your eyes. Is it coffee?

    • @TKKader
      @TKKader  8 месяцев назад

      I didn't sleep very well the night before.

  • @puneetlamba6761
    @puneetlamba6761 9 месяцев назад

    In salestech, there’s massive consolidation happening & people want integrations out of the box (esp. for AI use cases). Any thoughts on successfully building microSaaS while meeting the 3 criteria you listed?

    • @TKKader
      @TKKader  9 месяцев назад

      I don’t understand the question. Could you be more specific?

    • @puneetlamba6761
      @puneetlamba6761 9 месяцев назад

      @@TKKader Sure, I should have been clearer. There are surely some microSaaS opportunities we have come across while talking to sales leaders & reps (we want to focus on them since that’s where the founders’ domain expertise & trust network is). And we believe there’s a real opportunity there.
      But broadly speaking, we also find that salestech as a whole is not looking for point solutions and that buyers want 1-2 umbrella solutions vs tens of different microSaaS. So I was curious how to put that in context vs. what you said in your video.

    • @TKKader
      @TKKader  9 месяцев назад +1

      @@puneetlamba6761 it kind of sounds like you’re answering your own question. The bar for a 10X product solution is very high in sales tech. If you can achieve 10X then you’ll be fine. Otherwise, pick a different segment of the market.

  • @Ajay_Cheema
    @Ajay_Cheema 9 месяцев назад +3

    Your content is always timely and top-tier.
    You could easily do a Micro-SaaS course too.
    Currently the market is flooded with useless no-code bs.

    • @TKKader
      @TKKader  9 месяцев назад +1

      I prefer to give value completely for free so people get initial customers, and then work with me inside my SaaS GTM Program to scale: tkkader.com/gtm.