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How to Create a SaaS and Compete with the Big Players as a Solo Founder

mikealche.com

51–60 of 79 posts

Re: How to Create a SaaS and Compete with the Big Players as a Solo Founder

#51

> A good ballpark to get started is creating three plans around $47, $97 and $249 each. just like that. really? no matter what kind of SaaS you're running?

I think patio11 recommends these tiers for low touch B2B SaaS with 10% discount for annual plans.

Re: How to Create a SaaS and Compete with the Big Players as a Solo Founder

#52
that's exactly what we did and doing very well. After trying lots of stuff in the last 12 years and actively participating in the indie communities, that's the easiest way to make it work.

Find a popular product, pick a growing niche that product serves not so well (you can see that in reviews, twitter, etc) and build a specialized version of that product with a friendly and modern UI. When serving different niches, usually products require different configurations for each and get quite heavy and confusing. You can fix that by specializing on one niche.

Re: How to Create a SaaS and Compete with the Big Players as a Solo Founder

#53
"Solo Founder" seems like a proxy that just acknowledges that Software Development is now a Profession.

We don't refer to Doctors, Lawyers, and Accountants as "Solo Doctors", etc...

They are simply people who have studied their area of expertise for years, are disciplined and principled in their approach, likely carry some form of E&O insurance to warrant their work, and are perfectly capable forming their own legal entity and opening their own "office".

Broadly speaking, these professionals belong to networks of other professionals, who occasionally collaborate on projects.

Reading the article in this context then, focusing on a niche makes perfect sense for any Professional.

Re: How to Create a SaaS and Compete with the Big Players as a Solo Founder

#54

arrrghhh this "find a niche" stuff again. what if I am a regular 9-5 engineer in a big company. where the hell am I finding those? By using random idea generator and getting "note taking add-in for excel for amputee ballerinas"? aw jeez, they dont have enough money, I must pivot to broker ballerinas

Then maybe you shouldn't do a startup? Not everyone can and should do a startup, lack of a good idea is probably a good reason.

Re: How to Create a SaaS and Compete with the Big Players as a Solo Founder

#55

arrrghhh this "find a niche" stuff again. what if I am a regular 9-5 engineer in a big company. where the hell am I finding those? By using random idea generator and getting "note taking add-in for excel for amputee ballerinas"? aw jeez, they dont have enough money, I must pivot to broker ballerinas

I thought this was implicit: you find a problem you deal with on a daily basis. This is probably why there are so many more startups pitching development tools than, for instance, something to make the lives of truckers a little easier. If you work as a regular engineer, you must come across dozens of daily problems any of which are not properly solved by your current tools. Even simple things like following up consi…

1) >>> you find a problem you deal with on a daily basis. Agree with this. As they say - necessity is the mother of invention. A lot of the episodes I listened to on the Podcast - How I built this with Guy Raz - were about people getting frustrated with a problem they faced on a daily basis and deciding to fix it (usually starting quite small).

2) >>> This is probably why there are so many more startups pitching development tools than, for instance, something to make the lives of truckers a little easier. This makes sense if you're a developer or work in software. Eg, I'm a Product person who built tools on the side to scratch my itch. My platform was Google App Engine (GAE). When the GAE GUI was deprecated, I realized that I really found a GUI much more convenient and so built - https://nocommandline.com and in the process fixed stuff I didn't like about the old GUI.

I think the trick here is to set right expectation i.e. recognize that not every idea is going to be a Unicorn or a big business. It could remain 'just a side project' or turn out to be something that just brings you extra income (pay your rent, weekly gas bill, etc).

Re: How to Create a SaaS and Compete with the Big Players as a Solo Founder

#56

If you want to compete with the big players, you have to solve the most important pain point and work upward from that small use base. My case: I work on https://hanami.run (will soon move to https://mailwip.com due to hanamirb.org conflict) and email forwarding is very competitive. Big and old players are all over the place because at the end of day, setting up email forwarding isn't hard and many open source projec…

Hi. Good to see you kicking around. I’m a happy customer that had trouble with those big providers. Lately I haven’t even thought about your service (it’s just working).

Re: How to Create a SaaS and Compete with the Big Players as a Solo Founder

#57
post #23

Earlier quoted context omitted.

> what if I am a… Why does advice have to apply to every scenario ? What if you are a paraguayan field worker and this is not actionable for you ? Anyways, I’d suggest you talk to others around you and see if you spot the pain points in their day

>Anyways, I’d suggest you talk to others around you and see if you spot the pain points in their day This is not a predictable tactic that would yield a viable SaaS idea, this is a gamble "go dive into the ocean, maybe you will find treasure"

Are you expecting a predictable formula for starting a successful business?

Re: How to Create a SaaS and Compete with the Big Players as a Solo Founder

#58

"Solo Founder" seems like a proxy that just acknowledges that Software Development is now a Profession. We don't refer to Doctors, Lawyers, and Accountants as "Solo Doctors", etc... They are simply people who have studied their area of expertise for years, are disciplined and principled in their approach, likely carry some form of E&O insurance to warrant their work, and are perfectly capable forming their own legal…

There's a difference between working a job and being an entrepreneur. The solo founder vs partnership debate comes up in every profession you mentioned, e.g. when starting your own law practice or medical clinic from scratch. Particularly for lawyers the standard advice is to at minimum have a group of partners with complementary skills (deep technical knowledge of laws, experience in a courtroom, ability to schmooze clients), not very different from what you'd hear from a tech VC.

Re: How to Create a SaaS and Compete with the Big Players as a Solo Founder

#59
post #23

Earlier quoted context omitted.

> what if I am a… Why does advice have to apply to every scenario ? What if you are a paraguayan field worker and this is not actionable for you ? Anyways, I’d suggest you talk to others around you and see if you spot the pain points in their day

>Anyways, I’d suggest you talk to others around you and see if you spot the pain points in their day This is not a predictable tactic that would yield a viable SaaS idea, this is a gamble "go dive into the ocean, maybe you will find treasure"

There is no "predictable tactic" for being a successful entrepreneur.

Re: How to Create a SaaS and Compete with the Big Players as a Solo Founder

#60

Earlier quoted context omitted.

I thought this was implicit: you find a problem you deal with on a daily basis. This is probably why there are so many more startups pitching development tools than, for instance, something to make the lives of truckers a little easier. If you work as a regular engineer, you must come across dozens of daily problems any of which are not properly solved by your current tools. Even simple things like following up consi…

"you find a problem you deal with on a daily basis". Nope, not necessarily. Depends on where you work. If you are a cog in a big company, slaving away your 9-5, then no. You would NEVER get an idea that some finance folk would love to get an excel addin where you can click together in a simple GUI a data fetch from API, or whatever.

Maybe this is an indication that you're not the right personality type for this sort of thing.
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