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

mikealche.com

61–70 of 79 posts

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

#61

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

By going to product hunt and making exact copy of something.

By lurking on HN and making a copy of one of "Show HN".

Just pick something that seems interesting for you.

Spend 2-3 years building it and marketing and if it works well you have it. If it does not work, start over again.

Unless you want a sure money making product - then stick to your 9-5 job that is money making product you have for sure.

Which is also like "find people that want something and build it for them" because that will be your next 9-5 job then.

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

#62

How big is the risk of some competitor just copying with business with 10x the engineers and taking your customers?

For every company that will buy from them, there's a company that won't buy from them for 'religious' reasons. Deals are complicated, it's not always an 'engineering' decision.

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

#63

> 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?

If you're in b2b, yeah those are pretty good ballparks to start in if you have no real idea of what to pick. If you already know what to do, then do that instead.

This is a fairly decent bit of advice if someone's new and has analysis paralysis on pricing.

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

#64

> 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?

And all I can think reading this is "lord please bless my free tier and day job"

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

#65
post #36
post #3

So what's the SaaS that you created and managed to compete with big players as a solo founder?

Here's his portfolio page: https://www.mikealche.com/portfolio

I looked at that page and then I asked the question to see if it was some other startup not listed on the portfolio page.

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

#66
post #22

Earlier quoted context omitted.

Most problems we all face on daily basis are completely trivial and those which aren't are often solved by someone. Which is something people often overlook and end up making products which no one really needs. Here's an example - I broke the remote for my AC earlier this year but I managed to salvage the codes and program a wifi-enabled ESP32 to communicate with the AC over wifi remotely, I made a crazy stupid UI fo…

That's actually a good idea. Was the original remote app enabled? If not, now you have a potential product for those people who would rather use an app than the manual remote. Are spare remotes hard to get or expensive? There's another market that might want to buy from you, especially if the AC unit that is old or obsolete. Spare parts/retrofits with new features is big business. There's a good chance that if you du…

I never said it wasn't a good idea. Almost 6 months later it serves me perfectly well. There was no original app. The AC itself was here when I moved in, it's an obscure manufacturer no one has ever heard about and I recon it's been here since the building was built around 2007. All I could find out about it was that it was made in South Africa and that's it. Infrared communication is incredibly simple on those devices and it's a matter of two hours to reverse engineer them(no shifting, rotations or any of that fancy stuff). All in all it cost me around 20 bucks and ~day to get it to work+the crazy stupid ui running off an actix webserver. But if I had the option to buy a remote control which works with it, I would have gladly done that instead(tried several universal remotes, none of which worked).

My point was that this does solve my problem but it's an incredibly niche problem for an even smaller niche market. The owners of this AC from the same unknown manufacturer, that either can't find a spare remote or want to make it wifi enabled. It's insanely specific, isn't it? Let's not fool ourselves, writing the software is the easy part and fairly inexpensive when you can do it yourself, get a cheap stm32 board and flash it. Manufacturing on the other hand is a whole different ball game and honestly I can't justify the work of developing, manufacturing, distributing and dealing with taxes at the end of each month, all for 300 bucks tops(I'm probably far too optimistic).

edit: esp32, not stm32(I'm mostly playing with stm32 lately).

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

#67
post #66

Earlier quoted context omitted.

That's actually a good idea. Was the original remote app enabled? If not, now you have a potential product for those people who would rather use an app than the manual remote. Are spare remotes hard to get or expensive? There's another market that might want to buy from you, especially if the AC unit that is old or obsolete. Spare parts/retrofits with new features is big business. There's a good chance that if you du…

I never said it wasn't a good idea. Almost 6 months later it serves me perfectly well. There was no original app. The AC itself was here when I moved in, it's an obscure manufacturer no one has ever heard about and I recon it's been here since the building was built around 2007. All I could find out about it was that it was made in South Africa and that's it. Infrared communication is incredibly simple on those devic…

Understood. We all do what we're comfortable with.

> an incredibly niche problem for an even smaller niche market

These are my favorite because no one "big" wants to get into them. I make a device that converts signals from heavy machinery that uses a specific type of almost-obsolete sensor to let it use a modern control that you can buy off the shelf. A friend of mine used to have a nice side business (was full time for a while) selling a replacement timer for a specific type of industrial printer.

I like markets like that. The biggest problem I'd see in your case is that it's a consumer item, not industrial. Most customers just don't want to spend a whole lot unless they have to.

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

#68

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

[deleted]

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

#69
post #22

Earlier quoted context omitted.

Most problems we all face on daily basis are completely trivial and those which aren't are often solved by someone. Which is something people often overlook and end up making products which no one really needs. Here's an example - I broke the remote for my AC earlier this year but I managed to salvage the codes and program a wifi-enabled ESP32 to communicate with the AC over wifi remotely, I made a crazy stupid UI fo…

>> Most problems we all face on daily basis are completely trivial and those which aren't are often solved by someone. Resptfully disagree. There are a lot of non-trivial problems that do not have good solutions. If you look for niche manifestations of hard problems, you can both find something with appropriate scope AND a good value proposition. You also don't need to solve problems, just make them better/easier.

I genuinely can't remember the last time(or if there ever was such an event) I saw something new and thought "Hey this solves/helps with X, I gotta have it". Software is easy when this is all you do so when I have a problem I can solve with code, I go on and do it. Manufacturing, you are either a large corporation(apple, samsung, etc.) or you are a black swan. Most simply fail.

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

#70
post #50
post #3

So what's the SaaS that you created and managed to compete with big players as a solo founder?

In the C++ world there is a dude with funny hair who makes a living by being a C++ expert. What is his real world C++ experience? Being a C++ expert.

Ipso Facto

wikipedia.org/wiki/Ipso_facto

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