Do Things That Dont Scale Its easy to think youll sit back and the customers will come to you. Nobody knows who you are. Grinding task examples
Post on forms, FB groups, hacker news, and product hunt. Answer questions on Quora, Shopify forms and Wix forms Speaking with every new customer Watching recordings of every user interaction Why You Shouldn’t Quit Your Job (Yet) This is going to cover why you shouldnt quit your job right away and should build hile you are still working This is going to apply to anyone who is already fully employed (as long as it’s allowed) Why you should keep working?
SaaS is slow build, you wont generate 10k on your first day You have income coming in This can be used to support your micro SaaS You can ensure that your idea is fully validated The downside
It is more time-consuming as you will either have to moonlight or work on weekends This can mean less time to socialize and to relax The avg person spends 151 mins per day on social media. That’s 2.5 hrs! Convert this time into work time The exception
There are founders who have saved enough money to live comfortably for months even years. They have made the decision and trade-off to go full time. User what you know
Dont choose a new tech stack to learn while building your SaaS Stick to what you know and what works You’ll overcomplicate thihngs Use pre built to move fast
Database: MongoDB, AWS, etc Landing Pages: Carrd, Swipepages Use established services
You dont want a tool you’ve built your entire product on to be left behind or closed It’s all About Perseverance Not a get rich quick scheme
SaaS is a consistent grind over time ConvertKit
Focus on the right things
Focusing on the inputs, not the outputs Why you don't need to raise money SaaS has Amazing Margins
You can keep your expenses really low. VS code is free, Heroku is $7 a month, MongoDB has a free plan to store your data, a domain name can be purchased for under $10, GMail has free emails, and tawkto is a free chat plugin It's super cheap to start SaaS. Long gone are the requirements of racking your own servers for hundreds of thousands of dollars It's Time Consuming
You want to spend your time validating your idea, building your MVP, and discovering if you have a viable product. Why would you want to spend your time trying to raise money from VCs? You'll Have a New Boss
Why do you want another "boss"? You're now responsible to give updates, and reports and justifying your decisions to someone else. You've instantly lost the independence you've gained by starting your own business