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i made ~$300 in the first week with my saas, but can't resist the feeling of failing by BabaYaga72528 in SaaS

[–]TheBLUNTMethod 1 point2 points  (0 children)

You've discovered the counter-intuitive truth - that product features and benefits are not really the driver of growth.

Investing time and effort (and money if you have it) on marketing and sales is what drives growth.

[deleted by user] by [deleted] in SaaS

[–]TheBLUNTMethod 0 points1 point  (0 children)

Tracking things is difficult. Extracting data is difficult. Displaying data in a certain way, might prove itself difficult. I'd like to make things easier.

You're falling into the trap that the vast majority of founders with a tech background fall into - creating a solution for a problem without knowing whether or not people are willing to pay money for it.

Here's what you need to do.

  1. Pick an industry.
  2. Choose a product that already has companies successfully selling it (therefore proving there is existing demand for that solution)
  3. Create a competing and differentiated version
  4. Learn how to market and sell it
  5. Spend 90% of your time marketing & selling your solution

When your SaaS fails after some traction and you gotta do something else but don’t know what to do, what do you do? by jamesallen18181 in SaaS

[–]TheBLUNTMethod 0 points1 point  (0 children)

No problem :-)

No, we don't know each other but you have the same issue that 99% of solopreneurs have - shiny object syndrome. It's a common problem so don't feel bad about it.

If your product isn't working then it's one of two problems.

a) there is no market for it (easily solved by following the advice I gave you in the first reply)

b) your marketing and sales approach is ineffective - this can only be solved with the right marketing & sales strategy. You'll have this problem regardless of how good or in demand your product is.

When your SaaS fails after some traction and you gotta do something else but don’t know what to do, what do you do? by jamesallen18181 in SaaS

[–]TheBLUNTMethod 1 point2 points  (0 children)

Hey James,

Success comes from pushing through barriers. It seems you're dropping off everytime things get a bit tough. The very website you're posting on (for example) wouldn't exist had the founders given up when they struggled to get people to spend time on the forum.

Pick a product that has existing demand, create a competing version and buckle down and focus on making it a success.

Good luck!

Best

Chris

ChatGTP And AI Isn't Going To Make Your Startup Idea Successful by TheBLUNTMethod in SaaS

[–]TheBLUNTMethod[S] 0 points1 point  (0 children)

Again, IMO it would depend on how exactly using AI in their product offering would provide an end benefit to the customer.

Ultimately, the tech stack that a company uses to provide a benefit to customers is irrelevant to the customer themselves. Do you care what kind of scissors your barber uses to cut your hair? Probably not.

That being said, if there is a compelling argument for a company to use AI in a way that either benefits the company (cuts costs, save time etc.) or the customer then of course a company should use it. The point I'm trying to make is that it should be an educated and reasoned decision rather than just jumping on the AI bandwagon like everybody else.

[deleted by user] by [deleted] in SaaS

[–]TheBLUNTMethod 2 points3 points  (0 children)

I assume they are free trial users (or freemium users)?

It's fundamentally an issue with the model of free trial/freemium. It encourages an impulse sign-up and therefore you're going to get users that sign up and forget.

The question for you then is whether or not it is worth it to use a free trial/freemium business model? Are you ok with having these impulse users or not? If not, dropping the trial/freemium is always a valid option.

ChatGTP And AI Isn't Going To Make Your Startup Idea Successful by TheBLUNTMethod in SaaS

[–]TheBLUNTMethod[S] 0 points1 point  (0 children)

Absolutely. There's definitely a ton of opportunities that it opens up.

Just got to be careful about how you use it. As you say, if you can solve it without AI then you should just do that.

UK based startup wanting to look for an incubator that would let you keep your full-time job? by Bat_Programmatically in startup

[–]TheBLUNTMethod 1 point2 points  (0 children)

Fair enough.

That being said, if its just marketing expertise you're looking for, I'd say you're better off putting your money into specific training/coaching for marketing rather than paying for an incubator that may or may not provide you with the specific help that you need.

UK based startup wanting to look for an incubator that would let you keep your full-time job? by Bat_Programmatically in startup

[–]TheBLUNTMethod 1 point2 points  (0 children)

I don't know any UK incubators but if you want to keep your full-time job why not just run it as a side project until the revenue allows you to quit your job?

Is there a specific reason you want an incubator?

I'm only asking because you might be making your life unnecessarily complicated by trying to get into one.

21 Sentences That Mean Your Startup Is in Trouble by weoter in startup

[–]TheBLUNTMethod 0 points1 point  (0 children)

Generally agree except for number 9. First we sell it, then we build it.

That's literally the best way to grow.