Build a SaaS Product
Create a software-as-a-service product solving a specific problem for recurring revenue.
Overview
Building a SaaS (Software as a Service) product is one of the most scalable business models online. By creating software that solves a specific problem, you can earn recurring subscription revenue from customers worldwide.
How to Get Started
- 1Identify a problem worth solving by talking to potential users
- 2Build a Minimum Viable Product (MVP) quickly
- 3Launch on Product Hunt and Hacker News for initial users
- 4Implement a freemium or trial model to attract customers
- 5Focus on customer feedback and iterate rapidly
Pros
- Highly scalable
- Recurring revenue
- Build a valuable asset
- Solve real problems
Cons
- Requires technical skills or co-founder
- Long development timeline
- Customer support needed
- Ongoing maintenance
Recommended Tools & Platforms
Pro Tip
Start with a micro-SaaS solving a very specific problem for a niche audience. Smaller products can be built and launched by a single person and still generate $5-50K/month.
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