Mr.SaaS
Regular Member
- Aug 8, 2021
- 224
- 87
I Love SaaS.
The allure of starting a SaaS business is more compelling than ever. With its recurring revenue model and potential for high revenue multiples upon exit, SaaS is arguably one of the most worthwhile businesses to start.
Just look at this example:
https://www.bloomberg.com/news/arti...in-latest-fundraising?leadSource=uverify wall
Podium has developed a simple SaaS to help small businesses (plumbers, electricians etc) to modernize customer interactions, such as messaging and customer feedback, and improve their online reputations.
The company is now estimated to be worth $3 billion...
There are many more examples just like Podium, we have AI writers like Jasper, Writesonic and Rytr etc
Jasper's last raise gives them an estimated $1.5 billion valuation.
My SaaS Journey
I'm helping small local business owners, accountants, dentists, chiropractors etc with their marketing!
I leverage simple systems and automation tools to remove a lot of human error to consistently get them more leads, win them more clients and ultimately get them more money. And for the marketing services I provide for them, I charge them anywhere from $300-500 per month.
But wait, normally people say you need to be charging $1500-2000 per month for digital marketing services and that way you only need 5 or 6 clients, and your right, most online gurus do say this, but actually, most of the online gurus aren’t actually running their own agencies and they haven’t had to deal with the extra work of getting clients to stick at $2000 a month...
Small local business owners can’t afford $1500-2000 per month every month…
Churn rates for agencies charging these rates are extremely high. Trust me, I've worked for a few of them.
That’s why we can set up software and systems to scale our business so we can remove ourselves from spending hours and hours in the business and leverage these simple services we set up once and then charge $300-500 per month, every month which is much more sustainable for everyone.
$300-500 is actually affordable for most local business owners.
And you can afford it too, because we are leveraging software rather than your time as a service.
So how can you get started in SaaS?
Here are three popular routes you can take to launch your SaaS venture: Learning to code, leveraging no-code tools, or hiring professionals (freelancers or agencies).
Hopefully, reading this has been a lightbulb moment for some of you. If you're interested or want to know more, feel free to comment with any questions, I love talking SaaS!
Thanks for reading!
The allure of starting a SaaS business is more compelling than ever. With its recurring revenue model and potential for high revenue multiples upon exit, SaaS is arguably one of the most worthwhile businesses to start.
Just look at this example:
https://www.bloomberg.com/news/arti...in-latest-fundraising?leadSource=uverify wall
Podium has developed a simple SaaS to help small businesses (plumbers, electricians etc) to modernize customer interactions, such as messaging and customer feedback, and improve their online reputations.
The company is now estimated to be worth $3 billion...
There are many more examples just like Podium, we have AI writers like Jasper, Writesonic and Rytr etc
Jasper's last raise gives them an estimated $1.5 billion valuation.
My SaaS Journey
I'm helping small local business owners, accountants, dentists, chiropractors etc with their marketing!
I leverage simple systems and automation tools to remove a lot of human error to consistently get them more leads, win them more clients and ultimately get them more money. And for the marketing services I provide for them, I charge them anywhere from $300-500 per month.
But wait, normally people say you need to be charging $1500-2000 per month for digital marketing services and that way you only need 5 or 6 clients, and your right, most online gurus do say this, but actually, most of the online gurus aren’t actually running their own agencies and they haven’t had to deal with the extra work of getting clients to stick at $2000 a month...
Small local business owners can’t afford $1500-2000 per month every month…
Churn rates for agencies charging these rates are extremely high. Trust me, I've worked for a few of them.
That’s why we can set up software and systems to scale our business so we can remove ourselves from spending hours and hours in the business and leverage these simple services we set up once and then charge $300-500 per month, every month which is much more sustainable for everyone.
$300-500 is actually affordable for most local business owners.
And you can afford it too, because we are leveraging software rather than your time as a service.
So how can you get started in SaaS?
Here are three popular routes you can take to launch your SaaS venture: Learning to code, leveraging no-code tools, or hiring professionals (freelancers or agencies).
- Learn How to Code
This path can be incredibly rewarding and beneficial in the long run. It gives you total control over your product and its development. However, it does come with a high learning curve and can be time-consuming, especially if you're starting from scratch.
- No-Code Tools (e.g., Bubble.io)
If you're looking for a quicker route to launch your MVP, no-code tools are a fantastic choice. They offer a lower learning curve and faster development. However, they're not without their limitations. Potential scalability issues and vendor lock-in are downsides to consider and you’re very restricted in terms of what you can build.
- Hiring a Freelancer or an Agency
If you have some extra cash or have recently exited a company, hiring professionals can be the quickest and most efficient way to get your SaaS up and running. You'll have access to experienced professionals who can bring your vision to life while you focus on other aspects of your business. The downsides? It can be costlier, and finding the right people to trust with your project can be a challenge.
Hopefully, reading this has been a lightbulb moment for some of you. If you're interested or want to know more, feel free to comment with any questions, I love talking SaaS!
Thanks for reading!