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I know a friend who did something similar in a 'crowded' SaaS market. He thought it will take him 6 months to make a hundred grands an year - it took him 3 year
by sonink 9y ago
I know a friend who did something similar in a 'crowded' SaaS market. He thought it will take him 6 months to make a hundred grands an year - it took him 3 years, but he kept at it.
Now it makes a few hundred grands an year to pay for his nomad vacation lifestyle and he has hired help to grow.
I think growing an existing SaaS is one of the safest business to build online. The market is already proven and you will find a niche over time even if it is not pricing. The most important thing - dont die.
- AJ007 9y agoI think your answer is the best so far. Making blanket statements about it being a good or bad idea isn't very helpful. The OP made a very generalized questions with almost no detail. Certainly not enough to provide much of any helpful advice. However, ultimately it is going to be dependent on how interested the developer is in making it work and their timeframe. Underestimating how much time and resources even the simplest of projects require is common - and that is if your management skills are really good.