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Nicely summarised steps. We went through the exact same process to launch our business. Tip: If you want to spend less than a $1000 bucks and launch even faster
by fairpx 9y ago
Nicely summarised steps. We went through the exact same process to launch our business. Tip: If you want to spend less than a $1000 bucks and launch even faster, start with a service instead of a product. That's pretty much exactly how we launched our business. Took us less than a $100, and grew to $10k/mo relatively fast.
I wrote a tiny [1] summary about it on Reddit last week
[1] [https://www.reddit.com/r/Entrepreneur/comments/6wz5d5/10kmrr_in_3_months_i_have_nothing_to_sell_you/ https://www.reddit.com/r/Entrepreneur/comments/6wz5d5/10kmrr...]
- justboxing 9y ago> If you want to spend less than a $1000 bucks and launch even faster, start with a service instead of a product. Took us less than a $100, and grew to $10k/mo relatively fast. Agreed. SaaS, done right, makes money while you sleep.
- fairpx 9y agoTotally. However, when you start as a service, you can quickly get cashflow and use that money to self fund your saas dev. Once your SaaS starts growing you can decrease and maybe at some point kill the service part of the business (or keep it around as a premium upsell). It's the best way I know to bootstrap a business without having to live on ramen.