4 ms·
I think people get confused by the wide spectrum of businesses that the word "start-up" represents. You can't build a VC-backed 10-person B2B company as a side
by rsstack 4y ago
I think people get confused by the wide spectrum of businesses that the word "start-up" represents. You can't build a VC-backed 10-person B2B company as a side gig. You can build a small profitable SaaS business on a few hours a week.
- fer_momento 4y agoCorrect! I may have forgotten to include a disclaimer that I am only referring to first time builders, those who want to build a lifestyle business or just test the waters with a new product idea.
- enraged_camel 4y ago>> You can build a small profitable SaaS business on a few hours a week. Sure but that’s a wide spectrum too. How profitable? Do you want to make $200/mo profit, $2,000/mo or $20,000/mo? You can do the first with a few hours a week. The second, maybe if you’re lucky or have a wide network you can sell to. The last one? I doubt it’s possible with anything less than 20-30 hours a week, at least upfront.
- mehphp 4y agoThe second definitely doesn’t require luck. I built a $3k/mo app in a couple hours a day for a few weeks. People think it’s all luck because they build things just hoping someone will buy it and when they don’t “ah well, bad luck on this one”. Instead you need to find a problem people actually have first and then build something to solve that. Then its much more likely that someone will pay for that solution. It is not luck when you hear several people say something like, “I really wish it was easier to do x” and then you build a solution that makes doing x easier. It most certainly is luck if you just think of a random cool idea and it happens to be profitable.