Avoid These BIG Risks When Building SaaS (Wish I Knew This Sooner)

I wish I knew this sooner... Avoid these mistakes when starting or building your SaaS business. Building a SaaS business can be exciting and profitable, but it's important to be aware of these major risks that can quickly derail your success.
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Welcome to MicroConf - Where Independent SaaS Founders Launch, Meet, Learn, and Grow! MicroConf is the world’s most trusted community for bootstrapped SaaS founders.
MicroConf is a community of SaaS founders that brings together bootstrapped and independently-funded B2B SaaS companies who are not looking to chase “unicorn status'' or venture capital.
We provide SaaS training, education and networking opportunities for other founders who are pre-product, focused on scaling their business, and looking for an exit strategy.
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[@draido-dev]

the real problem with me isn't about making the product, but is to get customers, that's why im doing marketing before even write a line of code and instead building an email list

[@laviray5447]

How do you do the marketing? Do you run ads? And how do you market a product that isn't build yet?

[@draido-dev]

@@laviray5447 i like lowering the risk, i won't pay for ads, instead i just have a subdomain on my saas where i write blog about the saas niche, like, im having a tool to automate youtube channel with bots, and i write blogs about how to automate your youtube channel & best tools etc, free organic traffic, and when people check the website and see something like BETA and early access things, they enter the waitlist directly, just work a little bit on seo and don't focus on one keyword, do a little bit of off-page optimization via writing blogs in other platforms, or even just social media, good luck, just do some plans and know what you are doing

[@MicroConf]

Watch this video, it might help: th-cam.com/video/QviDwsMLXb0/w-d-xo.html

[@Someone-ct2ck]

Keep going, Rob. Watching you from Somalia. I have found your channel this month and I am enjoying it.

[@draido-dev]

why not going to pirate business? :)

[@MicroConf]

Awesome. Thank you for watching.

[@AdrianMark]

Can I just say how much I enjoyed your lucid and concise explanation of this subject. I especially found your analysis of search intent and Google to be really excellent. Thank you so much for making this video. Grateful to have found your channel.

[@MicroConf]

Wow, thank you! Welcome aboard!

[@pokepatt]

Thanks for your videos. That helps us avoid the hard way of learning

[@MicroConf]

Glad you enjoy them.

[@smart-sg5cs]

hey i think this is your best video in whole of your playlist u have nailed it quite right
thanks for sharing such a critical information in such a simpler way for founders like me who are trying to start thier micro saas

[@MicroConf]

So nice of you, glad it was helpful!

[@Umarbit]

I would love it if you would be an entire course with a step-by-step guide on how to make a small saas, host it and market it.

[@ray-mc-l]

buy his book i guess

[@blasterzm]

There are a few courses on micro saas, but what they are not telling you is that there’s no step by step, every one is unique and you have to try and fail over and over again

[@slaloutsos]

This is underrated you deserve more

[@BensTechLab]

I’ve definitely engineered a better mouse trap before with too little effort on sales which doesn’t work! The successful companies I’ve worked for are somewhere in the neighborhood of 60-40 ratio of engineering to sales.

[@lanero9]

so much wisdom here...thx

[@MicroConf]

Thank you!

[@roastmysite]

I once read a medium blog post saying you should focus on bottom of the funnel content when starting out. So that would more or less equal the "Solution Aware" stage and onwards. What do you think about that approach? Focusing on sales ready traffic first before trying to educate people?

[@irsyadilham]

This is gem...thanks

[@MicroConf]

Thank you for watching.

[@litDevYT]

Thanks

[@MicroConf]

Thank you for watching.

[@anasouardini]

I'd love to see your videos on odysee bro; love your content.

[@MicroConf]

Thank you!

[@andrewmartin2341]

Hey I have a question. I notice you've never (to my knowledge anyway) covered terms of service and privacy policies in any of your videos. Is this topic not a big deal or not pertinent when it comes to building a SaaS, or are there some videos you would recommend on the subject?

[@MicroConf]

I’m not a lawyer, so I cannot give specific advice on this. That said, in the early days, for most businesses, the founders use boilerplate verbiage. At a certain point it becomes worth hiring an attorney for custom terms (which are really just boilerplate terms they edit). It’s all about your risk tolerance as to what point you spend the money to have this done right.

[@andrewmartin2341]

@@MicroConf great, thank you very much.

[@jedleton]

Thanks for the upload

[@MicroConf]

Thanks for watching.