How To Find BRILLIANT SaaS Ideas
This is the story of my first SaaS product, Sigmetic.
The idea was BRILLIANT. But something didn't go as planned.
…Spoiler alert: It was an epic failure!
If I knew what I know today, it would have been easy to spot that the idea was absolutely worthless.
And that's what I'm here to share.
In this video, I will cover
🔸 The story of my first SaaS product
🔸 How to validate a great SaaS idea
🔸 3 tests you should put your idea through
Content:
0:00 How it all started
2:22 Channel welcome
3:23 The SaaS Triangle
3:43 Test 1: Dogfooding
5:38 Test 2: Is your problem worth solving?
7:58 Test 3: Can you afford your pricing?
11:46 What's next
#saas #business #startup
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Related Videos:
SaaS Metrics Explained – Everything Changed Once I Understood These
This Is The PERFECT Tech Stack For a SaaS Product
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Resources:
I've taken great inspiration from this amazing article:
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Love your style of storytelling Simon. And I think you’re doing pretty great now. Seems as if things worked…out…right? 😁
Thank you, brother 😍
And yes – things are going a bit better now. Learned the hard way, haha!
Yeah ☺️
The quality of these videos is so 🔥. Do you edit your own videos?
Thank you, Anurag 🙌 Truly appreciate it!
And yes – I edit them on my own 😊
Lots of hours spent in Adobe Premiere + After Effects (and some great tutorials on YouTube) to pick up enough skills to edit them nicely 😁
@Simon Høiberg that’s awesome
I’m about to launch my own SaaS in 2 weeks from now.. there’s a lot of traction from my target market.. I just need to polish onboarding and more end-to-end testing..
all this while having a full-time lead developer job 😅😅
I learned a lot from your channel and other similar channels and some startup blogs.
That’s amazing to hear 🧡
Thanks for dropping a comment to let me know – it means a lot!
Loved the video ❤️
Thank you Simon!
Thank you, Shreyas 🧡
Glad you liked it!
Such a valuable video, well explained, by such a charismatic personality
Aw, thank you so much 🤩
I’m happy you got something out of it!
Its a Movie Simon… I couldnt stop myself from liking the video and commenting to tell you this before even watching the complete video. I will move on to watch it now… I am sure it’s a blast!⚡
Haha awesome compliment, Swapnil 🤩
Thanks man! Glad you’re enjoying it 🙌
It sure was more than a blast… great efforts Simon! 🔥
Your videos are gold mine, loved your content
Thank you!! Glad you like them 🧡
I hope you enjoyed watching this video!
If you have other tests you put your SaaS idea through, I’d be eager to hear about it.
Pick this video up next and learn the most important SaaS metrics:
https://www.youtube.com/watch?v=EL6U2sPQ14o
Awesome and super informative video as always Simon 🙂
Looking forward to the next one!
Thank you brother 🧡
I think you will really like the next one! Stay tuned 🚀
What an excellent system for validating SaaS ideas! Thanks for sharing it! 😊
Thank you, Robert! 🔥
Really happy this was valuable to you!
Haha loved that intro! Valuable as always 👌🔥🔥🔥
Thank you, Mike!
I’m glad you liked it 😁
Great 👍 quality of content 😊 I like it
Thank you! I’m super happy to hear that 😊
I loved the content! Keep going 💡
Thank you 🧡
Glad you got something out of it!
How do you make your awesome thumbnails and promotional content? You are killing it and I would love to learn how you go about making such high-quality content!
Thank you, Brandon! Really appreciate it.
For the thumbnails I use Photoshop, and for video editing I use Premiere and After Effects.
And then I did a whole lot of tutorials on YouTube on how to make it all 😁
My first videos/thumbnails certainly did not look like this.
It has of course taken a lot of practice.
I’m from a marketing background and I’m learning to build a product, should I just focus on what I’m good at and find someone to develop or do both by myself?
If you have someone in mind who could be your technical co-founder, go for it.
But it’s really important that it’s a person you know well and have good collaboration with.
If not, I’d say it’s better to go for it yourself.
Check out various no-code solutions like Webflow, Zapier, Airtable. They can get you really far without having to do any coding.
Crazy! The feeling was exactly the same I got when i launched my first startup.
You are doing great work Simon. Keep doing.
Thank you 🙌
Is “dogfooding” always necessary? For example, what if the goal is to build a relatively simple CRM for a niche small business?
I spent about 6 months on an idea one time and it failed. It was a stock photography site/app where people could upload photos from their phone. I thought it was genius.
I had no idea the amount of legal stuff it would take for licensing (and also preventing copyrighted work from being uploaded). Model releases, property releases, parental releases, and all needed to be backed up legally. I basically needed to have a team of lawyers to make it work. Then you have to compete with shutterstock and istock. Impossible. Lesson learned.
You’ve got me hooked on your content and also get me even more excited about my idea!
Thank you Simon!
Thanks a ton, Stephan!
I’m super happy to hear that 😁
Your content and editing is dope