How To Create Million Dollar SaaS Ideas (Step-By-Step Strategy)
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- Опубліковано 11 тра 2024
- If you’re looking to start a SaaS business, you may be on the hunt for a great SaaS idea maybe even that Million Dollar SaaS idea.
BUT SaaS is crowded and the stakes are higher than ever to win so how do you go about picking the right idea and winning in SaaS? On today’s Unstoppable Sunday episode, I’m going to dig into the 3 steps that I’ve followed over and over in my last 15 years in SaaS to pick SaaS ideas and drive them to initial revenues, product market fit, and beyond.
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10-Point Checklist to Starting and Accelerating Your Path to Product Market Fit👇
-- tkkader.com/yt/saas-checklist...
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Share this video with a friend: • How To Create Million ...
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PLAYLISTS TO WATCH NEXT
1) SCALE AND GROW YOUR SAAS STARTUP WITH AN UNSTOPPABLE GTM
Playlist: Unstoppable Sales Funnel - • Creating a SaaS Sales ...
Playlist: Startup Growth Hacking - • Startup Growth Hacking...
Playlist: SaaS Startup Tips - • How I Would Start a Sa...
Playlist: Get Your Saas Business to Product-Market Fit - • Ideal Customer Profile...
2) CREATE AND EXECUTE ON AN UNSTOPPABLE STRATEGY FOR YOUR STARTUP
Playlist: Startup Planning & Strategy - • Strategic Planning for...
Playlist: Find Investors and Raise Capital - • How to Create a Startu...
3) QUITTING YOUR JOB AND STARTING A SAAS BUSINESS
🎥 Playlist: How to Quit Your Job & Start a SaaS Business - • Quitting Your Job to S...
🎥 Playlist: Best Jobs in Your 20s & How to Navigate a Career Change in Your 30s - • Best Jobs In Your 20s ...
4) RUN YOUR LIFE LIKE A PRO ATHLETE TO MANAGE FOR BURNOUT AND DRIVE PEAK PERFORMANCE AS A STARTUP FOUNDER
🎥 Playlist: Be More Proactive in Life - • How to Be Proactive in...
🎥 Playlist: Burnout Prevention & Recovery - • How To Avoid Entrepren...
🎥 Playlist: How to Deal With Sunday Scaries - • How to Overcome the SU...
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WHO IS TK? AND WHY DID HE START UNSTOPPABLE? 👇
• The TK Unstoppable Story
^^ How I quit my finance job, built, scaled, and sold a venture-backed startup, and then helped sell the company that bought mine for $4.75bn. Here’s my crazy founder story.
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Thanks TK I really enjoy your videos and ideas and I'm doing a hardtech start up so not exactly aligned with your market (SAS) but I still get amazing things out of your work.
Plus you have such a positive attitude Thank you!
Glad to help!
TK, such great advice for free! It's insane! A big thank you for doing this.
Glad it was helpful!
My man for life, thanks TK.
Any time!
Yes. TK you're good at it
🙏🏼
very articulate and clear as always. Thanks TK
So glad to hear!
Great content TK.
Really glad you’re getting value!
awesome tips, thanks TK
You bet!
Tk is great ❤
🤗
Emphasizing the importance of both market validation and competitive analysis early on can significantly reduce risk and guide strategic decision-making. 🚀
Boom!
Great intro and the audio quality is on point! I really enjoyed the content you covered. Just one suggestion - the video thumbnail is horrible. Instead of using handwritten notes for visuals, have you considered creating digital animations? Even something simple like a digital whiteboard
YES !
🙏🏼
This is good
Glad you enjoyed it!
Gave you the 200th like cos this video is very much educating.
Please, how can we become saas founders without code. I learned I can use the reseller right to acquire one, but is that enough?
Yes
🙏🏼
yes!!!
🙏🏼
yes
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Great stuff, awesome. The new area of no-code like Plasmic and build ship, flutterflow (I think) and toddler (I think) for example combine the best of both worlds, no-code plus code combo, full code control and export unlimited code customization inside the tool so no limits on flexibility etc, yeah there are very few so what you said generally abut not using no code is generally true for most of them but people should watch out for the special ones like this to help them help you get a head start knowing it wont hold them back later. Buldship with its AI natural language generated api connections is awesome, seen nowhere else and each node can be custom code for backend and so easy to use, plasmic is really uniuqe as well and flutterflow well its well known for reason its great for FE, thats bout all id consider currently
TK, are there any in person groups that i can join before start working on my idea? This video is very helpful but i have a question should i talk to people before even having the v0 of the product?
Those people (well, developers) still reluctant to no-code nowadays are similar to the folks (well, developers) reluctant to build on libraries and frameworks because they wanted to do it all by themselves in the 90´s, (mostly because they learnt machine langage at university). I remember they were on Linux computers. Nowadays advanced nocode tools (ie bubble) have reached a level where only some few nerds could tell how it was built. Regardless of the building blocks, an app needs to have a market fit, that’s essential.
I love all of your videos mate.
I just have to ask on one thing. The talking to 100 people to get 1 customer. In b2b, i cant forsee 100 companies giving you the time of day, how in the world would you do that?
What if you only have 150 customers in your whole market but closing them all is equal to $50mil mrr?
150 total market size, $50M MRR market is a $600M market. So each customer will spend roughly $4M with you. To close a $4M deal, you'll likely have to talk to 10 to 50 people just within each customer since those large purchases are made through consensus buying.
Are you saying platform like bubble Io don’t scale ?
Hard to build something in Bubble that'll compete in the market for true SaaS offerings.
Ok, it's $83,000 per month to make 1M a year .... BEFORE TAXES😅😊