Probably you're already guilty of one or more of these 5 SaaS F*ckups (I know I am 😬). Hopefully, this video helped with a bit of clarify on some of these. Next up ➝ How To Reach $1,000 MRR in 30 Days Watch this: kzfaq.info/get/bejne/pNmdataYuLioaGg.html Join +19K other entrepreneurs and creators in my bi-weekly newsletter. ✉ NEWSLETTER ‧ simonhoiberg.com/newsletter Be sure to hit the like button on the video if you got value from it 🚀 Talk to you in the comments.
@dmiradakis Жыл бұрын
Might be your best yet. Hilarious intro, but honestly the end portion - where you open up about your past failures - is the best part. Your openness is invaluable, I feel like I’m listening to a real person.
@SimonHoiberg Жыл бұрын
That was a lovely comment! Thank you for that, Danny. Very happy to hear that 🙏
@GrowWithWill Жыл бұрын
Agree with #5. Marketing is a must as well as a plan to scale further with time. Thanks for this!
@SimonHoiberg Жыл бұрын
Awesome! Glad you liked it 🙌
@biroutard Жыл бұрын
You nailed the intro!
@SimonHoiberg Жыл бұрын
Haha, thanks man 😁
@ianmukunya Жыл бұрын
In my first startup i definitely made mistake number 5. I learnt the hard way that this notion of "build it and they will come" maybe only works for shopping malls but rarely for SaaS products.
@SimonHoiberg Жыл бұрын
It's a classic!
@eddiejaoude Жыл бұрын
That was the BEST video intro EVER Simon!!
@SimonHoiberg Жыл бұрын
Haha I'm so glad you liked it, Eddie 🤩
@KylePrinsloo Жыл бұрын
Prob one of the best intros I've ever seen 😂
@SimonHoiberg Жыл бұрын
Hahah thank you, brother 😂 Pretty experimental, but I had fun making it....
@kristianjensen5877 Жыл бұрын
Man, the intro hits so close to home regarding my current employment situation that it's not even funny.
@SimonHoiberg Жыл бұрын
Haha 😅
@MichaInMN Жыл бұрын
With tons of failures under my belt, I'm so glad I found your channel. Great video, thanks Simon!
@SimonHoiberg Жыл бұрын
That's awesome 💪
@davidu.5257 Жыл бұрын
Hey Simon, great video and very good tips as always! I wonder if you could elaborate on your statement about not outsorcing the parts you aren‘t good at? Maybe an idea for a new video? Thanks! ✌️
@SimonHoiberg Жыл бұрын
Thanks! And yes, that is actually a good topic for another video. In short: I'm all in for delegating work - but make sure you have a good grasp and experience yourself with what you're delegating first.
@dcts7526 Жыл бұрын
Love the video, well edited and super valuable insights, much appreciated! but Id like to remark, building tons of new products quickly and "playing the lottery" is so much more fun for technical founders. It keeps you exploring and especially learning a huge amount in short time. I think the boost in motivation can be worth taking that approach.
@SimonHoiberg Жыл бұрын
Fair, that's a valid point 😄
@catalinmpit Жыл бұрын
What an intro, haha. 😂 You’re taking it to the next level. Nice vid!
@SimonHoiberg Жыл бұрын
Haha glad you like it, my friend 🤩
@12centuries Жыл бұрын
Simon. I love you. I'm giving you 5% of whatever I develop. Great content, fantastic production, amazing content. You're definitely going to the top.
@SimonHoiberg Жыл бұрын
Haha, thank you so much 😁
@B.K. Жыл бұрын
love your videos, please keep them coming
@SimonHoiberg Жыл бұрын
I'm glad to hear that 😄
@samanjachowdhury2423 Жыл бұрын
Simon, this was the most effective video ever.
@SimonHoiberg Жыл бұрын
Awesome! Really happy you got value from it 💪
@codemoor Жыл бұрын
That was the best one of the best videos on KZfaq for startupers full of information thank you so much for sharing
@SimonHoiberg Жыл бұрын
Thank you so much! 😁 I'm glad you got value from this!
@taylorjackson3691 Жыл бұрын
This editing is top notch 🔥
@SimonHoiberg Жыл бұрын
Thanks a lot 🙌
@sevimsoffice Жыл бұрын
hahah I even felt sorry for you 😄 that intro was really real😅
@SimonHoiberg Жыл бұрын
😅
@codinginflow Жыл бұрын
That intro 😂😂 👌 you're the best
@SimonHoiberg Жыл бұрын
Haha, thanks man 😁😂
@Swampkings Жыл бұрын
Definitely giggled at the intro
@SimonHoiberg Жыл бұрын
Haha I'm happy to hear that 😄
@osamanouman4219 Жыл бұрын
Your content is the best. thank you for your valuable information.
@SimonHoiberg Жыл бұрын
You're most welcome, Osama 💪
@clintongallagher Жыл бұрын
I got to get this dude out of my head. He's killing me.
@saumyaranjannayak2101 Жыл бұрын
This is a beautiful video !
@SimonHoiberg Жыл бұрын
Thank you 😊
@theycallmeken Жыл бұрын
Fire intro ! 😂
@SimonHoiberg Жыл бұрын
Thanks 😂 Glad you liked it!
@tunisiaFANS Жыл бұрын
Like for the background music xD Feeling hyped :D
@SimonHoiberg Жыл бұрын
Haha, thanks 😁
@afroplug Жыл бұрын
Sheesh the intro 😂🔥😎
@SimonHoiberg Жыл бұрын
Haha glad it worked 😂
@johnnybass14 Жыл бұрын
Simon, you've gotta study the Indian market, I'm more than confident that you'll unearth a dearth of new data! India's a weird market, unlike EU/US/AU.
@bobbyjonas2323 Жыл бұрын
Your videos are amazing! I've been seeing them pop up on my feed lately and I'm just HOOKED! I'm currently building my own SaaS. It's a chat site called Musique where you can watch KZfaq with others in ANY room and your videos provide extreme value to me. Thank you so much! You have gotten a lifelong fan! :) If Musique gets popular, I will definitely let you know!
@SimonHoiberg Жыл бұрын
Yay, that's awesome 🤩 Yes! Please do let me know.
@bobbyjonas2323 Жыл бұрын
@freddylsx. Yo Simon imposter.
@tamarschirman4442 Жыл бұрын
Great video and I loved the intro. Just curious why you think outsourcing the weak spots is a trap?
@SimonHoiberg Жыл бұрын
It's a great question! Check this short podcast episode with Kyle Prinsloo - I comment on this topic here: open.spotify.com/show/27oYFuQyf6VZ18bKP0ffPB
@Kris-to7vh Жыл бұрын
What a great intro 😂😂
@SimonHoiberg Жыл бұрын
Haha thanks 😂
@AmeerSameerKhan Жыл бұрын
Calling a spade a spade ❤️ great video!
@SimonHoiberg Жыл бұрын
Thank you, Ameer 💪 Glad you liked it!
@theroadsideinvestor Жыл бұрын
Naaaah. The into got me hooked!! Lol
@SimonHoiberg Жыл бұрын
Hahah nice 😁
@BhargavPonnapalli Жыл бұрын
This intro kicks!
@SimonHoiberg Жыл бұрын
Thanks man 😁
@miloudbouchefra200 Жыл бұрын
There was a shark tank video right below this video and I thought that I clicked on the wrong video.
@SimonHoiberg Жыл бұрын
Haha nice 😅
@grandesalvini Жыл бұрын
this buhl is goated
@SanthoshKumar-ev7oe Жыл бұрын
Please create a video for SaaS GTM for companies focused on selling to enterprises! there’s no content available on this. Cheers!
@SimonHoiberg Жыл бұрын
That's a nice topic! Thanks for the suggestion.
@Turkez Жыл бұрын
I just can't understand how these companies can make so much profit with SaaS that are sold at subscriptions of $19-$99 per month. I have tried to sell several cheap products and subscriptions on the internet, with several different marketing strategies, and I invested up to $100 a day, and many times I didn't even make sales. In my mind, it is impossible to profit from cheap SaaS subscriptions by spending on ads, unless it is organically or by charging high ticket subscriptions. If someone can clear my mind, I would appreciate it, and it would make me go ahead with my idea of creating a SaaS.
@erdaltellipro Жыл бұрын
Technical people 😅 soo true! 11:24
@SimonHoiberg Жыл бұрын
Haha 😅
@peterkortvel Жыл бұрын
a super strong video thanks! I think I found myself in one of those :D
@SimonHoiberg Жыл бұрын
Thank you! I think we've all been there 😁
@ega.nocode Жыл бұрын
Our product are sold well on enterprise and government. But when we convert it to B2C SaaS, It was not as good as B2B. Our product is a low code solution that sync to legacy app. Anyone here who wants to be part of our team or maybe a co-founder that know SaaS well are very welcoming.
@aberba6 ай бұрын
What is it about?
@danielnoworyta Жыл бұрын
Gr8 job Simon :)
@SimonHoiberg Жыл бұрын
Thanks a lot 😁🙌
@robinvandelft9881 Жыл бұрын
wow that intro got me
@SimonHoiberg Жыл бұрын
Thanks, haha! 😁
@aghileslounis Жыл бұрын
I mean this video makes me think building a SaaS is very hard especially as a technical person, I have no idea on marketing, building a brand and promote it...., it's right if my SaaS somehow perform is like winning the lottery is pure random chance, I probably need co-founders with differents skills than mine
@SimonHoiberg Жыл бұрын
I wouldn't say random chance, but it's a very uncertain space! No way around it.
@robrita Жыл бұрын
looks real!! hilarious 😂😂😂
@SimonHoiberg Жыл бұрын
Thank you, brother 🤩
@jhadesdev95762 ай бұрын
Thank you for sharing Simon. For marketing, do you have an in-house marketing assistant to help you, do you run all the ads yourself, or use an agency? If you hired someone, what type of person do you hire on Upwork? I tried but only found professionals looking for one and done jobs, a lot of scammers on the SEO side that just send you a ton of printscreens with no analysis. I end up doing those things mostly myself, haven't found a way to find reliable collaborators for marketing yet. any tips on how to do that?
@quentin-tarant Жыл бұрын
Really love your vids Simon! (Nothing to do with the video, but is your native language Danish or something?)
@SimonHoiberg Жыл бұрын
It is! Haha, nice spotted 😁 Normally, only other Danes can spot where it's from.
@kristopherleslie8343 Жыл бұрын
Love the intro
@SimonHoiberg Жыл бұрын
Thanks 😁
@kristopherleslie8343 Жыл бұрын
@@SimonHoiberg everyday I look forward to your videos thank you for being amazing
@mateuszwozniak4746 Жыл бұрын
May I ask you about where to do marketing? Pay ads on Google? How do you market feedhive? I see on similarweb that paid traffic is very small
@SimonHoiberg Жыл бұрын
I got you 💪 Right here → kzfaq.info/get/bejne/er6pjZt1xrWxgIU.html
@mateuszwozniak4746 Жыл бұрын
@@SimonHoiberg Oh, so you are advertising for example in Google. What percentage do you spend to ads from MRR? It is like 30% of MRR?
@leslie8 Жыл бұрын
You're the best 😂❤
@SimonHoiberg Жыл бұрын
Thanks 😁💪
@Ovidiu-Matei Жыл бұрын
Hey! Here’s a friendly advice from a YT consultant. Stop the J cuts and do normal cuts. You’re doing really great in everything, and I really appreciate your content, but oh man, those Js…
@SimonHoiberg Жыл бұрын
Thanks! I kinda like them, though. Without them, the cuts get kinda "stumpy." But feedback heard, of course 😊
@Ovidiu-Matei Жыл бұрын
@@SimonHoiberg I've noticed them from the very first video I saw from your channel. On the first cuts, I said interesting, but til the end of the video, they became annoying. I'm giving you this advice because I am really conscious of the amount of effort you're putting in to create these videos, and this is my value I can offer in exchange for the one you provide. J cuts usually work on more cinematic videos, storytelling, when you have lots of b-roll coming in & out. On talking heads, it's a bit akward because you see the person talking, then stopping, making a pause, and oftenly that pause is longer than the general viewer expects, making it a lil unnatural. Ps. I have 6 years of yt experience and looking to build a SaaS within this niche. Wish me luck!
@hamburgerplant Жыл бұрын
Value value 🎉
@SimonHoiberg Жыл бұрын
I'm happy to hear that!
@MarynQ Жыл бұрын
How long should you wait for a first customer to validate your product/ to know to move on to another project?
@SimonHoiberg Жыл бұрын
It's very hard to give an exact answer. It's highly contextual.
@12centuries Жыл бұрын
Also, where can we get that juicy pricing spreadsheet?
@SimonHoiberg Жыл бұрын
I'm going to have this included in an upcoming course I'm launching 😊
@12centuries Жыл бұрын
@@SimonHoiberg Where is the sign up page? You know, I've seen plenty of "How-to SaaS" stuff for sale, but you have such a distinctive authenticity while simultaneously being entertaining. Whatever you're selling, I believe that you can deliver. So I'm in.
@x2TruNation Жыл бұрын
Hey Simon, I'm looking to avoid a fuck up of my own, for instance I want to make sure my API security is to a great standard before I launch. How are you securing your applications, for instance are you using JWT? OAuth? Would love to see what you are doing with your SaaS products. Cheers
@SimonHoiberg Жыл бұрын
Security is super important - and it's also important to *not* attempt implementing security modules yourself if you don't know what you're doing! I don't - for example. So I use AWS Cognito for authentication, DynamoDB to securely store data, AWS API Gateway to handle secure API connections, Stripe to handle payment, etc.
@x2TruNation Жыл бұрын
Awesome, I really appreciate the reply and can see you’re a huge fan of using the AWS services, I’ll take a look into this as it would be less work on my side if i used these too :)
@aberba6 ай бұрын
Are you offering an API like stripe does or do you mean an internal API for your mobile app for example? API as a Service involves using an API secret with whatever API key validation like stripe,etc. For the Internal API, any of the above mentioned is fine. JWT is stateless, Oauth, isn't
@anawesomejourney1198 Жыл бұрын
But if we launch an idea quickly to test the market what is a good way to avoid what happened to Danny and levels with Lensa from happening to us since we are starting from the bottom street level as far as capital goes. I don't mind competition but they got blasted off the planet in a way that one hopes one could avoid or is that wishful thinking?
@SimonHoiberg Жыл бұрын
That's always a risk. Whether you go to market fast, or after a long time of building, competitors might come. But if you go to market fast, at least you're not potentially wasting a lot of time building something no one wants.
@anawesomejourney1198 Жыл бұрын
@@SimonHoiberg Wow that's so true but what do companies like Snapchat do to cause Facebook to want to buy them instead of just replace them right out of the gate
@FinancialConsultdotcodotza Жыл бұрын
I have formulated a Unicorn SaaS idea and looking for Co-Founders with exceptional coding skills, but you're probably too busy with yours already
@SimonHoiberg Жыл бұрын
Well, mostly, I don't bother with unicorn ideas. Calm and realistic SaaS business instead, please 🙌
@FinancialConsultdotcodotza Жыл бұрын
@@SimonHoiberg thank you for your response. I'm older than 40, been involved in multiple industries and with great success and enhanced my business background with a multitude of skills. I'll continue my search for those individual with a drive for industry revolution. Already have a billionaire buyer who would be interested in buying once it shows traction.
@igorbeaver4692 Жыл бұрын
Why not MaterialUI as a library for design?
@SimonHoiberg Жыл бұрын
You could do that as well.
@luavasconcelos1637 Жыл бұрын
Hey Simon I am learning a ton on micro saas and no code from you. I hope it is ok I make content based on it. I will give credit
@SimonHoiberg Жыл бұрын
Of course it is, Lua! I'm happy you're learning a lot here 🧡
@mr.random8447 Жыл бұрын
Isn’t lean startup implemented by Agile Scrum?
@SimonHoiberg Жыл бұрын
Not exactly. But they share a similar philisophy.
@felixdziekan7335 Жыл бұрын
Jup I'm still building but I'm using it already too... that's a good sign right? Plz tell me I'm right, if I'm not plz lie to me 🤣🤪
@SimonHoiberg Жыл бұрын
Hahaha 😂
@chrisbenn Жыл бұрын
Why and how is outsourcing a trap?
@SimonHoiberg Жыл бұрын
It's not a trap in itself. But outsourcing something you don't know anything (or very little) about is the trap.
@chrisbenn Жыл бұрын
@@SimonHoiberg Thank you for the reply and Ahh ok :) But is that not the point of outsourcing? If you outsource something you know - do you not lose a lot of value you got from learning the thing?
@jonathanjacob5453 Жыл бұрын
That background music is so annoying. It sounds like a heart attack feels.
@SimonHoiberg Жыл бұрын
Sorry, man 😬 I guess I never actually tried a heart attack, so I wouldn't know...
@jonathanjacob5453 Жыл бұрын
@@SimonHoiberg sorry just it's just my opinion. Great content though.