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If I Had To Start Over, Here's 3 Steps I'd Take to $1M+ Revenue

  Рет қаралды 42,711

MicroConf

MicroConf

Күн бұрын

Looking to turn your startup into a million dollar business? Well, If I had to start over, here's 3 steps I'd take to $1M+ revenue. Take these steps when starting a SaaS business because the stair step approach makes it more reliable to build a successful SaaS product.
Watch These Next:
Starting a SaaS Business? Here's Your Winning Go-to-Market Plan: • Starting a SaaS Busine...
16 Lessons I Learned Creating a Million Dollar Startup: • 16 Lessons I Learned B...
Top 10 Avoidable Mistakes SaaS Startups Make: • Top 10 Avoidable Mista...
Links from video:
2:57- List of SaaS Marketplaces- rocketgems.com...
5:50- Episode 612 of Startups for the Rest of Us- www.startupsfo...
9:48- Start Small, Stay Small- startsmall.com/
📈 SUBSCRIBE: www.youtube.co...
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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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Пікірлер: 58
@MicroConf
@MicroConf Жыл бұрын
The Stair Step Approach to Bootstrapping: www.microconf.com/stairstep
@aliabdaal
@aliabdaal Жыл бұрын
This is so useful 🎉
@madferretx
@madferretx Жыл бұрын
Like your videos. I'm up to 40k MRR in 4th year now. and I'm in the process of building another app. bootstrapped with only 2 founders
@MicroConf
@MicroConf Жыл бұрын
Nice work!
@huwfulcher
@huwfulcher Жыл бұрын
This video is absolute gold! It never occurred to me to see building smaller add-ons as a way to gain experience and build up to building an actual SaaS. I've had ideas in the past that I never get off the ground with because I'm too nervous/unsure on how to do all the things necessary apart from development.
@MicroConf
@MicroConf Жыл бұрын
Glad you found value here! Thanks for watching.
@mackintoshed
@mackintoshed Ай бұрын
Hope I'm not late to the party! I'm gonna start and try this one now.
@dang8807
@dang8807 Жыл бұрын
the difficult thing is finding a niche within each of these ecosystems, it can be hyper-competitive so it cuts both ways. It simplifies but that also lowers the barrier to entry, and it also restricts you to single features, then you're playing a feature war with others instead of differentiating yourself through your complete control of your positioning in a market.
@zacharyrgonzales
@zacharyrgonzales Ай бұрын
These videos are great!!
@sound_supply
@sound_supply Жыл бұрын
no more music throughout pls
@michaelbreazeale8652
@michaelbreazeale8652 Жыл бұрын
Yea it’s a bit too loud. May be ok if it was further in the background.
@joandrodriguez
@joandrodriguez Жыл бұрын
I watch YT videos at 2x speed and the backgroud music sounded like some deranged rave techno…
@adam23sp
@adam23sp Жыл бұрын
@Sean if you couldn’t finish the video you will not have what it takes to build a successful product 😂
@RobinHagg
@RobinHagg Жыл бұрын
Yes. Please.
@Shad0wMonkey5
@Shad0wMonkey5 Жыл бұрын
No I like the music in the background keeps me engaged
@captnoplan3926
@captnoplan3926 Жыл бұрын
Great content - as always! P.S not sure those Mr Beast style facial expressions on the thumbnail / preview fit your brand....
@voodoocobblestone8320
@voodoocobblestone8320 Жыл бұрын
Wow... This makes so much sence. I'm working on step 2 as I have a shopify app that can't grow past 3k-4k a month.
@MicroConf
@MicroConf Жыл бұрын
Thanks for watching.
@RobNorback
@RobNorback Жыл бұрын
Great video. Personally didn’t mind the music. Maybe a little distracting. I’ve done step 1 and 2 with small apps on the App Store. Curious if you have thoughts on what SaaS app to pursue with step 3. I know I’ve got to stick with it for a long time so I better like it!
@MicroConf
@MicroConf Жыл бұрын
Hey Rob, I can’t decide that for you, but you may consider running your ideas through my 5 P.M. Idea Evaluation Framework. Check it out in this episode of Startups For The Rest of Us: www.startupsfortherestofus.com/episodes/episode-628-the-5-p-m-idea-validation-framework
@baltin80
@baltin80 Жыл бұрын
hey Rob, I like your content but I think you need to rewrite or update your book Start Small, Stay Small. Some links don't work and I believe some beliefs related to podcasts has been changed. Cheers, Burak
@maksymriabov1356
@maksymriabov1356 Жыл бұрын
Hey, absolutely interesting video, I've never thought about launching something small first. The music is distracting, though. Make it something very silent or remove it entirely. The main point of your vids isn't the entartainment, it's the information ;)
@davidlakvold8380
@davidlakvold8380 Жыл бұрын
Love this content. Wise words from experience is excessively valuable. I've purchased two of the books. I'm Reading them and find them great.
@MicroConf
@MicroConf Жыл бұрын
Wonderful! Thank you.
@cloogshicer
@cloogshicer Жыл бұрын
Can you please elaborate on step 1? I'd love a detailed step by step guide only on step 1.
@josephaugustin5103
@josephaugustin5103 Жыл бұрын
I think the list of Saas marketplaces post he's linked to in the description - most of them should have detailed step-by-step guides on how to submit a plugin or add-on to those marketplaces. But I agree, I would love to know how Rob would go about deciding on what to create in those marketplaces, and if he would rely on organic search within those marketplaces, or do some external marketing.
@wisemintapp
@wisemintapp 10 ай бұрын
Pragmatic and transparent. Well done.
@MicroConf
@MicroConf 10 ай бұрын
Thanks! Glad you liked it!
@eyalgoren
@eyalgoren Жыл бұрын
This is a great video. Thanks Rob.
@MicroConf
@MicroConf Жыл бұрын
Thank you, Eyal.
@jdrago999
@jdrago999 6 ай бұрын
Great advice! Thanks for sharing your perspective.
@MicroConf
@MicroConf 6 ай бұрын
My pleasure!
@kaynesheenan
@kaynesheenan 7 ай бұрын
Fantastic video, Rob!
@MicroConf
@MicroConf 7 ай бұрын
Thanks!
@cassiojp
@cassiojp Жыл бұрын
You're a legend man
@MicroConf
@MicroConf Жыл бұрын
Thanks, Cassio.
@PetrPopel
@PetrPopel Жыл бұрын
thanks Rob
@veganboss93
@veganboss93 4 ай бұрын
Hey Rob, love your content! But do you think building plugins is still valid in 2024? I mean, isn't it almost everywhere very (over-)saturated? And how to market something in a marketplace?
@tarek7451
@tarek7451 Жыл бұрын
What an incredible advice!
@MicroConf
@MicroConf Жыл бұрын
Thank you, Tarek.
@adam23sp
@adam23sp Жыл бұрын
Hey Rob, after attempting to jump to step 3 with two of my projects and still making $0 ARR, I am going to use this plan and restart with step 1. The reason I’ve been reluctant to start with building in an App Store is because I’m not a user of any of these products (WP, Shopify, Salesforce, etc). Is being a user a requirement of building one of these add ons?
@MicroConf
@MicroConf Жыл бұрын
While not a requirement, it may prove helpful. You might pick an marketplace/app store that you have some interest in. Here’s a link to a blog post with 70 marketplaces that you might consider: rocketgems.com/blog/saas-marketplaces/
@DefinitelyNotAMachineCultist
@DefinitelyNotAMachineCultist Жыл бұрын
Teach me your ways, sensei…
@bramburn
@bramburn Жыл бұрын
hi Rob, I have a question or dillema, I've been working on a SAAS project, I've been doing the interviews, etc... and I was able to lock down the research and their pains. I am now working on prototyping the solution. Following this video, would you suggest I start small with a side-project say a Wordpress plugin rather than continuing with the main saas project to get my feet wet or should I plough through with the main saas? It looks like the small project would be a 5-6 months activity, whereas the main saas project is another 1-2 years to go.
@MicroConf
@MicroConf Жыл бұрын
Hi Bhavesh, yes, I’d consider tackling a smaller project, and working the stair step approach laid out in this video.
@hustlin_heev
@hustlin_heev 4 ай бұрын
say it louder for the people in teh back!
@ekkamailax
@ekkamailax Жыл бұрын
would be cool if you had a bonsai tree in the background
@pbpb5327
@pbpb5327 Жыл бұрын
Could not finish the video. Love your content usually but the music was just driving me nuts.
@oliviercote1564
@oliviercote1564 Жыл бұрын
Lose the background music :)
@ronlussari
@ronlussari Жыл бұрын
Lrwtty interesting..However, as a non technical guy, Im not sure how to inplement this. I coukd build a website and use low code tools to start a business. However, crearing plugins are way out of my league. Any tips?
@MicroConf
@MicroConf Жыл бұрын
I’d start by finding the problem to solve. You can use your low-code and website skills to help test the market. Eventually you would need to find someone to build the app, so finding a technical co-founder would be a priority if I were you.
@RankedRyan
@RankedRyan Жыл бұрын
Where can you go to purchase an alpha version of a software to get started?
@MicroConf
@MicroConf Жыл бұрын
I think you are asking where to buy early stage SaaS businesses. If so, I would look to acquire.com (formally MicroAcquire), Quietlight.com, FE International, and perhaps Flippa.
@archiee1337
@archiee1337 Жыл бұрын
Music was great! ;))
@inconvenientTruther
@inconvenientTruther Жыл бұрын
How long should each step take?
@MicroConf
@MicroConf Жыл бұрын
There’s no set time frame on these steps. It largely comes down to the idea, target market, and execution for each of the businesses. I’ve seen bootstrapped founders launch with the good idea at the right time, and grow exceptionally quickly. Other founders have spent years working to find traction on their ideas.
@internetkids5813
@internetkids5813 Жыл бұрын
Anyone here in the crypto space? Building a Saas product for crypto projects.
@erikfiala
@erikfiala Жыл бұрын
This video's editing is pretty bad. The camera zoom in/out randomly, the second angled camera is just unnecessary, and the music truly didn't help focusing on the content. :(
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