Starting a MicroSaas Business (2020)
MicroSaas has been hot in 2020. And respectively so, most micro-saas founders were drawn to the idea because of monthly revenue, location independence and ease of startup.
So, what makes a good microsaas idea and how can you start?
Micro-saas is growing at a enormous rate just checkout this subreddit r/saas and look at the user growth just since 2018 alone. see image above
*2018 - 2.1k subs
*2020 - 13.2k subs
That's over a 530% increase.
What is a microsaas business?
A microsaas business has gained so much popularity because it is a business targeted at a very niche market with a very small team or in most cases just 1 person.
- focuses on smart costs
- smaller user base
- no outside funding (generally)
Now - how can you start?
the idea. the 2 most important parts to a microsaas business is the idea and niche users.
- design the product/microsaas
- develop the workflows and application
- validate the idea with your first users
- scale to get more users
Now, some of you will say "you need users FIRST!!!!!!!!". Yes that is another viable way to startup a microsaas. There are also many ways to peal a banana.
This is a good way to start as well:
- get a small group of niche users having the same problem as you.
- get their input on the problem (how they want it solved)
- start the design/flow of the product
- develop the product
- allow those users to use it for free and test it
- once the first users love it
- have them and you promote to the niche market
Those ways are both great. The second is nice because if you don't have a good product or idea you will know quickly. But sometimes its hard to get that small group without a following.
So now you now what a micro-saas business is and how you can start one.
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https://digitalasset.substack.com/p/digital-assets-0010-building-micro
