SaaS is hard!
Just identifying a problem doesn’t cut it!
SaaS is not about identifying a problem.
- You need to identify a problem that someone is willing to pay for solving.
2. You need to identify a problem that someone is willing to pay for solving and is recurring.
3. You need to identify a problem that someone is willing to pay for solving, is recurring, and can be addressed with a software solution.
4. You need to identify a problem that someone is willing to pay for solving, is recurring, can be addressed with a software solution, and has a large enough market to build a sustainable business around.
5. You need to identify a problem that someone is willing to pay for solving, is recurring, can be addressed with a software solution, has a large enough market to build a sustainable business around, and that you and your team are passionate about solving.
6. You need to identify a problem that someone is willing to pay for solving, is recurring, can be addressed with a software solution, has a large enough market to build a sustainable business around, that you are passionate about solving, and that you can envision yourself working on for the long term.
7. You need to identify a problem that someone is willing to pay for solving, is recurring, can be addressed with a software solution, has a large enough market to build a sustainable business around, that you are passionate about solving, and that you can envision yourself working on for the long term without being killed by the next OpenAI update!