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How to build a SaaS product from scratch?
To build a SaaS product from scratch, I start by identifying a problem that needs to be solved in the market and conducting research on the target audience.
Then, I create a minimum viable product (MVP) to test the idea with potential customers and gather feedback. From there, I continue to iterate and improve the product based on customer feedback.
I also prioritize building a strong team with diverse skills and expertise, as well as creating a solid business plan and marketing strategy to reach potential customers.
As for tips, I would suggest being open to feedback and continuously adapting the product to meet the needs of the target audience.
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Victoria Mostova
Building a SaaS product requires a strategic approach, and your process of identifying a market need, creating an MVP, and iterating based on customer feedback is spot on. I completely agree with the emphasis on building a strong, diverse team and having a solid business plan and marketing strategy. It's all about adaptability and constant improvement. Keep up the great work as you build a SaaS product!
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Interesting take, here's an addition that might help some people out:
-> Identify if there's any variation of your MVP that only requires time.
(Fake the tech)
It's a good way to see if people can pay for that pain-point resolution and how much can they afford.
Doing just a market study I believe is not enough to jump on an MVP development as there's a lot of noise and false assumptions.
Even maybe before creating an MVP, it is possible to test the idea for its relevance. lt will save money. Help to understand how viable the potential problem I'm trying to solve is and how others see it. So, CJM, survey, interview, feedback. One of the main questions: who will pay for the product? who is ready to pay?