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All your SaaS products are generating revenues? How did you come up with the ideas/pain points for your products?


3 of the 4 are making money.

Honestly, I don't really understand it when people say they have a hard time coming up with ideas. Ideas are all around you if you are willing to pay attention and look around. IMO ideas are easy, taking action is the hard part.

I tend to look outside of the tech sector and try to even stay away from things I am interested in. I have learned the hard and costly way that my interests don't make me money. I pay attention to un-sexy, niche markets or subsets of larger markets/products. A few markets I am currently tapped into are:

- Niche learning platform mainly advertised to homeschoolers

- Math tutoring

- Niche real estate product

- Roofers

I also run 2 ecommerce sites selling niche products. Products that are really not on anyone's radar because the volume isn't there and it isn't a huge market. I get 30 to 50 orders per month and net on average $200 per order, so it is a nice passive revenue stream.

I literally have pages of ideas jotted down that as time permits I will dig into more. Lots of ideas end up getting removed from the list after I do more research and see the market isn't right or that it will take too much time or money getting it going.


> Lots of ideas end up getting removed from the list after I do more research and see the market isn't right or that it will take too much time or money getting it going.

That's the rub right there. "Ideas" are easy. Viable ideas you can't shoot down in 5 minutes of thinking about the problem are very, very difficult to find. Then again, it can be hard to tell if an idea is unviable or if you're just rationalizing your way into binge watching netflix for the umpteenth night in a row.


Yes to all your points :)


Thanks a lot for your answer! It helps me a big deal.


I was thinking about that these days. If I build it, will you be my first customer?


Antifragile by Nassim Nicholas Taleb


Wow, really useful answer there. Would you like to keep the conversation going on email and ask you other questions? My email is alin.rauta@thebusinessclub.ro. Thanks!


Email sent.


Great insight. Thanks a lot! Could you tell me please what forums did you use? Something like reddit?


Reddit might work, although I have never tried that. Depending on where you are from, different sites might give you different results. I suggested that being a Dutchman myself, I would build a better relation with Dutch clients, so only went on looking for those.

That "location filter" might have reduced the competition, something which enlarges the change of you getting the job. Finding a job at a place where thousands of others are trying the same might be hard as a starter.


Could you elaborate on this one?


Seems quite straight forward, to find a problem worth solving - you need domain knowledge.


Yup. Business problems only rear their ugly heads after you've immersed yourself in the daily work AND if you reflect critically on what you're doing. This usually takes time because when you first start working you usually don't even know what you know or don't know.


Hey there,

I'm working on a solution that is aimed at helping developers speeding up the website design process. Choose design sections you like, customise them and then download the code. That's it.

Your feedback is much appreciated!

Thanks!


I think your hierarchy is pretty much realistic. I love what you're doing with workshape.io. I would like to chat with you more on the recruitment topic. Would you be interested? My Twitter handler is @RautaAlin


Yeah of course. Happy to chat. Followed on Twitter (we can DM there) or if you prefer, email hung@workshape.io


I had the same feeling in the beginning. It seemed to me so hard to have the credentials asked by a junior job requirements and felt very discouraged.


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