16 Lessons I Learned Building a Million Dollar Startup 📈

[@MicroConf]

Top 10 Avoidable Mistakes SaaS Startups Make: kzbin.info/www/bejne/bnvNk2qchbtphrM

[@rafaelmelope]

00:20 Start with a problem 01:40 Validate before building 02:50 Market as you code 03:44 Consider a slow launch 04:58 Be willing to pivot 06:09 Stair Step 07:02 Look for despised competitors 07:47 Audience is good but network is better 08:32 Growth is expensive 09:41 Success is a combination of hard work, luck and skill 10:57 A great team is a superpower 11:47 Fire yourself 12:22 Don’t be scared of funded competitors 13:15 Raise funding for lightning in the bottle ideas 13:51 Be wary of your startup competitors 14:24 Recurring revenue is very valuable 15:56 The hardest part of being a founder is managing your own psychology

[@rafaelrpdev]

Very good, boss! Nice comment 👏You'r awesome!

[@chrispallatto]

Have been binging your videos- thanks for the great content!

[@Saleh.T]

Been watching all your videos and others on microconf, love the content, thank you for sharing

[@MicroConf]

Thank you for watching!

[@SteveBoyer10]

These videos are getting better and better. Thanks for continually pushing forwards on the podcast and the KZbin channel. I hope to attend an in-person MicroConf someday. Cheers from SLC, Utah.

[@MicroConf]

Glad you like them! Thank you for watching, Steve.

[@dmiradakis]

You make GREAT videos, but this one is one of my FAVORITES ever. One day I’ll make it to Micro Conf and talk about how my little micro-SaaS I’m building now ends up working out, and I’ll mention this video.

[@MicroConf]

Thanks so much, Danny.

[@ispatza]

The information on this video, outstanding...I have to save it and come back to it again,great work Rob🙌

[@MicroConf]

Glad you enjoyed it! Thanks for watching, Patrick.

[@Jack-fb3kn]

Love this content so helpful for my startup

[@MicroConf]

Great to hear!

[@bramburn]

Just started re-listening to your podcast. Couldn’t put a face to the voice . 😊

[@mitchhills1244]

Great content. Subscribed!

[@MicroConf]

Awesome, thank you!

[@MrTonyradford]

Nice. Thanks

[@flare_toucan]

Very useful advice. How many people do I need to approach about an idea before I should abandon. I'm getting luke warm reception and generally just ignored. My product idea saves time, improves engagement, feedback and makes the customer money. That's the pitch. I haven't written any code this time, trying to get prior market approval before building the MVP.

[@MicroConf]

Hey Returns Tracker, there isn’t a specific number, but I would aim at getting in touch with maybe 30-40 people who you think would be a great fit for your product. Also, during this early stage of validation it’s important to be asking the right questions. If you haven’t already, I’d suggest checking out the my book Start Small, Stay Small and The Mom Test by Rob Fitzpatrick.

[@MichaelWilliams-lo3ix]

Brilliant

[@MicroConf]

Thank you, Michael

[@bramburn]

In regards to validation; what if it’s a tool for your own business and employees?

[@Saleh.T]

Validation is proving that a % of interested others will stay and continue your product. Not just yourself. It’s good initial validation, but are there enough like you out there to also agree with you?

[@bramburn]

@@Saleh.T been building my app and doing interviews with people to keep going. it looks like there a year's worth of work to be done right now, I'm only able to afford 30-1hr everyday and some more time on the weekend to build. IF I take a month or two out it would surely be done, but for now I'm working on interviewing other people to see if they are interested while spending my evenings working on the tasks for the internal of the company.

[@MicroConf]

Scratching your own itch is one way to get some validation, however, as S T points out, it’s only a starting point. I’ll be touching on this in my next episode of Startups For the Rest of Us. Make sure you are subscribed in your favorite podcast app- www.startupsfortherestofus.com/

[@bramburn]

@@MicroConf thanks mate, I am already. I have devoured a lot of your content and some of your interviewees other videos as they have golden nuggets of information on where I was stuck.

[@ogbillity]

How did you create all these animated texts?

[@MicroConf]

Hi Peter, our team is using Adobe Premiere and After Effects to create these videos.

[@ogbillity]

@@MicroConf thank you

[@bramburn]

Nice

[@Aria_Jaki]

Hi, sir I'm from India 🇮🇳 an I'm a Bsc (Hon's) Agriculture graduate. but I want to switch my career into SDR b2b Saas .,...... so it's a good option to choose ? plz tell me sir

[@_DheerajYadav_]

It's all depends on your risk taking capability. There's 95% chance it's not going to be your final job option, rest depends on execution.

[@Aria_Jaki]

@@_DheerajYadav_ sir kya aap Totally explain kar sakte ho

[@MicroConf]

Hi Aria, without knowing more about you, your skillset, and your situation, I can’t really give you specific advice here. That said, learning sales is a great skill that you carry with you throughout your career.

[@Aria_Jaki]

@@MicroConf Tq for the Advice sir 🙏

[@troooooper100]

i had to slow down this video

[@marcesmack]

Great video! I wrote to contact Tinyseed but I didn't got any reply just yet ...