Yaakov Carno’s Post

🚀 Minimum Viable Product (MVP) is the goal of any startup when creating a new product or service, and testing it in a small market. MVP is meant to carry only those features which would be required to validate against market reaction. 🛠️In this session, we will discuss what framework to decide the features in a MVP, and what are the tools that makes building an MVP as efficient as possible. 👉Register now: https://go.aws/3Ny6uVX

Bootstrapped SaaS founders who try to master every distribution channel available to them = ☠️ In the words of Peter Theil, "If you can get just one distribution channel to work, you have a great business. If you try for several but don't nail one, you're finished" When it's time to focus on growth, treat Y1 as a giant experiment period - where you thoughtfully sequence and establish select channels to compare them objectively. Y2 = double down on the most productive channel until you see diminishing returns, then light up the next most promising channel from the Y1 experiment (anything with a 3mth or less CAC payback is VERY solid). Agree / disagree with this general recommendation? #microsaas #saasgrowth

The best SaaS products are build with Customers involved. In the beginning of a SaaS startup, having customers involved is super important. When customers use the product early on, it helps make sure the product meets their needs. Their feedback is like a guide, showing the company what to improve. Plus, having customers early builds a group of loyal users who trust and like the product. This not only makes the product better but also sets the startup up for long-term success and growth. So when we invest, we always look for early Customers involvement, that's a big plus in our book.

Want to build a startup in the SaaS industry? Start with a 'holy trinity' of software development: 1. Build an MVP 2. Get early feedback 3. Start iterating Then focus on: 1. An MVP that is easy to use 2. Customer acquisition strategy that scales 3. High ROI on marketing spend But remember: - Don't try to boil the ocean - Focus on one thing and do it really well - Be obsessed with customer feedback - Listen to what your users tell you It's going to be a long and tough journey, but it's going to be worth it. Best of luck to you, fellow dreamer.

A new guide on hiring Fractional **Growth** Leadership is underway. If you’re an early stage SaaS founder make sure to follow Rodrigo F. to be the first to get it. We promise it will be PACKED with value aimed at scaling your business with fractional experience.

Most SaaS founders are playing a dangerous game: They're too focused on product development and miss crafting their offer. Guess what’s the most common outcome? A price war. And that’s not a spot you want to be in because the only winner is the one with: - The most capital. - The best engineers. - The fastest approach to scaling. We should start thinking about Minimal Viable Rffers, rather than just products. A product is always focused on the how and what, but not enough on who it's for and what intrinsic desire it satisfies. Here’s a little framework you should follow: 1- Who’s your ICP? 2- Who are you competing against? 3- What value do you want to provide? 4- What desired outcome is sought by your ICP? 5- What narrative would best increase the perceived value? The better you grasp alternatives and positioning of existing offers, the better you can tailor the experience and value of your saas. Even in red oceans, you can create blue currents.

Is It a Good Idea to Give the First Customers of a New SaaS Startup a Discount to Get Them On Board?: Dear SaaStr: Is it a good idea to give the first customers of a new SaaS startup a discount to get them on board? First, it is a good idea to give the first customers a fair price so that price isn’t an issue. So you close them, get the reference account, get the learnings,... Continue Reading The post Is It a Good Idea to Give the First Customers of a New SaaS Startup a Discount to Get Them On Board? appeared first on SaaStr.

This one thing helped me scale my SaaS to $1,000,000+ And another one to $50,000 MRR. And now, I want to help you do the same! I've secretly started something new: My own SaaS Coaching-as-a-Service. Because that's exactly what gave me the power to succeed years ago after failing with multiple products: mentorship! How does it work? - Flat monthly fee - Live calls - 1:1 chat For the past few months, I've coached a couple of founders, and the results are amazing! Robin Delta: "Mike works really structured and we work with weekly tasks, quarterly reviews, and overall goals, which really holds me accountable for growing my SaaS every week." Matthias Moens: "This really kickstarted my first time SaaS project." And more are giving 5 stars! 🙏 Want me to help with: - Start/Scale your SaaS - Go-to-Market plan - Strategies - Founder Accountability - and more? Comment YES, and I'll DM more info!

Turn 'Minimum' into 'Maximum' with your SaaS MVP. 🚀💡 A pivot point for any SaaS startup is developing its Minimum Viable Product (MVP). But let's reshape our thinking. Instead of focusing on the 'minimum', 📉 how about focusing on the 'maximum' value?💪 Here's why. Your MVP is your first shot at impressing your potential customer base. It needs to be more than just 'viable'; it needs to deliver real value, solve real problems. ✔️🎯 For instance, Dropbox started as an MVP. It wasn't feature-rich, but it solved a critical, universal problem - file sharing and storage. 🗂️☁️ That 'maximum value' attracted users and investors alike.👥💲 So how can you maximize your SaaS MVP's value? Start by understanding your audience's pain points. Then, develop one killer feature that tackles this pain head-on. That's your MVP. 🎯🏆 What's your take on MVPs? Are you working on one right now? 🛠️💭