PDF book cover: 45 business ideas for April 2025 by Niall Doherty
Discover Your Next Profitable Business Idea

FREE Guide – turn these ideas into income and start earning today.

press
Entrepreneur logo HuffPost logo Gizmodo logo LifeHacker logo NBC Today Show logo Entrepreneur logo HuffPost logo Gizmodo logo LifeHacker logo NBC Today Show logo

$2000/Month SaaS in a Crowded Market

Wilson Wilson
  • Wilson Wilson

  • Co-founder of Senja.io
  • $2000 MRR after 1 year

Senja.io is software to help you collect and share customer testimonials 🤩

Founder Wilson Wilson started it just over a year ago, and it didn’t go very well initially…

I had really high expectations when we first started, thinking I’d get to $5k MRR within 6 months.. I worked on it for 6 months, getting no customers and no recurring revenue.

Then he took on a co-founder and started identifying and fixing issues with the product 🛠

One big issue was poor onboarding…

Getting traffic and signups was never a problem for us. We were getting 1.5K → 3K visitors to our site every single month.

But none of our users activated. They’d sign up, look around for a moment or two, then abandon the app and never return.

Here’s a 7-minute video outlining the changes they made to 2x their activation rate.

When I first came across Senja, it reminded me of several other SaaS testimonial products.

Indeed, Wilson says he was aware of those competitors when he decided to start Senja…

It’s a direct competitor to products like Endorsal, Testimonial, Vocal Video, and Shoutout. I started building it because I wanted to add social proof via a wall of love for an earlier project I worked on.

I signed up for one of my current competitors to do that, but my pagespeed dropped by 40 points! In my head, I thought, “I can do better than this.”

Keep an eye out for products/services you use but don’t meet your expectations. Could you build something better? 🤔

It has taken Wilson months of grinding just to reach $2000/month with Senja, but it looks like things are ramping up nicely…

It took:
→ 11 months to get to $1,000
→ 40 days to get to $2,000

Published: January 26, 2023

How To Make Money Online

Leave a Comment