Discover Your Next Profitable Business Idea
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Paresh Deshmukh lays out a smart process for finding them 🔎
(FYI: ₹1-3 lakhs/month = $1500-4000/month)
In brief…
1. Find a market that already pays for a BASIC software that solves their problem.
2. Join forums/groups they hang out on and be friends with a few of your potential customers.
3. Identify a problem and build a basic solution.
Complement with this Micro-SaaS guide from Preetam Nath.
His description of Micro-SaaS:
It’s a software-as-a-service business at the high level, but built more intentionally as a small business by an individual or small group of individuals.
You could call micro-SaaS the future of lifestyle software businesses – location independent, recurring revenue, and hopefully low churn.
3 examples of successful Micro-SaaS businesses (source)…
- Everhour time tracking – $120k/month
- Mealime meal planning – $64k/month
- Complice daily planning – $6k/month
Btw, I consider SaaS to be a Level 5 online business (Cloud Service). Not an easy one to start with.
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