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Startups For the Rest of Us
Episode 678 | Selling a Half-Finished Product, Phased Launches, and More Listener Questions (Rob Solo Adventure)
Sep 12, 2023
Tune in as Rob shares savvy strategies for selling half-finished SaaS products and tackling platform risks associated with no-code apps. He dives into essential bookkeeping tips for startups and emphasizes the importance of skilled marketing. Listeners can gain insights on executing a phased launch for new SaaS tools and the advantages of building an email list. Plus, get the lowdown on managing subscriptions through Apple Pay and consider the benefits of alternative payment solutions.
26:37
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Quick takeaways
- Navigating platform risk is critical for entrepreneurs using no-code solutions, as reliance on third-party platforms can jeopardize long-term viability.
- Successfully selling a partially developed SaaS product requires a strong customer base, as market value diminishes without established traction or revenue.
Deep dives
Understanding Platform Risk in SaaS
Platform risk is a significant concern for entrepreneurs building SaaS products, particularly when using no-code solutions or the stair-step approach. It is important to be aware of the inherent risks involved when relying on third-party platforms, as changes in pricing or functionality can drastically affect a business’s viability. Entrepreneurs are encouraged to recognize that these businesses may not be built for longevity and should devise strategies to mitigate potential risks, like transitioning to proprietary solutions as they grow. Understanding these dynamics can help founders make informed decisions about their business trajectory and the technologies they embrace.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode