Startups For the Rest of Us

Episode 678 | Selling a Half-Finished Product, Phased Launches, and More Listener Questions (Rob Solo Adventure)

10 snips
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.
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ADVICE

Selling Half-Finished Products

  • SaaS products with little traction have minimal value, making them difficult to sell.
  • Focus on acquiring paying customers to increase value before seeking an exit.
INSIGHT

No-Code Platform Risk

  • No-code platforms present significant platform risk due to potential price hikes, operational changes, and lack of portability.
  • Acknowledge these risks, but consider no-code for short-term projects, not long-term ventures.
ADVICE

Early-Stage Bookkeeping

  • Handle bookkeeping yourself initially if your SaaS startup has limited funds and transactions.
  • Hire a bookkeeper or service like Bench when it becomes too time-consuming, ideally when revenue justifies the cost.
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