My First Million

Saas Companies that Anyone Can Start with Rob Walling

41 snips
Jan 11, 2022
Guest
Rob Walling
Rob Walling, a serial entrepreneur and author, joins the conversation to share insights on starting SaaS businesses anyone can launch. He discusses the importance of community in business, emphasizing the value of organizing in-person events. Rob reveals his favorite SaaS ventures and offers creative ideas for newcomers. He also addresses the financial realities of running a SaaS, the significance of pricing strategies, and how non-technical founders can successfully create their own software solutions.
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ANECDOTE

Platform Risk

  • Building SaaS solely on platforms like HubSpot or Salesforce carries platform risk.
  • Shopify once pressured a successful app to pay a significant revenue share or face shutdown.
ANECDOTE

ScrapingBee Success

  • ScrapingBee, a web scraping SaaS with two employees, exceeded $1M in ARR.
  • Despite profitability, having only two employees presents risks if they were to sell.
ADVICE

SaaS Opportunities

  • Look for SaaS opportunities where people use Excel, Google Sheets, or excessive emails.
  • These often indicate inefficient processes ripe for automation and streamlining.
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