SaaS Project - Live case-study

When you're defining a new set of features, it isn't easy to imagine how these would work. It requires creativity, and it’s more challenging as it might be at first glance.

Having Market Research in one, final piece of paper, makes me feel more confident, that "okay, it makes sense". Having such a report in one piece of paper gives a better feeling and understanding of what's going on.

Budget forecast helps to understand how much money and in what time the product will make.

You may have this impression that if you have $5000 then you have the right budget. The truth is that it's not that cheap and it's not that easy.

I'm facing the problem with getting survey responses. After about two weeks, I have only a few responses, which is not enough to make any decisions.

The final result of research should be a detailed report that will answer all of the questions. It's essential to make it thorough. It should serve not only now, at the point of deciding whether to create a product, but it will be helpful when looking for an investor.

The starting point of each project is to know whether there is a market for such a product. Market research is not a holy grail, and once you make it, it does not mean that you are going to succeed no matter what. But it increases your chances significantly.

Currently, the market is stuffed with products and services, and customers are spending more time filtering offers. This situation makes us, founders, approach the market another way. We work on an idea that we think the market needs and then, we try to justify it is true, that this is something that would sell.

What could help me in my work, make my life more comfortable, and make me more productive? It could be a tool that would help me to create these estimates conventionally, something that would allow me to easily share these estimates with my clients and keep track of the previous estimates that I've made.

People are always trying to create something new, something big, a new Instagram, something that will change the world. The truth is that there are people out there who are earning billions of dollars by solving unsexy problems.

Limited budget, loneliness in decision making and working over the weekends. Learn what else to you should prepare to when starting a new online business.