Want to build a successful SaaS company?

Here are 9 things you NEED to know.

A thread 🧵👇
𝗡𝘂𝗺𝗯𝗲𝗿 𝗢𝗻𝗲: Find GOOD Opportunities 💸

There are new markets with tons of people actively looking for new products/tools/etc.

Pay attention to trends to find opportunities in emerging niches.

@DruRly will tell you exactly where to look 👀
𝗡𝘂𝗺𝗯𝗲𝗿 𝗧𝘄𝗼: The Acquisition Climate is HOT 🔥

Multiples on SaaS with <$20k MRR are skyrocketing.

Businesses doing $100K Annual Profit often sell for $500k+. You don't have to strive for BILLIONS.

@agazdecki and @tylertringas are MUST FOLLOWS to learn about this space.
𝗡𝘂𝗺𝗯𝗲𝗿 𝗧𝗵𝗿𝗲𝗲: Build Moats 🌊

💻 Tech Moat: How hard is it to rebuild this platform?

❤️ Brand Moat: How many people know/love this company?

💵 Revenue Moat: How hard is it to get to that MRR?

@chriswreedy from @SureSwiftCap opened my eyes to this when I started🤘
𝗡𝘂𝗺𝗯𝗲𝗿 𝗙𝗼𝘂𝗿: The Barrier To Entry Is LOW ⬇️

No-code and low-code platforms make it easy to build out MVPs quickly and affordably.

Some people to pay attention to:
👉 @SaaSWiz
👉 @SimonHoiberg
👉 @buildcamp
👉 @LaunchMBA

Build fast and cheap first 🏎️
𝗡𝘂𝗺𝗯𝗲𝗿 𝗙𝗶𝘃𝗲: Prosumer Markets Scale FAST⚡️

Entrepreneurs, Creators, Influencers, etc.

They "invest" money like a business.

But can be marketed to like a consumer.

Big Markets + Willingness To Pay = 💰💰💰

Marketers To Follow 👇
@coreyhainesco
@CTtheDisrupter
𝗡𝘂𝗺𝗯𝗲𝗿 𝗦𝗶𝘅: Prove Market Potential First ☝️

Break into the market by selling:
💰Services doing X for them
💰Info products about how to do Y

Then sell the TOOL to be able to do it better.

Great examples 👇
@blackhatwizardd
@THETYFRANKEL
@alexh459
@PaikCapital
𝗡𝘂𝗺𝗯𝗲𝗿 𝗦𝗲𝘃𝗲𝗻: Audience Is Crucial 👋

Get your product to market faster.

Grow Your Email List 👉 @ecomchasedimond
Leverage Twitter 👉 @thedankoe & @Shpigford
Build in Public 👉 @heyblake & @5harath
Create Community 👉 @wizofecom & @jayclouse

Audience = Users🔥
𝗡𝘂𝗺𝗯𝗲𝗿 𝗘𝗶𝗴𝗵𝘁: Growth Opportunities are ENDLESS 📈

Customers are everywhere, you just need to find them.

Instagram 👉 @tinrovic
Reddit 👉 @gummy_search
LinkedIn 👉 @MartelMetellus
Influencers 👉 @TaylorLagace
Twitter 👉 @Yannick_Veys

They are out there 👀
𝗡𝘂𝗺𝗯𝗲𝗿 𝗡𝗶𝗻𝗲: You don't need a massive team 🚫

Leverage digital systems, automation and outsourced talent to run a lean (& profitable) operation.

Brilliant people in this space 👇
@NickAbraham12
@camthecoo
@stephenolmon

Efficient Operations = FASTER GROWTH 🚀
𝗕𝗼𝗻𝘂𝘀 𝗧𝗶𝗽: You don't have to build anything yourself 🤷‍♂️

1⃣Buy A Product/Website.
2⃣Increase Revenue/Profits.
3⃣Sell The Business.
4⃣Repeat.

This can require a little capital but @JamesonCamp teaches you exactly how to do this profitably 💰
𝗧𝗟𝗗𝗥: SaaS businesses are HOT.

⚡️Low Barrier To Entry
⚡️High Acquisition Multiples
⚡️Plentiful Market Opportunity
⚡️Motivated Customers

Now, go make some money 🚀
You can follow @ImSamThompson.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled: