How to Start a SaaS Business From Scratch in 2024
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Here’s why I fell in love with the SaaS business model…
You build the software once. And get paid every month.
Recurring revenue.
If I lost all my money, followers, and network today, I'd still know exactly how to build a SaaS company from scratch.
And today I’m going to share the 7 steps with you in this video.
Building a SaaS business might seem daunting, especially if you're just starting out.
A lot of people think they need to raise capital, hire a very expensive development team, and spend years in the red before their product takes off.
But the key?
Start with the problem, validate your solution, and then build and refine your product.
You don’t need a huge team or a ton of money…
Just a solid plan and the right approach.
My 7-step guide is your map, and it includes:
- How to pinpoint the exact problem your SaaS should solve
- The secret to building a prototype without wasting time or money
- 4 steps for creating a Minimum Viable Product (MVP) quickly
IG: @danmartell
X: @danmartell
Пікірлер: 228
I wish i learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix-- Go to school, get a job, and then slave your whole life. Many miss out on life-changing information that could have great effect on their finances. Sometimes Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
@leojack9090
7 күн бұрын
Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin ,While also continuously learning from mistakes and improving
@fadhshf
7 күн бұрын
Many overlook that banks are return-driven businesses. I don't trust keeping a large sum in a bank. Instead, I invest with guidance, enjoy the benefits, and save for retirement.
@hasede-lg9hj
7 күн бұрын
After the '08 financial crisis, I've learned not to trust corporations. Since 2020, I've been investing with a financial advisor and have had no major losses, so I'm not going back to relying solely on banks.
@lowcostfresh2266
7 күн бұрын
Market behaviour can be complex and unpredictable. Mind if I ask you to recommend this particular coach to whom you have used their services?
@hasede-lg9hj
7 күн бұрын
The decision on when to pick an Adviser is a very personal one. I take guidance from Annette Marie Holt to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
Great video, Another factor to add is Do they spend a lot of time planning their financial future? The stock market is making me really worried because I've lost over $ 27,000 in just this month and I'm not making as much money as I used to. This is making me concerned that I might not have enough money saved up for my retirement since I can't add to my savings.
@bonner-qv3mi
21 күн бұрын
To ensure a comfortable retirement, it's advised to save a minimum of 20% of your income in a 401(k). by doing so , you increase the likelihood of retiring with sufficient funds. Moreover, this strategy enables you to leverage the stock market's potential and expand your retirement savings as time progresses.
@rapp-in1mz
21 күн бұрын
Using a 401(k) or IRA is a valuable strategy for retirement planning, providing potential savings growth and tax advantages. While the stock market is promising, expert guidance is essential for effective portfolio management
@HenryKatty
21 күн бұрын
I've been considering but haven't been proactive. Can you recommend your advisor? Could really use some assistance.
@rapp-in1mz
21 күн бұрын
"Nicole Anastasia Plumlee" is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.
@HenryKatty
21 күн бұрын
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip
That's how I would build a SaaS Company from $0! Let me know your biggest takeaway in the comments below:)
@CA1848AIHUB
18 күн бұрын
Yup ty Dan
So much value I’ve been building custom software for 25 years and I’ve built my own custom solutions and sass products. Most of them are failed. A few have succeeded, but the points you make in this video are pure gold.
@danmartell
Ай бұрын
Pumped you got value👊
@friendsandfamily100
Ай бұрын
@dancarter Are you really good at coding. I'm looking for a co-founder for Edutube.
@benelansari7228
Ай бұрын
how do you get the rigth idea? thanks
@TeenaHughesOnline
Ай бұрын
@@friendsandfamily100 - hey Jeremy, I think you might have meant to tag @dancarter2285 - hope this helps
@ravikapupara7763
Ай бұрын
@@friendsandfamily100 I am good with it. 😊
I am a new grad developer and I'm two minutes into this video and already know this is going to be one of the best videos I've watched in my life. tyvm
@danmartell
Ай бұрын
Glad you liked it! Been wanting to produce more SaaS focused videos
@whatta7793
19 күн бұрын
Code a basic idle game, they're addicting and tons of people love watching numbers grow on idle games. People will often sink some pretty large amounts of cash into idle games. I've been around them for years and they are where its at. Don't even need graphics, if so then you don't need many graphics. Just text and numbers. People are addicted to watching numbers grow.
can't believe nobody talks about book 'the hidden truths of wealth'
Being part way through building my own SaaS business, I can tell you that this is all BANG ON! Great content Dan!
Wow. After my second failed business, I've been consuming a lot of info on that for the last months, from YC to Strategyzer, and making my own experiments. And you just got to the core of what I've been learning, in under 30min, with extras. Thanks, man
My favorite takeaway from this video is how you force people to THINK. You break down these large concepts into easy to digest bits. Thanks Dan.
If you let the dev design your app. It will be based on what they want. Which 99% of time will be the most complicated set of forms you have ever seen. They rarely take ease of use into account.
This is the best video I've watched in 2024, the guy gives gold for free omg. If you read this i truly appreciate this. 😊
@danmartell
3 күн бұрын
Pumped you got value!
It's so much harder than this KZreadr tells you it is.
@danmartell
2 күн бұрын
Sometimes it’s not;)
Love the approach of having them checkout, and not charging them to validate the idea. I'm starting a small business here in Cocagne doing some fine craft exhaust products for exotic cars. (I know, not the same wheelhouse) I always look forward to watching your content, to see what I can pluck from it to apply in a similar way. Thanks for doing this type of content. Really helps open different roadways to thinking. 👍 Appreciate it.
@danmartell
Ай бұрын
Pumped you got value!
Thanks Dan. I got a 150K mortgage, bought 75k worth of Brett with it. YOLO from profit of 10k thanks a lot Sonia campbell
@GabbyMJ-md2rs
Ай бұрын
Hello, how do you make such amount? I'm a born Sonia but sometimes I feel so down of myself because of low finance but I still believe in God.
@MattGuzman-ug8dl
Ай бұрын
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich
@Francisco-287
Ай бұрын
Wow, you guys are discussing about the same thing in my mind what a coincidence. Hahaha .I bought couple of crypto like Shiba Inu, BNB,XRP & ADA.
@Lionadmike
Ай бұрын
Sonia Campbell was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Sonia campbell.
@JustinClawson-ix1ic
Ай бұрын
Is this not same mrs Sonia my neighbour posted on her Whats App status 8 hours ago thanking for making her rich
K 35 seconds in and you have to give the video guy a raise. Some of the best work I’ve seen. Anywhere. Excited to watch the vid. Love our man and you provide such valuable content. Thank you 🙏 ❤
@danmartell
Ай бұрын
We’ve got a solid team;)
The SaaS Content is Back🔥🔥
@danmartell
Ай бұрын
Yessir!
@peterbelanger4094
27 күн бұрын
LOL, I'm sick of monthly subscriptions,eternal logins, and centralized control. SaaS sucks. bring back local software!!!!
This is legit the best beginner saas video out there. Made my project less overwhelming ...
@danmartell
Ай бұрын
Glad you enjoyed it!
This is amazing content! I was about to click away as we are not 'starting from scratch' and a long way into the build, but the tactical tips in this video are such high value. There is more information in here than a $15K course. Honestly. Your videos are just getting better and better DM!
@danmartell
22 күн бұрын
Appreciate you:) Giving it all away for free If you want more help checkout saasacademy.com
This is some MBA level knowledge for free. I wish I would have got this 3 years ago, anyways this would for sure be a life saver. Great work sir, thanks on behalf of hustling community.
@danmartell
3 күн бұрын
Pumped you got value!
I'm interested in investing, but I'm not sure where to start. Do you have any advice or contacts who can help me out?
@riccardocaccamo1290
Ай бұрын
Investing can be complex, so it's smart to get professional guidance when building your financial portfolio.
@HuzaifaAbdullahi-yv4zi
Ай бұрын
It's a great idea to have a conversation with financial advisors like Naomi Dean to reshape your portfolio.
@MaeveDurando
Ай бұрын
I spread out my $25k portfolio across various markets to diversify my investments.
@AndrewAlonso-jb7kz
Ай бұрын
That's awesome! I ended up making a net profit of about $115k by investing in high dividend yield stocks, ETFs, and equity.
@martintodd8213
Ай бұрын
Naomi Dean stands out from other brokers because of her realistic approach, unlike those who often set unattainable targets and fail to deliver. She's truly unique!
Great video, Dan! Loved #7 about Growth Hacks - hadn't fully incorporated that notion before!
@danmartell
Ай бұрын
It’s game changer for most saas companies
@marciabench
Ай бұрын
@@danmartell Yes, but thinking about it for a coaching company too - what if we keep seeking out the people or groups where our clients are, and use your suggestions to hack our client growth there? :)
I know that many of you who are watching do not like to read books, but I found a book called 'The Hidden Truths Of Wealth by Oliver Mercer', and no it's not some bullshit law of attraction, it really changed my life
@oaoskey6051
Ай бұрын
Bros tryna sell his book lmao
@Someone-ct2ck
Ай бұрын
scam
@swirlingchi
Ай бұрын
Scam and reported
@Just_Samson
Ай бұрын
Where did you get that book? It’s not on audible (that I know of)
@williambell4591
12 күн бұрын
While I'd love an Audible, or even a Kindle version, you have to search it in your browser - it's an 'eBook'
Honestly Dan, this is the best advice video I had ever watched! Thank you.
@danmartell
Ай бұрын
Appreciate you!
Great content and man, the edit was on point. Really awesome watching the evolution of this channel. Appreciate you and your team Dan
@danmartell
Ай бұрын
Appreciate the kind words🙏
This is Amazing for all kind of products not just limited to SaaS of course. Thank you!!!
@danmartell
Ай бұрын
You're so welcome!
This was easily one of the best videos I've seen on the topic. -GOLD!
@danmartell
Ай бұрын
Pumped you got value!!
Useful info. Thanks.
@danmartell
Ай бұрын
🙏🙏
Over-editing and unnecessary loud music are distracting.
@CA1848AIHUB
18 күн бұрын
😂
@pmioduszewski
4 сағат бұрын
yeah, im out
Thanks boss. I am studying computer programming and jobless college student in debt. I been looking how to build a business or saas.
@danmartell
Ай бұрын
🙏
@jeffreydarlington3498
Ай бұрын
@@danmartell appreciate it
Hey Dan, Loving your content so far, it has helped me immensely. This video is just the push I need to go out and get started. Thanks so much!
@danmartell
Ай бұрын
You got this👊
thank you dan you’re helping me
i learned so much from this app or even software building is insane its alot of little details but it can be done with the right drive and desire to succeed
Thoughts on the best SaaS vertical, and thoughts on legal tech? I'm about to start asking local business owners about their problems. Should I ask everyone or focus on a specific industry first?
@danmartell
Ай бұрын
Definitely chose one industry. The one you’re the most familiar with.
Extreme value in this video! So refreshing to get lessons from veterans and not fakes
It's funny to think this guy grew up literally up the road from me lol
@danmartell
Ай бұрын
NB represent;)
king of SaaS
@danmartell
Ай бұрын
We’re back:)
This is real, practical advice. Everyone seems pressured to jump into building the next big thing and finding investment but starting with consulting seems more doable, bills can be paid. Can you share your thoughts on growing your consultancy vs developing a product? Thank you for your great content.
@danmartell
23 күн бұрын
Do both in tandem. One funds the other. Until 100% of your rev comes from saas
I’m a TS Next.JS dev. Great advice.
thank you Sir! great info!
Im so glad i can code my self lool
Is this something you can get into without much programming knowledge, or do you need a background in development? SAAS seems like something I'd be interested in later down the line once I grow as an entrepreneur.
@danmartell
Ай бұрын
It’s totally doable. I’ve got tons of videos about building a saas as a non-tech founder. It’s what I did and i’d say 60-70% of other founders do.
@JoeZupko2
Ай бұрын
@@danmartell Thanks, man! Love your mindset and approach to life!
@ravikapupara7763
Ай бұрын
@@JoeZupko2I can guide you through In case if you need any help. 😊
This is such a clear roadmap!
It’s pretty easy to mistake validation with selling promises. And that can make a difference on the business survival, you really don’t want a huge backlog of individual features for individual users that will not use your solution. It will overwhelm you and your development team.
Amazing content, highly appreciated and recommended.
There are so many players leveraging hidden data, especially credit card firms, now cooperating with store chains for cash-back in return for customer data. The leverage it brings is obvious. They know the holes in the marketplace, they know what the customer wants and doesn't want, and can cater directly to that. It's a great efficiency tool. Sadly, I'd say it's not directly accessible to the average nerd dev, but creating a payment processor is a start. Probably why Musk is so rich. I mean... What do I know!
Thanks Dan. As always world class content.👍
Great info. No need for camera cuts and additional editing. Its distracting and disturbing.
@danmartell
Ай бұрын
Noted👊
@crickettopshorts8221
26 күн бұрын
@@danmartelloverall. Great content and valuable information. Much appreciated
Thank you so much for this! You impressed me.
@danmartell
28 күн бұрын
Glad you enjoyed!
Should you patent the idea or software before you crowd fund,raise money or start working with other people to build your app or software??
@danmartell
23 күн бұрын
Sometimes yes, most times no. Patents are only good as legal leverage, too slow for most entrepreneurs. People are going to copy you. Just make yours better;)
@CreatorsExpress
23 күн бұрын
@@danmartell thank you for taking the time to give me some advice and knowledge! That’s a big deal! You are the man! Much appreciated sir! Tyler
Excellent content! Gotta watch this one again and take notes. (SaaS ideas in the works.) Video edit feedback: The transitions are overproduced and distracting + the music is too loud. Removing most of the music would be an improvement since viewers watch long videos like this at 1.25x to 1.75x. Or, stick with ambient (just chords & swells) without beat so that the drumbeat isn't switching to speed-metal pace when the viewer accelerates.
@danmartell
23 күн бұрын
Noted;)
Great content Dan! How would an online marketplace for a specific industry fit in this steps? What holds me back is that at the beginning, the marketplace wouldn’t be valuable for sellers to publish something, since the web is empty. An empty marketplace doesn’t attract buyers. I found the hole in the market and have a team of friends devs willing to build stuff with me.
@danmartell
29 күн бұрын
Search my channel;) I’ve got tons of breakdowns on marketplaces
Can't Figma do everything InVision can?
@danmartell
Ай бұрын
Yup, invision is a bit more robust though
@ThisDesignLife
Ай бұрын
@@danmartell Gotcha.
More like this ❤❤❤
awesome content!!
@danmartell
29 күн бұрын
Appreciate you!
Glad i found this guy!
@danmartell
23 күн бұрын
Glad you enjoyed!
How do you crowd fund for an app without the risk of someone with the money to steal the idea?
You are a genius! 1000% thumb up!
Why is there sprinkler sound effects?
Would you advise doing this as an independent developer without creating an LLC?
@danmartell
29 күн бұрын
at first, keep it simple. if you sell over $30K then maybe setup the business all depends what you need to move forward to take payment, I believe Strip (as an example) requires articles of incorporation
content is king
@danmartell
Ай бұрын
Yup!
Great. Now how do you start consulting? 😅
This video is gold!
@danmartell
10 күн бұрын
Appreciate you!
@danmartell Great video, love it took notes. i have a dumb question. Where did you get that t shirt. Looking for high quality t shirts like that hard to find! looks sharp!
@danmartell
Ай бұрын
Kit and ace! Best shirts imo
@jdjr3889
Ай бұрын
@@danmartell Your the best brother. I met you 2 years ago in Toronto. I am currently building out my patented payment system for sass text messages. So thank you for all the great information, and you meet so many people you probably won't remember me, but your coaching on making content, and creating a brand getting in front of the camera has really helped me. Keep and eye out for S2MPAY we are coming.
@jdjr3889
Ай бұрын
@@danmartell Thank you, Keep an eye out for s2m pay, Met up with you in Toronto a few years back you were a big help opening my eyes up to certain techniques. We are in development for our patent s2mpay system. When we get some customers i will reach out show you what you helped me create! Thank you for your content and it was good to meet you.
Great watch.
@danmartell
Ай бұрын
🤝
Skipped through this video trying to find some gold. Was there mention of using LinkedIn or did I miss it? Was there anything about backends, extending lifetime value, or reducing attrition? When there aren't any time markers it's challenging to get much from these videos where most of it doesn't apply to a specific situation, even as a startup.
@danmartell
Ай бұрын
I talk about growth hacks on the backend👊 I’ll have the team add some timestamps to the next vids
Well this is timely. I’m about to get my first inadvertent problem-solved product to market. - Dr. Moe
Dan! I’m creating an app but I’m at a spot where I don’t know where to go from here. I’m just a guy trying to build an app that makes lives easier and makes a bunch of money for myself and others who need it. It solves a problem for everyone throughout the world. Do you have any consulting services that I could bring the idea to? I’m need a person or business that can be trusted. I may sound crazy but Everytime I get the thought of this app going live, I get a rush of euphoria. I know it will be huge. Any advice would be much appreciated. I know you’re a busy man. Thank you sir! Tyler
@danmartell
23 күн бұрын
Check out saasacademy.com
what is SaaS
@danmartell
29 күн бұрын
Software as a service Using technology to automate and solve problems with precision
Money does grow on trees.
My biggest problem is I hate dealing with people and hate the state of the industry. I'm sure there's plenty of problems to be solved, but the biggest problem I see today is that everyone is looking for a way to click a button -- or watch a video, and not have to do the work. And soon AI is going to solve a lot of the problems. Wonder what they'll do then? I would love to come up with a way to get people to stop living in their technology/phones and start living in the real world again. Yet every solution seems to suck people in deeper to the virtual reality promising them something for nothing. Here's the funny thing I've noticed. Those who are most successful and have built up wealth, are most technically savvy, they spend the least amount of time obsessed over technology. They might still create apps that others will use -- or pay others to do it, but all they want to do is go out and touch grass. Go figure.
@danmartell
29 күн бұрын
Billionaires want to be Buddhist.. but Buddhist don't want to be billionaires.
Mr beasts latest video was him collaborating with the top 50 KZreadrs. Your video was a picture of your face and the opening sentence implies we know what sas is. You ask to see peoples spread sheets lets look at your thumbnails and titles. click bait/attention retention and collabs two big things for youtube.
@danmartell
Ай бұрын
Noted;)
you just earn subscribe thank for this
@danmartell
7 күн бұрын
Thank you!
The issue for tech ppl is to identify the problem. I've been trying to identify the problem to solve for 31 years. 😞 It's EXTREMELY difficult when you don't understand the business that you are trying to cater to.
@danmartell
29 күн бұрын
Go work at the businesses first Learn the inner language You got this👊
Super keen to help non technical people build their SAAS, reach out
12:43
@danmartell
Ай бұрын
Growth hacks🤝
🔥Content!
background music so annoying
KZread views prints money too.
Gold🎉
Services killed by Saas, Saas killed by AI?
I don't even know what means saas ^^
Mouse clicks everywhere!
Cust Dev
@danmartell
10 күн бұрын
Message me on IG
🎉🎉🎉🎉🎉
@danmartell
Ай бұрын
Appreciate you!
What the f is SaaS?
I just have one question: Why that hairstyle though...! 🤔
Please make your music quieter
@danmartell
Ай бұрын
Noted🙏
🔝
Step 0: Steal someone else's idea and make it better. If its good enough for the big corps, its good enough for the solo dev entrepreneur
Clixkbait
AAAAA
@AVoiceofOneCalling-ti3jj
23 күн бұрын
BBBBB
Grifter lessons, you should be ashamed of yourself.
Bro AI is comming, it will take away the software user interfaces and level up the user experience by asking the user what to do and then execute what the user wants. This video wasted my 9 minutes.
@danmartell
29 күн бұрын
AI will only enhance the saas space The ones who don’t adapt will die
@mehditayshun5595
29 күн бұрын
It's commming