Bootstrapper's Paradise

AI are developing at light speed.  They provide us with a HUGE opportunity to build more powerful B2B SaaS products faster than ever.  One skill in particular will be critically important to continually develop to prepare you as best as possible to succeed in building B2B SaaS products.  Let's talk about it. Free product-market fit course - https://nxtstep.io/fit Episode Transcript  Hey folks, Sea...

Micro SaaS is my favorite design pattern.  I want to talk about why it's so powerful by first defining it for you. Free email course on product-market fit - https://nxtstep.io/fit Episode Transcript  Hey folks, Sean here, and today what I want to talk to you about is defining what micro sass is. So in a few episodes ago, I talked to you about why micro SaaS is one of my new favorite strategies, an...

The biggest mistake I see often is building BEFORE you try to sell your B2B SaaS concept.   Let's talk about why this is a huge mistake and I'll share an example with you from the consumers perspective to prove to you that YOU are already doing this so you know that it works. Free product-market fit course -  Episode Transcript  Hey folks, Sean here and today what I wanna talk to you about is if y...

I'm borderline obsessed with the Micro-SaaS strategy for B2B.  Allow me to explain why that includes a story about how I struggled to use my refrigerators water dispenser. Free product-market fit course - https://nxtstep.io/fit/ Episode Transcript  Hey folks, Sean here and today what I want to talk to you about is this new topic or strategy that I'm borderline obsessed with, that I've been referri...

If you really want to bootstrap your way to success then you're going to have to understand unit economics.   Let's talk about measuring growth for B2B SaaS and the various traps to avoid. Free product-market fit email course - https://nxtstep.io/fit/ Episode Transcript  Hey folks, Sean here, and today what I want to talk to you about is growth for B2B SaaS companies and how to measure it. Now, I'...

In this episode, Founder of GrowthMentor Foti Panagio talks about the importance of having a mentor, the difference between a mentor and a consultant, and how to grow a business without any additional funding. Foti Panagio is a full-stack growth marketer with over a decade of experience in growth with a unique overlap into the world of InfraOps. Foti is the Founder of GrowthMentor where he provide...

If you don't know what type of return you are receiving then how do you know if it's a good investment? This is the million dollar question I ask my B2B SaaS clients to which I usually either don't get a response or they tell me that it's a good question that should be answered. Do you know what your return is on product development investment? Related Article - https://nxtstep.io/daily/product-de...

Back in the mid 2000s we were panicked that data centers would run out of capacity to run applications.   Then technology called virtualization was invented that changed everything (including the teams that managed it). Let's talk about how this story may help us predict how technical teams may change due to the advancement of AI in product development. Related Article - https://nxtstep.io/daily/d...

ChatGPT has passed the Google level 3 software engineering interview. What does this mean? Well it means BIG changes are coming to your product development team (at least they should). So let's talk about what you should be doing to prepare. Related Article -  https://nxtstep.io/daily/ chatgpt-could-work-at-google / Find Product-Market Fit Faster - https://nxtstep.io/fit/ Episode Transcript  Okay...

Software engineering is the biggest bottleneck to progress in product development for B2B SaaS companies. This is all going to change QUICKLY.  ChatGPT can now write code for us and provide building blocks which will make it MUCH faster to build software. Related Article -  https://nxtstep.io/daily/ building-software-much-faster / Video Demonstration - https://youtube.com/shorts/SOmN0AbTD5w Find P...

Pendo's feature adoption report tells us that 80% of product development is wasted. This means product development processes everywhere have a long way to go to becoming more effective. When's the last time your team evaluated how many of your customers are using those latest features? Related Post - https://nxtstep.io/daily/80-percent-waste/ Find Product-Market Fit Faster with my free 5 day email...

Absolute numbers are almost irrelevant when it comes to your customer.   What really matters are relative numbers to what your SaaS product is saving them. Related Article - https://nxtstep.io/daily/is-10k-expensive/ Get started with finding product-market fit faster with my free 5 day email course - https://nxtstep.io/fit/ Episode Transcript  Hey folks, Sean here and today what I want to talk to...

Most B2B SaaS companies I consult with are missing a critical success factor that I call a problem worth solving. Let's discuss what it is so you can determine whether or not it's missing for your B2B SaaS. Episode Transcript  Hey folks, Sean here, and today what I wanna talk to you about is the missing critical success factor that most unsuccessful B2B SaaS companies have yet to figure out. Now,...

Let's talk about how to get your B2B SaaS business on a path to profitability ASAP. Related Post - https://nxtstep.io/daily/profitability-and-the-10x-effect/ Deeper Dive on SaaS Economics - https://nxtstep.io/blog/how-the-world-of-saas-economics-is-changing/ For help with reaching product-market fit faster, sign up for my free 5 day email course - https://nxtstep.io/fit/ Episode Transcript Hey fol...

The bottlenecks that sink most SaaS products are running out of time or money.  Let's talk about how to solve for those to increase your odds of success. Related Post - https://nxtstep.io/daily/everything-comes-down-to-time-and-money/ Deeper Dive on SaaS Economics - https://nxtstep.io/blog/how-the-world-of-saas-economics-is-changing/ For help with reaching product-market fit faster, sign up for my...

A study done by CBInsights tells us that as little as 1.3% of startups might reach so called unicorn ($1B+) status. Let's talk about why anyone would ever take these odds when you do do WAY better at a casino and what you should probably do instead. Study - https://www.cbinsights.com/research/venture-capital-funnel-2/ Related Article on SaaS Economics - https://nxtstep.io/blog/how-the-world-of-saa...

What do SaaS unicorns like Uber and Twitter have in common with Ponzi schemes?  Turns out quite a bit. I want to do a deeper dive on SaaS economic models and why designing a path to profitability is critical for the long-term success of your SaaS product. Free Email Course - https://bootstrappersparadise.com/course Private Coaching - https://bootstrappersparadise.com/coaching Bootstrapper's Paradi...

Mike Benson built and grew Warmup Inbox from the ground up, a product that is used by thousands of companies and was acquired by private equity for millions of dollars. Following his successful exit, Mike now searches for gaps in markets that venture capitalists won’t touch and builds sustainable profitable businesses within them. Here are a few of the topics we’ll discuss on this episode of Produ...

No and low code tools continue their explosion of growth.  They are becoming more specialized and capable.  I believe this to be because software engineering has been the bottleneck on development teams for some time.  While custom engineering isn't going anywhere, the future of the role is likely to change.  Let's talk about the opportunities that might create for product teams. If you want to fi...

Without a clear vision for your organization and a mission for your product, your team will get confused. Let's talk about how to set them and see some popular examples so you can better understand the value here. To find product market fit faster, sign up for my free 5 day email course – https://nxtstep.io/fit Episode Transcript Hey folks, Sean here and today what I want to talk to you about is h...

I've worked on many products where many teams ship most features that make their products worse. The problem here is we get caught in these build loops or traps because we're not following a process to help us first identify what our customers really need.  Let's talk about how to solve this problem. To find product market fit faster, sign up for my free 5 day email course - https://nxtstep.io/fit...

When disruptive technology is invented we sometimes freakout that it may send shockwaves through our industry or render our product obsolete.  Here's why that fear is often overblown and how you should respond instead. If you want to reach product-market fit faster, sign up for my free 5 day email course here - https://nxtstep.io/fit/ Episode Transcript Hey, folks, Sean here and today what I want...

People are using ChatGPT to write everything from poetry to entire books.  So far it seems like it's doing it very well and ridiculously fast.  I want to talk about what this means for the future of writing. Related article - https://thespectator.com/book-and-art/artificial-intelligence-ai-destroy-writing-chatgpt/ If you want to reach product-market fit faster, sign up for my free 5 day email cour...

The OpenAI team shared a survey on their Discord server to gather data on building a pricing model for ChatGPT. I want to talk about the questions they're asking related to pricing and how it might help you perform research for figuring out how to best price your product. Survey - https://docs.google.com/forms/d/e/1FAIpQLScwuQEWBkxsNftEkvUgFx2Ov7pKcrOx8IUlZ241lvet7ziXCQ/viewform Article - https://...

The turmoil at Twitter has created a huge opportunity for Mastodon to fill the vacuum.  Despite some aggressive growth, it has failed to scale. I want to talk about why and what this means for your product in terms of being ready for opportunities to scale. Related Article - https://www.theguardian.com/news/datablog/2023/jan/08/elon-musk-drove-more-than-a-million-people-to-mastodon-but-many-arent-...