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TLDR: Learned a specialized skill → Developed a specialized unit based on the specialized skill → However, discovered that the specialized skill itself has a corresponding demand that I could meet, though it might not have the potential of a specialized unit. Yet, I believe (especially in the early phase I'm in) that I could learn a lot, enabling me to develop better products and create even more value for my users/customers in the future.
Hello Forum,
I had to learn a specialized skill for building my Fastlane business, which I've recently begun transforming into a specialized unit. Specifically, this involves developing a special form of SaaS (Chrome Extensions). By now, I'm already developing my second SaaS product and considering offering the service itself as a product, apart from developing my own products. Reason being, I can't imagine it having similar scaling potential as my SaaS products, but after initial, rough market research, I identified a certain demand for this type of service. Additionally, the development of my current products is taking longer than I'd like, and I want to utilize my time as efficiently as possible and learn as much as possible. Of course, I remain loyal to my products.
I see several advantages here:
I realize especially now that such decisions will have a significant impact on my journey, particularly because they come with relatively large time input from my side. Time input in Project A inevitably leads to less time input for Project B and vice versa. That can't be avoided.
I don't expect hand-holding here or for someone to make this decision for me, but I would appreciate constructive criticism.
Hello Forum,
I had to learn a specialized skill for building my Fastlane business, which I've recently begun transforming into a specialized unit. Specifically, this involves developing a special form of SaaS (Chrome Extensions). By now, I'm already developing my second SaaS product and considering offering the service itself as a product, apart from developing my own products. Reason being, I can't imagine it having similar scaling potential as my SaaS products, but after initial, rough market research, I identified a certain demand for this type of service. Additionally, the development of my current products is taking longer than I'd like, and I want to utilize my time as efficiently as possible and learn as much as possible. Of course, I remain loyal to my products.
I see several advantages here:
- I connect with other SaaS founders for whom I develop their product and would gain insights like "What works well, what doesn't." I could then incorporate this knowledge into my own SaaS products.
- My skills in developing this type of SaaS would improve with each project. This would enable me to develop better features for my users in the future, thus creating even more value.
- It would theoretically be possible, if the demand is high enough, to start a Dev-Agency in the future.
- Coming from the freelancing realm, selling a service wouldn't be too difficult for me (which doesn't mean it won't be a challenge and won't take time).
I realize especially now that such decisions will have a significant impact on my journey, particularly because they come with relatively large time input from my side. Time input in Project A inevitably leads to less time input for Project B and vice versa. That can't be avoided.
I don't expect hand-holding here or for someone to make this decision for me, but I would appreciate constructive criticism.
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