Hello guys, just a kick intro, I'm a computer science engineer and I'm looking to start my own SaaS business, to do this I need to learn, I posted in another forum looking for someone that already found success in the SaaS business and is looking for a totally free developer to build his next SaaS in counterpart this person will teach me the inside of the SaaS industry.
I found one person, with a small SaaS business generation $900 MRR (11 customers), this person wants to build a product that already exists and I'm ok with that. The problem is when I asked him about the competition we told me that the market is totally new, with only one competitor. That didn't sound right to me, so I did some digging, there is a lot of competitors out there, well established and he didn't know about them, he also didn't expose what he can give me in counterpart of my work, but that's a subject for later.
When I started listing all those competitors to this person, he told me that we can do better than them, so I asked him what is our competitive advantage? He responded we can do better than them in term of features and pricing, do this two options count as a competitive advantage? Because both of them can easily be replicated, knowingly that the competitors out there already have features that I can't build for him in a short-term period and already generate revenue.
I found one person, with a small SaaS business generation $900 MRR (11 customers), this person wants to build a product that already exists and I'm ok with that. The problem is when I asked him about the competition we told me that the market is totally new, with only one competitor. That didn't sound right to me, so I did some digging, there is a lot of competitors out there, well established and he didn't know about them, he also didn't expose what he can give me in counterpart of my work, but that's a subject for later.
When I started listing all those competitors to this person, he told me that we can do better than them, so I asked him what is our competitive advantage? He responded we can do better than them in term of features and pricing, do this two options count as a competitive advantage? Because both of them can easily be replicated, knowingly that the competitors out there already have features that I can't build for him in a short-term period and already generate revenue.
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