How a “Free” Form Builder SaaS Makes $100k Every Month
2 min read
4 months ago
Published on Apr 22, 2024
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Table of Contents
Step-by-Step Tutorial: How to Build a Successful SaaS Business like Tally
Step 1: Identify a Problem
- Recognize a problem or inefficiency in a particular industry or your own experience.
- For Tally founders, the issue was the lack of affordable and user-friendly form-building tools.
Step 2: Develop a Unique Solution
- Create a unique solution to address the identified problem.
- Tally founders focused on building an easy, beautiful, and free form builder without limitations.
Step 3: Test Your MVP
- Release a Minimum Viable Product (MVP) to a small group of friends and family for initial feedback.
- Incorporate feedback to improve the product before launching it to a wider audience.
Step 4: Conduct Manual Outreach
- Reach out to potential users through manual cold outreach.
- Engage with creators, indie hackers, and startup founders to gather feedback and build a community around your product.
Step 5: Launch Your Product
- Officially launch your product on platforms like Product Hunt to gain visibility.
- Leverage the launch to attract early users and grow your user base.
Step 6: Listen to User Feedback
- Pay attention to user feedback and implement features based on user needs and requests.
- Engage with your community to build loyalty and advocacy for your product.
Step 7: Monetize Your Product
- Offer premium features or plans for users who require additional functionalities.
- Consider options like removing branding or providing custom domains for a fee.
Step 8: Focus on Growth
- Continuously work on growing your user base through positive word-of-mouth, community engagement, and strategic marketing efforts.
- Utilize social media platforms, forums, and relevant communities to promote your product.
Step 9: Maintain a Lean Team
- Operate with a small, focused team to stay agile and efficient.
- Utilize essential tools like Notion for documentation, Slack for communication, Figma for design, Missive for email handling, and CleanShot for product visuals.
Step 10: Scale and Iterate
- Keep evolving your product based on user feedback and market trends.
- Strive for consistent growth while maintaining the core values and user-centric approach that set your product apart.
By following these steps and staying committed to innovation and user satisfaction, you can build a successful SaaS business like Tally and achieve sustainable revenue growth over time.