Welcome to the first post in my diary series where I will walk you through my experiences as I build various bootstrapped products. The plan is to make a different type of app or product in each series (or season) and allow you to follow along.
Here is a list of the type of products or projects I am considering for this series and I think are best suited for the bootstrapped founder.
- Micro Saas’s
- Desktop Apps
- Mobile Apps
- WordPress Plugins
- Platform addon (like a shopify addon)
- Buying an existing product
- Publishing (ebook or magazine)
- Info Product
- Games (Video or Board)
So where to begin…
As I have written before I am an Idea Addict and have plenty of ideas kicking around but for this first project I wanted it to have the following features and characteristics:
- Fit into one of the types of products or projects listed above
- Have a target market that I am part of
- Fix a pain that I have
- Be quick to develop using my existing skills (I am a developer).
Based on that list I decided to go with a Micro Saas like those termed by Tyler Ingas here in his talk on Micro Saas. The target market I am going for is Freelancers as that is what I make a living doing and the pain I am going to fix is Cash flow.
So here it is, The idea I am going to build is a Micro Saas that will help Freelancers or small businesses that deal with clients with their Cash flow. Why Cash flow? In researching the idea and I was amazed at how many people don’t actively track it or understand it’s importance in keeping their business afloat. Now I am not saying that I am an expert, but I do have a system I have been using for the last ten years that has helped me stay in business. This system is what I plan to build into a simple low-cost Micro Saas to help freelancers remain in business.
Stay tuned for next week’s post where I share my product name and some designs and even a landing page 🙂
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