Top 10 Avoidable Mistakes SaaS Startups Make
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In this video, I'm going to cover the In this video, I'm going to cover the top 10 mistakes that SAS startups should top 10 mistakes that SAS startups should top 10 mistakes that SAS startups should avoid. I'm going to walk through the avoid. I'm going to walk through the avoid. I'm going to walk through the most common mistakes I see from both new most common mistakes I see from both new most common mistakes I see from both new and experienced SAS founders. I'm Rob and experienced SAS founders. I'm Rob and experienced SAS founders. I'm Rob Walling. I'm a startup founder with Walling. I'm a startup founder with Walling. I'm a startup founder with multiple exits, author of three books multiple exits, author of three books multiple exits, author of three books about building startups, and an investor about building startups, and an investor about building startups, and an investor in more than 100 companies. Mistake in more than 100 companies. Mistake in more than 100 companies. Mistake number one is building something that no number one is building something that no number one is building something that no one cares about. cannot count the number one cares about. cannot count the number one cares about. cannot count the number of times I've seen a SAS founder go off of times I've seen a SAS founder go off of times I've seen a SAS founder go off into their basement for 6 months and into their basement for 6 months and into their basement for 6 months and build something they think the world build something they think the world build something they think the world wants without any external validation wants without any external validation wants without any external validation without any idea if anyone will pay them without any idea if anyone will pay them without any idea if anyone will pay them money for it. And maybe they want it, money for it. And maybe they want it, money for it. And maybe they want it, maybe it's for them and they're maybe it's for them and they're maybe it's for them and they're scratching their own itch, but they've scratching their own itch, but they've scratching their own itch, but they've done no validation that anyone else in done no validation that anyone else in done no validation that anyone else in the world will be willing to use this or the world will be willing to use this or the world will be willing to use this or anyone else will be willing to pay for anyone else will be willing to pay for anyone else will be willing to pay for it. and they've done no validation that it. and they've done no validation that it. and they've done no validation that they can reach those people in any kind they can reach those people in any kind they can reach those people in any kind of a sustainable way. It's perhaps the of a sustainable way. It's perhaps the of a sustainable way. It's perhaps the most common mistake that I see and it's most common mistake that I see and it's most common mistake that I see and it's one you should avoid. Mistake number two one you should avoid. Mistake number two one you should avoid. Mistake number two is underpricing your product. Pricing is is underpricing your product. Pricing is is underpricing your product. Pricing is the biggest leverage in SAS. Recurring the biggest leverage in SAS. Recurring the biggest leverage in SAS. Recurring revenue is this amazing cheat code that revenue is this amazing cheat code that revenue is this amazing cheat code that we get for free because SAS is a we get for free because SAS is a we get for free because SAS is a subscription business. But the issue subscription business. But the issue subscription business. But the issue that I see is many founders will that I see is many founders will that I see is many founders will undervalue not only what their product undervalue not only what their product undervalue not only what their product does, but they undervalue the time does, but they undervalue the time does, but they undervalue the time they've invested. And they look around they've invested. And they look around they've invested. And they look around at the rest of the competitive landscape at the rest of the competitive landscape at the rest of the competitive landscape and think to themselves, if I basically and think to themselves, if I basically and think to themselves, if I basically clone a product and I underpric by 10, clone a product and I underpric by 10, clone a product and I underpric by 10, 20, 30%, that will be enough to get 20, 30%, that will be enough to get 20, 30%, that will be enough to get customers. And usually that's not the customers. And usually that's not the customers. And usually that's not the case. Most businesses factor price into case. Most businesses factor price into case. Most businesses factor price into their decision-m, but it's not the sole
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their decision-m, but it's not the sole their decision-m, but it's not the sole factor. And I think often times we bring factor. And I think often times we bring factor. And I think often times we bring this consumer price sensitive mindset to this consumer price sensitive mindset to this consumer price sensitive mindset to a business context and in business price a business context and in business price a business context and in business price is just one of many factors and in fact is just one of many factors and in fact is just one of many factors and in fact if a business can ensure that they will if a business can ensure that they will if a business can ensure that they will get better results by paying more money get better results by paying more money get better results by paying more money they will. A lot of consumers will not they will. A lot of consumers will not they will. A lot of consumers will not do that and often times being as do that and often times being as do that and often times being as expensive or even more expensive than expensive or even more expensive than expensive or even more expensive than your competitors can offer up an your competitors can offer up an your competitors can offer up an advantage in terms of the signal that it advantage in terms of the signal that it advantage in terms of the signal that it sends about the quality of your brand. sends about the quality of your brand. sends about the quality of your brand. Mistake number three is trying to be a Mistake number three is trying to be a Mistake number three is trying to be a little too innovative. There are so many little too innovative. There are so many little too innovative. There are so many opportunities in B2B SAS that are opportunities in B2B SAS that are opportunities in B2B SAS that are basically a simple twist on an existing basically a simple twist on an existing basically a simple twist on an existing product or a refresh of an old clunky product or a refresh of an old clunky product or a refresh of an old clunky competitor that people are tired of that competitor that people are tired of that competitor that people are tired of that hasn't been refreshed in 10 years and hasn't been refreshed in 10 years and hasn't been refreshed in 10 years and has an old user interface. Tons of has an old user interface. Tons of has an old user interface. Tons of opportunity in these spaces, but many opportunity in these spaces, but many opportunity in these spaces, but many SAS founders look at the Silicon Valley SAS founders look at the Silicon Valley SAS founders look at the Silicon Valley model of needing to be this massively model of needing to be this massively model of needing to be this massively innovative disruptive force that's going innovative disruptive force that's going innovative disruptive force that's going to be worth a billion or10 billion. And to be worth a billion or10 billion. And to be worth a billion or10 billion. And if that's your goal to get there, then if that's your goal to get there, then if that's your goal to get there, then yeah, it's the likelihood is you're yeah, it's the likelihood is you're yeah, it's the likelihood is you're going to have to do something that going to have to do something that going to have to do something that didn't exist before. You think about didn't exist before. You think about didn't exist before. You think about Facebook as a social network. There were Facebook as a social network. There were Facebook as a social network. There were other social networks around, but other social networks around, but other social networks around, but Facebook was the one that that, you Facebook was the one that that, you Facebook was the one that that, you know, gained the traction. And Uber was know, gained the traction. And Uber was know, gained the traction. And Uber was for the most part, it wasn't the first for the most part, it wasn't the first for the most part, it wasn't the first ride sharing app, but it, you know, it ride sharing app, but it, you know, it ride sharing app, but it, you know, it was the one that was the winner take was the one that was the winner take was the one that was the winner take all. Well, in SAS, it isn't winner take all. Well, in SAS, it isn't winner take all. Well, in SAS, it isn't winner take all in almost all spaces. You can have all in almost all spaces. You can have all in almost all spaces. You can have amazingly profitable and fast growing amazingly profitable and fast growing amazingly profitable and fast growing SAS companies that are the second or the SAS companies that are the second or the SAS companies that are the second or the third or even the fourth player in a third or even the fourth player in a third or even the fourth player in a space. if the space is big enough. So space. if the space is big enough. So space. if the space is big enough. So don't feel like you have to reinvent the don't feel like you have to reinvent the don't feel like you have to reinvent the wheel or build something amazing. If a
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wheel or build something amazing. If a wheel or build something amazing. If a business is using Excel to solve a business is using Excel to solve a business is using Excel to solve a problem today, that's an opportunity. problem today, that's an opportunity. problem today, that's an opportunity. And if your SAS app is going to replace And if your SAS app is going to replace And if your SAS app is going to replace that, it doesn't need to be super that, it doesn't need to be super that, it doesn't need to be super complex and fancy. It probably just complex and fancy. It probably just complex and fancy. It probably just needs to be, you know, a bit better than needs to be, you know, a bit better than needs to be, you know, a bit better than that Excel spreadsheet and, you know, that Excel spreadsheet and, you know, that Excel spreadsheet and, you know, enable communication and enable people enable communication and enable people enable communication and enable people to get it done a little faster. The to get it done a little faster. The to get it done a little faster. The fourth mistake is expecting that a good fourth mistake is expecting that a good fourth mistake is expecting that a good product will sell itself. So many product will sell itself. So many product will sell itself. So many founders think that their idea is so founders think that their idea is so founders think that their idea is so innovative or that it is so much better innovative or that it is so much better innovative or that it is so much better than the current examples, pen and than the current examples, pen and than the current examples, pen and paper, Excel or a competitor that it's paper, Excel or a competitor that it's paper, Excel or a competitor that it's just going to market itself, right? That just going to market itself, right? That just going to market itself, right? That it it's not going to need anyone to go it it's not going to need anyone to go it it's not going to need anyone to go out and a let people know it exists and out and a let people know it exists and out and a let people know it exists and then b convince people that it is then b convince people that it is then b convince people that it is actually a better option. And so just actually a better option. And so just actually a better option. And so just keep in mind if you're going to start a keep in mind if you're going to start a keep in mind if you're going to start a SAS app, it requires marketing and it SAS app, it requires marketing and it SAS app, it requires marketing and it requires sales. Don't use companies like requires sales. Don't use companies like requires sales. Don't use companies like Apple or Basecam as examples of these Apple or Basecam as examples of these Apple or Basecam as examples of these companies that they just built it and companies that they just built it and companies that they just built it and people came, right? They built it and people came, right? They built it and people came, right? They built it and suddenly they had customers. There are suddenly they had customers. There are suddenly they had customers. There are so many reasons why those are exceptions so many reasons why those are exceptions so many reasons why those are exceptions to the rule that you will have to market to the rule that you will have to market to the rule that you will have to market and sell your product. That's the way and sell your product. That's the way and sell your product. That's the way 99.9% of products are sold today. And in 99.9% of products are sold today. And in 99.9% of products are sold today. And in fact, if you think Apple doesn't do fact, if you think Apple doesn't do fact, if you think Apple doesn't do marketing, it's because their marketing marketing, it's because their marketing marketing, it's because their marketing is so good, it doesn't look like is so good, it doesn't look like is so good, it doesn't look like marketing. Mistake number five within marketing. Mistake number five within marketing. Mistake number five within the business, it's working on the easy the business, it's working on the easy the business, it's working on the easy things. So, if you're a designer, why things. So, if you're a designer, why things. So, if you're a designer, why not just keep continually redesigning not just keep continually redesigning not just keep continually redesigning your homepage to make it better? If your homepage to make it better? If your homepage to make it better? If you're good on a microphone, why not you're good on a microphone, why not you're good on a microphone, why not start a podcast that builds an audience start a podcast that builds an audience start a podcast that builds an audience that maybe you can sell your SAS to? If that maybe you can sell your SAS to? If that maybe you can sell your SAS to? If you're a developer, build more features.
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you're a developer, build more features. you're a developer, build more features. These are the easy things. These are the These are the easy things. These are the These are the easy things. These are the things that are your comfort zone, and things that are your comfort zone, and things that are your comfort zone, and it's where you want to live in that it's where you want to live in that it's where you want to live in that business. Hard things are things like business. Hard things are things like business. Hard things are things like grinding on a new marketing approach, grinding on a new marketing approach, grinding on a new marketing approach, analyzing, testing, and improving your analyzing, testing, and improving your analyzing, testing, and improving your marketing funnel, doing sales demos, marketing funnel, doing sales demos, marketing funnel, doing sales demos, asking for the sale, things that make asking for the sale, things that make asking for the sale, things that make you uncomfortable that actually grow the you uncomfortable that actually grow the you uncomfortable that actually grow the business are the things that you should business are the things that you should business are the things that you should be working on. And I do see a lot of be working on. And I do see a lot of be working on. And I do see a lot of founders working on the easy slashf fun founders working on the easy slashf fun founders working on the easy slashf fun things. And that is not a great way to things. And that is not a great way to things. And that is not a great way to grow a business. In a startup, every grow a business. In a startup, every grow a business. In a startup, every week is like a month and every month is week is like a month and every month is week is like a month and every month is like a quarter. Mistake number six is like a quarter. Mistake number six is like a quarter. Mistake number six is moving slowly. the cadence of shipping moving slowly. the cadence of shipping moving slowly. the cadence of shipping features and getting marketing features and getting marketing features and getting marketing approaches out the door and getting new approaches out the door and getting new approaches out the door and getting new blog posts written and getting content blog posts written and getting content blog posts written and getting content marketing and SEO and ad campaigns and marketing and SEO and ad campaigns and marketing and SEO and ad campaigns and optimizing your funnel. These things optimizing your funnel. These things optimizing your funnel. These things have to be so much faster than probably have to be so much faster than probably have to be so much faster than probably any day job you've had at, you know, if any day job you've had at, you know, if any day job you've had at, you know, if you've worked at for the government or you've worked at for the government or you've worked at for the government or at a Fortune 1000 company. These at a Fortune 1000 company. These at a Fortune 1000 company. These entities move pretty slowly. And in a entities move pretty slowly. And in a entities move pretty slowly. And in a startup, you can't move slowly because startup, you can't move slowly because startup, you can't move slowly because your competition is not moving slowly. your competition is not moving slowly. your competition is not moving slowly. And one of the main advantages you have And one of the main advantages you have And one of the main advantages you have as an earlystage SAS startup is that you as an earlystage SAS startup is that you as an earlystage SAS startup is that you can move so much faster than that can move so much faster than that can move so much faster than that competition. You cannot beat them competition. You cannot beat them competition. You cannot beat them head-to-head. They have more resources, head-to-head. They have more resources, head-to-head. They have more resources, more money, more developers. But if you more money, more developers. But if you more money, more developers. But if you have big incumbents, one of your chief have big incumbents, one of your chief have big incumbents, one of your chief advantages is moving quickly. So don't advantages is moving quickly. So don't advantages is moving quickly. So don't squander it by making this mistake of squander it by making this mistake of squander it by making this mistake of moving too slow. Mistake number seven is moving too slow. Mistake number seven is moving too slow. Mistake number seven is waiting too long to hire. I get it. I'm waiting too long to hire. I get it. I'm waiting too long to hire. I get it. I'm a bootstrapper. I bootstrapped all the a bootstrapper. I bootstrapped all the a bootstrapper. I bootstrapped all the SAS companies that I launched. But even SAS companies that I launched. But even SAS companies that I launched. But even then I hired out support within a few then I hired out support within a few then I hired out support within a few months of launching them. And then I
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months of launching them. And then I months of launching them. And then I hired out development even though I was hired out development even though I was hired out development even though I was a developer within 6 months after that. a developer within 6 months after that. a developer within 6 months after that. Waiting too long to hire straps you to Waiting too long to hire straps you to Waiting too long to hire straps you to the business so that not only does it the business so that not only does it the business so that not only does it become a job but you can't move as become a job but you can't move as become a job but you can't move as quickly as you'd like. See mistake six quickly as you'd like. See mistake six quickly as you'd like. See mistake six that I just mentioned. I find that some that I just mentioned. I find that some that I just mentioned. I find that some founders are resistant to giving up I founders are resistant to giving up I founders are resistant to giving up I guess it's control or they think that no guess it's control or they think that no guess it's control or they think that no one can do a particular job as good as one can do a particular job as good as one can do a particular job as good as they can. And maybe they're right. But they can. And maybe they're right. But they can. And maybe they're right. But if you hang on to everything for the if you hang on to everything for the if you hang on to everything for the life of your company, you're going to be life of your company, you're going to be life of your company, you're going to be constraining the growth dramatically. constraining the growth dramatically. constraining the growth dramatically. You're going to work too many hours. You're going to work too many hours. You're going to work too many hours. You're going to burn out. And frankly, You're going to burn out. And frankly, You're going to burn out. And frankly, it's more fun to do as a team. There was it's more fun to do as a team. There was it's more fun to do as a team. There was a time when I really wanted I thought I a time when I really wanted I thought I a time when I really wanted I thought I wanted to startups as a solo person. And wanted to startups as a solo person. And wanted to startups as a solo person. And I did. And in fact, I got pretty lonely, I did. And in fact, I got pretty lonely, I did. And in fact, I got pretty lonely, got pretty boring, and I got tired of got pretty boring, and I got tired of got pretty boring, and I got tired of grinding on support tickets and doing grinding on support tickets and doing grinding on support tickets and doing things that frankly are below your pay things that frankly are below your pay things that frankly are below your pay grade as a founder. So, as a founder, grade as a founder. So, as a founder, grade as a founder. So, as a founder, think about how soon can I hire support think about how soon can I hire support think about how soon can I hire support out. Even if it requires being a out. Even if it requires being a out. Even if it requires being a developer or being more technical, you developer or being more technical, you developer or being more technical, you can find people who are technical enough can find people who are technical enough can find people who are technical enough to do support. And even if you think to do support. And even if you think to do support. And even if you think it's being close to the customer, which it's being close to the customer, which it's being close to the customer, which it is, you can find people who will pass it is, you can find people who will pass it is, you can find people who will pass along those notes and who will along those notes and who will along those notes and who will communicate to you the important things communicate to you the important things communicate to you the important things so that you can stay in close contact so that you can stay in close contact so that you can stay in close contact with your customers. Mistake number with your customers. Mistake number with your customers. Mistake number eight is fundraising too early. You'll eight is fundraising too early. You'll eight is fundraising too early. You'll hear me say, build your business instead hear me say, build your business instead hear me say, build your business instead of your slide deck. The best slide deck of your slide deck. The best slide deck of your slide deck. The best slide deck is traction. it's MR and I see folks is traction. it's MR and I see folks is traction. it's MR and I see folks coming out with an idea and a sketch on coming out with an idea and a sketch on coming out with an idea and a sketch on a sheet of paper and they're looking to a sheet of paper and they're looking to a sheet of paper and they're looking to raise funds and the the hard part is if raise funds and the the hard part is if raise funds and the the hard part is if you are able to raise funds at that you are able to raise funds at that you are able to raise funds at that point you are very likely to burn point you are very likely to burn point you are very likely to burn through those funds before you have any through those funds before you have any through those funds before you have any type of traction and be able to raise at
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type of traction and be able to raise at type of traction and be able to raise at a higher valuation. So if you decide a higher valuation. So if you decide a higher valuation. So if you decide that you are not going to bootstrap that you are not going to bootstrap that you are not going to bootstrap longterm, bootstrap it as long as you longterm, bootstrap it as long as you longterm, bootstrap it as long as you can and maybe raise some friends and can and maybe raise some friends and can and maybe raise some friends and family, but think about the fact that in family, but think about the fact that in family, but think about the fact that in the early days your company is worth so the early days your company is worth so the early days your company is worth so much less the less traction you have. So much less the less traction you have. So much less the less traction you have. So you have to actually sell more of it for you have to actually sell more of it for you have to actually sell more of it for the same dollar amount. In addition, we the same dollar amount. In addition, we the same dollar amount. In addition, we have seen founders apply to Tiny Seed, have seen founders apply to Tiny Seed, have seen founders apply to Tiny Seed, which is the startup accelerator for SAS which is the startup accelerator for SAS which is the startup accelerator for SAS bootstrappers that I run. And we see bootstrappers that I run. And we see bootstrappers that I run. And we see folks applying with $2 or $3,000 of MR folks applying with $2 or $3,000 of MR folks applying with $2 or $3,000 of MR who have burned through $200 or $300,000 who have burned through $200 or $300,000 who have burned through $200 or $300,000 of funding because they raised it and of funding because they raised it and of funding because they raised it and they felt like they needed to spend it. they felt like they needed to spend it. they felt like they needed to spend it. Having money can be this amazing Having money can be this amazing Having money can be this amazing resource. But it's also easy to waste it resource. But it's also easy to waste it resource. But it's also easy to waste it and to spend it too fast in an early and to spend it too fast in an early and to spend it too fast in an early stage product because you don't know if stage product because you don't know if stage product because you don't know if product market fit is going to take you product market fit is going to take you product market fit is going to take you 3 months or 27 months. More people 3 months or 27 months. More people 3 months or 27 months. More people should think about bootstrapping longer should think about bootstrapping longer should think about bootstrapping longer than do today. Funding is not a panacea. than do today. Funding is not a panacea. than do today. Funding is not a panacea. It does not solve all the problems that It does not solve all the problems that It does not solve all the problems that we think it does. You still have to we think it does. You still have to we think it does. You still have to grind it out and get to product market grind it out and get to product market grind it out and get to product market fit. Mistake number nine is not vesting fit. Mistake number nine is not vesting fit. Mistake number nine is not vesting founder equity. This is just a basic founder equity. This is just a basic founder equity. This is just a basic startup mistake. I've seen folks where startup mistake. I've seen folks where startup mistake. I've seen folks where two founders get together, maybe three.
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two founders get together, maybe three. two founders get together, maybe three. They each own the 50 or 33% of that They each own the 50 or 33% of that They each own the 50 or 33% of that company. They don't vest their equity, company. They don't vest their equity, company. They don't vest their equity, meaning they get all the equity upfront meaning they get all the equity upfront meaning they get all the equity upfront and they don't have to work in order to and they don't have to work in order to and they don't have to work in order to earn that equity. and then one founder earn that equity. and then one founder earn that equity. and then one founder leaves 6 months in. 50% of the equity or leaves 6 months in. 50% of the equity or leaves 6 months in. 50% of the equity or two founders left with 33 each and two founders left with 33 each and two founders left with 33 each and there's just someone not working on the there's just someone not working on the there's just someone not working on the business who owns a third of your business who owns a third of your business who owns a third of your company. This is pretty much 101 startup company. This is pretty much 101 startup company. This is pretty much 101 startup advice. But if you're not vesting your advice. But if you're not vesting your advice. But if you're not vesting your equity with your co-founders, you're equity with your co-founders, you're equity with your co-founders, you're making a big mistake. I'm going to get making a big mistake. I'm going to get making a big mistake. I'm going to get to the 10th mistake I see SAS founders to the 10th mistake I see SAS founders to the 10th mistake I see SAS founders making in just a second. But if you're making in just a second. But if you're making in just a second. But if you're enjoying this video, I'd love it if enjoying this video, I'd love it if enjoying this video, I'd love it if you'd hit the like button below and you'd hit the like button below and you'd hit the like button below and subscribe to the channel. We have subscribe to the channel. We have subscribe to the channel. We have amazing content coming out on this amazing content coming out on this amazing content coming out on this channel almost every week and it's from channel almost every week and it's from channel almost every week and it's from videos like this that are topical and videos like this that are topical and videos like this that are topical and tactical to conference talks, live tactical to conference talks, live tactical to conference talks, live streams, all things aimed at SAS streams, all things aimed at SAS streams, all things aimed at SAS founders. And with that, the 10th founders. And with that, the 10th founders. And with that, the 10th mistake is thinking in terms of months, mistake is thinking in terms of months, mistake is thinking in terms of months, not years. SAS takes a long time. The not years. SAS takes a long time. The not years. SAS takes a long time. The cheat code that we get with recurring cheat code that we get with recurring cheat code that we get with recurring revenue also brings with it the opposite revenue also brings with it the opposite revenue also brings with it the opposite of a cheat code, which I don't know the of a cheat code, which I don't know the of a cheat code, which I don't know the word for that, but it's basically that word for that, but it's basically that word for that, but it's basically that you can't charge $1,000 upfront for your you can't charge $1,000 upfront for your you can't charge $1,000 upfront for your software. Maybe you can charge $30 a software. Maybe you can charge $30 a software. Maybe you can charge $30 a month and you get that thousand dollars month and you get that thousand dollars month and you get that thousand dollars over the course of many, many months.
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over the course of many, many months. over the course of many, many months. And that makes it hard to grow revenue, And that makes it hard to grow revenue, And that makes it hard to grow revenue, right? It's a lot harder than when you right? It's a lot harder than when you right? It's a lot harder than when you could back in the day you did could back in the day you did could back in the day you did downloadable software and you sold it downloadable software and you sold it downloadable software and you sold it for thousands, tens of thousands of for thousands, tens of thousands of for thousands, tens of thousands of dollars. SAS takes a long time to build dollars. SAS takes a long time to build dollars. SAS takes a long time to build up, takes a long time to find product up, takes a long time to find product up, takes a long time to find product market fit. And you need a lot of market fit. And you need a lot of market fit. And you need a lot of customers to get to substantial MR. And customers to get to substantial MR. And customers to get to substantial MR. And so if you think that you're going to get so if you think that you're going to get so if you think that you're going to get product market fit in a few months, product market fit in a few months, product market fit in a few months, you're going to get to 10K a month in a you're going to get to 10K a month in a you're going to get to 10K a month in a few months, you're going to have the few months, you're going to have the few months, you're going to have the success that you want from your SAS success that you want from your SAS success that you want from your SAS startup in a few months, it's not going startup in a few months, it's not going startup in a few months, it's not going to happen. Very, very rare. It's the to happen. Very, very rare. It's the to happen. Very, very rare. It's the Cinder Cinderella stories where that Cinder Cinderella stories where that Cinder Cinderella stories where that happens. And frankly, my I've been known happens. And frankly, my I've been known happens. And frankly, my I've been known to say there are no Cinderella stories. to say there are no Cinderella stories. to say there are no Cinderella stories. Expect to invest years into building Expect to invest years into building Expect to invest years into building your SAS. So, thanks so much for joining your SAS. So, thanks so much for joining your SAS. So, thanks so much for joining me. I hope you enjoyed this video me. I hope you enjoyed this video me. I hope you enjoyed this video covering the top 10 mistakes that SAS covering the top 10 mistakes that SAS covering the top 10 mistakes that SAS startups should avoid. I'll see you in startups should avoid. I'll see you in startups should avoid. I'll see you in the next video.
Summary
This analysis highlights common mistakes SAS startups make, emphasizing the importance of building something people actually care about and validating demand. It also touches on underpricing products and mentions the concept of "scratching your own itch" without external validation. The takeaway is to prioritize market validation and strategic pricing over assumptions or excessive innovation.