SaaS Ideas To Build Right Now That Will Make You $10k+ MRR

0:00in this video I'm going to talk through seven SAS ideas you can build right now to start generating ten thousand dollars a month or more in Revenue I'm Rob Walling a Serial entrepreneur I've written three books on entrepreneurship and I've invested in more than 125 companies if you stick around to the end of this video you'll hear a fun bonus idea that's mostly b2c but for the right person I think would be an amazing fit I want to give a shout out and a thank you to founder of nugget.1 Justin Vincent all the ideas in this video were pulled from nugget.1 and I appreciate Justin letting me use them I want to preface

0:31these ideas with three things number one no validation has been done on these ideas so I leave that as an exercise for the viewer number two you shouldn't reach out to me about these ideas none of them are mine none of them are my pain points and number three with each of these ideas it's likely there are already Tools in these areas but if anything that kind of validates the problem it can imply that there's an existing market and a need for this and also you have the advantage of a second mover so you can go look at reviews of these products you can talk to their

0:59users you can go to Facebook groups you can go to communities that use these existing products that may already solve this problem to find out where they're dropping the ball find out what could be done better not all ideas need to be zero to one in fact most should not be if you want to build a million or multi-million dollar SAS product the odds of there being no competition is really low so with that let's kick off with our first idea slack for Medical Teams I work at a research lab that often works with private patient information it's incredibly difficult to communicate with my teammates online

1:29because we're not allowed to share any patient info over text or phone it would be great to have a chat app that uses an encrypted service but still functions like a normal messaging app something that would get approved by the IRB and as a note the IRB is the institutional review board and they approve or disapprove of things that are used in experiments and in the study of humans and human behavior going back to the submission encrypted chat isn't difficult to do but to have something dedicated for research purposes would be really nice to have I really like ideas like this that you could only see if you

2:02were deep in the space if you're not a researcher if you've never run into that problem of wanting to be able to text someone or send an email with some information and knowing that you can't legally do that then you wouldn't know a problem like this exists and I'm pretty sure slack has a HIPAA compliant version that you can pay for but that doesn't mean there is not room for a dedicated tool like this that would be purpose built to solve this exact pain Point idea number two is project management software for roofers even though the word roofer is hard for me to say uh I

2:34think this is an interesting idea so let's go to the submission I currently work for a roofing business and due to having multiple employees a Gantt chart or Cascade diagram management system would be great to coordinate staff and set out each individual task that has been estimated for it could also show the next job for workers based on location and price I use smartsheet but it's not custom and thus it's not easy to use specifically for our trade at tinyseed which is the SAS accelerator I run we've invested in several startups that make software for the construction Niche construction is one of those industries that while a bit Tech averse

3:10really hasn't had a ton of great tools built for them and we've had a few Founders who used to work in construction and then decided to build a tool we've also had one or two who didn't really have any ties to construction but instead got in the Facebook groups went to the in-person events talked to contractors talked to those people running Roofing businesses or electrical contractors and figured out what it would take to get them to use and pay for a piece of software and if I wanted to pursue this idea those are the next steps that I'd be looking to take idea number three is an

3:40automated qualitative data platform for customer feedback the submitter says I work in a tech industry startup for e-learning a big pain point is that we receive thousands of pieces of customer feedback what we don't have a way to automatically process them instead a human has to categorize and tag each piece of feedback to understand the demands and needs of our users based on Who provided the feed actually does sound like kind of a drag I would definitely pay for software that uses natural language processing NLP if you're familiar with it to categorize our feedback there are products out there that do this but inadequately or for way too much money this is an

4:13interesting problem if they don't do it well it implies it might be hard to do so there's a bit of a technical hurdle there or if there's way too much money I wonder if it's expensive to do let's say they're charging 50 or 100 000 a year to do this and you can build a tool where your cost is not tremendous and you can come in at half the price it's a really intriguing idea back to the submission there has to be a better and cheaper way to tag open-ended qualitative customer feedback I've tried searching for terms like customer feedback qualitative coding right now we have a contractor

4:42review every piece of customer feedback manually and tag it I wonder if this is a specific tool for customer feedback or should this be for any type of qualitative data that comes through think about if you're a restaurant and you get a ton of reviews and you're trying to figure out which ones are positive and which ones are negative I know that we backed a company called localizer that does this that helps folks with Google reviews and Yelp reviews and they built an engine to do just that to interpret incoming reviews because it's it's the same problem it's tens or hundreds or thousands of pieces of content and you don't want to have to

5:15manually review each one to me it feels like there's an obvious need here to interpret qualitative customer feedback I wonder if that's just one angle though you know are there multiple verticals here where you could build a tool that maybe you start with customer feedback as the angle but then you add on other use cases or other verticals as it gains traction it's a really interesting one idea number four is a tool to manage SSL certificates submitter says I work for an internet service provider in systems engineering we currently use an in-house Wiki to keep track of approximately 30 SSL certificates including where they're purchased from what servers they're used

5:51on and when they expire 30 certificates may not sound bad until you factor in that about 10 of them are wild cards and therefore used on many services or servers these 30 certs cover a variety of services like ldap HTTP mail and a myriad of other functions probably to the tune of 100 to 200 actual deployments it would be nice to have dedicated software to keep track of these and warn via email SNMP or some other mechanism at custom intervals that certificates need renewing would be even better if this could be set to randomly pull the method used is really clever ldap https IMAP Etc and make sure the

6:24cert is good for that server or service I have tried looking for solutions for this unfortunately most of the options are for Enterprise only environments and only Built for Windows IIs or only track HTTP currently we're manually solving this with a Wiki but it's cumbersome and prone to error this is a really interesting problem and I wonder there have to be other people in businesses out there that have this I'm wondering if a prototype of this couldn't just be built with no code aside from the the part where he says going out to the ldap and HTTP and https and hitting servers that's potentially something you could

6:53do with low code where you build the basic interface that does the create read update deletes tracking emailing like all that is so easy these days with bubble or air table or any of these systems and then if you dipped into code just a bit or hired a developer to dip into that you could potentially add that piece but that was really a nice to have if you want to know the truth right the core of this idea I don't think hinges on having that functionality from the start idea number five is an app for roofing mock-ups and visualization the submitter says I work in construction

7:22sales one of the biggest customer reasons for not making a decision to buy is they cannot Envision the color in fact according to HomeAdvisor color is the most important decision when remodeling there is software that lets you create a mock-up of siding options by taking a picture of the home and superimposing different sightings but there is no software for roofs instead we're forced to hold up little pieces of shingles to the roof and hope that they're able to Envision it not only do I think this would increase sales but it would also increase customer satisfaction and their comfort level another one for roofers as I said before

7:52the construction industry is an often neglected vertical that people aren't diving into it's a customer paying type of situation this is almost like a wedge to build something more valuable because just to build it as a sales tool this is not something you can charge a ton of money for right there's value but not thousands and thousands a year in value but what could be interesting is allowing them to do the mock-up and then tying that into the engineering like is this something that you can then use to do your ordering on or you can literally design the project on here and it'll do a 3D rendered mock-up but you can also

8:23then use that during your ordering during the construction phase the planning phase and all other aspects of a project because that becomes a lot more valuable idea number six is centralized job alerts for upwork freelancer.com and so on submitter says I'm a freelance web designer I have to constantly look for clients and it's a difficult task there are multiple freelancing websites that help me find potential clients up work and freelancer.com are two of many I would love software that would check for potential jobs on those websites at regular intervals and keep me posted so I can apply to them as soon as they become available I bet there are systems

8:57out there that do this what I wonder is are they any good and if you go into the Facebook groups into the freelancer forums if you talk to Freelancers do they use them and if not why not this sounds like a interesting fun technical problem to solve I guess it'd be a lot of scraping of things and there's a bit of platform risk and kind of out running I'm sure upwork wants to block scrapers at imaginefelancer.com similar I would be sure to do quite a bit of validation before building something like this Freelancers are notorious for being cheap and for churning because I stopped freelancing or they go out of business

9:30or they get a full-time job so do I think this is a 10 million dollar business no I don't do I think it's an interesting product that solves a pain point that this person obviously has yeah just might be an interesting product to build and my seventh and final idea for today before we dive in to the bonus idea of course is a platform to speed up the paperwork process of car sales and I'm gonna say up front we had to buy a car in the past few months after our old one got totaled and the process for picking out and choosing the car was fine it was great

9:58we had a checkbook we were little really writing a check and it took over an hour just to get through the paperwork super interesting and frustrating that in this modern day we weren't just signing everything on iPads or giving them our information once and having it propagate to all the forms it was all on paper and it was a ton of stuff printed out and I was surprised that it took this long but here's the the post from the submitter I worked in the car sales industry for several years and the one thing that is still not streamlined is the paperwork process I believe if a company created

10:27either software or an application that utilized data that you have already collected and pre-printed it onto paperwork required for car purchases it would save a ton of time both for the companies who sell the vehicles and also for people buying them the paperwork process is easily one of the worst parts for car buyers and it's commonly quoted in complaints and bad reviews I have tried looking for a solution I was not able to find anything my first question is does this need to be on paper at all or can you get a Microsoft Surface or an iPad Pro and just do everything electronically but even if you can't

10:57being able to take the information once and put it on all these forms terms you know I think of all these payroll providers that started doing that basically made the process of filling out these PDF forms automated enough and if I was going to tackle this problem of course as always I'd have conversations with more people definitely know there's a pain Point here what I don't know is why hasn't it been solved is it truly just a technical challenge or is there some other reason that this isn't getting any better in a minute I'm going to talk through the eighth bonus idea that I think would be amazing for the

11:25right person but first I want to let you know that we at microconf are doing Mastermind matching we only do this a couple times a year and we match folks based on their location based on Revenue a number of other factors masterminds have been critical in my business success they've been critical in the success of many successful entrepreneurs that you know if you are interested in being matched up with other like-minded Founders and starting a mastermind group that meets once or twice a month and allows people to support you on your entrepreneurial Journey so you don't feel as alone as you probably do right now head to microconf.com

11:58masterminds the bonus I idea is kayak for RV camps and in addition to the idea I have some fun commentary from producer Ron who helps me craft these videos so the original poster says I'm 29 years old and my fiance and I recently purchased our first motorhome recreational vehicle thinking it would be easy to book RV campsites we found it is not we learned that you have to call around to every campsite and give them dates that you like to be there this is an issue because we are busy with work and we don't have time to call around when we want to go camping we'd love to

12:30see a website similar to kayak or Expedia that populates all available RV spots within a specific location and allows us to book them online we have looked and none exist here's one thing I like about this idea is I would never have thought of it without hearing from this individual and then producer Ron who does a lot of camping had a few thoughts and wanted to chime in as well and he said as a user this would be awesome as a builder there are a lot of hurdles and it would likely be a hard problem to solve there have been some attempts to build in this space like hip

13:00camp.com but nothing combines the government state federal campgrounds with the private campgrounds some of the private campgrounds are small mom and pop places that are not particularly Tech forward and some especially big RV parks do have decent web presences ultimately this is more of a b2c play and if you want to hear a success story in this space check out animast's microcomp talk on this channel it went live just a couple weeks ago on January 5th we'll link it up in the description but it's a fascinating story of Anna and her mom building boondockers welcome in the RV space it's kind of like Airbnb for camping and then they exited they

13:35sold for a life-changing amount of money it's a great story and I hope you check it out I hope you enjoyed the seven plus the bonus SAS ideas we brought to the table today if you enjoyed this video please hit the like And subscribe to the channel we do SAS ideas videos just like this about every month or two and they seem to be some of the more popular videos on the channel so if you like And subscribe we'll be more likely to do them again in the future

14:02foreign [Music]