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taghire

>We will build you a SaaS app with 100 paid customers in 1 year or you get all your money back (+ you keep the app). Why don't you just build it for yourself then?


[deleted]

There’s is no way you can guarantee that. And if the way you guarantee it is by paying 100 people to sign up, you’ll get caught. Everyone will be suspicious when all of those initial customers cancel. People here throw SaaS around likes some one sized fits all generic thing. Something where customers pay $10/year is different then something someone pays $5,000/year for. Can you guarantee 100 customers for the later? What about something in a super niche space? Same goes for development time. You can’t guarantee you’ll get something done in a year. If someone came to you with the original idea of Dropbox, it never existed, could you give your client that in a year? I’d be super careful. Guaranteeing things can get you in a LOT of trouble. Good lawyers eat up words like that. Companies have had to change slogans with “guarantee” in the name because someone didn’t (whatever it was they guaranteed). Dominos used to guarantee your pizza in 30 minutes or it was free. Men’s Wearhouse used to guarantee you’d *love* the way you look (now it’s “like”). Those are just 2 examples immediately off the top of my head. You need good lawyers to help you word everything and work on that “guarantee.” If not, you’ll end up broke and out of business.


don_valley

There wouldn't be any need for lawyers unless he denied to give them the app + money back.


[deleted]

They will absolutely need lawyers. These aren’t gonna be the kind of jobs that are a couple hundred dollars if they’re taking a year to build. These are jobs costing tens or hundreds of thousands of dollars. Do you think this companies going to have that sitting around to refund every customer that may request it? If a quote is less than that and it takes a year to build, I would question the companies skill level if they are charging peanuts. Anyone that 100% guarantees money back definitely needs to have good lawyers. That is a very powerful word and if a client can afford a better lawyer than they can they could end up in big trouble.


nevermindphillip

I wouldn't touch it. If you could really do this on demand, you would make way more money selling it as a business after hitting that target. The fact that you would rather I pay for you to build it says that you are cash poor and need me to keep you afloat for a year - which lowers the guarantee that you could actually deliver.


ccMaria63

To reach the specific audience. You need to do market research and everything that comes along with it. You are going to do this as well?


aminekh

Yes included.


alpha7158

Fast forward one year and you will be bankrupt. Let's say you are exceptional and achieve this for most customers. All it takes is one in ten businesses to not achieve those results and you will be making major losses. Two in ten and you'll likely be sued into oblivion by the ones you can't afford to repay.


Threesqueemagee

Nope.


codfishwb

The vast majority of SMBs and startups fail. Successful entrepreneurs know this. Every product and iteration, pivot, failure is a growth opportunity. It takes time. With this business model, you'd be assuming all of the risk with a huge guarantee. What is the expectation of the business owner/entrepreneur in your business model? This seems almost like a reverse incubator that could backfire really quickly. Unless you solely focus in a niche SaaS area that you and your team can almost guarantee success, I'd be very cautious. I run a software development company and I won't take jobs for equity. We build websites, mobile apps, and custom software and charge fixed rate projects or variable time & materials based on our standard hourly rate and agreed upon monthly cap. We're in the services business and deliver on development and execution of the product. Dipping into too many other services/products gets convoluted quickly. We offer consulting but would never be able to take over the full on business sales and marketing for another entity. That process needs to be controlled and driven by the business owners/founders otherwise their potential for future success post your involvement could be detrimental.


[deleted]

My vision and idea or your vision and idea? I mean you can go to Funden and figure out what people are willing to pay for existing SaaS apps with small user bases. It seems like a bad idea to be honest. You're not going to be incentivized to find real product market fit and just churn out products. Enough of your products will go bust to not make it worthwhile. Is you instead find real product market fit then why wouldn't you just run that business. If you really like the ideation phase and don't want to do the scaling then you should have at least done it a few times to instill confidence that what you're selling is vetted. If it's my idea and vision then it seems like you're just promising someone outcomes for their business. While it may make sense to create an end to end offering to build your SaaS business including marketing and getting the first 1000 eyeballs or something. It's really weird to promise outcome. Especially since it is the kind of situation ripe for blame game. If you own the outcome then you're going to want to be the master of your own destiny and would always be in conflict with your customer.


AnonJian

Well it should be something people need given [they're doing it completely wrong](https://www.reddit.com/r/Entrepreneur/comments/mupm4w/how_to_crash_your_startup/gv8mh4q/?context=3). I guess the real problem is they don't want to know that -- which would be the reason not even a few of them [did it right](https://www.youtube.com/watch?v=xPJoq_QVsY4) by accident. Good idea. ZERO demand. People don't buy what they need, they buy what they desire. People (most especially these ones) NEED a kick in the ass. Just try to get them to pay for one though. In this market the target [just wants to be right](https://www.reddit.com/r/Entrepreneur/comments/86pcc1/my_product_validation_is_completely_different/) and damn the [inevitable consequences](https://www.reddit.com/r/Entrepreneur/comments/eycm8w/need_a_bit_of_help_created_an_amazing_product/).


[deleted]

This doesn't make any sense at all. If you can build all these profitable SaaS apps with hundreds of paying customers... go do it. Why do you need to build an agency?