
Zero to Sold: How to Start, Run, and Sell a Bootstrapped Business

How can I help them with that?
Arvid Kahl • Zero to Sold: How to Start, Run, and Sell a Bootstrapped Business
Small businesses and freelancers are great audiences for a bootstrapped SaaS, as they have budgets. Small budgets, maybe, but if there is a painful problem, there will be money to fix it.
Arvid Kahl • Zero to Sold: How to Start, Run, and Sell a Bootstrapped Business
the effect of referrals will depend on the shareability of your product. Some products will make sharing easier, like network-effect-driven collaboration tools, where a new user will add value to the network for everyone involved. Other products won’t be as easy to share, such as a tool that makes a recruiter find better leads—recruiters probably w
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While it is enticing to go for the big guys with the massive budgets, you will encounter a lot of competition there.
Arvid Kahl • Zero to Sold: How to Start, Run, and Sell a Bootstrapped Business
Aim for equal size or smaller.
Arvid Kahl • Zero to Sold: How to Start, Run, and Sell a Bootstrapped Business
Find your niche audience. Find and validate their critical problem. Invent and validate a solution to their problem. Build a product to implement that solution. Build a business that can repeatedly sell that product to your audience.
Arvid Kahl • Zero to Sold: How to Start, Run, and Sell a Bootstrapped Business
Markets that are becoming hostile to businesses usually are full of very similar competitors, fighting it out over price and marginal differences.
Arvid Kahl • Zero to Sold: How to Start, Run, and Sell a Bootstrapped Business
Who am I helping?
Arvid Kahl • Zero to Sold: How to Start, Run, and Sell a Bootstrapped Business
People in your niche will likely have the same problems.