It’s more common than you think: Many smart marketers and business folks have great ideas for a product and a great plan for selling it, but no ability to build it.
If you are passionate about starting a SaaS or Software business but don’t know programming, should that stop you from pursuing your venture? Not really.
With all the options available today, you don’t need to know how to code to start a SaaS business. Not every successful startup founder has programming skills.
Here are some “tried and tested” options available to non-technical founders:
1. Ideate, Validate & Create
- First start with your market: The “idea” needs to be some combination of your own knowledge, skill, aptitude coupled with an actual need. The idea does not need to be original, but the need must be real.
- Next, create a simple presentation deck of what you are proposing. Test your hypothesis by emailing or talking to atleast 50 potential customers. Keep in mind that 8/10 people say “that’s really interesting” when in fact they will not pay for it. If you can get some customers to commit to buying what you are building (even before showing them the actual product), then you are definitely on the right track. The output of this process is a validated value proposition, and whilst we are at, a sense of the market opportunity.
- Next, hire someone to build MVP: distill your ideas into a simple, functional app that will at least validate or disprove your hypothesis. Use a service like Upwork or Guru to find a developer who will help you build that MVP, and then get it into the hands of your potential customers. No, it won’t do justice to your final vision. But it will tell you whether people are interested in your approach to solving whatever problem you’re solving, and that interest and early traction will give you an edge in the next step: finding a technical co-founder.
Plug: Outsource your SaaS product development to DoubleSpring, an agency that is specialised in building scalable web & mobile applications.
- Finally, find a technical co-founder: It’s a really hard thing to do, especially if you are a first-time founder without significant credentials. Great developers always have great opportunities available to them, so convincing them to partner with you is incredibly hard. Best place to find a technical co-founder: https://angel.co and https://cofounderslab.com
Pro Tip: The way to get startup ideas is not to try to think of startup ideas. It’s to look for problems you have yourself. For many entrepreneurs, successful business ideas don’t start out as businesses at all, but as solutions designed to address a challenge they face personally. For example, we built TeamWave to solve our own frustration with productivity apps.
2. White-Label Partnership
The technology business is very competitive. Building a software product from scratch is a high-risk option. IT / Software projects typically have a high failure rate. But, what if there a way to mitigate risk?
Solution: Consider a white label partnership, rather than building the product yourself. Of all the options available to non-technical founders, white-label licensing has the least risk.
Benefits of a white-label partnership:
- It’s quick and easy to brand. White label solutions are generally fully integrated and ready-made, which makes branding & adding new features very easy. As the reseller/licensee, you’ll be free from concerns about needing to spend time and money on research, development and testing.
- It keeps your customers happier. Your customers have an end goal, and using a mature solution can give them a clear and simple path to reaching it. The time (months or even years) that it takes to develop your own solution can force customers elsewhere for solutions. You can avoid this with a ready-to-use, proven business solution that meets their needs immediately.
- It saves you time and money. Developing a solution from scratch takes a large amount of financial and human capital resources. Even if you think you can build it yourself, it’s important to factor in time for marketing. Remember, it takes time for product architecture, design, building, and testing. Cutting corners in any of these steps can leave you even further behind.
- It gives you access to exceptional talent. Building high-quality web & mobile applications needs expertise. It’s difficult to hire (and manage) a team of “rock-star” designers, developers & project managers. By licensing a white-label solution you can get access to a great team that may be willing to collaborate on new ideas & features.
- It allows you to focus on your business’s core competency. In many cases, the solutions that companies hope to build themselves fall far outside of their areas of expertise. It’s not smart to stretch your resources to do something that doesn’t fit within your core competencies. Avoid making the same mistakes that others have made before you.
3. Buy an Existing SaaS Business
Here’s a scenario that is completely opposite to yours: It’s not uncommon for technical people to build a good product… and have no idea how to sell it!
Just because developers can build good products does not mean they have the skills to do marketing & sales. Or maybe they’re not enthusiastic about “hustling” to scale-up revenue. Hustle does not guarantee success but lack of hustle almost certainly guarantees failure.
You could buy an existing SaaS business and perhaps turn it around with better strategy. Here are some places to find listings of SaaS/Software businesses for sale:
Pro Tip: There’s no such thing as a sure thing–and buying an existing business is no exception. If you’re not careful, you could get stuck with obsolete technology, uncooperative employees or unhappy customers. So be careful and do your due diligence.
4. Partner OR Invest in an Upcoming SaaS Business
Sometimes, its better to join an upcoming startup (that already has initial traction) as a Co-founder than to start from scratch on your own. Again, there are some talented developers with a ready product that need help with marketing, sales and likely capital.
The best way to discover SaaS startups that are looking for Co-founders is to signup on Angel List:
- Goto: https://angel.co/jobs
- Choose your region and use keywords like “SaaS”, “Co Founder”, etc.
- Start a conversation by applying for the role.