Building my SaaS Project.

[Pranav_Banerjee]

Hey guys.
So, I have come up with a SaaS project idea that will cater to hiring managers in organizations. The tools will help them smoothen out the entire hiring process.
Now, I spoke to the HR manager of the organization where I am working currently and he says this can be really helpful to his team and mentioned that the problem is real and needs a solution. I have a list of HR Managers that I am contacting to get some validation.

My question: Out of 10 people, if only 5 acknowledge the potential of the product and the rest 5 don't show any interest, is it wise to still build the product?
Let's say the problem is real. What should be my next steps? Should I run ads and get people to sign-up for the release, or just build the app and release it at once?
I do have a plan of action in mind. I just need a few different perspectives.

 

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[Oso]

Hey guys.
So, I have come up with a SaaS project idea that will cater to hiring managers in organizations. The tools will help them smoothen out the entire hiring process.
Now, I spoke to the HR manager of the organization where I am working currently and he says this can be really helpful to his team and mentioned that the problem is real and needs a solution. I have a list of HR Managers that I am contacting to get some validation.

My question: Out of 10 people, if only 5 acknowledge the potential of the product and the rest 5 don't show any interest, is it wise to still build the product?
Let's say the problem is real. What should be my next steps? Should I run ads and get people to sign-up for the release, or just build the app and release it at once?
I do have a plan of action in mind. I just need a few different perspectives.

Gauging interest without a MVP and gauging interest with a MVP are two completely separate datasets.

You have enough interest (read: data) to justify a MVP. Create the MVP and then begin spreading it. If you receive solid feedback/people want to use it, continue building on it.

 

[Pranav_Banerjee]

Gauging interest without a MVP and gauging interest with a MVP are two completely separate datasets.

You have enough interest (read: data) to justify a MVP. Create the MVP and then begin spreading it. If you receive solid feedback/people want to use it, continue building on it.

Sold advice. Thanks, mate.

 

[Oso]

Sold advice. Thanks, mate.

Any time. Personally, I've learned using a MVP to gauge interest tends to save you time in the long-run, while simultaneously providing you with foundational data that's more concrete.

Good luck. Cheers.

 

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[Hong_Kong]

Hey guys.
So, I have come up with a SaaS project idea that will cater to hiring managers in organizations. The tools will help them smoothen out the entire hiring process.
Now, I spoke to the HR manager of the organization where I am working currently and he says this can be really helpful to his team and mentioned that the problem is real and needs a solution. I have a list of HR Managers that I am contacting to get some validation.

My question: Out of 10 people, if only 5 acknowledge the potential of the product and the rest 5 don't show any interest, is it wise to still build the product?
Let's say the problem is real. What should be my next steps? Should I run ads and get people to sign-up for the release, or just build the app and release it at once?
I do have a plan of action in mind. I just need a few different perspectives.

So the customer base has a problem, but would they pay for a solution? See if you can get any of the people to pay a deposit for early access to the platform or find out how much they would spend. If people aren't ready to take out their credit cards its probably not a "burning problem" for them.
Sounds interesting so far.

 

[Brian5150]

Hey guys.
So, I have come up with a SaaS project idea that will cater to hiring managers in organizations. The tools will help them smoothen out the entire hiring process.
Now, I spoke to the HR manager of the organization where I am working currently and he says this can be really helpful to his team and mentioned that the problem is real and needs a solution. I have a list of HR Managers that I am contacting to get some validation.

My question: Out of 10 people, if only 5 acknowledge the potential of the product and the rest 5 don't show any interest, is it wise to still build the product?
Let's say the problem is real. What should be my next steps? Should I run ads and get people to sign-up for the release, or just build the app and release it at once?
I do have a plan of action in mind. I just need a few different perspectives.

It seems to me that if you've got 5 people out of 10 showing interest, it's worth pursuing. If you have an MVP (Minimum Viable Product) ready to launch, have you done a demo for the HR manager you mentioned or did you just tell them about it? Will they spend money on it? If not, find out why. Would your HR manager be willing to partner with you for a first implementation to work out the bugs? And, for SaaS, you'll need to demo to quite a few prospective customers before you get that first bite, unless your product is so brilliant that it will instantly solve a big problem for them and you have very few competitors. I would put together a nice landing page where people sign up for a Zoom call demo and put some ads on LinkedIn to see if you can get some interest. That should get you started to some degree.

Bottom line, I wouldn't go through all the work of building a fully functional app unless I had undeniable proof of concept first. There is a chasm between your HR manager saying your app would be helpful for his team and the HR manager willing to give you money for it. Keep going and you'll find your way.

 

[Pranav_Banerjee]

So the customer base has a problem, but would they pay for a solution? See if you can get any of the people to pay a deposit for early access to the platform or find out how much they would spend. If people aren't ready to take out their credit cards its probably not a "burning problem" for them.
Sounds interesting so far.

Exactly my thoughts. At the end of the day, I need my customers to pay for the service. Only one way to know - validate more using an MVP.

 

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[Pranav_Banerjee]

It seems to me that if you've got 5 people out of 10 showing interest, it's worth pursuing. If you have an MVP (Minimum Viable Product) ready to launch, have you done a demo for the HR manager you mentioned or did you just tell them about it? Will they spend money on it? If not, find out why. Would your HR manager be willing to partner with you for a first implementation to work out the bugs? And, for SaaS, you'll need to demo to quite a few prospective customers before you get that first bite, unless your product is so brilliant that it will instantly solve a big problem for them and you have very few competitors. I would put together a nice landing page where people sign up for a Zoom call demo and put some ads on LinkedIn to see if you can get some interest. That should get you started to some degree.

Bottom line, I wouldn't go through all the work of building a fully functional app unless I had undeniable proof of concept first. There is a chasm between your HR manager saying your app would be helpful for his team and the HR manager willing to give you money for it. Keep going and you'll find your way.

No, mate. I don't have an MVP ready. I am trying to figure out if it is even worth it to start working on the app. My plan of action is to contact a few more people, and then start building the MVP and take it further from there.
Thanks for the response

 

[RebeccaBoyleCopy]

People say a lot of things but that doesn't mean they will take action. I agree with previous comments that you need to create it and test it out first.

You could create a one page website to promote it but make sure to focus on the benefits of your product, not the features.

 

[srodrigo]

Can you create a prototype in Figma that users can play with to get initial feedback quickly?

 

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