Hey folks,
You may recall from my intro post that I've been on the forum since around 2016. I've forgotten my previous account in a break I took while building and selling my commercial cleaning business. After the sale I took some time to slowlane up some cash to pay off some debts and what not but over the last couple of months have been ramping up to start a SAAS venture.
After some flakiness from a seller on a SAAS I was going to purchase from them, I have pulled out of the deal. I felt I had to trust my gut.
So back at the drawing board this week I had one thought on my mind: "How can I just get started? Even buying a SAAS is taking too long..." and the echo in mind of reading posts about doing something with which I have "domain authority".
Finally something I had sidelined some years back for a variety of reasons seemed so much more appealing now. I had got decently far into developing a management tool of sorts for the janitorial industry but had a lot of growing pains in my primary business (the cleaning one) at the time (long story for another time) that it just fell out of my scope of concern. Since being back slowlane it became more and more distant and out of mind as well.
In the meantime the industry has gotten a little more competitive but the main one I planned to compete toe to toe with looks to have taken on a bunch of debt, feature creep, blown up in employee count (expenses), and now no longer advertises their prices openly so I am going to guess got even more expensive (I already thought I could compete on price easily if need be).
This may change but my two current goals are:
1. Switch over to doing this full time at 200k ARR (I am blessed to make more than this at my day job but will take the cut to focus on it full time when this happens).
2. Exit at 1M ARR (unless I am doing like +20% month over month or something).
I've decided, screw it, despite all the issues I have with it - it is what I am going with and I will handle them. So here is the start of I think my first ever progress thread on this forum ladies and gents. Cheers!
You may recall from my intro post that I've been on the forum since around 2016. I've forgotten my previous account in a break I took while building and selling my commercial cleaning business. After the sale I took some time to slowlane up some cash to pay off some debts and what not but over the last couple of months have been ramping up to start a SAAS venture.
After some flakiness from a seller on a SAAS I was going to purchase from them, I have pulled out of the deal. I felt I had to trust my gut.
So back at the drawing board this week I had one thought on my mind: "How can I just get started? Even buying a SAAS is taking too long..." and the echo in mind of reading posts about doing something with which I have "domain authority".
Finally something I had sidelined some years back for a variety of reasons seemed so much more appealing now. I had got decently far into developing a management tool of sorts for the janitorial industry but had a lot of growing pains in my primary business (the cleaning one) at the time (long story for another time) that it just fell out of my scope of concern. Since being back slowlane it became more and more distant and out of mind as well.
In the meantime the industry has gotten a little more competitive but the main one I planned to compete toe to toe with looks to have taken on a bunch of debt, feature creep, blown up in employee count (expenses), and now no longer advertises their prices openly so I am going to guess got even more expensive (I already thought I could compete on price easily if need be).
This may change but my two current goals are:
1. Switch over to doing this full time at 200k ARR (I am blessed to make more than this at my day job but will take the cut to focus on it full time when this happens).
2. Exit at 1M ARR (unless I am doing like +20% month over month or something).
I've decided, screw it, despite all the issues I have with it - it is what I am going with and I will handle them. So here is the start of I think my first ever progress thread on this forum ladies and gents. Cheers!
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