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My startup progress that will buy me a Ferrari

A detailed account of a Fastlane process...

AppMan

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Stopped watching YouTube and listening to news (Ukraine crisis ) while working and seem like my focus is back, so I continued refactoring the front end and the backend ,and the more I work the more I am finding unforgotten mistakes done by developers , they are not intentional , it is just them lack good experience, however weak code will never create a solid software , I am also to blame, I passed many reviews without looking at every line as I trusted some developers while it is clean I shouldn't have.
The software agency responded that they dont have a better developer, and I was expected this response, since I refuse to sign long term contract with them, but also mean they lost me as client for them.
I will be more involved in front end development especially I am idle during my full time job.
Next steps :
  • Get involved more in development to make sure front end code is strong enough to be released to public .
  • Focusing from now on on hiring graphic and html specialized since my focus will be soon turned to marketing once the alpha version get released. I am looking for someone who can do both things graphics and html/css.
  • Start planning how to introduce product to the market, most likely I ll write blogs that compare my product to other competitors, I see this effective in giving some authority to my product.
 
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AppMan

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May 25, 2019
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Clean up time:
1- Got rid of Software agency after their failure to deliver quality code.
2- Got rid of students group and revoked all their permissions, after they proved they are a waste of time.
3- Kept only the best Backend developer.
4- Got rid of angular developer who was delivering buggy code.
5- Hired a new angular developer that know what she is doing and in very good hourly rate .

From :
3 developers + 1 group of students + 1 QA
now :
2 developers ( one backend(part time PM) and one front end ) only

Things learned :
  • The more you hire people the more time you need to manage them.
  • Be careful in hiring, bad hires are waste of time and money and big delay.
  • Track their progress, it is easy to think they are doing something while they are not.
  • They dont have same of your passion and they can leave without looking back.

Alpha release has failed on Feb/28, now reevaluating and setting new target based on available resources .
 

AppMan

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May 25, 2019
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My app now is more stable, have currently 2 developers and 1 QA , things are moving slowly but steadily, this app will be a middle man between customer and business, which is the best model to scale and make healthy profit. my Full time job is back busy so I no longer able to give a lot of to my SaaS unless it is weekend.
I am trying to find a way to leave my full time job to focus on my app , I am thinking in getting some funding with many post covid programs available, as I am more believing to convert this SaaS to business I need to dedicate it more serious time and take some risk.
 

AppMan

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May 25, 2019
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Today I have moved from development stage to business and marketing stage, not because my SaaS is ready , but for the following reasons :
  • Getting feedback from customers or perspective customer.
  • Have feeling that I am running a business instead of just building another software.
  • Many techies take development as fake action to avoid facing some business actions such as sales and marketing, and I want to prove to myself I am doing business part and not hiding behind the development.
  • The development seem never ending and every day there is new competition to my features so it is better to move to business to start promoting.
  • I am planning to market myself to other people as startup founder , and so far I cant call that since I lack many components such as website, customers, etc.
  • My developers kind of reached the diminish point, they are no longer productive as before, so my payments still the same but their productivity almost reached zero and I want to stop this.
 
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AppMan

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May 25, 2019
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Yesterday I met a coworker with me who also started his own SaaS business , but unlike me , he left his day job and spend 2 years building the software, what I found he was good is he faked how perfect is his software , as he is advertising it as a cloud solution while after talking with him it turned out it is not, he also claims that he has many paying customers , yet it doesn't seem his software is production ready. over all he created good marketing materials that display him as a real SaaS startup with a lot of success.
I felt a little jealous because his software is ready while mine still not, however I understand he is in different stage in life when he can afford to leave his day job.
Also I dont think if it is fake app he will go too far, he might fake it in the early stage to report him self as a startup owner, but over the time only real deals stays.
All that gave me another boost that I needed to push my self to work on my SaaS. I am currently designing the website and preparing a list of businesses to contact, also I have subscribed to linkedin learning to learn more about sales as I never did pure sales activity before. I am excited to do the sales calls as sales career is tough one and this will widen my personal skills to more new skills
 

AppMan

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May 25, 2019
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So I have been off since Nov 15 I saved money to have an unpaid leave until Feb so I am fully dedicated to my project, I was able to do some improvement, however, I thought my precious time should not be spent fixing UI bugs, so I hired the first developer and also negotiating with some outsourcing companies to contract the front end to them. So I can focus more on a critical part of the software that makes it stand out, and focus on the business side. am I satisfied with the amount of work I am putting? not really, my family also competing on my time, for my wife especially I am on a long vacation, she is actually not happy with the 75 days off I took since she is afraid we have to put some break on our spending, she is a nonbusiness woman and doesn't have a strategic or business vision so I excuse her.
I have also joined some groups on Facebook for founders that help me a lot and make me gain more knowledge about many marketing and sales technics and software that are there to help gain customers.
On the parallel side, I am continuing my MBA study, I feel now more confident when I talk in business matters with other people, as I can have some credentials to defend my views, also it helps me in my short-term web design and marketing business as before I was asked how I know about marketing if I never studied business. And believe it or not, I get some feeling of accomplishment knowing I am getting a Master's degree, which I needed after years of normal life without any significant accomplishment.

Will give another update at the end of this month, I have now no excuse fully dedicated to this project. let's cross hands.

Lessons learned :
- You need community or people around you to give you push , I found that in the groups I joined.
- Have clear vision what you want to accomplish , it is easy to waste time and money not knowing where are you going.
 

AppMan

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May 25, 2019
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I am in the last days of my long off /unpaid time that I took it to focus on building my SaaS and other businesses and here is what I did and learned :
Things I did :
1- Was able finally to find good front-end and back-end developers to work on my SaaS, the front-end developer is relatively expensive but seems like there are few good angular developers out there. the next project I might use React for UI.
2- Created another business related to the Internet of things and was able to build the website, however as usual the challenge was to get customers. Also, I prototyped some stuff.
3- Learned some CAD tools and a lot of info about prototyping 3D printing, etc, for the first time in 12 years I had the time to install new apps and learn new skills beyond programming.
4- Learned that the competition is too high and any business requires your full time and full attention to get it up and running.
5- Stopped looking for side businesses because I reach the conclusion that I need a partner, simply you only have 24 hours per day.
6- I was planning to do some cold-calling training so far but didn't get a chance.
7- My focus shifted from learning more tech skills to building systems and businesses.

So far I think I have grown in these two months mentally and reached many conclusions, I became more realistic and focused when it comes to finding a business.
 
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AppMan

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May 25, 2019
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One backend and two front-end developers, the development is on tack, also I am back to my full-time contract job. at times feel overwhelmed, but happy that no crappy developer is there.
The inflation rate in Canada just going crazy, although the government keeps saying it is only 6%, the reality is different, I am thinking of renegotiating my contract at the end of this year, as I feel the spending in this way is not sustainable.
I promised my self to start learning cold calling, so far I didn't do it, but planning this week to take that phone and call this.
 

WJK

Legendary Contributor
EPIC CONTRIBUTOR
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Oct 9, 2017
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Alaska
One backend and two front-end developers, the development is on tack, also I am back to my full-time contract job. at times feel overwhelmed, but happy that no crappy developer is there.
The inflation rate in Canada just going crazy, although the government keeps saying it is only 6%, the reality is different, I am thinking of renegotiating my contract at the end of this year, as I feel the spending in this way is not sustainable.
I promised my self to start learning cold calling, so far I didn't do it, but planning this week to take that phone and call this.
Cold calling is practice... and trying some A and B approaches. Keep your stats. You must know your numbers to know what works and what doesn't.
 

AppMan

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May 25, 2019
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So the two and half months ended, this was the longest off time from full-time job I take in 12 years, and here is what I found :
1- You need that time to build your business, employment takes the best of you during the day.
2- Having time without an idea is also useless.
3- Full-time job is not that bad in the end, you get paid for what you like to do and know how to do it, as long as financially rewarding, there is not a lot to miss outside especially if you are not a people person.
4- some benefits of owning a business can be obtained by faking it; nobody will read your accounting records to verify what you say is really what it is.
5- After two and half months of hard work, I feel I am now off and that the pressure is now less on me. I kind of appreciate having a full-time job, finding customers is too much stressful job.
6- My friend who I mentioned before who started a business from scratch is now doing very well, he is talking about doing big stuff and making big purchases, which means he really doing good money, however, he doesn't seem happy in his life, and working his a$$ off.

I felt I got matured a couple of years in this off time, and my view of many things has changed.
Back to my software, well I hired a new guy who charges more but produces better results, however, his last PR was full of bugs, and seem losing his edge.
 
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WJK

Legendary Contributor
EPIC CONTRIBUTOR
Speedway Pass
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Oct 9, 2017
3,127
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Alaska
So the two and half months ended, this was the longest off time from full-time job I take in 12 years, and here is what I found :
1- You need that time to build your business, employment takes the best of you during the day.
2- Having time without an idea is also useless.
3- Full-time job is not that bad in the end, you get paid for what you like to do and know how to do it, as long as financially rewarding, there is not a lot to miss outside especially if you are not a people person.
4- some benefits of owning a business can be obtained by faking it; nobody will read your accounting records to verify what you say is really what it is.
5- After two and half months of hard work, I feel I am now off and that the pressure is now less on me. I kind of appreciate having a full-time job, finding customers is too much stressful job.
6- My friend who I mentioned before who started a business from scratch is now doing very well, he is talking about doing big stuff and making big purchases, which means he really doing good money, however, he doesn't seem happy in his life, and working his a$$ off.

I felt I got matured a couple of years in this off time, and my view of many things has changed.
Back to my software, well I hired a new guy who charges more but produces better results, however, his last PR was full of bugs, and seem losing his edge.
So, you are growing as a person. Yes, it's a big struggle and a learning curve. Each time you put yourself out there, it gets easier until you reach the next challenge. Your skills and your attitude will improve with practice. The day-to-day start-up struggles melt as you learn how to make it work. It's like learning to tie your shoes. You don't have to think about it step-by-step. A lot will have become an automatic reflex.
 

Tau Ceti

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Sep 15, 2014
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725
Stockholm, Sweden
Hey man,

I read your thread with great interest and please don't take any offense to what I am about to say, but it seems that you are not going anywhere with this business.

As far as I can tell, you still don't have a single user and your app/website is still not out to the public. My question is what are you waiting for?

You should focus on releasing the application no matter what before the end of this month.
Build 1 feature and 1 feature only. Just the one that provides value. That's it.

I know you may think you need more features but you don't.

What you need is users and customers and now you have neither.

So get you app out there, get some users, listen to their feedback and iterate on your idea. You don't need other devs at this stage, or QAs or product managers or development agencies.

What you need is 1 single paying customer to validate your idea.

Once you get to 100s of paying users,, and the workload becomes to much between support emails, bug-fixes and new features to build, then you can start hiring VAs to handle support requests.

And so on and so forth.

Don't let perfect be the enemy of good. Your users don't give a crap if you use best practices and if you app is bug-free. Peter Levels, famously ran his SAAS without git for many years, had a single massive PHP file and one big CSS file, and he made a 100k per month with that.

Anyway, I don't mean to bring you down. It's tough out there but I am also building a SaaS and I have made some of the mistakes that you made so I just wanted to give you an outside opinion on your current situation.

Best of luck.
 

AppMan

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May 25, 2019
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I read your thread with great interest and please don't take any offense to what I am about to say, but it seems that you are not going anywhere with this business.

As far as I can tell, you still don't have a single user and your app/website is still not out to the public. My question is what are you waiting for?
I agree with that the progress of building software is slow, in fact I halted all the dev activities because I found I have no enough time to make meaningful progress.

Then two things pushed be back to the project again
1- COVID19 which let me work from home and be able to have another personal PC beside my work PC.
2- Working as Contractor which give me enough financial power to fund hiring other developers as for me I don't have time and energy after 8 hours of day job to do any programming.
However I still have things that slow me down
1- my full time job (Contract)
2- the nature of freelancers, they get motivated at first then flake once they found another client or think they will get paid for do nothing.
3- having a young family is also take big chunk of my time
4- Studying to get my MBA.


Why I don't have alpha or beta version already open for public ? well without some features that I am going to release , you really don't have anything that other competitors going to offer.
Imagine you release something similar to MailCheat(Chimp) but more buggy and basic , and without any feature that MailCheat(Chimp) doesn't have. Who is in the right mind to use such app.
The only way to speed it up is by partnering with someone else, but so far I don't like the idea of having a partner, as I want to be free at least with this project.
However I decided any future project I will look for partner from start. And this is my advise to anyone cant dedicate to their startup to seek partner who have abundance of time.
 
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