I have a SaaS idea - what should I do next: the steps to start building your SaaS business alongside your job

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Published date:
October 22, 2024
You’ve just had that lightbulb moment—a brilliant business idea pops into your head. The excitement is real, but so are the questions: How can you turn this idea into a successful venture while balancing the demands of your full-time job? Can you really build a business without giving up the stability of your 9-to-5?
The good news? You don’t need to quit your job to start building your business. Many entrepreneurs have successfully built thriving businesses while still working their day jobs. In fact, taking the 'side hustle' approach is not just a great way to test your ideas and minimise risk, but it also empowers you to gain momentum without sacrificing financial stability.
This guide will provide you with actionable steps to transform your idea into a thriving business, all while maintaining the security of your current employment.

Step 1: Validate Your Idea Quickly

When you have an exciting idea, it’s tempting to dive straight into building it out. But wait! You don’t want to spend months—or worse, years—creating something no one actually wants. The first thing you need to do is validate your idea to ensure it solves a real problem people care about.

Speak to Potential Users: The first step in validation is understanding whether your target audience has the problem you’re trying to solve. Start by talking to potential customers and see if your solution excites them. You’re not just looking for confirmation of your idea—you’re looking for clues about what truly matters to your audience.

Create a simple landing page: Once you have a clearer idea of what your target customers need, create a landing page that explains your product idea. No need to build the full product yet! This page should describe the problem you’re solving and offer an email signup for people interested in learning more. This is your low-effort, high-impact way of testing interest. Are people clicking through? Signing up? If so, you’re on the right track.

Build Feedback Into Early Product Design: Once you’ve gathered feedback from potential customers, use it to inform your initial product concept. Based on your findings, outline the key features your product must have to address user pain points. Avoid adding unnecessary features at this stage. Start thinking about the flow of your product and how customers will use/benefit from it. 

Step 2: Break Your Vision into Small, Actionable Tasks

When you’re balancing a full-time job and building a business, feeling overwhelmed is inevitable. The solution? Break down your grand vision into small, bite-sized tasks you can tackle over time.

Set weekly goals: Rome wasn’t built in a day, and neither will your business. Instead of stressing about the big picture, focus on what you can accomplish each week. This might be something as simple as completing market research or sketching out initial wireframes. Each completed goal brings you one step closer to your dream.

Use task management tools: There are tons of tools that can help you stay organised and focused. Platforms like Trello or Asana are great for breaking your project into to-do lists, keeping track of what’s done and what’s coming next. These tools make your big project seem far less daunting—plus, there’s something super satisfying about checking off tasks.

Step 3: Build and Test Your MVP 

Once you’ve gathered feedback and know your idea has potential, the next step is to build a Minimum Viable Product (MVP). An MVP is the simplest version of your product that solves the core problem for your users. It's not the final product but a version that allows you to test your idea in the real world without spending too much time or money. 

Leverage No-Code Platforms to Build the MVP

One of the biggest barriers to building a business alongside a job is the lack of time, funds and technical expertise. Fortunately, the rise of no-code platforms makes it easier than ever to build a working product without having to hire developers, learn programming or raise a bunch of cash.

Benefits of using no-code tools:

  • Speed: No-code platforms allow you to quickly build and iterate on your MVP without waiting for a development team to write code.
  • Flexibility: You can make changes and experiment with different features on your schedule.
  • Cost: Hiring developers can be expensive, but no-code platforms allow you to keep costs low while still creating a functional, scalable product.

No-Code Tools to Help You Build Fast

Here are three top no-code platforms you can use to build everything from landing pages to fully functional apps:

  • Webflow: This platform is ideal for building visually stunning, fully responsive websites. It’s a drag-and-drop editor that makes creating complex websites a breeze—no coding required. Webflow is perfect if you need a custom landing page that looks professional from day one.
  • Dexla: Looking to build a robust web app fast? Dexla is built specifically for B2B apps. It combines no-code tools with AI to help you design, prototype, and deploy web applications quickly. Think of it as your all-in-one platform for building scalable SaaS apps or dashboards, even if you’re not a techie.
  • Glide: If you need to create a mobile app quickly and don’t want to deal with complex coding or hiring a developer, Glide is your best friend. You can build a functional, data-driven app in minutes by simply linking it to a Google Sheet! It’s perfect for turning simple ideas into powerful mobile apps.

Test MVP with Real Users and Gather Feedback

Once your MVP is ready, get it in front of real users as quickly as possible. The sooner you receive feedback, the sooner you can make improvements. The feedback you collect from these users will be incredibly valuable. It will tell you what works, what doesn’t, and what needs to be improved. The goal here is to learn, adjust, and keep refining your product.

Step 4: Budget Smartly and Reduce Financial Risk

You’re still working your day job, and that’s a huge advantage. Why? Because it gives you the financial stability to build your business in a stress-free environment, and if you’re smart with your money, you’ll be able to fund your business yourself without breaking the bank.

Leverage free/low-cost tools

A lot of the tools required in the early stages of a business are either free or very reasonably priced. Your main costs should be tools for website/product development or small subscriptions to get your product up and running. Be mindful not to sign up to lengthy contracts; you’re better off paying slightly more but being able to cancel at your convenience. Stick to the lowest plans, and don’t worry about scaling anything right now. The aim is to understand what customers are struggling with and creating an MVP that solves those problems.

Keep Your Budget Lean

It’s easy to get carried away with fancy tools and unnecessary expenses, but early on, less is more. Prioritise spending on what moves the needle—like product development or customer acquisition. Work from home, use free trials or open-source software, and market through social media instead of splurging on paid ads or office space. You don’t need to incorporate a company until much later down the line when you’re generating revenue, so put all of your time and funds into validating your idea. 

Step 5: Build Your Personal Brand While You Build Your Business

Before you launch your product, start building your personal brand. Your brand is what people will trust and connect with long before they see your product.

Document Your Journey

People love stories. Share your progress and insights on social media, through blogs, or even on YouTube. Show people how you’re building a business while managing a full-time job. Not only does this make your journey relatable, but it builds trust with your audience.

Engage with Your Target Audience

Start conversations on LinkedIn, Twitter, or in niche online communities. Share your thoughts on industry trends, ask questions, and provide value. The more you engage, the more people associate your name with your expertise.

Start Building an Email List

Even if your product isn’t ready, start capturing email subscribers early. By building your brand early, you’ll create anticipation for your product and grow an audience that’s eager to support you when you launch.

Step 6: Outsource and Automate to Maximize Efficiency

You don’t need to do everything yourself. Outsourcing tasks and automating repetitive work can save you valuable time and help you focus on what truly matters—growing your business.

Outsource Non-Core Tasks

Use platforms like Fiverr or Upwork to hire freelancers for tasks like social media management or administrative work. This frees up your time to focus on high-impact activities—like refining your product and talking to customers.

Automate Repetitive Processes

Tools like Zapier can automate routine tasks like sending emails, updating spreadsheets, or posting on social media. Automating the repetitive stuff frees up your mental bandwidth, letting you focus on what matters most.

Conclusion

Starting a business while working full-time is challenging, but with careful planning and disciplined execution, it’s entirely achievable. The key is to break your big vision into manageable steps, validate your idea early, and consistently work towards your goals—no matter how small those steps may seem. Don’t wait for the "perfect" moment to start. Take that first step today, and watch how each action propels you forward on your entrepreneurial journey!
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