7 New AI SaaS Ideas You Can Start in 2024

Summary

In this informative episode, T.K. unveils a three-step framework designed to guide SaaS entrepreneurs in developing and validating their business ideas efficiently. By focusing on market specificity, the 'jobs to be done' framework, and leveraging data with AI, T.K. not only shares a structured approach to avoid wasted efforts but also generates seven innovative SaaS ideas tailored for early-stage entrepreneurs. The episode aims to empower founders to accelerate their path to successful SaaS ventures without falling into the 'one more feature' trap.

Takeaways

• 🚀 The current time is ideal for starting a SaaS business, especially with the rise of AI and technology advancements.
• 🛠️ The speaker emphasizes a three-step framework for developing and validating SaaS ideas to avoid wasting time on unneeded features.
• 🧠 The first principle is to start with the market, not the product, and to be very specific about the target market, ideally one the entrepreneur is familiar with.
• 🔍 The 'Jobs to be Done' framework is introduced as a method to understand the daily tasks and problems of the target market, which is crucial for developing relevant solutions.
• 🤖 Using AI, particularly large language models, can assist in tasks such as idea generation, investor matching, and customer finding for early-stage entrepreneurs.
• 💡 The importance of not just building a product but ensuring it solves a real problem is highlighted to avoid falling into the 'one more feature' trap.
• 📈 The speaker shares personal experiences and lessons learned from building and selling SaaS companies to provide practical advice.
• 📝 A detailed example is given on how to apply the framework to generate seven new SaaS ideas tailored to early-stage entrepreneurs.
• 🔑 The power of using existing data combined with AI to create value propositions for specific jobs to be done is demonstrated.
• 🌐 The script mentions the potential of networking and community building for entrepreneurs, suggesting an AI events match-up as one of the SaaS ideas.
• 🔗 The MGP framework (Market, Go-to-Market, Product) is briefly introduced as a comprehensive approach for developing, validating, and selling SaaS products.

Q & A

What is the main focus of the video script?

The main focus of the video script is to provide a framework for developing and validating SaaS ideas to avoid wasting time and resources on the wrong product.

What is the three-step framework mentioned in the script?

The three-step framework mentioned is not explicitly named in the script, but it involves defining the target market, understanding the jobs to be done for that market, and then developing SaaS ideas based on those jobs.

Why is it important to start with the market rather than the product when developing a SaaS idea?

Starting with the market is important because it helps ensure that the product being developed is tailored to a specific group of people's needs, reducing the risk of building a product that no one wants.

What is the 'Jobs to be Done' framework and how is it applied in the script?

The 'Jobs to be Done' framework is a method to understand what people are trying to achieve in their daily tasks and the problems they face. In the script, it is applied to identify the key activities and challenges faced by early-stage entrepreneurs to develop relevant SaaS ideas.

What is the significance of using AI in developing SaaS ideas as mentioned in the script?

The significance of using AI is to leverage large language models and existing data to create innovative solutions that can address the identified jobs to be done more effectively and efficiently.

How does the script suggest using AI to generate SaaS ideas?

The script suggests combining available data with AI to create solutions for the jobs identified. For example, using AI to analyze market trends for idea generation, investor databases for investor matching, or network data for finding first customers.

What are some of the SaaS ideas developed in the script for early-stage entrepreneurs?

Some of the SaaS ideas developed in the script include an idea generator, investor match, AI mockup builder, customer finder, sleep tracker, guided meditation app, and event match-up to find community.

Why is it recommended to validate the SaaS idea before building the product?

Validating the SaaS idea before building the product ensures that there is a market demand for the product, reducing the risk of investing time and resources into a product that may not be successful.

What is the MGP framework mentioned in the script?

The MGP framework, as implied in the script, stands for Market, Go to Market, and Product. It is a comprehensive approach to developing, validating, and launching a SaaS product.

What is the SaaS Launch Challenge and how does it relate to the script's content?

The SaaS Launch Challenge is a self-directed course mentioned in the script that teaches the full framework of developing, validating, and launching a SaaS product, which aligns with the content discussed in the script.

How does the script suggest engaging with the target market to validate the SaaS idea?

The script suggests building a list of at least 100 people in the target market and engaging with them to validate the idea before starting product development.

What is the importance of the community for entrepreneurs as discussed in the script?

The script highlights the importance of community for entrepreneurs as it provides a support network, a sense of belonging, and opportunities for collaboration and learning from like-minded individuals.

What is the role of personal health and stress management in the context of developing a SaaS business as per the script?

The script emphasizes the role of personal health and stress management as critical components of an entrepreneur's journey, affecting their ability to sustain the effort required to develop and grow a SaaS business.

Outlines

00:00

🚀 Starting and Scaling SaaS Businesses

The speaker introduces the current favorable climate for starting Software as a Service (SaaS) businesses and shares their experience in developing and scaling two SaaS companies in the last 18 months. They pose critical questions about developing the right SaaS idea and avoiding wasted effort on the wrong product. The episode's focus is on a three-step framework for developing and validating SaaS ideas to prevent such pitfalls. The speaker also promises to apply this framework to generate seven new SaaS ideas and encourages viewers to either adopt these ideas or use the framework for their own ventures. The introduction to the 'Unstoppable' channel by T.K., the host, includes an invitation for viewers to subscribe for weekly strategies on growing SaaS businesses.

05:01

🛠 The Framework for Developing SaaS Ideas

This paragraph delves into the first principle of the speaker's framework for developing SaaS ideas, emphasizing the importance of starting with a well-defined market rather than immediately jumping into product development. The speaker shares their personal journey as an entrepreneur, the challenges faced, and the lessons learned from building a product without first ensuring it solved a real problem. The framework's second principle is introduced: understanding the 'jobs to be done' for the target market, which involves identifying the daily tasks and problems of the market segment. The speaker suggests using AI tools to assist in this process and provides an example of how to apply this to early-stage entrepreneurs, listing seven jobs that are central to this market segment.

10:01

🤖 Leveraging AI for SaaS Idea Generation

The speaker continues to elaborate on the framework, focusing on the third principle: generating SaaS ideas by combining existing data with AI. They propose a method for creating compelling SaaS ideas by considering the data available to the target market and how AI can offer insights or solutions. Live demonstrations are given on how to apply this principle to the early-stage entrepreneur market, resulting in seven distinct SaaS ideas. These ideas range from an idea generator to an investor match service, an MVP mockup builder, a customer finder, a sleep tracker for health, a guided meditation app for stress management, and an event match-up service for community building.

15:01

🔍 Validating SaaS Ideas with the MGP Framework

The speaker transitions to discussing the validation of SaaS ideas using the MGP framework, which focuses on market, go-to-market strategies, and product development. They emphasize the importance of engaging with the target market to validate ideas before investing time and resources into product development. The speaker introduces the 'SaaS Launch Challenge,' a self-directed course designed to teach pre-founders how to develop, validate, and eventually sell their SaaS ideas. The course covers the entire process from idea validation to pricing and demo strategies, aiming to equip founders with the knowledge to successfully operate their own SaaS businesses.

20:02

🌟 Empowering Founders with Actionable Strategies

In the concluding paragraph, the speaker reflects on their passion for building SaaS companies and coaching founders. They stress that the strategies and frameworks shared are based on practical experience and are designed to help avoid common pitfalls. The speaker encourages viewers to subscribe for more episodes and to share the content with others who might benefit from the insights. They also highlight the importance of having a strategy for both life and business, positioning themselves as a guide for those who wish to pursue an 'unstoppable' path in entrepreneurship.

Keywords

💡SaaS

SaaS stands for 'Software as a Service', which is a software delivery model in which software and its associated data are centrally hosted on the cloud. In the video, the theme revolves around starting and scaling a SaaS business, emphasizing the importance of choosing the right SaaS idea to avoid wasting time and resources on products that may not meet market needs.

💡Framework

A framework in this context refers to a structured set of concepts or rules that provides guidelines for developing and validating business ideas. The video introduces a three-step framework for developing SaaS ideas, which includes defining the market, understanding the 'jobs to be done', and using data plus AI to generate insights and solutions.

💡Market

In the video, 'market' refers to the specific group of people or businesses that a SaaS product is intended to serve. The speaker emphasizes the importance of being specific about the target market, as it is the foundation for understanding their needs and developing relevant solutions.

💡Jobs to be Done

The 'Jobs to be Done' framework is a theory that suggests that customers 'hire' products or services to get a job done. In the script, this concept is used to understand the daily tasks and challenges faced by early-stage entrepreneurs, which helps in identifying potential areas for SaaS solutions.

💡MVP (Minimum Viable Product)

MVP stands for 'Minimum Viable Product', which is a version of a new product with just enough features to satisfy early customers and provide feedback for future development. The script mentions building an MVP as one of the jobs early-stage entrepreneurs need to do, highlighting its importance in the product development process.

💡AI (Artificial Intelligence)

AI refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. In the video, AI is presented as a tool to combine with existing data to create new SaaS ideas, such as an idea generator or a customer finder.

💡Validation

Validation in a business context means confirming that a proposed product or idea is something that the market wants or needs. The script discusses the importance of validating a SaaS idea before investing significant time and resources into development.

💡Scaling

Scaling refers to the process of increasing the size, capacity, or scope of a business operation. The speaker mentions actively scaling two SaaS companies and provides a framework to help others scale their own SaaS businesses effectively.

💡Entrepreneur

An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The video is aimed at early-stage entrepreneurs, discussing their challenges and needs in the context of developing and growing a SaaS business.

💡Burnout

Burnout is a state of chronic physical and mental exhaustion often caused by excessive and prolonged stress. The script identifies maintaining health and managing stress as part of the jobs early-stage entrepreneurs face, suggesting that preventing burnout is crucial for their success.

💡Community

In the context of the video, 'community' refers to a group of people sharing a common interest or purpose, such as entrepreneurship. The speaker mentions the importance of finding a community for support and connection, which is a job to be done for entrepreneurs.

Highlights

The current period is one of the best times to start a SaaS business due to the 'air wave'.

The speaker has developed and is scaling two SaaS companies within the last 18 months.

A three-step framework is introduced to develop and validate SaaS ideas without wasting time on the wrong product.

The importance of starting with the market rather than the product when developing a SaaS idea.

The Jobs To Be Done framework is emphasized for understanding the daily tasks and problems of the target market.

Using AI to generate a list of top tasks for early-stage entrepreneurs as an example of applying the framework.

The speaker's personal experience of building a full-featured product without market validation.

The success of the last company developed by the speaker, backed by notable venture capital firms.

Coaching over 500 founders on the framework for growing SaaS companies.

Seven new SaaS ideas are developed live using the framework, targeting early-stage entrepreneurs.

The strategy of combining existing data with AI to create compelling SaaS solutions.

Developing an AI idea generator by leveraging market trends and user inputs.

Creating an investor match service using public investor data to connect entrepreneurs with potential backers.

The concept of an AI mockup builder to help visualize early-stage products without coding.

Using network data to find first customers for a new venture.

Introducing an AI sleep tracker to help entrepreneurs maintain their health.

Developing a guided meditation app powered by AI to assist with stress management.

Finding community through an AI events match-up service for entrepreneurs.

The MGP framework: Market, Go to Market, and Product development stages.

The SaaS Launch Challenge course as a resource for learning the full MGP framework.

The importance of validating ideas before building products to avoid common entrepreneurial pitfalls.

Transcripts

Now is

one of the greatest times

to be starting a SaaS business,

especially because of the air wave.

In fact,

in the last 18 months alone,

I started developing, validated.

And I

am actively scaling

two specific SaaS companies.

Here's a big question, though.

How do you actually develop

your SaaS idea?

How do you make sure you're picking

the right SaaS idea?

How do you make sure you actually don't

waste months

toiling away coding and end up

building the wrong SaaS product?

In this episode,

I'm going to walk you

through my three step framework

on exactly how to develop

your SaaS ideas and validate them

so that you don't waste months

building the wrong product.

And I'm going to do

you even better

as I explain what the framework is.

I'm going to actually apply the framework

and develop seven new SaaS ideas.

It is my sincere hope

that you actually steal

one of these ideas at all of them.

I love.

Or you actually use the framework

to develop your own SaaS idea.

Either way, my goal for you

is that by the end of this episode

you are going to know

exactly what you need to do

to actually accelerate your path

to owning and operating

and scaling your own SaaS business.

Intro

That's everybody.

Welcome to Unstoppable.

I'm T.K.

and on this channel I helped

SaaS founders

like you grow your size businesses faster

with an unstoppable strategy.

Now, if new to this channel, welcome.

I drop an episode every single Sunday

with actionable strategies and tactics

from the trenches

on how to grow your SaaS business faster.

So if you're new, be sure

to hit that subscribe button

and that bell icon.

That way

you'll get notified

every single time I drop an episode

with the TC Energy.

Now, if you're already

part of this community,

if you're part of my SaaS, go to market

coaching program.

If you're a customer of one of my SaaS

companies, five people.

Welcome back.

It's so awesome to see you over here.

I remember when I first started

getting into the SaaS game,

I had a day job

as an engineer

at one of the largest hedge

funds in the world,

but I knew I wanted

to become an entrepreneur.

I knew that

I wanted to start my own SaaS business.

So I adopted this schedule.

I started developing this product

and I used to wake up at 6 a.m.

and I was to work until 8:30 a.m.

in the morning

then I would drive to work.

I would be at work from 9 a.m.

to 5 to 5:30 p.m..

I would then drive back

and then I would eat dinner

and then from 630 to 7 p.m.

all the way to 11 p.m.

at night, I would then code again.

I did this schedule for months

building a really full featured product

and every single time

I put it out there a little bit,

nothing would work.

And so I would go back

and add more features to the product.

I fell into the one more feature trap,

and after months of building

and building and building,

I realized

I hadn't built a product

that people actually wanted.

solve the real problem

and wasted all those hours

and all those months.

But eventually

I figured out

how to actually develop ideas,

how to actually take them to market.

My last company, Toyota,

which is what I developed

after that

failed product,

amassed 100,000 registered users.

It was backed by the likes of Andresen

Horowitz, Jackson Square Ventures.

We grew that company

and then we exited it to a market

leader called Marketo.

Over the last 18 months,

I've actually developed

two new SaaS ideas taking in the product

market fit,

and they are now scaling in revenues

and over the last five years

since I sold Tout app,

I've actually coached over 500 founders

on this framework

on how to grow SaaS companies.

So in this episode I'm

going to walk you

through that three step framework

and I'm going to give you seven

new SaaS ideas that either

you steal

or you develop your own

using the framework.

I'm about to teach you.

So if you're excited to dig in

and smash up

like button for the YouTube algorithm,

let's go to principle number one.

So principle number one in developing

your SaaS ideas.

And what I'm going to do

is give you the framework really quickly

and I'll show you how

I apply it, and developed seven new

SaaS ideas,

so I'm going to literally walk

you through it.

So principle number one,

everyone thinks it's product,

and that's the mistake

that BTK made as he woke up at 630

and started coding

and created all this stuff.

What you don't want to do

is start with product.

You actually want to start with market.

You actually want to get very specific

about the specific market

and more importantly,

the specific group of people

that you're going after.

more times than not, this tends

to be a group of people

that you already know.

So in this case,

as we're applying this framework,

step number one, I'm

going to do the work with you

and you're welcome to do this.

As long as you watch this video,

grab a piece of paper

and start to flesh us out.

The target market

that I really want to go after

for my SaaS idea is that I want to

develop is a market

that I'm really familiar

with since the early stage

entrepreneurs.

These are folks that are breaking out

and starting their own company.

So I'm going to be focusing on them.

So that's principle number one.

Get super specific

about the target market.

Specifically,

who is it that you're going after?

And ideally

you're going to be able

to think of five, ten, 20 people

that you already have in your network

that totally fits that description.

That way you're not making up a segment.

Once you have principle number one down,

the next part of the framework is

the jobs to be done.

Framework

Jobs to be done

is essentially

if you're going after this market,

how do you actually understand

what these people do

in order to solve problems for them

and develop ideas

you actually want to first start

to understand

first principles is

who are these people

and what do they do on a daily basis?

What's their job and the jobs to be done.

Framework is one of the best ways

to think about

what is it

that these people do

on a day to day basis.

Now, if you want to cheat a little bit,

you're more than welcome to.

If we're talking about ideas,

you should be using

AI as you're doing all these things.

You can actually go into chat

and you can ask it, Hey,

do you know what the jobs to be done

framework is?

And I'll say, Yeah, absolutely.

Then you can say, Cool,

I'm developing ideas

for early stage entrepreneurs.

Can you give me a simple bulleted

list of the top seven things in the jobs

to be done for early stage entrepreneurs

and chatting about

you will do a pretty good job

of listing it out for you.

Now ideally you look at that,

but you also know this market,

so you should be able to come up

with seven of your own.

So let's do this

for early stage entrepreneur.

First, I want to list out

seven jobs to be down, down

point seven things

that they do on a regular basis.

This is how you start

to develop your idea.

Now, the key here is

I haven't written a line of code,

I haven't developed a product.

What I'm really trying to understand

first is

what are the things

that they have to do on a daily basis

and what are the problems that exist

as they're doing those things?

That's the whole point of this.

And when you do this

in the first principles way,

you're going to be able

to make sure that whatever product

you're developing,

whatever solution

you're creating, is actually tied

to a real problem that these people have.

And it's not just any group of people

or all

groups of people, it's

a specific group of people.

This is the kind of thing

that I wish

BTK knew

as he was waking up at 630 in the morning

and working till 830

and then going to his day job

and then coming back and working again

and spending eight months

in the one more feature crap.

I literally wish I knew this.

Now, the thing is,

this is one of the biggest reasons

why I do this channel.

This is one of the biggest reasons

why I have my coaching programs.

The reason I have

this is because I want to make sure

that the things that I really needed

when I was starting out in the SaaS game,

when I was scaling companies

for the first time,

the mistakes or the pain that I had,

I can actually teach those lessons

so that your journey is that much better.

That's the main reason I do this.

This is something I wish I wish

BTK was watching this video.

That's how I create these videos.

let's implement this

so we can develop our seven SaaS ideas.

So the jobs to be done

for early stage entrepreneurs

and ones that I really like,

especially as I think about my own

journey, is

I think about over 500 founders

that I coach here.

The top things

that the super early stage entrepreneurs

that have to deal with,

first thing that

they have to deal with is they

have to find ideas.

That's why you were likely

watching this video.

The second thing they have to do

is find investors.

In a lot of cases,

you may not need investors,

you may be self-funding it,

you may be bootstrapping it,

maybe taking a portion of your salary

to invest in yourself

and bootstrapping this company.

All of it is fine,

but this tends to happen as well.

in case you're bootstrapping,

you can think of it as advisors

as well, right?

The third thing

they have to think about doing

is a need to build some sort

of an MVP minimum viable product.

At some point

they're going to have to build an MVP

so they can show their ideal customers

like, Hey,

this is kind of what I'm building with.

You find value in it.

The fourth thing they have to do

is they essentially have to find

first customers

like the first set of customers

and most likely

the first set of customers

is going to come out of own network.

this is a small side point,

a little side question, that's okay.

And Smash, I like by the sequester.

Okay,

If you're targeting a certain market

and you don't have a group of people

in your existing network,

that can be your first customers

and it may not be the

right market for you.

So if you are targeting clowns

and, you know, zero clowns don't create

software for clowns

is like a simple principle

to follow on this one.

Because if you target people

that you already have in your network,

you're just going to be

that much more likely to succeed.

And also maybe don't create software

for clowns.

I don't know.

number five for early stage founders.

And I wanted to go

a little bit on the job,

on a little bit outside

of just the business,

because for entrepreneurs,

it's a mix of their personal lives

in their business

is maintain their health.

So many founders burn out

and they actually don't know

how to manage your energy

and manage your stress.

So maintaining health is super important

and that's part of their job. So be done.

The best founders

know how to maintain their health

as they're going through this grind.

Number six is stress management.

That's also part of the jobs

to be done for an entrepreneur.

number seven is

you need to find community

because if you're doing this alone,

it sucks.

You want to be connecting

with other like minded founders.

You want to hook into a community

and you actually want to make sure

that you're sharing your journey.

Otherwise it's really,

really lonely, right?

So this is this

actually the jobs to be done?

That's principle number two.

The principal.

Number one is get specific

about the market you're going after.

Number two is double click on that

and actually define the jobs to be done.

It's a great framework

to really flesh out

what's going on in their day.

Do I know enough about these people?

And out of that can come

potential problems

that I need to be solving.

Those are two principles.

And the third one,

I'm going to show you the seven ideas

that you can steal

based off of this framework.

But before I do that,

let me pause here for a second.

Are you starting to see

the power in this?

The big reason I actually have

this framework

is to make sure that founders

and entrepreneurs and engineers

who are looking to quit their jobs

and actually start companies

do not quit cold turkey and start coding

and instead

they actually create a real thesis on

what's the market I'm going after.

Who are these people?

One of the problems that they have

and one of the ideas

that I want to go validate,

that's the power in this.

If you're starting

to see the power in this,

you start to see how

this will make sure you don't waste

months building the wrong product.

Can I just get a yes in the comments

below

and also smash a like button

for the YouTube algorithm?

He just loves it when you do that.

Now, as part of this framework,

the way I actually develop these ideas

and go validated in the market

and then start building

is what I call my MGP framework.

And in this video I'm focusing on the amp

that's market

guys go to market and P is for product.

Now, I'm not going to going to go

to market

and product in this

because I

really want to just

developed ideas first.

But if you want the full framework

and you actually want

to implement this framework

so that you can be operating

your own SaaS company,

then be sure to check out

my self-directed course

for what I call pre founders.

These are folks like you

that are just starting out

on your journey.

It's called the SaaS launch Challenge.

I'll tell you more about it

at the end of this episode,

a link to it below.

But let's go into principle number three.

So principle number three is

where all this comes together.

Now that I know who I'm targeting

and I know what their job

should be done is,

now I can start to talk about ideas.

So I'm going to develop

seven ideas that either you can steal

or it'll inspire you to develop your own

using this framework.

So out of these,

now that I know what the jobs are

that I really care about,

that I think

are really important,

I'm going to develop seven ideas now.

The best way to develop

any SaaS ideas today, this is quick trick

that you can use

to develop

really compelling

SaaS ideas is you want to think about

what's the data

that already exists for them,

meaning for these folks, this market

you're going after,

what kind of data

already exists

either within their own companies

or within their own data set

or publicly available

and what you want to do

is combine that data with AI,

in this case really an alum,

large language model,

and that essentially creates

your SaaS idea

because what you're going to say is like,

Hey, give us access to your data,

we'll take the public

data will combine an L

and that we've custom

configured with our prompts

and we'll give you some sort of an output

that is the best way to develop

these SaaS ideas right now.

So the way I'm going to develop

these seven SaaS ideas,

I'm going to do it

live as I work with you is I'm literally

going to look at

what's the job to be done,

what's the data that exists,

and how can I combine that

with an AM to give them a solution

to the job that they're doing

so that they can actually hire my product

to help them do it?

so let's actually play this out.

The first one is fine ideas.

So this is super simple.

You can create an idea generator

and again,

you want to ask

what kind of data is available publicly.

Well, there's market trends

that are available

that combined with an alarm

plus some inputs from the user,

you can actually start to generate ideas.

So in this case,

you could create

an AI platform that says, Hey,

just give me the market

you want to go after.

And you put in early stage entrepreneurs

and it looks at all

the macro trends for early stage

entrepreneurs and knows

jobs to be done framework

and it spits out five jobs to be done

and five ideas

that could be a product, right?

There could be a by product

generated outcome.

In fact,

someone should totally build that.

If you build it, put it in the comments

below and smash out like one.

The second idea that you can do,

if they want to find investors

while there's lots of public

investor data available,

what you can do is say, Hey,

I'm going to find you and I investor

match, meaning I'm

going to look at what you're building.

I'm going to look at your pitch deck.

I'm going to look at the public

investor database

and understand what they invest in.

And I'm going to match you up

with a prioritized list of 20 investors

that are more likely to invest in you.

And that could be

a really compelling stats idea

if they're building an MVP

while now is getting really powerful.

So you can take a bunch of inputs

and you could do an AI mock up builder

so you can build interactive mock ups.

Maybe you don't build out

the entire application,

but you can take certain inputs.

And based on that and using lab and using

all the models

that exist today that can generate code

and generate visuals,

you can actually do an A.I.

mock up builder

so that these entrepreneurs

can really start

to see their idea

come to life

even before they write a line of code.

When I look at find first customers,

well,

I know that with first customers, it's

going to come out of your network

unless you're selling to clowns,

in which case,

unless you're a clown yourself,

you probably don't know

any clowns on a personal basis.

You don't know enough of them.

So more importantly,

there is data on who you know.

It could be a LinkedIn graph,

what you could do in a customer finder

where you can say, Hey,

just tell me what market

you're going after

and I'm going to look at your network

and find you ten people in your network

that you should be selling this to.

And that could be super powerful as well.

When you look at maintaining your health,

this is kind of switching,

It's going beyond just their business.

But just as important for this early

stage market,

you want to maintain your health

while maintaining health.

There's so much health data

that's available that you can tap into

for any given individual

if they let you access it.

So you could easily create an AI

sleep tracker

and it could be a yes or no.

Are you getting enough

sleep over the last six week

period versus not?

And it's either red, yellow or green.

And that could help the entrepreneur,

of course, Correct.

If they're getting close to burnout,

you're looking at stress management,

well managed stress

management is one of the biggest things

that founders conquer.

The most successful founders

figure out how to manage your stress.

You get comfortable

with the discomfort those.

That's how you play the game.

Well, you could create an AI guided

meditation app

that manages

their stress,

so you can actually create

some sort of an app

that takes some inputs

and helps

guide them through some questions

and get to a really good state

in terms of expressing gratitude.

You can do all kinds of things.

In fact, this one's really cool.

Actually built a product.

I have a microsoft product

that makes like 200 bucks a month

and it's just like slowly growing.

We don't really promote it

that does exactly this for entrepreneurs.

You can check it out, a link to it

below its Unstoppable Sun account.

Number seven Find Community.

This one's really interesting

Being a founder is a lonely job

and it's a lot more fun

if you find others

that are weird like you.

Most people aren't

going to start companies.

Most people aren't

going to be entrepreneurs.

So you're part of the 1%.

So finding those people,

when you find those people,

you actually feel like you belong.

So finding

communities is super important.

Any entrepreneur will want that,

or you could do an AI events match up

where you can

understand who this person

is, where they live, any data that exists

in terms of their Facebook profile

with their likes and dislikes.

Ah, you can look at a list

of publicly listed events

and you can match them up with events

that they should be going to

in your local area

and that could be really cool as well.

And just like that,

we should put a giant timer over here

of how quickly we generated seven ideas,

but that's how you can actually start

to generate ideas.

And those are my seven SaaS ideas.

If you want to go

after the early stage entrepreneur market

and that's super, super powerful.

so now let's recap

everything we covered

because we covered a lot.

Number one,

in order

to actually make sure

you don't waste months

building a SaaS product

and then realizing

there's no market for it

and no one wants it in your

one more feature trap

and you built a bunch of stuff.

The first thing you should do in my MGP

framework is market.

You want to actually specifically define

what is the market I'm

going after that

I want to solve problems for.

Then you want to use jobs to be done

framework

to actually flesh out for this market

what are the jobs to be done?

And you can use a chatty beat prompt

to get some initial ideas,

but you should definitely be going

after a market that you know stuff about

you have domain knowledge around.

So in this case

I did early stage entrepreneurs

and I fleshed out these seven jobs

that they have to do.

Once you have the jobs to be done,

you want to think about

the framework of data plus AI.

So what's the data

that exist publicly and privately,

and how do I combine them with air

to give them insights?

And based on that,

you can look at each of the jobs,

figure out what data exists

within that context of that job,

public or private,

and how you can use

AI to actually give them insights.

And that's how you flip it

to actual solutions

that you can start

to go test in the market.

in this case you can do an idea generator

for finding ideas

and investor match for finding investors,

mockup builder

for building an MVP customer

finder for finding

the firsthand customers

you should be selling to

in your own network,

a sleep tracker to look at the sleep data

and making sure

that you predict burnout for founders

so that they don't burn out

a guided meditation app

so that you can actually help them

manage your stress

or you can match

them up for events either

local or within a 200 mile

radius based on their likes and dislikes

and what part of the industry they're in.

And that way

they can actually find community.

And just like that,

there are seven key ideas.

And now you know how I actually

develop SaaS ideas

to make sure I don't waste

months building the wrong product.

Now, what you may not know is, okay,

how do I know if this idea is any good?

I made them okay.

Follows the framework is ties to a job.

How do I make sure that I'm competitive,

I'm differentiated

and people will actually value this?

Do I start building the products like?

No.

That's the second piece of the MGP

framework.

First you do market,

then you actually go to market.

What you want to do is engage with this

market and validate your idea first.

And once you've validated idea,

once you've built out a list

of at least 100 people in that market,

then you can start

to actually build the product

because you've now validated the idea.

This is what I call my MGP framework.

And if you actually want

to validate your idea,

if you actually want to go out there

and flesh out the full

framework of the MGP of this

and start to actually validate

and stress test, is this idea any good

and then start to build a product

and then start to message the product

and build a list around it

and then start to price it and demo it

you want to do that whole thing

so that you are operating

your own SaaS business,

that I encourage you

to check out

my fully self-directed course

on the SaaS launch Challenge.

The SaaS Launch

Challenge teaches you

everything you need to know

to develop your idea

to actually go to market

and tested and validated it,

and then to actually start

building the product and start

selling it

everything down to how to price it

and how to demo it

so you can actually start

to convert to revenues.

This is an incredible course.

Over 250 founders, pre founders actually

specifically were

pre founders have gone

through this course to develop

their SaaS ideas and get to revenues.

is incredible.

It's the type of thing that I

wish existed.

So if you want to do this

and actually deploy this framework

and be operating your own SaaS business

and just go to Kate eCommerce

Life Challenge ticket or eCommerce

challenge,

if you got value from this video,

please mash up like button

for the YouTube algorithm.

It just loves it when you do that.

And so do we.

We honestly put a lot of love

into these videos.

Also, I drop an episode like this

every single Sunday

with actionable strategies

and tactics from the trenches.

The reason I say trenches is

this is not theoretical.

I have actually built SaaS companies,

I've scaled them, I've exited them.

I have built more

SaaS companies

using the frameworks that I teach

and I've coached over 500 founders.

I'm in it in the trenches with you,

building with you, and that's why

I'm here.

That's why I love doing this.

And so all the principles I share

is not theory, it's not something

I did once, it's

something I did multiple times.

And that's why I share them here

so that you don't make the same mistakes

I did.

You don't make the common mistakes

we all make.

And that's

essentially why

I create this channel,

why I run my programs,

and why I create more software companies.

I love this game.

if you want to make sure you get notified

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Hit the subscribe button

and the Bell icon.

If you have a fellow founder,

if you have a team member here,

a friend

that you want to start a company with,

and you both want to quit your jobs,

but you don't want to make sure

you don't quit cold turkey.

Share this video with them,

get them pumped up and then join the SaaS

launch challenge and start

developing your idea

and testing it in the market

so that by the time

you are quitting your job,

you already have some initial revenues

and you know

you have some sort of a safety

net and a plan

versus just staring at a blank screen

and figuring out what do we do now.

Also lastly, remember,

everyone needs a strategy for their life

and their business.

When you are with us,

yours is going to be unstoppable.

I'm T.K.,

and I'll see inside the SaaS

launch Challenge

and also the next episode.

Take care, everybody.