5 Micro SaaS Ideas I Can't Believe No One's Built Yet 🧐

Summary

This sponsored video explores five software app ideas that could be built on the monday.com platform, such as a tool to quickly add items across boards, short link generators with analytics, cross-board dependency managers, and AI-powered document converters. The script discusses why the monday.com app marketplace presents a lucrative opportunity for developers given its large customer base, room for new apps to solve use cases, available competitive research, robust developer resources, and future revenue share plan.

Takeaways

• 😊 monday.com is a popular work management platform used by over 186,000 customers
• 📈 There is growing enterprise adoption of monday.com with 50% of Fortune 500 companies using it
• 🚀 The monday.com app marketplace is relatively new but growing quickly
• 💡 The video outlines 5 potential app ideas that could be built for the monday.com platform
• 🔍 Understanding monday.com's core user groups and their needs is key for developing useful apps
• 💰 monday.com will implement a revenue share model for apps in their marketplace in the future
• 🌟 Building an app rather than a standalone SaaS allows you to focus more on products over marketing initially
• 🤝 monday.com provides developer resources and support to help build successful apps
• ✨ The app ideas aim to help users save time and simplify workflows within monday.com
• 💡 There are still many use cases and integrations left to be built for the platform

Q & A

Why does the speaker recommend building apps for the Monday.com marketplace instead of standalone SaaS products?

The speaker recommends building apps for the Monday.com marketplace instead of standalone SaaS products so founders can focus on the product side of the business without having to also learn and manage the marketing and demand side.

What are some key stats about Monday.com's business?

Monday.com has over 186,000 customers across more than 200 industries, with teams ranging from 2 people up to 7,000 seats in a single account. 50% of the Fortune 500 use Monday.com and they are seeing massive growth in enterprise customers.

What is the first app idea suggested in the video?

The first app idea is 'quick item add' - an app that would allow users to quickly add an item to any other board they have access to without leaving the board they are currently viewing.

What features could the short links and share analytics app include?

The short links app could include tracking analytics to see number of views/visits per link. It could also allow link and domain customization and have security/privacy settings like expiration dates and password protection.

How could a cross-board dependency manager help with complex projects?

A cross-board dependency manager could create a visualization showing how tasks across various boards are related, integrate monday.com's automation to alert when a change affects linked items, and help manage dependencies across boards.

What resources does Monday.com offer developers?

Monday.com offers developer documentation, a developer community forum, and an app ideas directory. They also have a free developer account that provides helpful resources.

What is the AI powered doc-to-board converter app idea?

This app idea involves using AI to analyze a work doc and intelligently convert it into a monday.com board with relevant tasks, instead of just copying text.

What types of documents could the doc-to-board converter analyze?

Strategic plans, meeting minutes, product specs, and marketing briefs are examples of documents the AI-powered doc-to-board converter could analyze.

What is the purpose of the boards-to-slides app idea?

The boards-to-slides app idea would automatically convert a monday.com board into a slide deck, eliminating tedious manual effort for users who need to regularly turn project updates into presentations.

Why does the speaker think there is room for more opportunity in the Monday.com app marketplace?

The speaker thinks there is room for opportunity because the Monday.com app marketplace only has 500 live apps currently but Monday.com has over 186,000 customers, so there is a large gap and many use cases still needing to be addressed.

Outlines

00:00

😊 Introduction to building apps on the Monday.com platform

The first paragraph introduces Monday.com and the opportunities to build apps on their platform. It discusses why it's a good starting point for new founders to build an app rather than a standalone SaaS, given Monday's large customer base and enterprise adoption. Key details are provided on Monday's products, customer segments, and existing use of apps.

05:01

🌟 Five app ideas for the Monday.com marketplace

The second paragraph dives into five potential app ideas to build on the Monday.com platform. The ideas discussed are: 1) Quick item add to simplify cross-board task management 2) Short links & analytics for customizable, trackable board URLs 3) Cross-board dependency manager to visualize and coordinate tasks across boards 4) AI doc-to-board converter leveraging AI to analyze docs and create boards 5) Boards to slides generator to automatically create presentations.

Keywords

💡SAS

SAS stands for Software as a Service. The video recommends that new founders build an app, plugin, or extension for an existing SAS marketplace rather than try to build their own standalone SAS. This allows them to focus on the product without having to learn marketing and demand generation. Examples of SAS marketplaces mentioned include the Monday.com app marketplace.

💡monday.com

Monday.com is a work management platform that the video recommends as an opportunity for founders to build on. It has over 186,000 business customers and is seeing growth in enterprise accounts. Building an integration or app for the Monday.com marketplace could provide access to their large customer base.

💡marketplace

In the video, marketplace refers to platforms like Monday.com that allow developers to build apps and integrations that augment the platform's functionality. These apps can then access the platform's existing user base. The video focuses on ideas for apps that could be built for the Monday.com marketplace.

💡interdependencies

The video discusses cross-board interdependencies - where tasks across multiple boards and teams are related to one another. Managing these interdependencies is a challenge. One app idea involves visualizing and managing these cross-board dependencies.

💡AI

One app idea involves using AI (artificial intelligence) to analyze documents and automatically convert them into Monday.com boards with relevant tasks. This uses AI capabilities like natural language understanding to streamline project management.

💡short links

One app idea generates short, customizable URLs for sharing Monday.com items publicly. This makes links easier to remember and share. The app could also include usage analytics to see how often the links are viewed.

💡templates

For the boards to slides app idea, the video suggests letting users create templates for recurring reports and presentations generated from Monday.com. This saves time on manual effort for regular updates.

💡competitive analysis

When evaluating the Monday.com marketplace opportunity, the video recommends reviewing existing marketplace apps for competitive analysis - analyzing factors like number of downloads, reviews and pricing.

💡customer research

Monday.com provides developer resources laying out the core user groups for Monday.com and their pain points. This customer research helps identify problems to solve and is valuable for marketplace app developers.

💡micro SaaS

A 'micro SaaS' is a bootstrapped software business built by a small team to serve a niche need. The video recommends Monday.com as an opportunity for founders interested in building a 'micro SaaS' - a micro SaaS integrated with the Monday.com platform.

Highlights

Building an app for the Monday app Marketplace is a good opportunity for new entrepreneurs

Monday.com has over 186,000 customers across more than 200 industries

The 'Quick Item Add' app idea allows users to quickly add tasks to other boards without leaving their current board

The 'Short Links & Share Analytics' app idea generates customizable short URLs for boards and tracks analytics

The 'Crossboard Item Dependency Manager' app idea visually maps dependencies between tasks across boards

The Monday app Marketplace gives competitive analysis data like reviews, downloads and pricing

Monday.com will handle billing and developers keep 100% revenue for now

The 'AI Powered Doc to Board Converter' app idea uses AI to analyze docs and create relevant tasks in boards

The 'Boards to Slides Generator' app idea converts boards into presentation slides automatically

The Monday app Marketplace has less competition than other marketplaces

There are still many use cases that need to be addressed in the Monday app Marketplace

Monday.com has provided an ebook detailing their core user groups, pain points and use cases

The ebook provides customer research and insights for developers

Sign up for a Monday.com developer account to get the free ebook

My team enjoyed making this video on the Monday app Marketplace opportunities

Transcripts

for first-time Founders I often

recommend that they don't try to build a

standalone SAS instead I recommend they

find a marketplace where they can build

an app a Plugin or an extension so they

can focus on the product side of the

business without having to also learn

and manage the marketing and the demand

side of the business in this video we've

teamed up with today's sponsor

monday.com to give you five SAS

Marketplace ideas that you could build

as a great step one business in my

stairstep method of Entrepreneurship but

before we dive into the ideas let's look

at why building an app for the Monday

app Marketplace is a good opportunity to

begin if you aren't familiar with

monday.com it's a versatile platform

that enables business owners and teams

of all sorts to streamline their work

with a wide range of customizable

building blocks for easy integration and

streamlined workflows their customers

are looking for an all-in-one place to

manage tasks projects and processes and

generally keep everyone on their team

informed and aligned within the platform

there's a couple products including Work

Management which helps helps organize

processes and teams sales CRM which is

you can imagine it's a CRM built on

monday.com and finally Monday Dev which

is infrastructure for product and

development teams that helps them manage

their software development processes

Monday has over 186,000 customers if you

can believe it across more than 200

Industries with teams ranging from two

people all the way up to 7,000 seats in

a single account which means could be a

big opportunity for expansion Revenue

also monday. is used by 50% of the

Fortune 500 and they are seeing massive

growth in Enterprise customers 90% of

their large paying accounts have at

least one app installed which is why I

think there's a lot of opportunity to

build a micras on top of the monday.com

platform and with that let's dive into

the ideas the first idea I'm calling

quick item add this app would allow

users to quickly add an item to any

other board they have access to without

leaving the board that they are

currently viewing power users often

oversee multiple projects or teams and

often items from one board are

interdependent with another so they need

to quickly add a new item to a secondary

board in order to move forward with the

current project they're working on for

example let's say you're working on your

own SAS ideas board and you remember

that you need to ask your Mastermind

group about using Facebook ads to drive

email signups instead of opening yet

another tab it'd be great if you could

use an app to add an item to your

masterminds board without breaking your

focus if you can make it simple to add

tasks or items across multiple boards

without switching context you might just

have a winner idea number two is short

links and share analytics if you've ever

shared a link that looks like this then

you already understand what the user is

looking for here instead the link could

have looked like this so this app should

generate a short customizable URL for

any public board work do or form created

in monday.com not only does this improve

usability and Aesthetics but it makes

the links easier to share and easier to

remember additional features could

include tracking and analytics so the

user can see the number number of views

and visits to each link you could also

build in Slug customization so that

users can customize the short link to

some extent making it relevant to the

board or the documents content and one

idea for a premium version is you can

include domain customization to enable

users to connect their own domain for

generating short links Additionally you

could offer security and privacy

settings on a perlink basis to let users

set expiration dates on links and

password protect them I've seen a number

of these businesses work outside of

monday.com so this seems like it could

be a good opportunity idea number three

is a crossboard item dependency manager

if you've ever managed a project you

know that managing dependencies across

multiple boards for complex projects

involving a bunch of interrelated tasks

that span different teams can easily

cause a lot of headaches it's too easy

to get lost in all of the complexity so

for this one you can think about

building an interface that enables the

user to create and manage dependencies

between items located on different

boards bypassing the single board

limitation of monday.com or maybe you

could build a dependency visual

visualization that creates a visual map

or flowchart showing how tasks across

various boards are related to one

another you could also integrate the

native automation capabilities that are

already built into monday.com developer

framework to alert their user or their

team members when a change in one item

affects linked items on other boards for

teams that have complex task management

and sometimes convoluted processes

something like this could help keep

everything moving smoothly in a minute

I'm going to tell you about two more

ideas but first I want to say thanks to

our sponsor m.com after looking through

the platform I really do think there's a

lot of opportunity to build a step one

business here the Monday app Marketplace

gives you a lot of data points where you

can gather competitive analysis things

like reviews number of downloads and

pricing their feature request forum is

also a gold mine of problems that actual

users of their software are trying to

solve they also have robust developer

documentation and they're committed to

helping developers be successful and

there's an apps developer Community

where you can ask questions and work out

any sticking points during the build

process the the ideas in this video are

just a few that we pulled together with

the help of their team they've actually

pulled more ideas together and they've

put them into an app ideas directory

that you can check out at this link that

will also include in the show notes

monday.com has told us that a revenue

share plan will be implemented in the

future but for now you'll keep 100% of

what you earn and they'll even handle

the billing natively this is really

smart if they're encouraging developers

to build in the marketplace if you're

interested in learning more about

building on monday.com head to

monday.com slapp developer and sign up

for a free developer account not only

will you get access to all the resources

I've mentioned so far in the video but

you'll also get a bonus that I'll tell

you about at the end of the video let's

get back to the ideas idea number four

is an AI powered dock to board converter

so this idea is for those of you who are

excited to experiment with AI could you

build an app that can analyze a work doc

or even just a portion of a work Doc and

intelligently convert it into a

monday.com board so using AI this tool

would not just copy text but it would

understand it it would create relevant

tasks and add them to a designated

monday.com board the app could further

enhance task management by automatically

classifying prioritizing and assigning

tasks based on the content analysis this

could be especially useful for

converting strategic plans meeting

minutes product specs or marketing

briefs into organized project tasks

streamlining the process from document

analysis to actionable execution and our

fifth idea today is a boards to slides

generator so for this one the user is

looking for an app that could

automatically convert a select board

into a well structured slide deck

through an integration with Google

Slides or Microsoft PowerPoint or

keynote hey that's what I use I know

it's like the little little sibling of

slides in PowerPoint so whichever

formats you decide to support from that

point the user could then edit the

slides but this would eliminate a bunch

of tedious manual effort and perhaps

within your app the user could create

custom templates for any recurring

reports presentations they find

themselves creating on a regular basis I

could see this being valuable for

professionals who regularly need to turn

project updates metrics or plans into an

organized presentation whether that be

for stakeholders team syncs or client

meetings the ideas and opportunities for

Integrations definitely don't stop there

the Monday app Marketplace is relatively

young with only 500 apps live in the

system and when you compare that to the

number of customers that I said they had

earlier there's obviously room for

opportunity here this is the kind of

marketplace that has less competition

than a lot of the other Market places we

talk about and there's still plenty of

use cases that need to be addressed oh

and remember the bonus I mentioned

earlier to quickly learn about

monday.com power users and the problems

they're looking to solve the team at

Monday has put together an ebook that

lays out their core user groups the job

titles they'll often have their pain

points and use cases for the platform

it's a treasure Trove of customer

research laid out for you and you can

get it for free to get your copy head to

the link below fill out the form and

sign up for a developer account my team

and I enjoyed making this video and I

hope you enjoyed watching it if you're

considering a micro SAS but aren't sure

if it can actually be profitable check

out this next video thank thanks again

to monday.com for sponsoring this video

thanks to you for watching