Step-by-Step Guide to Creating a $5K/Month Micro SaaS
Micro SaaS products have become an attractive option for entrepreneurs looking to generate steady income without the complexities of larger startups. Here’s how you can potentially earn $5K a month by creating and selling micro SaaS products.
Identify a Niche Problem
Focus on solving a specific problem for a targeted audience. Your experience with email marketing platforms is a great example. Look for pain points in various industries that can be addressed with simple, effective software solutions.
1. Market Research
- Identify a niche market with a specific problem
- Research existing solutions and their shortcomings
- Validate your idea through surveys or interviews with potential users
2. Conceptualize Your Product
- Define the core features of your micro SaaS
- Create a basic product roadmap
- Determine your pricing strategy
Leverage Proven Models
As you’ve discovered, creating “what already works” can be more successful than trying to invent something entirely new. Study existing successful micro SaaS products and identify ways to improve upon them or adapt…