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Mithun Kumar
Helping Founders Ship SaaS Faster | Growth & Product-Led Software Engineer
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September 15, 2024
I asked 11 SaaS leaders one simple question: “What early career mistake will you never make again?” The result: 3 profound mistakes everyone (from interns to executives) should avoid in their SaaS startup journey. Let’s dive in: Mistake 1: Underpricing A good SaaS founder can estimate a fair price for their product. A bad SaaS founder can undervalue their own product. But a legendary SaaS founder can create a pricing model that is both competitive and profitable. Mistake 2: "Winner Take All" Mentality Until you’ve validated your business idea, don't get caught up in trying to create a completely unique product. “Being highly innovative doesn't always translate to market success.” Mistake 3: Expecting a Good Product to Sell Itself Traditional wisdom says "a good product sells itself." But that’s only true if you ensure two things: - Efficient marketing strategies - Consistent customer engagement Then, a good product does truly sell itself. Avoid these mistakes and you'll be well on your way to establishing a successful SaaS startup. What's the biggest mistake you've learned from in your career? --- 🚀 Follow me for insights on SaaS, indie hacking, and startup growth! I help founders validate ideas and ship products faster. #SaaS #StartupMistakes
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September 15, 2024