Screw Passive Income, I Want Active Income

Re:Screw Passive Income, I Want Active Income by chatmasta on Friday August 26, 2016 @12:59PM (#12367579)

Find an SaaS in a medium sized market where most competitors are one man shops with low switching costs for customers. Replicate the best competitor, improve on features, and undercut prices. Identify their advertising channels and insert yourself into the mix.

[ Parent | on HN ]

Re:Screw Passive Income, I Want Active Income by vi1rus on Friday August 26, 2016 @01:27PM (#12367796)

What's your definition of medium sized?

[ Parent | on HN ]

Re:Screw Passive Income, I Want Active Income by chatmasta on Friday August 26, 2016 @01:46PM (#12367922)

A market with enough customers to get to $10k/month revenue within a year with few competitors, preferably none of which are multi person companies.

[ Parent | on HN ]

Re:Screw Passive Income, I Want Active Income by AznHisoka on Friday August 26, 2016 @08:34PM (#12370264)

Offering proxies as a service is a great example of this. As well as most Wordpress plugins.

[ Parent | on HN ]

Re:Screw Passive Income, I Want Active Income by nexus2045 on Friday August 26, 2016 @02:58PM (#12368474)

Currently attempting to do this. Marketing and getting to those first few customers is the hardest part, even though I already built a functional full stack web application.

[ Parent | on HN ]