Rayqo

Building a Business 💸 | Sharing my learnings | Software Engineer

[Rayqo @Rayq010]

My personal blueprint to build a successful business (as a full time employee).

I will be using this exact blueprint and share the results over time.

Step 1: Idea generation and validation👇

[Rayqo @Rayq010]

Totally unsure about the initial pricing of my b2b saas still…

I want to have multiple tiers with increasing features.
Starting out only the most basic tier will be available.

My pricing options are:

𝗠𝗮𝗸𝗲 𝘁𝗵𝗲 𝗯𝗮𝘀𝗶𝗰 𝘁𝗶𝗲𝗿 𝗳𝗿𝗲𝗲
- this would attract the most “customers” (lower hurdle)
- this could make it more popular at first
- but I would subsidize it and would make 0$, since I don’t have a paid offer yet

𝗠𝗮𝗸𝗲 𝘁𝗵𝗲 𝗯𝗮𝘀𝗶𝗰 𝘁𝗶𝗲𝗿 𝗽𝗮𝗶𝗱
- higher emotional investment of the customer
- more premium feeling
- I would have revenue at first
- I could create special offers with discounts, that create urgency
- but I would loose a lot customers that may have tested my free tier and would have bought a higher tier later

I’m leaning toward having a paid basic tier. Especially as it’s b2b where freemium is not as common and it could come over as a bad product if it’s free.

What do you think?

[Rayqo @Rayq010]

So it looks like the first design of the concept will be done in about 7 days time. Price is around 400$.

Next step will be creating a homepage, that will act as a marketing measure and lead funnel.

Still going strong creating content on social media for the business.
Mind blowing 4 views so far 😅

[Rayqo @Rayq010]

@tibo_maker Always pay your pony express bills 🙏

[Rayqo @Rayq010]

IMO there are often two types of founders:
The founder who knows it all (width and depth). He knows the details of SEO, Programming their MVP, Marketing, even Design. But that is most of the time not the ideal approach. It’s overwhelming and if you want to do it correctly the equivalent of multiple full time jobs.

Ideally a founder knows the basics of most topics (width) and is able to offload and coordinate the tasks to experts in the field (delegation).
He then only concerns himself with the most important part: selling his product

[Rayqo @Rayq010]

@Timb03 Won’t redirecting to pally hurt the domains current ranking in search engines? As you have basically deleted all existing content and replaced it?

[Rayqo @Rayq010]

Today marks the kickoff of my current project 🎉

It will be a B2B SaaS, but I will not be marketing it here, just sharing the journey.

My first step will be creating value. Lots of value. I am currently hiring a freelance designer for the rough outline of the free part of the app. That will be the first focus area.

I am also creating content related to the niche to attract the first leads in parallel.

I’ll update regularly.

[Rayqo @Rayq010]

@stacy_siz Personally I use them when I need to take notes very quickly but transfer to notion later.

[Rayqo @Rayq010]

@namyakhann Jordan’s are a recurring theme I see 😂

[Rayqo @Rayq010]

I would say take a look at how much time it takes you to do these tasks right now. Calculate the price of them with your potential hires hourly.

If you think you can make more money than that with your time, it’s time to hire.

Probably a freelancer first so you can cancel anytime.

[Rayqo @Rayq010]

@tomxjmsn For my sanity it helps to compare myself to me from the past. That’s how I know I’m doing alright.

[Rayqo @Rayq010]

@namyakhann Wait till you start with typescript

[Rayqo @Rayq010]

@NFT_GOD ✅ seeing mom tomorrow
✅ love my life
✅ just replied
Really respect your content man. Followed you back in the day when I was trading nfts. Getting value from you to this day.

[Rayqo @Rayq010]

Read the book “Magic Cleaning” and I am on track to become as minimalistic as I have ever been.

This is kind of life changing.

What sticked with me most:
With everything that you own, ask yourself the following question.
Do you really need to keep this?
If the answer is no, get rid of it.

[Rayqo @Rayq010]

Did you know that pressing the like button turns into an X when you use the hashtag #BrandedFeatures
Try it out yourself!

[Rayqo @Rayq010]

@ThePeterMick - been tweeting for 2 days in a row -

[Rayqo @Rayq010]

@damengchen I agree? See what I did there

[Rayqo @Rayq010]

@TakoTreba I heard that even mentioning the 🧵word can negatively impact your reach as it’s seen as promoting a competitor

[Rayqo @Rayq010]

@tomxjmsn Really like the idea.

Summarized:
Customers buy outcomes not products

[Rayqo @Rayq010]

@parik36 Do you have the generation of the image solved and need a solution for storage and retrieval?
I would also suggest s3 but that would mean either generating a pre signed link every time an image needs to be accessed or having your bucket publicly available.

[Rayqo @Rayq010]

Instead of trying to fix your weaknesses

I would always try to improve at what you are already good at.

10x ROI in comparison