Modern Creator
Alex Heiden · YouTube

I Exited 2 SaaS Companies, Here's How I Come Up With $1M Ideas

A two-time SaaS founder walks through the four-step system he used to find ideas, build MVPs, and exit — without guessing.

Posted
1 weeks ago
Duration
Format
Tutorial
educational
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4.7K
197 likes
Big Idea

The argument in one line.

The safest path to a $1M SaaS idea isn't inspiration — it's reverse-engineering profitable companies on acquire.com and mining their competitors' public G2 complaints for a pre-written, pre-validated product spec before writing a single line of code.

Who This Is For

Read if. Skip if.

READ IF YOU ARE…
  • You want to build a B2B SaaS product but have spent months building things nobody paid for.
  • You're comfortable using AI coding tools (Claude Code, Cursor, Lovable) and want a demand-first research method before starting.
  • You're a first-time founder who has heard 'solve your own problem' advice and it hasn't worked.
  • You want a concrete outreach script for landing your first paying customers without an audience or ad budget.
SKIP IF…
  • You're building a consumer app or content platform — the B2B SaaS filtering criteria here won't apply.
  • You already have a validated product with paying customers and are looking for growth tactics.
  • You need deep technical architecture guidance — this is ideation and early validation, not engineering.
TL;DR

The full version, fast.

Instead of building for yourself and hoping others have the same problem, hunt for B2B SaaS companies already doing $100K+ ARR on platforms like TrustMRR or Acquire, then go to G2 and Reddit to find the complaints their customers keep repeating. Those complaints are your product spec. Dump them into Claude to generate a PRD, ship a single-workflow MVP with an AI coding tool, then reach out directly to the people who left those reviews offering them a free trial of exactly what they asked for. Two exits later, this is the only system the speaker uses.

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Chapters

Where the time goes.

00:0001:02

01 · The promise and the problem with standard advice

Hook: two exits, $1M+ ARR. Debunks 'solve your own problem' as the reason most founders spend six months building something nobody buys.

01:0203:04

02 · Step 1: Steal from proven winners

Hunt acquire.com and trustmrr.com for B2B SaaS at $100K+ ARR. Live demo of AdSpire at $41K MRR, 83% growth. Filters: sub-10% churn, $50+/mo pricing, furious-if-shut-down test.

03:0405:04

03 · Step 2: Mine the complaints

G2 for 50+ review products, ignore positives, flag complaints appearing 5+ times. Reddit as secondary source. Live example: Rise AI Reddit thread reveals demand for AI that acts on data, not generic ChatGPT advice.

05:0406:43

04 · Step 3: Turn reviews into product spec

Dump G2/Reddit findings into Claude to generate a PRD. Must lock one workflow, target user, integrations, and monetization before writing code.

06:4307:56

05 · Step 4: Ship MVP and target complainers directly

Use Claude Code / Lovable for a single-feature MVP. Outreach to the exact people who left the complaints: 'I built what you asked for — want to try it free?'

07:5608:17

06 · Recap and CTA

Five-step summary repeated. CTA to free Vibecoding Accelerator training course.

Atomic Insights

Lines worth screenshotting.

  • Solving your own problem is the advice that causes most first-time founders to spend six months building something and end up with zero customers.
  • TrustMRR connects directly to Stripe so you can verify revenue is real — not a self-reported claim from an acquire.com listing.
  • Sub-10% monthly churn is the first filter: if a product can't retain customers, the market signal is noise.
  • The test for a good SaaS target: would the customer be furious if this tool got shut down tomorrow?
  • Positive reviews are irrelevant for idea research — only the complaints that appear five or more times across different users confirm a real gap.
  • Good complaint signal: 'wish this integrated with HubSpot.' Bad complaint signal: 'the UI is clunky.'
  • Your competitor's angry customers are your entire business plan, written for free, sitting on a public website right now.
  • Reddit is more valuable than G2 for market research when a product is too new to have 50+ formal reviews.
  • An AI wrapper that gives generic ChatGPT-level advice will get the same negative reviews as asking ChatGPT directly — training on actual client data is the differentiator.
  • A PRD must lock in the monetization model before a single line of code is written, not after the MVP ships.
  • The MVP goal is not to be impressive — it is to be usable enough that one real person will swipe their credit card.
  • Cold outreach that references a specific public review the prospect left converts because you are answering a request they already made, not pitching.
  • Every early customer is simultaneously a case study, a testimonial, and a roadmap for the next feature set.
  • In 2026, shipping the MVP is no longer the three-to-six-month bottleneck it once was — the bottleneck is now having the right spec before you start.
Takeaway

Build what people already asked for out loud.

WHAT TO LEARN

The most reliable product ideas are already written down by frustrated users on G2 and Reddit — the research loop described here turns those complaints into a spec, and that spec into paying customers without a guessing game.

  • Solving your own problem skips the proof step: you might be a market of one. Start with companies that already have paying customers and work backwards from there.
  • Churn is a better validation signal than revenue at the ideation stage — a product with 40% monthly churn is just a leaky bucket regardless of its MRR.
  • The complaint that confirms a real gap is specific and repeatable: five different users asking for the same missing integration outranks a hundred complaints about a vague UI.
  • A product requirement document written before any code is written forces clarity on exactly one workflow, one user, and one monetization model — removing the scope creep that creates 'Frankenstein MVPs.'
  • Cold outreach that references a specific review the prospect left is not a pitch — it is a callback on a request they already made in public, which changes how it lands.
  • The first paying customer's value extends beyond the payment: they are the case study, the testimonial, and the roadmap for which feature to build next.
Glossary

Terms worth knowing.

TrustMRR
A marketplace for buying and selling SaaS businesses where revenue is verified via a live Stripe connection, allowing buyers to confirm MRR and month-over-month growth before engaging.
MRR
Monthly Recurring Revenue — the predictable monthly income from subscription customers, used as the primary health metric for SaaS businesses.
Churn
The percentage of customers who cancel their subscription in a given month; sub-10% monthly churn is the threshold used here to filter for products with real retention.
ICP
Ideal Customer Profile — a precise description of the role, company size, and existing tool stack of the buyer most likely to pay for and retain the product.
PRD
Product Requirement Document — a written spec that defines exactly one workflow to build, the target user, required integrations, and the monetization model before any code is written.
G2
A software review aggregator where business users leave detailed feedback on SaaS products; the complaint sections are used here as free market research.
Acquire.com
A marketplace for buying and selling online businesses, including early-stage SaaS; used here as a hunting ground to find categories where real revenue already exists.
Per seat / usage-based pricing
Pricing models that scale with the number of users or volume of usage, allowing revenue to grow with the customer's business without renegotiating a fixed price.
Resources

Things they pointed at.

01:15productacquire.com
01:18productTrustMRR
03:27productG2
05:00productLinq
06:47toolCursor
06:47toolLovable
Quotables

Lines you could clip.

03:12
Your competitor's angry customers are your entire business plan, written for free, sitting on a public website right now.
Standalone, punchy, reframes a common activity (reading reviews) as a strategic assetTikTok hook↗ Tweet quote
07:00
The MVP is not a competitor replacement. It's a single-feature solution to the exact complaint you mined from G2.
Counters the over-building instinct with a tight reframeIG reel cold open↗ Tweet quote
07:15
Your goal at this stage isn't to be impressive. It's to be usable enough that one real person will swipe their credit card for it.
Lowers the bar in a way that removes launch anxiety — highly shareable for builder audiencesnewsletter pull-quote↗ Tweet quote
The Script

Word for word.

Read-along

Don't just watch it. Burn it in.

See every word as it's spoken — crank it to 2× and still catch all of it. The same dual-channel trick behind Amazon's Kindle + Audible.

00:00I exited two SaaS companies in the last couple of years. One had a million dollars a year in run rate and the other was doing 6 figures in annual recurring revenue. And when I watch everyone else online trying to do the exact same thing, they all get one thing wrong and it's the reason 90% of them never hit their first 10 k MRR.
00:15So today, I'm breaking down the exact repeatable process I use to find million dollar SaaS ideas that already have proven demand. By the end of this video, you'll know how to stop wasting months building stuff that nobody wants, and finally build something people will actually pay for. So let's get into it.
00:29Step one, steal from proven winners. Before I show you the system, I need to kill a piece of advice that you've been hearing that is actually keeping you stuck. Every SaaS review online tells you to just solve a problem you have, and it sounds smart, but I'm here to tell you that it's actually why most first time founders spend six months building something and end up with zero customers.
00:45You end up building for a market of one with no proof that anyone actually wants to pay for this and that other people actually have the same problem as you. And by the time you realize nobody wants it, you've already sunk months of dev time and burned your motivation. So instead of guessing what to build or building just for yourself, I go hunt for SaaS companies that are already making a $100,000 plus per year, and I reverse engineer them.
01:05And the best hunting ground for this is a site called acquire.com or Trust MRR. Alright.
01:09So run trustmrr.com right now to look for ideas. And I've actually been liking Trust MRR a little bit better than Acquire because one, it's actually connected to Stripe so you can verify that this revenue is true.
01:20And you can also see the month over month growth. And, you know, growth is a pretty good factor if it's an idea that you kind of want to go after or not. So, basically, I am looking for a company here that has, you know, good monthly revenue, but also, like, good growth.
01:32So, obviously, you can just kinda scroll through some of these, and so we can just I think it shows you 50 on the free plan even. And so we can look at a bunch of these.
01:41And so okay. Let me look this one. This one's at 83% growth.
01:44And so AdSpire is the AI powered paid media agent for every business. We're building a future where any founder, marketer, agency can mire their manage their entire advertising operation across Google, Meta, LinkedIn, and TikTok through a similar conversation through AI assistant. Boom.
01:56I think this is a sick idea. Um, and, like, funny enough, I think Brez just launched, like, his own version that's kinda similar to this. And so I think this is a pretty cool idea.
02:0341,000 in monthly recurring revenue. You can see the founder, and he's got a very small presence on x.
02:09You can see the all time revenue. And then boom. You can see the value proposition, the problem solved, the market, the audience.
02:16So you can see there's some of those agencies, founders, creators, pricing, free plan, forty five year, ninety nine year, max two thousand year. So it looks like they're only pushing annual subscriptions, which is interesting.
02:26You can see the tech stack, and you can also see all their, you know, dev contributions. This is an idea that, like, I would pursue. This will make businesses more money, and so I'm gonna go ahead and move on and do some more research on this.
02:36And so I only look at b to b SaaS companies doing at least a $100,000 a year or revenue or more. I filter hard for sub 10% monthly churn. Pricing has to be at least $50 a month, and ideally the pricing can scale as you sell to bigger businesses whether it's per seat or usage based.
02:51Number one thing I look for is will the customer be furious and this tool got shut down tomorrow? Now once you've got a target company in your site, the real gold mine isn't the company itself. It's what their customers are already screaming for that they're not already getting.
03:03So step two, mind the complaints. This is the step that separates people who guess from people who build a $1,000,000,000 SaaS. And honestly, once I figured this out, it felt like cheating.
03:12Because the truth is, your competitors angry customers are your entire business plan. Written for free, sitting on a public website right now, it would be crazy if you did not leverage that. Okay.
03:21So we're gonna go to g two, and we're only gonna look at SaaS products with 50 plus reviews. Ignore the positive reviews completely. When you see the same complaint show up for five or more times across different users, that's a confirmed market gap with pre sold demand.
03:34Good signals are specific feature gaps, like wish this integrated with HubSpot, or this needs a Zapier connection. Bad signals would be vague frustrations, like the UI is clunky. Okay.
03:43So for that particular company, I wasn't able to find a ton, and so what I did is I found their competitors, which is like very easy to do. You know, to type their name and then competitors. I found this one, Rise AI.
03:52And neither of them had much on g two in terms of reviews, so it was hard to find something. So another really great place to go for market research is Reddit. And so that's where I went, and I searched Rise AI, and this is in digital marketing.
04:02And you can see they promise AI. They watch your ad campaigns and gives advice. What you get alerts when performance drops in a chatbot that gets obvious advice.
04:09Is your CTR down? Try improving your ad copy or target. Unsubscribe after the trial.
04:13AI tools save time. The margin's not the fundamentals. They make a small job slightly faster.
04:17They don't eliminate four hours of work. The real time saver was hiring a part time person to do data entry and basic copyright. And as you scroll deeper into the columns, you can see most honest breakdown I've seen here.
04:24The rise part killed me. Try improving your ad copy. Thanks for nothing.
04:27LOL. We've been building something that actually does things with the data instead of just showing it to you. Ads spent getting wasted on a bad placement, it reallocates.
04:32And so this is, like, the direction that you would have to go, is you would have to actually, like, congregate all the data that you're getting from your different clients and actually train the AI model to actually be able to, like, give real feedback based off of data. Because what a lot of people do with these AI kinda wrapper startups is exactly what it is.
04:48They just wrap, and it's gonna give the same generic, basically, advice where if I literally told ChatGPT and I said, hey. My CTR is low. What should I do?
04:55And ChatGPT would probably say, change your ad copy. So, obviously, the first wedge that I'm thinking of is, like, actually training off of the data so the model is better than just talking to a basic ChatGPT. And also, people want to be able to do this on the go.
05:06So instead of having to talk to, like, Claude, for example, and on my, like, my laptop, and I know you can't do it your phone either and be like, hey. Like, how's my campaign doing? What you could also do is use a link, l I n q, and you could turn this into, a chat bot.
05:17So I could just text my agent and be like, yo. How are my ad campaigns doing? And it would be able to do it on the go for mobile.
05:21That's another wedge that I can think of from doing research on Reddit here. Now before we get onto the next step, I put together a free training course that walks you through exactly how to build and launch a software in thirty days. I've already used this exact system to help founders like Nathan Chan go from zero to heading his first couple thousand dollars in MRR in ninety days.
05:39And if you want the same road map, just make sure you click the link in this description. Now let's continue on to the next step. Step three, turn reviews into product spec.
05:45This is where most founders make the fatal mistake of jumping straight into Cursor or Lovable and vibe coding for three weeks with no direction. All that gets you is a Frankenstein kind of MVP that does 10 things badly instead of one thing that people will actually pay for. The worst is when people build without actually having their product specs in mind, and they just build something just to launch without actually having demand for it.
06:04So instead, I do this. I take everything I found in steps one and two, and I dump it all into claud and tell me to build a full product requirement document. Here's what that looks like.
06:12The product requirement document has to define one workflow that solves the number one complaint you found on g two, and it nails out exactly who the target user is, their role, their company size, and what tools they already use. It lists the must have integrations. It locks in the monetization model before you write a single line of code.
06:27You end up forcing yourself to be clear on exactly what you're building and for whom before you build it. Once you have the PRD locked in, you're finally ready to actually build. And this is where it actually gets a ton easier.
06:37Step four, ship the MVP in days and begin outreach. Before AI, as a founder, you would lose another three to six months trying to ship the product, but in 2026, it's completely unnecessary.
06:46With the peer to years built, you don't need to hire a developer, you don't need a co founder, and you don't need to learn how to code. What the top founders are doing is simply leveraging AI and pasting it straight into Cloud Code to let AI build the first version. The MVP is not a competitor replacement.
06:59It's a single feature solution to be the exact complaint you mine from g two. Keep the scope brutally minimum, one core workflow, one clear use case, and ship it one prompt at a time. Your goal at this stage isn't to be impressive.
07:11It's to be usable enough that one real person will swipe their credit card for it. Now you need to specifically target your ICP or your ideal client profile, and the easiest way to do it isn't posted on Twitter, it's reaching out to them directly. And so we can just go through all the different ways you can find people, whether it is on X or on G two or Reddit, and your message is simple.
07:27It's say, hey, I saw you left a review saying you wish that your competitor did this. I just built that. Do you wanna try it for free?
07:32And you're not cold pitching. You're answering a request they already made in public. Every one of these early customers becomes a case study, a testimonial, and a feedback loop for the next set of features.
07:41This is how you go from MVP to MRR without spending a dollar on ads, without a big audience, and without hoping the algorithm gods bless your launch suite. So to recap, the exact five step system I use to come up with million dollar SaaS ideas is to steal from proven winners on acquire.com, mine competitor complaints on g two, turn those insights into a PRD with Claude, ship a minimal MVP with AI, and convert complainers into your first paying customers.
08:03This is the exact framework I've used twice to build and exit SaaS companies and it's the same one I'm teaching the founders that I work with right now. So if you're serious about skipping the guesswork and finally building something that people actually pay for, go grab the free training in the description and thanks for watching.
The Hook

The bait, then the rug-pull.

Two exits and a repeatable system: one SaaS at $1M ARR, one at six figures — both found using the same four steps that begin not with inspiration but with a list of companies already making money and the complaints their customers are screaming into the internet.

Frameworks

Named ideas worth stealing.

01:08list

The 4-Step $1M SaaS Idea System

  1. Steal from proven winners (acquire.com / trustmrr.com)
  2. Mine competitor complaints (G2 + Reddit)
  3. Turn reviews into a PRD (Claude)
  4. Ship MVP with AI + convert complainers into paying customers

Demand-first SaaS ideation: find what's already working, find what's missing, spec it precisely, build it minimally, sell it to the people who already asked for it.

Steal forany new product vertical — replaces 'solve your own problem' with a data-driven research loop
02:29list

B2B SaaS Target Filters

  1. $100K+ ARR
  2. Sub-10% monthly churn
  3. $50+/month minimum pricing
  4. Pricing scales with business (per seat or usage-based)
  5. Customer would be furious if shut down tomorrow

Five criteria that filter out ideas with weak retention, low revenue ceiling, or soft demand before any research time is invested.

Steal fordue diligence checklist before committing to a competitive space
03:30model

Complaint Signal Quality Test

  1. Good: specific feature gap ('wish this integrated with HubSpot')
  2. Bad: vague frustration ('UI is clunky')
  3. Confirmed gap: same complaint appears 5+ times across different users

Distinguishes actionable product gaps from noise in review data.

Steal forany customer research pass — not just SaaS
CTA Breakdown

How they asked for the click.

MENTIONED ON CAMERA
01:15productacquire.com
01:18productTrustMRR
03:27productG2
05:00productLinq
06:47toolCursor
06:47toolLovable
FROM THE DESCRIPTION
PRIMARY CTAWhere the creator wants you to go next.
Frame Gallery

Visual moments.

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