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Would you guys start a business in an industry that you have interests in but do not have experience?
r/Entrepreneur
6/26/2025
SAAS TOOLS
| SaaS | URL | Category | Features/Notes |
|---|---|---|---|
| [No specific SaaS tools mentioned in the post or comments] |
USER NEEDS
Pain Points:
- Lack of industry experience when starting a business
- Difficulty in managing operations without domain knowledge
- Risk of undervaluing products/services due to inexperience
- Challenges in hiring/identifying trustworthy experts
Problems to Solve:
- How to start a business in an unfamiliar industry
- How to compensate for lack of hands-on experience
- How to validate business ideas before full commitment
- How to price products/services correctly as a beginner
Potential Solutions:
- Hire experienced employees or consultants
- Partner with industry experts
- Work in the industry first to gain experience
- Start small with pilot programs to validate ideas
- Use franchises to leverage proven systems
- Conduct thorough market research and customer validation
GROWTH FACTORS
Effective Strategies:
- Validating ideas through pilots and customer feedback
- Bootstrapping to force innovation and cost efficiency
- Partnering with experienced industry professionals
- Leveraging franchises for established systems
Marketing & Acquisition:
- Influencer marketing (mentioned in context of content creators)
- Customer validation through direct outreach and pitches
- Building authority by immersing in the industry
Monetization & Product:
- Importance of correct pricing to avoid undervaluation
- Solving real market problems for product-market fit
- Adding value to a market regardless of industry
User Engagement:
- Learning from customers through direct interaction
- Community building via mentorship and networking
- Maintaining passion-driven persistence during challenges