5
20 y/o mechanical engineering student, want to build useful products and a business but short on ideas and money
r/Entrepreneur
6/30/2025
SAAS TOOLS
| SaaS | URL | Category | Features/Notes |
|---|---|---|---|
| No specific SaaS tools mentioned | - | - | - |
USER NEEDS
Pain Points:
- Lack of clear product ideas or niche
- Limited budget as a student
- Limited entrepreneurial network
- Desire to avoid dropshipping/scams
- Difficulty creating unique solutions
Problems to Solve:
- Finding a viable first product idea
- Starting a business with no money
- Building practical and profitable products
- Identifying real pain points to solve
- Creating unique solutions without reinventing existing products
Potential Solutions:
- Start by improving existing products rather than creating new ones
- Focus on solving everyday small pain points in community
- Use free resources for learning and prototyping
- Leverage university resources and makerspaces
- Connect with like-minded individuals locally
- Keep solutions simple and practical (KISS principle)
- Validate problem existence before building
GROWTH FACTORS
Effective Strategies:
- Starting lean and iterating fast
- Building long-term value through practical solutions
- Focusing on product-market fit by solving real problems
Marketing & Acquisition:
- Not explicitly mentioned in post/comments
Monetization & Product:
- Creating physical products that solve actual pain points
- Avoiding quick-money schemes for sustainable business
- Pricing models not discussed
User Engagement:
- Seeking community advice through platforms like Reddit
- Potential collaboration with commenters (e.g., fellow student from Netherlands)
- Building networks through university connections