Post: #1

Has anyone got opinion on dane maxwell's the foundation program?

Post: #2

Only in the general sense that all bootcamps are a con! Just buy the books, bang, day bang etc etc read, learn an apply.

Post: #3

OP, do you want to provide some context for your question?

It always seems strange when a member with a very low post count has a question about a very specific product, the sort of question that could be confused for a covert marketing attempt.

You've got a rep point from meeting another forum member, so I don't want this to sound like an accusation, but a few more details in your post about why you are asking this question would probably get you more worthwhile responses.

Post: #4

(11-26-2015 07:51 AM)Suits Wrote:  OP, do you want to provide some context for your question?

It always seems strange when a member with a very low post count has a question about a very specific product, the sort of question that could be confused for a covert marketing attempt.

You've got a rep point from meeting another forum member, so I don't want this to sound like an accusation, but a few more details in your post about why you are asking this question would probably get you more worthwhile responses.

Ahh apologies for that, will fix this

Post: #5

Saas is "software as a service". The program is a business bootcamp on building such software service. I've been quite interested in building an income stream in this area. The foundation's price is quite premium at $5000, just wondering if anyone had experience with this program before I take the plunge.

Cheers

Post: #6

All the information is pretty much out there for free.

You could read 2-3 books and get the gist of it:

-Find businesses with high customer lifetime value
-Have conversations with managers/owners, find a common painpoint that could be solved with software/automation
-Sketch out a demo of the solution, get a few to sign up and pay in advance
-Build software or patch together a solution using existing software
-Market it to more of those exact businesses, charge them monthly recurring

The actual skills needed: basic research skills, consultative conversation skills (or a script), copywriting, outsourcing and managing, cold emailing and calling.

There's no secret sauce, just good basic entrepreneurial principles. You can pick it all up from books and free online resources.

That said. Where the foundation *might* be very valuable is the personalized coaching, motivation and mindset help they give you. They're very big on correcting limiting beliefs, getting people past self-doubt, etc.

Personally I just can't find DM very palatable - ("There's a lot of love in the foundation... a lot of love"... uggh) - but I do believe they teach high quality stuff.

That said, even he admits that only a small fraction of students actually go on to create successful businesses. This shit is hard, and no online program is going to be a magic pill. You'll have to think hard for yourself, struggle and fail and get up and go again, learn alot of new shit and push forward in the face of uncertainty, etc etc. No "three easy steps to a profitable business".

Post: #7

Bleaknight,
The best way for you to learn how to build a SAAS is to simply post up in a location independent hot spot in SEA (Chiang Mai and Saigon being the 2 bigger ones with the highest number of people building and running LE and SAAS from), network and connect with these guys and learn from them directly and in person. You'd get a much better ROI on your 5K doing that than taking ANY course IMO.

Post: #8

Hey thanks for insight guys. Don't think i'll go ahead with it anymore.