I wrote about my experience creating a SaaS product in 2018:<p><a href="https://medium.com/@david_39141/after-15-years-im-finally-ready-to-launch-our-saas-product-b9967561ebd8" rel="nofollow">https://medium.com/@david_39141/after-15-years-im-finally-re...</a><p>Like the OP, the first version of my service launched to crickets (though I had spent almost two full years building that beta version). The 3,500 people who had signed up for e-mail updates took a quick look, and then left, never to return, when they realized that the service was very bare-bones.<p>The solution in my case was actually to add features, because that first version wasn't very useful. I spent another three years adding features before launching paid plans, two years ago. I made sure to have thousands of conversations with users to make sure that I was on the right track.<p>Today, I derive my income fully from this service (Calcapp, an app builder for people needing formula support mostly on par with Excel). I haven't gotten rich, and I would have made more money as a consultant, but the income is passive, I still enjoy working on the product and interacting with customers, and I'm confident that our best days lie ahead of us, with a major update on the cusp of being released (<a href="https://news.ycombinator.com/item?id=25389963" rel="nofollow">https://news.ycombinator.com/item?id=25389963</a>).<p>Launching a SaaS business is the hardest thing I have ever done, but getting people to derive real value from something I have built is immensely satisfying. I wouldn't trade it for anything.