what's the best way to start a business that really works and earns me money fast (Software Development)?

Question

I have experience in software development and computer services management (own business) for the local market only. My country is a very small one. Now I would like to exploit other markets

Answer 1

Your goal should be helping people, not making money.

The money will follow your success in helping people.

Answer 2

If you want to make the big dollars, don't "exploit" markets, make a useful product that no one else has made or make one that improves on the ideas already out there. That is the most basic concept in business. What you need may not even be a new area, but a better way to market what you have now in your own country. Step back for a couple of hours when you have the time, pick up a piece of paper and pencil (I don't reccommend being near a computer for people in that business, it's distracting in a way) and brainstorm what is good about the business now, bad about it and be as brutally honest as you can. Then find ways to fix what is wrong and build on what is right. After that and some more thought you may find that you want to move more slowly toward a new area or not at all or more quickly. But at least shake out some cobwebs before you leap, it seems to help keep ideas realistic and obtainable. Oh, and as far as the "earns money fast" part, just stick a gun or a knife in someone's ribs and demand money, it's the only sure way that it will be a quick profit.

Answer 3

The best routes to take are to research the process of starting a business as well as the industry you're interested in.

I recommend checking out the SBA, Entrepreneur, The Start Up Journal & Nolo. All 4 are great informational resources for the new/small business owner. I posted links for you in the source box.

Associations may be a good avenue to explore. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. See the source box for some relevant links.

Research, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:

* The Business of Software: What Every Manager, Programmer, and Entrepreneur Must Know to Thrive and Survive in Good Times and Bad by Michael A. Cusumano
* Software That Sells: A Practical Guide to Developing and Marketing Your Software Project by Edward Hasted
* Start Your Own Software Company: A Step-By-Step Guide to Setting Up a Computer Software Business by David J. Cracas
* Web & Software Development: A Legal Guide by Stephen Fishman

There are plenty of free informational resources out there. Check the source box for links to articles.

Hope that helps! I wish you much success & happiness in all your ventures!

Answer 4

Earning money fast will not happen. An important step is to make a business plan and start from there. Marketing the most important part of such a plan. How are you going to reach your potential customers? Who will be your customers. How to get them to accept your talent. These are questions you need to ask yourself. Many small local business people might your best chance to get started. Many times they need someone to program or adapt programs to their needs. They obviously can't afford a full time developer. Brush up on your sales skills as your going to need them.

Answer 5

2 out of 3 Businesses FAIL in their first year, and 1 in 6 fall apart in the years that follow.

Starting a Business for Profit is destined for failure.

I started out a freelancer in Office support to give me more flexibility and to let me use more of my skills. Now I am a consultant, and am sustaining a profitable business through repeat business, referals and leads.

The simple customer focused start has produced the profit as a by-product.

Answer 6

Software development???You silly fool, the correct answer is prostitution.

Answer 7

If I knew the answer to that I wouldn't be here!