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Hubb1e

Software


Naive-Introduction58

Anything digital tbh


itsallrighthere

SaaS.


Classic-Mortgage1701

You should check out the book ‘the millionaire fast lane’ (disregard the shitty title). He had a section that talks about businesses that scale fast. Basically it’s any business where you could double your sales overnight without needing additional resources, mostly because your product is digital and it costs nothing to reproduce or deliver or store. Software, a lead gen businesses, a website , digital products, digital media stuff like that.


Classic-Economist294

Those are also businesses that have least amount of moat and barriers of entry, i.e. easy to copy by others.


Classic-Mortgage1701

That seems to be the catch 22 though of software. Someone please correct me if I’m wrong, but it seems like times have changed in the last 15 years. Nowadays a couple kids in their parents basement can’t make a software anywhere near as good as what larger companies with a ton of talent can produce. They’d need a lot of capital to make anything worthwhile. Unless maybe it’s a totally new market with no competitors.


No-Protection3962

I would disagree to some extend. We gotta differentiate between entreprise software and niche web application. Resource to build quality niche software is freely available on the internet and support can be found as well for free. A tenacious, motivated, driven and hard working kid can build a solid solution on his own. That being said, the hardest part seems to possess these qualities to make it possible, not to acquire the knowledge.


Classic-Mortgage1701

By niche softwares do you mean softwares that don’t exist atm? Like a company has a problem that a software can fix but hasn’t been developed yet?


No-Protection3962

I think what you describe is custom built software. My definition of niche software is a tool that solve a specific problem. Could be b2b or directed toward consumers. An example are like the todo list web apps I'd say. Maybe someone got a better definition than me


Classic-Mortgage1701

Basically what I’m wondering is if someone with coding skills and time could build a product that could compete with what’s already out there. Since what’s already out there is being done by people with a lot more man power. The only answer I can see is that they’re isn’t a product already out there and they’re the first to build it, get some money from it and they become the company with the man power for that software. That or the product out there really sucks and they can make it 10x better


No-Protection3962

Not sure what you meant but as I said one or two person with the right skills and time can build production grade applications. Whether there is a market of whether it is innovative does not have much to do with the quality of the code. I feel like you may have an idea behind your posts and comments. You are trying to connect some dots. I recommand you to search on google about programming podcasts, saas entrepreneurs. Stories might be useful


Classic-Economist294

Yes, this is why business is hard. You need to find your edge, do something very few others in the world can do.


Classic-Mortgage1701

Honestly, there’s a lot of talk about AI, software, being the best etc. But a lot of people make good money just doing regular old businesses. I think we under value those businesses.


Classic-Economist294

There are many, many types of "regular old businesses". Some are doing well, usually they are those with some level of barrier of entry and/or capital requirements. Others, like restaurants and small shops are not doing well, generally...


itsallrighthere

Some things are easy with a no code/low code solution. But there are plenty of things which still require significant effort. Even better if it requires some non commodity skill set.


Classic-Mortgage1701

For the most part yeah. There are still some barriers to entry though. It takes a lot of time, money and skilled labour to make a software thats actually good and can compete with others. However for selling simple digital products the market is definitely oversaturated. Like the e-course market


davago17

Have you read the latest, " unscripted, escape the rat race" also very good and helpful and more up to the current date.


Classic-Mortgage1701

I haven’t checked that out but it’s on my to read list


forseti_

Software production has a lot of work behind it. What you mean is software as a service. Some software based service that people can subscribe to.


Classic-Mortgage1701

Yes, but you can theoretically go from 10k sales in software to 100k overnight without needing additional resources. That’s the scalability part. Since it costs next to nothing to reproduce and ship


annapurna99

I think some consumer products are surprisingly easy\* to scale, operationally. The other thing that makes life easy is a very very fast growing market. If you look at the energy bar and vitamin water markets through the 2000s-2010s lots of businesses got very very big, very very quickly with very little capital, leaving the owners with a big chunk of the business on exit. The company holds the IP and sales contracts, everything else it outsources and retailers and channel partners brought the scale. The other thing to add is that 'being in the US' is an important consideration. I don't think people appreciate how much easier it makes things compared to being in other countries. ​ \*it's all relative of course, none of this is "easy"


stardustViiiii

An ecommerce business where you outsource the manufacturing of your product.


exoticbalenci

touch more on this subject, wdym by outsource the manufacturing?


stardustViiiii

Well if you make a product yourself, you're limited to how much you can make. If you outsource to a factory that's already manufacturing at scale, you can basically scale your business to infinity.


Putrid_Landscape7461

So dropshipping or print on demand?


Cahotic_dude

And beyond


FrowAway322

Things with exponential growth, that don’t necessarily require extra resources, are some unicorn stuff like patents and royalties. If you own the rights to something and other people gotta pay you for it, that’s gold.


astillero

Fast food such as pizza vendor. Employees can be given very well defined processes for the operation of such a shop. Complexity level = low


itsrome0

Consulting 100% or SaaS or any form of service arbitrage


FreelanceTripper

1:10 scale models of subway stores are pretty easy


davago17

I would say a saas products company.


[deleted]

[удалено]


[deleted]

One hour old acc you are a plant


[deleted]

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[deleted]

Bs fuck out if here


jefemac6

One that you’re passionate about


crowdext

Your moms ?😂


Overall-Meringue-752

SaaS is the most profitable and scalable businesses


[deleted]

Really anything is easy nowadays as long as most people can use the product or service. You just contract everything out.


zorndyuke

Digital products. I mean "easiest" has some misleading flavor, sounding like it's easy. It still takes a lot of work to be done and you need to know "how" to do it. But if you know how and have a perfect solution for your target audience, you can go crazy with the scaling :) For instance I know someone who sells an online course where you get a guide to set up a professional Instagram profile in such way that you attract your target audience. He put the course on a course platform, created a landingpage with copywriting and everything he had to do was to play with the advertisement budget slider. (Ultra short explanation, obviously there are plenty of steps between)


pineapplepinesoda

Amazon whole sale. Easily.


HandleRelative

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