Key Steps to Get Going You’ve seen others build an app and make millions. You think to yourself, “why not me? I think I have a pretty creative mind. Let me come up with a million dollar idea and get this app rolling.” What majority of people forget is that it’s still a business and should be treated as such. Your product is a piece of software. Business fundamentals still play a huge part. Begin with a unique idea for a software product. The first step to creating a successful software business is to come up with an original idea for a
Category: SaaS
Factors That Prolong Software Projects I had a conversation today that was related to going 2 years over the proposed timeline. The question that I was asked was, “how does this even happen? How is it possible to go a couple of years over the proposed timeline when building software?” My response was, “it’s a lot easier than you think.” I went through a couple of scenarios with this group and I think I’ve finally made my point. I wanted to list out some of the key-points of our discussion. No Requirements One of the craziest projects that I’ve ever
Optimizing Operations for Your Organization The more I interact with various organizations, the more the issues seem to align. Custom ERP solutions can solve majority of the issues that the company is experiencing. In this article, we’ll take a look at what are some of the advantages of customizing your ERP experience. I typically, 95%+ of the time, disagree with custom ERP solutions, but for the sake of this article, let’s explore some advantages. Enterprise resource planning (ERP) systems are an essential part of modern businesses, and their importance cannot be overstated. ERP software is designed to help organizations streamline
Any business that you start will go through a negative earnings period: you’ll spend a lot more than you earn. I started a business in 2012 called First Choice Wheels and Tires (Cyber Rims Inc.). The first month brought in a whopping $274: we sold 1 wheel. The second month brought in $5000.00. The third month $10,000. After 2 years, we were averaging $100,000 per month. I wont go into specifics here, since this is not what this article is about, but we closed the business in 2019. What is important to note is that we were breaking even and/or