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Running a Software Business on 5 Hours A Week

kalzumeus.com

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Re: Running a Software Business on 5 Hours A Week

#5
post #3

I think a large part of it is competition...you don't really have any so you can work as much or as little as you want. If you have competition like in 99% of the niches...you'll be working a lot more than that

Nonsense. First, I'm sure that Patrick does have competition in his niche (a simple Google for "bingo card software" reveals a litany of options). Second, having no competition is a big warning sign that perhaps that niche isn't a great one to go into. Third, you would be well-advised to avoid niches that are highly over-competitive. Finally, most businesses are pretty terrible, and not all that hard to run circles around, especially if you follow some of Patrick's advice here (I'm thinking particularly of the stuff regarding time debt and building repeatable processes).

Re: Running a Software Business on 5 Hours A Week

#6

As someone who struggles to come up with 'lifestyle business' ideas, his advice on just talking to people was like a punch in the gut. So obvious it hurts, yet I ignore it and spend time 'thinking.'

So, how would you describe your experience with part-time development ? I'm wondering if working 20+ hours a week on top of a regular 9-5 is enough.

Re: Running a Software Business on 5 Hours A Week

#7
post #3

I think a large part of it is competition...you don't really have any so you can work as much or as little as you want. If you have competition like in 99% of the niches...you'll be working a lot more than that

The central theme in Patrick's post was not "how much to work", but "how to work effectively".

His points are especially relevant to people working with lots of competition.

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