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Running a Software Business on 5 Hours A Week

kalzumeus.com

21–30 of 79 posts

Re: Running a Software Business on 5 Hours A Week

#21
I appreciate the point that running a software business is only 10% development and 90% business. "If you want to spend your time writing code, go work for Google."

This hits close to home as I am gradually learning that I provide far more value to the world by using my knowledge to have others do technical implementation than if I were doing it myself. For someone who loves code, it's a painful transition. But I think you can learn to love business just as you learned to love code.

Re: Running a Software Business on 5 Hours A Week

#22
(Aside: I know many Americans consider the last option shockingly irresponsible. My ability to prevail over my employer — a major multinational — in a lawsuit is effectively nil. A contract is just a formalization of a promise. In Japan, the ongoing relationship with my bosses is the part of the agreement that provides security, not the piece of paper.)

This is one of the more important bits of advice I've seen Patrick give, and I think it applies to those of us full-timing with our companies even more. Your lawyers are going to tell you that contracts matter a whole lot, too. And just like Patrick with the company in Nagoya, your ability to prevail in a dispute, contract or not, is usually going to be nil.

This is something I think a lot of us learn the first time they get into a dispute (for instance, when we are first aggrieved by a giant business partner who breaches our carefully-considered contracts.)

Re: Running a Software Business on 5 Hours A Week

#25
I acknowledge the fact that a product is more likely to be successful if it is made simpler. And I face the difficulty of trying to create a complex product every day. Hence his advice:

"Are you considering starting up a business because you wish to work on wonderfully interesting technical problems all of the time? Stop now — Google is hiring, go get a job with them. 90% of the results of your business, and somewhere around 90% of the effort, are caused by non-coding activities"

But... then who is eligible to build a complex product? Like writing a database from scratch, or some other complex piece of work. I think a startup should also be able to do it somehow.

Re: Running a Software Business on 5 Hours A Week

#27
post #25

I acknowledge the fact that a product is more likely to be successful if it is made simpler. And I face the difficulty of trying to create a complex product every day. Hence his advice: "Are you considering starting up a business because you wish to work on wonderfully interesting technical problems all of the time? Stop now — Google is hiring, go get a job with them. 90% of the results of your business, and somewher…

What's your point? He's not saying every company should work this way. He's saying "this is a way to do it that works when you have other time constraints".

In Patrick's case, doing it this way got him from full-time job to full-time startup entrepreneur without taking a dime of money from anybody but his customers. We'll see what he comes up with after a few years of doing it full time.

Finally, writing a database from scratch? Crappy business to get in to even if you're full time!

Re: Running a Software Business on 5 Hours A Week

#29
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

Patrick has been writing about his competition for awhile. He has not cornered the market on bingo cards.

Re: Running a Software Business on 5 Hours A Week

#30
I find it incredible that he's a Japanese Salaryman having recently read another such peron's Q&A on reddit: http://www.reddit.com/r/IAmA/comments/bewof/iama_salaryman_僕...

Seems like once you've finished working 10 hours every day for your lifetime employer, there's not much to do than the obligatory heavy drinking!

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