1) I’ve run a software consultancy since 17. I’m 20 now.
2) My first business, I started at 13. I've coded since 12.
3) No university. Learnt everything through experience.
I coach a small number of people 1-1 on the side for their own agencies. It’s fun, and I like to help. Not my main income, not trying to sell you, just letting people know.
Highly appreciated your reasoning, and fully agree with it. Actually, I currently try to implement a hybrid model by offering customizations to my SaaS, as just a few agency-customers could allow my to refine and sustain the standard SaaS solution.
The reason why people are lonely is because networking replaced friendships. If you treat people as means, they will do the same to you, leading to mutual frustration and resentment. Has everyone forgotten that they are humans?
Very useful video! Helped me to order all my thoughts about starting my own biz. Yes, I think this idea about to find an investor and to build a product that will change the world is comparable with to become a rock start. Possible, but with very small probability. Make an agency looks much more reliable. More profitable to be a shovels' supplier than try to dig some gold by your self. And less stressful!
hey I have been watching your vids for some time now and love the content. are you by any chance looking to hire new people? I am a pretty experienced software developer and would love to try working with you and your team, even if it is outside of software development.
So true. Hormozi had a good quote saying Work = leverage x reps. Or how Tim Ferris puts it as focussing on efficacy rather than efficiency. Just doing 1hr per day on the right thing can truly make dreams come true.
Thx yt algo - I came to many of the same conclusions over the years too. So glad to hear your perspective. Enjoy the process and people you’re with :-)
I used to do to-do lists, but it is not a perfect solution overall. Currently, I try to concentrate on the most important things, having just 1 or 2 tasks, not more. It is easy to go into management mode where you need to spend so much time on management.
Well said! I have also tried building an agency, SaaS, and a website / platform. Additionally I have freelanced for many years. - No success with SaaS (so far) - Agency is generating recurring revenue (not even 1% of my salary as SWE 😂) - Freelancing never paid nearly as much as having a regular job in my experience. But I always took projects that were interesting to me and undercharged. - My website / platform generated a decent amount of money but was so much recurring work (marketing, support, accounting, engineering, and everything else you can imagine) that I had to intentionally slow down growth to preserve my mental health. For anyone that just wants to code, get a SWE job. You'll sleep a lot better 😅 (and have a decent paycheck).
Also, I think timing also matters. They were amongst the first to unlock the gem. Now that it’s the in thing to do, that means everyone rushes into it and then the space gets really saturated. Even after that, the developer has to be really good at marketing and that right there is the hard part of indie hacking, marketing.
Got great things, I mean I got better vocabularies basically lol. Thank you so much! I got huge question at the company I’m currently working at like we should providing SaaS not solutions. However still tons of people not like the ladder but they want apple directly from tree to their stomach. But you got me there: Product - solution - service. Tbh I feel sick that providing “service”, it is like doing it is almost a wage job at an AI world😅. Maybe a pure ideal “product” is not possible, but shifting service to universal solutions what close to a product that I can put little effort to maintain it definitely would be correct way isn’t it?
I'm a final year student at uni with a keen interest in starting my own software agency. From your videos, I've gathered that freelancing is a good place to start. However, I only have less than a year of experience from internships. Do you recommend getting more years of experience under my belt before doubling down on freelancing?
Really like your content, I'm also doing an software startup with a partner, the app basically is like the idea of sharing your luggage space with the customer who wants to buy some stuff in the country where you travelled. And the app is about 90% completed and got tested by about 10 to 20 people. The business stuff is really the tough one, which for me I'm a self-taught software engineer who can do not only mobile, web, or backend stuff all by myself, but got no idea how should the app should get advertised.
As a startup founder, 14 months deep, I am in awe how you know this much, because it took me so much learning building a startup to know this. Well articulated.
The only thing i disagree with is the part about your boss paying you more if they need you. I think that shows your lack of experience in big corporations. They don't give a shit, because the company is too big, it runs on it's own even if a couple of golden cogs get replaced by rusty copper ones. My Manager was one of the most loved people in the entire international company, worked his way up for 15 years, and when he moved homes to a different country, a tropical one to be specific ( because that's relevant later ), because it was his dream, they fired him instead of simply adjusting the country of residence on his contract. and the CEO said something like " Do you think we pay you so you can be on vacation? ".... like holy shit that has to be the most retarded shit i've ever heard. Just to be clear, the location of his home is not relevant for work reason, our company has been fully remote for many many years. we don't even have offices in most countries.