Use the controls above to listen to the episode or subscribe on iTunes | Stitcher Radio | Google Play | RSS
John Michael is a designer/front-end developer who teamed up with co-worker Paul Groetzner to start a software company while keeping both of their 9-5 day jobs. Nine months later, they are gearing up for their official launch and would like to share their experience of starting with nothing to producing a viable market product with zero funding.
Key Takeaways
- When working in mid/large-sized companies, we have limited input into changing the company’s direction without significant effort.
- Entrepreneurs sometimes feel they can do it better.
- When finding a business partner, try a small project first to test out the partnership dynamics.
- To get product ideas, ask business owners what software they use and what limitations they have.
- Subscription-model revenue is ideal for many startups.
- Partner with your initial customers to gain industry knowledge.
- Many entrepreneurs get stuck in the beginning because they are trying to come up with something that’s never been thought of before. Instead, look at existing products & services and do it better.
- Find niche industries where technology has been stagnant.
Resources Mentioned
Sponsors
- BookMoreNights.com – Get more customers on AirBnb, VRBO and other vacation rental sites.
- Get a free audio book from Audible
Contact Guest
Available on Entrepreneurship Saturday and Hello Tech Pros daily podcasts
Get the Interview Questions
My Podcast Interview Guide contains the interview questions for all 3 topics:
- Career Development
- Product Development
- Business Bevelopment