MBA1406 3 Golden Rules When Starting a Software Company

Ready to start a software company? These are the most important things we learned from building ours! It took time to learn them. It took a lot of trial, and no small amount of error. Software as a product type has exploded, especially the SaaS (Software as a Service) model. For anyone looking to start a business, software is quickly becoming the first, best option.  We’ve seen a zillion software companies rise and fall, so what can we say that’s true for all of them? Today, we share 3 specific facts about the software game that are immutable, irrefutable, and unchanging — no matter what kind of software you want to sell. Whether you want a lifetime revenue stream, or simply want to build an app and sell it, these are the universal rules. We learned most of this on the way to building WebinarNinja, our webinar software. The key, in our experience, is to make decisions based on external realities and not just your own ideas. In other words, humility is the first ingredient. Check out these 3 rules, and keep them in mind as you plan your incredible software business. Click Play! SUBSCRIBE ON APPLE PODCASTS Stitcher | SoundCloud | Podcast Feed | How To Subscribe Give us a Rating & Review Today’s Sponsors Podia Easily sell Online Courses, Memberships, and Digital Downloads to your audience. With more than 10,000 creators on the platform, Podia is the easiest way to earn a living teaching what you know. Create a beautiful storefront in minutes and start selling your digital products. No technical knowledge needed, and no third-party plugins required. Check out podia.com/mba now. Axos Bank Want a bank that moves your small business forward? Axos’ basic business checking account is crafted for business owners with solutions to meet your needs. It’s simple, convenient, and hassle free. Axos is 100% digital, with lower overhead that eliminates the need for maintenance fees, minimum balances, or domestic ATM fees. Access your money anytime, anywhere. Axos will give you $100 just to try it out: use promo code 100MBA at axosbank.com/100mba. Show Links WebinarNinja The Fizzle Show Podcast Strong App Profitwell The post MBA1406 3 Golden Rules When Starting a Software Company appeared first on The $100 MBA. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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