7 Things You Must Know Before Starting a Software Firm




Are you a creative, disciplined, innovative and intelligent risk-taker? Are you fascinated by how productivity can be improved with Software companies? Do you want to start your own business? If you answered ‘yes’ to these questions then it’s time you claim your share of the billion-dollar software industry that’s growing every day.

But don’t jump to starting a software firm just because you’re a talented worker and want to be your own boss.

Thinking business means thinking differently. Of course your talent counts. Here is a solid formula to help you set up a money-earning business of your own.

1. Focus Right: Software Product or Software Services you want to provide
2. Balancing Act: Hiring Technical Team First or Sourcing Software Projects First
3. Having a Business Partner or Not To Have Partner
4. Customer Target Location, Location & Location
5. Biggest Challenge: Making Sure You Will Have Ongoing Software Projects or New Web Development Projects in Pipeline
6. Software Outsourcing or Not To Outsource
7. Talent, Talent and Excellent Talent

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