Sometimes I wonder whether I should go and try to buy a micro SaaS business (I am an SWE) that's already out there just for the sake of trying to learn the ropes on how to do a business.
Convince me this is a bad idea.
Convince me this is a bad idea.
If you are able to make the right pick and the size of the deal is something you're comfortable seeing go to zero, it may be a good learning experience.
However, you'll be learning to acquire and keep a business alive, not start a business through this. Some things may remain the same depending on the stage of the business but if you're looking for experience starting a business, I think starting on and failing will be better training (and free)
Interesting note about "acquiring and keeping a business alive, not starting a business", I am under the impression that these two skills are related, if not the same.
It's not that the stuff you would do isn't relevant to starting your business but that it's not the complete picture.
If you buy a business, you have the opportunity to scale and fix issues (code, business model and otherwise). Starting something from scratch involves a lot more work and skills.
Starting vs. buying/scaling requires a different set of skills and perhaps different work, but roughly the same amount as starting. Source: I've done both.