Total admiration for the author, it was very savvy to identify that opportunity and they put their money on the line. The modern self-made entrepreneur is less appealing. Success stories nowadays are like "We dropship japanese candy boxes" or "My Crypto Substack has 5k subscribers".
If they were really in it for the money then spending all of their free time for a couple of years to get a few hundred dollars MRR would be a fail, yet many of them keep at it. I suspect the rewards they get from being an active part of the community feel worth it.
I think a better choice is to either go day job + hobby that isn't for money, as restricting yourself to what makes money is going to be less enjoyable. Or day job + heavily profit focused side business with the goal of quickly replacing your day job with said business, then freeing up some time to have your hobbies again. I think the mistake is trying to do both at the same time. You can't really focus on both profit and personal enjoyment in the same project (unless profit is a big source of enjoyment for you).
Who are the top players in pest-management software? How much of the market do they have? How much of the market wants another application because the existing ones don't cover their niche? How easy/difficult would it be to market to them?
I pulled Pest Management Software out of my ass because about 20 years ago I responded to a similar attitude by mentioning that while gardening I wondered if there was such a thing as pest management software (there is. It's a huge field) and also because last summer I was asked to build a small wireless interface to a mosquito sprayer so -- wait for it -- someone's mosquito control app could automatically monitor the amount that was being sprayed without the driver having to enter any data.
Opportunities are everywhere but you won't find them unless you look.
Anyway, I do think we have already seen the bottom of that curve.
you probably won't start ranking as easily as you could have 10 or 20 years ago, and there is lots of competition these days — that's true.
Article is published:
> June, 2024
I don't understand what you mean.