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Business Plan – How to build a successful software company


how to build a successful software

how to build a successful software company so I got a great question from

company so I got a great question from

company so I got a great question from one of my youtube viewers love you guys

one of my youtube viewers love you guys

one of my youtube viewers love you guys Ahmed who wrote in to say hello Evan I’m

Ahmed who wrote in to say hello Evan I’m

Ahmed who wrote in to say hello Evan I’m a student from computer science and I

a student from computer science and I

a student from computer science and I love computers and IT I wish to do

love computers and IT I wish to do

love computers and IT I wish to do something in this field in the video you

something in this field in the video you

something in this field in the video you mentioned the software company could you

mentioned the software company could you

mentioned the software company could you please tell me something about it or how

please tell me something about it or how

please tell me something about it or how to do business as a software developer

to do business as a software developer

to do business as a software developer thanks a lot Evan I mean this is a great

thanks a lot Evan I mean this is a great

thanks a lot Evan I mean this is a great question and a lot of people want to get

question and a lot of people want to get

question and a lot of people want to get in the software and to build a

in the software and to build a

in the software and to build a successful software company you need two

successful software company you need two

successful software company you need two things you need to have the skill set

things you need to have the skill set

things you need to have the skill set needed to build a company and you need

needed to build a company and you need

needed to build a company and you need to have a purpose that everybody is

to have a purpose that everybody is

to have a purpose that everybody is rallying around so what you have here

rallying around so what you have here

rallying around so what you have here now is you have some skills right your

now is you have some skills right your

now is you have some skills right your your programming your software developer

your programming your software developer

your programming your software developer you have all the IT skills so you have

you have all the IT skills so you have

you have all the IT skills so you have some of the skills that you need to

some of the skills that you need to

some of the skills that you need to build a business what you need to do to

build a business what you need to do to

build a business what you need to do to be successful is to have all of the

be successful is to have all of the

be successful is to have all of the other skills around you right you need

other skills around you right you need

other skills around you right you need the leadership you need the sales you

the leadership you need the sales you

the leadership you need the sales you need the marketing you need the customer

need the marketing you need the customer

need the marketing you need the customer support skills you need to strategy all

support skills you need to strategy all

support skills you need to strategy all the things needed to build a business

the things needed to build a business

the things needed to build a business and you may be weak on those you may

and you may be weak on those you may

and you may be weak on those you may have an interest in learning those

have an interest in learning those

have an interest in learning those things and getting better at them or you

things and getting better at them or you

things and getting better at them or you may think you know what I have no

may think you know what I have no

may think you know what I have no interest in that stuff I just want to

interest in that stuff I just want to

interest in that stuff I just want to cut code and build awesome software so

cut code and build awesome software so

cut code and build awesome software so the bill that successful company you

the bill that successful company you

the bill that successful company you need that complete rounded skill set and

need that complete rounded skill set and

need that complete rounded skill set and it may involve bringing on other people

it may involve bringing on other people

it may involve bringing on other people who have those skills to complement you

who have those skills to complement you

who have those skills to complement you the second thing you need is the purpose

the second thing you need is the purpose

the second thing you need is the purpose like what are you here to do what is

like what are you here to do what is

like what are you here to do what is your company all about what kind of

your company all about what kind of

your company all about what kind of amazing software do you want to build

amazing software do you want to build

amazing software do you want to build and having a clear purpose will make it

and having a clear purpose will make it

and having a clear purpose will make it easier for you to stay motivated but

easier for you to stay motivated but

easier for you to stay motivated but also easy to attract like-minded people

also easy to attract like-minded people

also easy to attract like-minded people with complementary skill sets right so

with complementary skill sets right so

with complementary skill sets right so if you’re going to be the developer and

if you’re going to be the developer and

if you’re going to be the developer and you need somebody to do the sales and

you need somebody to do the sales and

you need somebody to do the sales and marketing why am i going to come and

marketing why am i going to come and

marketing why am i going to come and work with you it’s because you’re

work with you it’s because you’re

work with you it’s because you’re standing for something important right

standing for something important right

standing for something important right you’re the purpose of your business is

you’re the purpose of your business is

you’re the purpose of your business is important you’re going to be adding a

important you’re going to be adding a

important you’re going to be adding a lot of value to people’s lives you’re

lot of value to people’s lives you’re

lot of value to people’s lives you’re going to be changing the world somehow

going to be changing the world somehow

going to be changing the world somehow so understanding that clear purpose

so understanding that clear purpose

so understanding that clear purpose makes it easy to attract the people

makes it easy to attract the people

makes it easy to attract the people around you who have complementary skill

around you who have complementary skill

around you who have complementary skill sets and believe in the same thing ok so

sets and believe in the same thing ok so

sets and believe in the same thing ok so again you need to have

again you need to have

again you need to have the right skill sets on your team and

the right skill sets on your team and

the right skill sets on your team and you need to have the core purpose

you need to have the core purpose

you need to have the core purpose everybody can rally around so my

everybody can rally around so my

everybody can rally around so my background the first company I had the

background the first company I had the

background the first company I had the first real company that took off and did

first real company that took off and did

first real company that took off and did well was was a biotechnology software

well was was a biotechnology software

well was was a biotechnology software company and I joined I wasn’t one of the

company and I joined I wasn’t one of the

company and I joined I wasn’t one of the founders I joined as an owner later on

founders I joined as an owner later on

founders I joined as an owner later on and the two founders had created a great

and the two founders had created a great

and the two founders had created a great piece of software and what I loved about

piece of software and what I loved about

piece of software and what I loved about it was that it was doing good it was

it was that it was doing good it was

it was that it was doing good it was research software to help scientists and

research software to help scientists and

research software to help scientists and the software is being used to try to

the software is being used to try to

the software is being used to try to find cures for cancer and AIDS and

find cures for cancer and AIDS and

find cures for cancer and AIDS and diabetes important stuff right I wanted

diabetes important stuff right I wanted

diabetes important stuff right I wanted to feel when I was university I want the

to feel when I was university I want the

to feel when I was university I want the feel I would still do but I wanted to

feel I would still do but I wanted to

feel I would still do but I wanted to feel like I was doing something

feel like I was doing something

feel like I was doing something important right might the work I was

important right might the work I was

important right might the work I was doing was meaningful and I was having a

doing was meaningful and I was having a

doing was meaningful and I was having a positive impact on the world somehow

positive impact on the world somehow

positive impact on the world somehow that’s what I wanted to feel and so I

that’s what I wanted to feel and so I

that’s what I wanted to feel and so I love that about this company I had zero

love that about this company I had zero

love that about this company I had zero background in computers zero background

background in computers zero background

background in computers zero background in software I sucked at science it was

in software I sucked at science it was

in software I sucked at science it was my worst subject in in high school and I

my worst subject in in high school and I

my worst subject in in high school and I dropped it as soon as I could

dropped it as soon as I could

dropped it as soon as I could so now to be you know an owner in a

so now to be you know an owner in a

so now to be you know an owner in a scientific software companies is almost

scientific software companies is almost

scientific software companies is almost a joke and I’m sure my science teachers

a joke and I’m sure my science teachers

a joke and I’m sure my science teachers would have laughed at me and said

would have laughed at me and said

would have laughed at me and said there’s no way that’s even possible and

there’s no way that’s even possible and

there’s no way that’s even possible and that wasn’t the skillset I was bringing

that wasn’t the skillset I was bringing

that wasn’t the skillset I was bringing right I was bringing the business

right I was bringing the business

right I was bringing the business development the PR the marketing the

development the PR the marketing the

development the PR the marketing the strategy that stuff and I believed in

strategy that stuff and I believed in

strategy that stuff and I believed in what the company stood for so combined

what the company stood for so combined

what the company stood for so combined we were with a build a successful

we were with a build a successful

we were with a build a successful company we were able to get NASA Johnson

company we were able to get NASA Johnson

company we were able to get NASA Johnson Johnson big companies on board in over

Johnson big companies on board in over

Johnson big companies on board in over 30 countries and blow this company up in

30 countries and blow this company up in

30 countries and blow this company up in a short amount of time and then get

a short amount of time and then get

a short amount of time and then get acquired that’s what makes a difference

acquired that’s what makes a difference

acquired that’s what makes a difference it’s not just having one skill it’s

it’s not just having one skill it’s

it’s not just having one skill it’s having that skill surrounding yourself

having that skill surrounding yourself

having that skill surrounding yourself with complimentary people and standing

with complimentary people and standing

with complimentary people and standing for something important having a key

for something important having a key

for something important having a key purpose of driving all of you forward

purpose of driving all of you forward

purpose of driving all of you forward that’s how you build a successful

that’s how you build a successful

that’s how you build a successful software company belief for those who

software company belief for those who

software company belief for those who are watching like the video you can

are watching like the video you can

are watching like the video you can support me by clicking on the link in

support me by clicking on the link in

support me by clicking on the link in the description leave a comment let me

the description leave a comment let me

the description leave a comment let me know you think let me know if you have

know you think let me know if you have

know you think let me know if you have any questions and if you want to see

any questions and if you want to see

any questions and if you want to see more videos like this you can click on

more videos like this you can click on

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”

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