| > what is lifestyle software? Sorry, I meant that it's a lifestyle business that sells software (as a service). Lifestyle businesses are so-called because they support the owners having a certain lifestyle. As the sibling comment says, this is something that is generally admired outside of Silicon Valley and mocked within Silicon Valley. I feel sad for people who are proud of working their lives away, but that's a different topic... > Asking so I can make and sell a $10M company someday. There is a formula to it, but it's still not a guarantee. Here is the formula I use: 1. Meet people in boring jobs or industries, or just make a diverse group of adult friends 2. Talk to these people about what wastes the most of their time 3. Find a way to automate it 4. Get your friends in that industry to sell it for you The biggest problem is #4. Getting the sales is hard because most industries are stagnant because of deep-rooted complacency. The ideal way to do it is to get someone who can be your first customer, convince them of the potential, and get them to be on your board. It definitely helps if you're overpaid in your day job and can just pay other people to build prototypes for you. Trying to build prototypes in your evenings/weekends is pretty brutal and violates the whole idea behind this. |