Confessions of a bad software entrepreneur

If you read blogs and forums and go to conferences you will soon pick up that there are a number of recommended ‘best practices’ for being a successful software entrepreneur. I don’t conform to many of them:

SaaS product

No. Both my products are desktop based.

B2B market

Not really. Most of my customers are consumers.

Funded

No. I bootstrapped the business from my own savings.

Subscription model

No. My licences are a one-time fee.

Beautifully designed responsive website

No! www.perfecttableplan.com converts well, but it is certainly not beautiful or responsive (a new website is on the way though).

Co-founder

No. Just me.

Delegation

No. I have delegated bookkeeping to my lovely and talented wife (who also proof reads this blog) but I don’t have any employees or virtual assistant and do the vast majority of things myself, including all the marketing, sales, programming, documentation and customer support.

Drip email campaign

No. One day perhaps.

Focus

Not really. I like variety. I have 2 products under active development and also do some consulting and training.

Social media campaign

No. I have long since given up on Twitter and Facebook as marketing channels.

Mastermind group

No. I do talk with my peers in forums, at meetups and conferences, but not in any structured way.

Started young

No. I was pushing 40 when I started my entrepreneurial career.

Endless growth

No. I can’t really grow the business much more without taking on staff or becoming a workaholic. But I am happy just to maintain the current level of sales. [1]

Exit plan

No. I haven’t given it any real thought. I am quite happy doing what I’m doing.

But…

My one-man software business has made me a nice living doing a job I enjoy for more than 10 years. So I guess I must be doing something right. There is no ‘one true way’ to be an entrepreneur. If you have a good product with good support and good marketing, most other things are optional.

[1] Added after suggestion by Tom Reader.

20 thoughts on “Confessions of a bad software entrepreneur

  1. Tom Reader

    Also “Constant growth is essential”. Not really, if the income stream is already enough and you have no interest in taking over the world. Congratulations on the PC Pro article, by the way. I particularly liked the final sentence: “[his software will never] earn him enough to dock his yacht next to Larry Ellison’s in Monaco. If that bothers Brice, he’s doing a remarkable job of hiding it”. Hear hear…

  2. beatrixwillius

    Fads come and go. Delegation makes sense if you absolutely hate something and it’s simple. Endless growth and exit plan are just a “make money quick” scheme that doesn’t work in most cases.

    I’m still waiting for the ugly flat design phase to pass so that we get nice gradients back and my website and application look modern again.

  3. Gene Wirchenko

    Bad, bad, bad, entrepreneur! You are grounded. No yacht trips for a week for you.

    “best practices” often mean “Well, I think it’s a good idea.” and can have little connection with reality. Good of you to show it. In particular, endless growth is a silly one. That is the mentality of cancer. Or a stock market bubble.

    Typo: “proof read” should be “proofread”.

    1. Andy Brice Post author

      >“best practices” often mean “Well, I think it’s a good idea.”
      Most of them do make sense, but only for a certain range of goals and circumstances.

      >Typo: “proof read” should be “proofread”.
      The irony!

      1. Gene Wirchenko

        On best practices, yes about range. The problem is that qualifiers tend to get left off, if they were even there in the first place. I have preferences, too, but I do not try to cram them down everyone’s throats. (I am more selective.)

        The irony was delicious.

    1. Andy Brice Post author

      I am keen to learn from others. But I am also a bit skeptical when lots of people are telling me I have to do X. My goals might be quite different to theirs.

  4. Michael Rusakov

    The focus thing… I also have two desktop products, but still cannot find a balance between them: constantly improving the first one, but almost abandoned the second. Can you please share your experience on how you do that? Do you dedicate a month (or two weeks) to one product (one split or iteration or release) and then switch to another? The question mostly relates to the development, because marketing can be made simultaneously. Thanks!

    1. Andy Brice Post author

      Michael,
      I’m not sure I have any great insights. Trying to keep 2 products moving forward is a struggle. I try to find time to work on Hyper Plan in between important stuff I have to do on PerfectTablePlan. I try to do a release of one before I switch focus back to the other. But of course I am having to do admin and support on both daily.

  5. Steve Jordi

    Alleluia finally someone else understanding that “I want my software in my computer even when I don’t have internet connections, no Saas…”
    Thanks for sharing. I also match almost all the other points… Wevare not alone, what a relief.

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