Build Your Premium Dev Offer in 4 Days → Thinking of quitting the tech industry grind to start a profitable software business yourself? Before you take the plunge, don't make the same mistakes I did! The secret to finding a profitable software idea, is that it must come from your customers. Unless you know a real pain that people who would use your software are experiencing, you can easily fool yourself into thinking it's good enough to build a software product business on. In this episode, I share what I've learned about finding real software product ideas. I use a combination of IBISWorld, ChatGPT, and a book by Dane Maxwell to help my software development coaching clients discover software startup ideas. IBISWorld Businesses Start from Zero by Dane Maxwell CHAPTER MARKERS 0:00 Introduction 1:42 Finding a Profitable Software Idea 1:54 1. Select a Customer Market 2:50 2. Determine How to Contact Customers 4:37 3. Ask Customers for Their Biggest Problem 6:05 4. Ask People Who Responded To Meet 7:03 5. Ask Them 5 Questions 7:15 Make Sure You're On The Same Page 7:29 How Are You Solving It Today? 8:15 What Happens When You Don't Solve This Problem? 8:50 If You Could Wave a Magic Wand, How Would You Solve It? 9:36 Would You Pay for That Solution? How Much? 10:48 Identify Consistent Profitable Problems #entrepreneurship #softwarebusiness #productideas