I learned some lessons 5 years ago when my initial plan was to do software development on my own after I quit my job. I have concluded a much more fruitful way

I learned some lessons 5 years ago when my initial plan was to do software development on my own after I quit my job. I have concluded a much more fruitful way to go is to develop your own product in a niche and pursue that. Perhaps even multiple products. There are numerous pitfalls to developing on your own that don't have anything to do with software development. Things like getting paid, dealing with customers, scoping projects, conducting meetings/phone calls, providing dead end quotes, etc. When I quit my day job I also hedged my time by building my own products, as of a year or so ago I washed my hands of all freelance development and focus on my own products.