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I've worked as a consultant in software development and product management for a few years. There are a few things you should consider. One is how much you wan
by shimon 9y ago
I've worked as a consultant in software development and product management for a few years. There are a few things you should consider.
One is how much you want to focus on this business. Maybe helping people for free is fun and you don't think there's enough demand to make you a significant amount of money. If you have a good day job and don't want to do extra tax paperwork for an extra $2000/year of income, it might not be worth it. On the other hand, if you've got real companies who need your stuff and you can make it much easier for them, you might have a high-value consulting offering. Try to ballpark the value you could create. For example, if a company typically spends one dev-month setting up your system, but you can help them get it done in a day, then you plausibly have a very high-value service worth several thousand dollars. If the challenges in your system tend to appear once it's in use at scale, and it has many large-scale users, then the value of expert help can be much higher.
Assuming you do want to make a business around this, you should also explore what kind of business. People are contacting you for assistance, so selling assistance is one straightforward option. But maybe there are better solutions? For instance, if they're looking for help with deployment, maybe it makes sense to offer a hosted version they can just buy. If they're looking for integration with existing systems, maybe those integrations are something you can build -- custom initially, but with re-sale potential as future users want to integrate similar systems.
Finally, similar to how you help students I also like to assist/mentor people starting new ventures. If I can help feel free to contact me at shimon@rura.org.
- qrv3w 9y agoThanks! Great points. I may contact you if I have some more questions.