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Recent content by Alessandros

  1. Alessandros

    The Goal: Setting up a Software Company

    EXECUTION 
    Dec. 5th/6th, 2024, Update #1 Up to now I did some requirements engineering, and have worked on the specifications of my program. I also did some more product/competitor research and have found out that there are more than 2 other companies with a similar product. So there is much more...
  2. Alessandros

    The Goal: Setting up a Software Company

    EXECUTION 
    My customers find me, I want to use a pull-strategy. And I don't restrict my customers to a specific location, age, or country (no niche strategy here). Using SUCS (from DeMarco's books: superior unexpected customer service) seems to me an excellent idea. My program does a lot of calculations...
  3. Alessandros

    The Goal: Setting up a Software Company

    EXECUTION 
    At least one competitor, yes. But my program will be much different from theirs. And the ideal customer: someone who pays and don't do piracy with my program. Time complexity is a crucial and important topic. Therefore good programming is necessary, but it needs also a fast programming...
  4. Alessandros

    The Goal: Setting up a Software Company

    EXECUTION 
    So the fundamental idea is to program something useful and then selling it via the Internet. I want to do this alone, without employees or partners. Probably I can think about employees/partners in a later stage of the development. Possible steps are the following: 1. Doing market research to...
  5. Alessandros

    First Fastlane Anniversary: My Biggest Lessons

    GOLD! HOT! EXECUTION 
    Same with Day Trading. The only guys making money with it are the ones who are writing the books about it.
  6. Alessandros

    You just won a million dollars: What now?

    QUESTION 
    I invest the million dollars in growth shares (stock market). So I will have some more income from the dividends. Of course, I will still go on with the development of my start-up company, in order to go fastlane. The dividends I get will perhaps help me a little bit to fasten the whole...
  7. Alessandros

    Are IQ (Smarts) and Success Correlated?

    HOT! CHAT 
    I've done IQ-tests and I have 3 very (!) different results. So how could this be? And what is the IQ of a person then? Is it a valid concept at all? I disagree with this thread, successful people are not necessarily IQ-smart. And the people on the Forbes-list are probably not in the majority of...
  8. Alessandros

    9 Dream-Killing Lies You Sell Yourself...

    GOLD! HOT! MINDSET 
    I think we need a poll about the 9 lies: which are the most relevant ones? In my opinion it is LIE #1 and #2, but I can be wrong.
  9. Alessandros

    Alcohol drinking habits

    HOT! MINDSET 
    You could drink a Cola or Pepsi instead. There is perhaps too much sugar in it, but no alcohol; and the taste may be better. You could argue that you have to support your Cola or Pepsi shares, if you have some.
  10. Alessandros

    How to spend 70 000 euros in less than 9 months, being only 19 years old. My story.

    INTRO 
    Only if you really learn from your experiences. There are enough fools around who make the same mistake twice. Perhaps you went from 8 to 80 on the experience scale (not on the age scale) - so the top of the scale may be 1.000.000. There remains a lot to do and to learn.
  11. Alessandros

    Business Opportunities 2023: Next Big Trends

    IDEA INVESTING 
    I love your question. An answer now is much more difficult than in the years before. There are big tensions and conflicts, US vs. China about trade and perhaps Taiwan, the war in the Ukraine and the conflict Russia against the world, the behavior of Iran and perhaps North Korea. The...
  12. Alessandros

    How to spend 70 000 euros in less than 9 months, being only 19 years old. My story.

    INTRO 
    You have learned that some things in live don't work. That's painful, but on the other side these are very valuable experiences. And - believe me - you are not the only one with such experiences. Your advantage is that you've done and learned all these things and failures in a relative short...
  13. Alessandros

    How to get the first clients for my software agency?

    MARKETING 
    There is a story about Henry Ford, he said: "If I ask people what they want, the answer is faster horses. But nobody want a car." (or similar) How you discover market needs is described in MJ's books. Look for not satisfied users of any products, look for complaints about products/services...
  14. Alessandros

    How to get the first clients for my software agency?

    MARKETING 
    Eric, my suggestion is that you read TFM and learn the CENTS-modell. Is your agency such a CENTS-thing? I don't think so, because you don't have much control and what about the scale? So there are some fundamental issues you have to tackle when you want to go fastlane. And furthermore: just...
  15. Alessandros

    Learning to Program is STUPID! (or SMART?!)

    GOLD! HOT! 
    That's an excellent argument. As a beginner you can't employ other persons, you can't spend 100k on a programmer. And there are also a lot of reasons that you couldn't outsource your programming work. How will you further develop a product, you don't understand, because you haven't programmed...
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