25 year old Software Developer

[Michael Clark]

Hi all,

I'm a 25 year old Software Developer from Scotland about to start reading the millionnaire fastlane. I make about £34K a year in my permanent job doing Web Development work for a software house. I have £60K left on my mortgage, £6K in a pension fund, and a bank account that's accruing interest. I think that I'm a Slowlaner by definition.

I find myself with extra time on the weekends and as I get older it gets harder for me to waste it frivolously on Netflix and gaming. I want to spend my time working on developing a business. I have many ideas such as developing content for sites such as PluralSight or YouTube, reselling and have even considered creating an online marketplace for locally sourced products - a sort of "Made in Britain" kind of thing.

The problem I'm most faced with is finding the right product/service to provide for. I want to provide something of real value that isn't just a cheap thing I bought in China and sold for slightly more money in the UK. I want my path to the fastlane to be one filled with integrity and high quality.

I probably wont post very often, but will do so when I hit milestones or need/can provide advice.

Mike

 

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[jazb]

Might be slowlane but still in the top bracket for your age.

why not get into SaaS for small business? i mean, you are already in that line of work anyway?

 

[Michael Clark]

Might be slowlane but still in the top bracket for your age.

why not get into SaaS for small business? i mean, you are already in that line of work anyway?

Yeah, SaaS is a very general term for what nowadays is just a website with some complex functionality - essentially what I do for a living with my current employer.

I have often thought of using my development skills in making an online service that's open to the public and freely available. An online marketplace for British vendors was one of my ideas - think of an online farmers market/an amazon that tailored specifically to British vendors. Given Brexit has just happened I think it could be a good service to provide some of the smaller businesses.

There have been other suggestions from colleagues such as HR holiday systems, task/time management systems and so on. The problem is that settling on one idea out of 100 can be perplexing. To me I'd have to provide some kind of value, and my main focus is finding the right kind of industry/area that I think I should provide value to.

 

[juan917]

I was a Software Engineer by profession as well, do you have a language preference?

 

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[Michael Clark]

I was a Software Engineer by profession as well, do you have a language preference?

Yeah I work mainly with c# and the Microsoft web stack. I also work a little with php.

 

[Andy Black]

Hi all,

I'm a 25 year old Software Developer from Scotland about to start reading the millionnaire fastlane. I make about £34K a year in my permanent job doing Web Development work for a software house. I have £60K left on my mortgage, £6K in a pension fund, and a bank account that's accruing interest. I think that I'm a Slowlaner by definition.

I find myself with extra time on the weekends and as I get older it gets harder for me to waste it frivolously on Netflix and gaming. I want to spend my time working on developing a business. I have many ideas such as developing content for sites such as PluralSight or YouTube, reselling and have even considered creating an online marketplace for locally sourced products - a sort of "Made in Britain" kind of thing.

The problem I'm most faced with is finding the right product/service to provide for. I want to provide something of real value that isn't just a cheap thing I bought in China and sold for slightly more money in the UK. I want my path to the fastlane to be one filled with integrity and high quality.

I probably wont post very often, but will do so when I hit milestones or need/can provide advice.

Mike

Welcome to the forum @Michael Clark.

Check out the three highlighted links in my signature.

Good luck!

 

[juan917]

Yeah I work mainly with c# and the Microsoft web stack. I also work a little with php.

Nice I love Web API. Right now I have a Mac only so haven't been able to work with it at all but hopefully will be able to in the future as Microsoft makes it easier to dev on Mac

 

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[Dazed]

Hi Michael

The best way to distinguish which of your ideas will work is to see if customers are interested before investing any money.

Get a basic webpage even a coming soon page up, get some Facebook or AdWords ads running, and see how many click through, add to cart, what the cost it, etc.