What's a good industry to build software for?

[hobokook]

Hi,

I want to get into the software as a service business, building software for businesses.

The problem is I'm not sure what industry to go into.

I'm just wondering if you guys had any opinions on industries that would be good for building software in?

I know this is a vague question but I'm really having trouble choosing an industry.

-Keith

 

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[Mike39]

I heard the pencil lead distribution market has a huge undeserved need for software

 

[nzerinto]

Keith - you are likely not going to receive very helpful replies to your question.
Any industry could probably do with new/helpful software. The key point is simply finding a problem in that industry, and either solving it, or doing it better than existing competitors.
Knowing something about the industry would be a good place to start, so start from within your circle of influence, and widen the search from there.

 

[theag]

I guess you got this idea from watching something related to Dane Maxwell or the foundation? If so, you should check out sam oven's case study. He choose his industry based on the fact that they were posting a lot on job sites (e.g. spending a lot of money = healthy industry). So thats one option.

 

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[healthstatus]

Software for people that want to make money on the Internet.
Health/wellness
Forex

Never been a shortage of buyers in these areas.

 

[wade1mil]

Software to help people find businesses that want to buy software?

 

[theag]

I'd pay for a need-finder.

 

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[wade1mil]

I'd pay for a need-finder.

How much?

 

[evanwebb]

Best place to find what you are talking about is to get out from behind your desk and go talk to business owners. Make it clear what you can do and that your main goal is to solve one of their biggest problems. If you know business owners, start there. If not, call up small business owners (like on the phone) in your area and just say, "If I could save you a thousand dollars a month on your operating expenses, would that be worth 15 minutes of your time." You might be able to do that, you might not. But that's your headline to continue the conversation. Then spend those fifteen minutes talking about their problems with them. Listen. Close the conversation by offering to come in and meet with them to discuss further.
Another thought is to find a problem you currently have and then talk to other business owners in your industry and see if they have the same problem. Collaborate to find a solution, and then create that solution.

 

[theag]

How much?

 

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[Pinnacle]

Hi,

I want to get into the software as a service business, building software for businesses.

The problem is I'm not sure what industry to go into.

I'm just wondering if you guys had any opinions on industries that would be good for building software in?

I know this is a vague question but I'm really having trouble choosing an industry.

-Keith

Develop mobile and Internet banking platforms for credit unions and/or banks. Unless they are big institutions, they outsource these functions. A customer I closed at my job does this for credit unions.

If you need training, see if you can intern with Jack Henry & Company Jack Henry Corporate. They develop these platforms for banks.

 

[andyredsox]

Keith - you are likely not going to receive very helpful replies to your question.
Any industry could probably do with new/helpful software. The key point is simply finding a problem in that industry, and either solving it, or doing it better than existing competitors.
Knowing something about the industry would be a good place to start, so start from within your circle of influence, and widen the search from there.

I agree with this.. Focus in just one industry and learn as much as you can about it. That's to design a software and make it stand out from among the competition. Have you heard about Facility Management Software? You can definitely find a good number of customers if you develop a superior one!

 

[VIP]

What ever you develop make sure it integrates with all the major social networks like facebook, instagram, twitter, etc that way you can go viral much quicker.

 

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