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What should my daily schedule look like?

Ken Koster, MS
Startup Founder
Ken Koster is the Co-founder and CTO of Ceevra, a medical technology company. He has over 15 years of experience programming and leading software teams at Silicon Valley companies. Ken holds a BS and MS in Computer Science from Stanford University.

Ken Koster, MS

Startup Founder

Expert Answer

Most of your day, at least several hours, should be devoted to development. Of course, you will need to have meetings with various groups of people so everyone knows what's happening and you can run the business end, but the best software companies have long stretches of time every day just devoted to development, troubleshooting, and fixing bugs.

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What is the estimated cost to start a software company?

Community Answer

It depends on what you want to build. If you'll be working from home, the startup costs will be much cheaper. It all depends on how many months you want a buffer for, whether or not you want an office space, where your office location is, cost of insurance, etc.

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Question

What is the average revenue if the software company does well?

Community Answer

There is no standard average revenue; it depends on your business model, customer segment, pricing structure, and more. Some software companies may never get revenue (and fail) while some companies get billions of dollars per year.

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How can I do this without any IT background?

Community Answer

Get a partner who has an IT background. Your partner will deal with the technical aspect, while you deal with the business aspect.

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Question

How do I hire employees if my company hasn't started yet?

Community Answer

Tell friends about it and advertise for it online or at your local community center. You might be able to get some employees to help you start your business this way.

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Question

How can I find out the estimated cost of starting a software company?

Community Answer

Look at market research in your area to find out the starting costs.

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Question

How do I get projects for a software house?

Community Answer

Search for internet jobs, such as fiverr, freelancer and upwork.

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How much income would I get from my software company each month?

Community Answer

It all depends on your business. This cannot be answered any other way. The more you sell, the more you will make.

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Question

Does marketing play a major role in the company? If so, why?

vipul gupta

Community Answer

Yes, marketing always plays a major role. The importance of marketing in a company can be seen in the following ways: (1) Customer acquisition and retention. (2) Competitive advantage. (3) Revenue generation. (4) Product development. (5) Brand building.

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