Idea generation, rating, and testing
There is nothing wrong with solely building products for clients. In fact, it's one of the best ways to gain a lot of experience and attain specific knowledge that can be leveraged to build your own products. However, the agency model is not a great business model and unless you truly enjoy every part of it, it's wise to avoid scaling an agency. There are benefits to remaining small by design. At a smaller scale, it's easier to make a profit, you are free to pick projects that bring specific knowledge and new opportunities, and handling your operations can still be done without it requiring too much of your attention.
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Building in public or private
It might seen crazy to not only share your idea in public but also to build it publicly - with your faults, failures and data on show. But this trend has not only been proving to be successful, it’s also gaining momentum in the indie builder community.
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Building products for clients, for yourself, or both
There is nothing wrong with solely building products for clients. In fact, it's one of the best ways to gain a lot of experience and attain specific knowledge that can be leveraged to build your own products. However, the agency model is not a great business model and unless you truly enjoy every part of it, it's wise to avoid scaling an agency. There are benefits to remaining small by design. At a smaller scale, it's easier to make a profit, you are free to pick projects that bring specific knowledge and new opportunities, and handling your operations can still be done without it requiring too much of your attention.
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The biggest barrier our company faces
Picking up the bottle of ‘Mama W’s Family Recipe’ sauce, you read the label on the back. The Williams family had been making their sauce from scratch at home for decades. Their choice ingredients make for a smoky and tangy flavour and are all natural. Now they are opening their home up to you, the consumer.
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What is a product studio and what does one build?
There are software development companies and then there are product studios. While both types of companies deliver a piece of software, the difference lies in the spectrum of disciplines involved and the output both companies generate.
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On Factorio (& why successful people play games)
Factorio is a real-time strategy game about building and maintaining factories. You begin in an alien world, and while initially about survival (manually harvesting supplies and fending off enemies) you soon have enough resources and knowledge to create automated production lines, electric machines, and solar-powered robots.
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Why now is the time to solve problems
Times are weird at the moment. Many businesses and people are taking a big hit. It’s tough for those who work in the hospitality or event industry, not even to speak about those working in health care. A virus keeping us inside our homes all around the world, central banks printing money to keep the economy going, stock markets plummeting, and a debt bubble that keeps on growing. It does not sound like the perfect situation to start making bold moves.
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Building the right digital products will bring you more opportunities than you can handle.
I’ve got a thing for creation. From the very beginning of my childhood to where we are right now, I’ve always been intrigued by creating something. Where things started with little woodworks and electric devices when I was young, soon this became digital products when I was heading into adulthood.
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We’ve been building a RegTech product for a year and this is what we’ve learned
Eli5 build custom software. The beauty of this is we can create almost any type of software — we have our own in-house Low-Code platform full of building blocks for IBM AI, machine learning algorithms, Blockchain technology, secure API’s, IoT connections, and integration technology.
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