Entrepreneurial

Your app likely won’t make you rich

– Paras Chopra is an entrepreneur and the director of online analytics startup Visual Website Optimizer. The views expressed are his own. –

Sorry for crushing your dreams but your Web app for tracking happiness levels (or for “social-aware” to-do lists) is probably not going to make enough money to let you retire in Hawaii.

Many programmers and developers find making a Web app very satisfying and there is nothing wrong with that – as long as you are doing it for fun, it’s OK.

Making apps is the trivial part. Afterall, most are nothing more than a slick interface for CRUD (create, read, update and delete) operations. The key to making money is to find a market where people are willing to pay for those simple CRUD operations.

The usual approach for making apps (or “startups” as some like to call them) is this:

Is your business failing? It’s your fault

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Brace yourself, because George Cloutier has some unsettling news: your failing business is your fault.

Cloutier is the no-nonsense CEO of American Management Services and author of Profits Aren’t Everything, They’re the Only Thing, a literary slap in the face to small- and medium-size business owners who wonder why sales are slipping and cash is tight.

Like the gruff boss he urges small business leaders to be, Cloutier doesn’t waste any time trying to get you to like him — he wants your respect, and his book fires off rules without apology: “Love your business more than your family”, “End your denial” and, perhaps most startling, “Give up golf – it’s a waste of time!”

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