Category: Seven Figure Software

Investing in seven figure software, tip #1

There are opportunities abound to better serve your customers and improve your organization with investments in custom software. There are also countless ways to burn money in the process on marginally valuable software. This will be the first in a series of tips to avoid pouring your money down the drain and instead invest in software with an exponential return…

Valuable intuition

Custom software is expensive to create, and variable enough that it’s not worth the time to invest in marginally valuable projects. If you’re not entrenched in development, it’s hard to know when an idea may be encroaching on marginally valuable. Fortunately, you have an arsenal of intuition at your disposal. Ask your developers or whomever is responsible for creating software…

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Islands of value

Waterfall has a bad rap, likely deserved, of over-committing to the minutiae of what it will take to create or modify software over the course of many months and years. For this, and many other reasons, agile development favors change over following a plan. Unfortunately, this often results in a severe degree of under-commitment, the polar opposite of over-commitment. Both…

Commitment is the problem

Phased based software development, commonly referred to as waterfall, has taken a bad rap for at least a decade. And rightfully so in many situations. If we fall under the delusion that we can know everything in advance to accomplish a particular outcome, we’re going to have a rude awakening once we get started. No matter how hard we try,…

Wallowing In Ideas

Anyone involved in software development is keenly aware there’s never a shortage of ideas. Sometimes ideas are on the scale of a multi month development endeavor. Often they’re just a small tweak to existing software. The trouble is, ideas are customarily acted upon without a second thought. The waste is debilitating. Ideas alone are merely a possible course of action.…