Posts tagged Entrepreneurship

Think of any idea… chances are, someone else would have beaten you to it. Your competition could be open source or closed-source (worse still, your idea could be patented somewhere). And if indeed, your idea is unique, chances are, again, is that either your a true-blue visionary or your idea could be a bummer.

However, the thinking of not dipping your hands into the pool just because somebody else is already swimming with the same gear as yours is not productive at all. Most of the time, your idea will be based from a common knowledge, concept and platform. And if your concepts’ good enough, Microsoft or perhaps Red Hat might even copy or buy your technology sometime.

What’s the real score then? In joining the market, your product and/or your service won’t be unique anymore, attributing this with decades of I.T. evolution. The key differentiator that you can provide is something intangible. Your key asset will be extra-product and/or extra-service add-on (ie. value-added qualities). What do I mean by this? If you sell a product, you’ll be branded cool if your time-to-market is fast, if your relative bug statistics is low, if your response time to fixing a bug is high, if simply you have the better UI, and many more.

IMHO, the Java world provide two areas of opportunity to sell: the enterprise (with Java EE, Web 2.0 and other distributed processing technologies) and the stand-alone applications (ie. productivity tools, analysis tools, finance/banking software, etc.). I don’t see a big potential in the ME market… yet.

The fear of copycats will never get you going. This fear will just keep your technology right at your labs and drawing boards and would not take off. The name of the game is to keep ahead at least one step from the competition or from potential competitors.

Remember, reaching your desired goal with Java will definitely have its birth pains. It’ll take a long and complicated planning, research, design, development and QA stage to get your product into a stream of profitability. The money will not trickle in to your accounts overnight anyway.

Just pursue your passion (and have the funding, however you manage to do that, and this is a different story all together) and you’ll be happy playing around and at the same time earning.

NOTE: comments and pings closed due to spam… contact me through email for your comments. TNX