The Best Software Ideas to Start

my most frequently asked question

“Alex, what are the best software ideas to start?”

“Alex, how do I find software ideas”

all of the greats ever, athletes, entrepreneurs, they reverse engineer and study people like crazy

so let me tell you about 4 software companies crushing it and then let’s reverse engineer

1) instantly(dot)ai - went from 0 to $15,000,000 a year in like 2 years…

they are a cold email sending platform, so they sell to businesses and they’re $97/mo ++

2) Expandi(dot)io - they’re at $8,000,000 a year

they are a linkedin automation software (automate connection requests, DM’s, etc) and they sell to businesses and are $99/mo

3) retention(dot)com - they went from 0 to $20,000,000 a year in 2 years

they’re a software that you install on your website and they help you capture the contact info of people that visit your website WITHOUT them even opting in, so you get 30-40% more emails collected per month and they charge a couple hundred dollars per month

4) social snowball (shopify app) - doing multiple M’s per year

they’re a software to turn your customers into affiliates and to track the entire process

they charge a flat rate + a % of affiliate sales

so what do all of these have in common?

• they sell to businesses (B2B)

• they charge $100/mo or more

• they make businesses more money

• they’re an integral part of running the business once implemented (sticky)

these are the ideas you should be after, if it does all these things, you’re sitting on a winner

charging $100/mo + makes it easier to build a sales team and scale faster

if it makes businesses more money it’s an easy sell and then why would the business cancel their subscription (churn)

if it’s an integral part of running their business (I.E if sending cold emails makes me money, I'm not going to cancel the platform that I send through) they won’t churn

you find companies like this, look up their G2 reviews, and you see where there’s a gap in the market and you fill it

maybe it’s a pricing flaw

maybe they’re missing features

maybe there’s horrible customer support

maybe they have a poor / hard to user interface

figure it out, solve it, bring it to market, get paid

last night I hosted a live training on how to do exactly this

you can watch the replay below

watch the replay

best,

alex