Why Do Most Programmers Who Start Companies Fail?

Are you thinking of starting a solo software product venture to escape from the corporate grind? What resistance are you facing? How do you feel about the points in the video? What else are you worried about? Let's talk about it. ►► Know your options! Access my FREE data hub for the top 25 software industry roles, TechRolepedia → jaymeedwards.com/access-techrolepedia/

This video is huge. Several of my friends are going through this right now, having been laid off or quit and started their own businesses. Developers are often not prepared for the world of business.

Running a company is not the same as writing code, you deal on constant base with people and the psycology and with finance and if you have 0 luck and time to postpone difficult business decision, programmers not just aware of that, they think creating a good product is 100% gurantee of success ,but here is flash news there is no gurantee as business go up and down, what make sense a strategy and backup plans and taking and receiving favors from anyone who can help.

You were so right about #5. I personally struggle with this a lot. As a developer, I obsess about every single detail on the product side. On the other hand, I pay very less attention to the business side.

Build an MVP, that will make money and is written as quickly as possible, if it makes money you get investors, and/or other coding cofounders then you can just rebuild proprerly. Don't write high quality code for potentially a throaway MVP.

Super useful! Thank you, Jayme. You nailed it!👍

Wow, this hit me right in the heart! I’m so guilty of over engineering and rewriting a certain project over and over. Great for learning, but it’s horrible for business. Thanks for making this. Instant subscriber here!

Such valuable insights. Have to save this to watch it a few times over

This was a really valuable video. Wow. I can feel the sincerity in the message too.

you playing guitar as the outro is such a cool touch, it's like a soundtrack to reading the comments :)

Great advice; well delivered. thanks mate

This is some serious wisdom...as someone that's spent 8 months working on my own project now.

I'm amazed and thankfull for you. You videos helped me as a software developper in the past and it still is with your latest ones... Always sound advices and always on point (at least for me). Your not only delivering "content" here, definetely not. Meaningfull talks. Thank you.

Thank you for all the good tips. I've just finished the paperwork I need to get my sole proprietary business registered last week, and I'm encouraged to keep going. No product in mind yet but I want to hone in on my business strategy first.

Great work dude. Thank you

Something I see in engineering a lot is that engineers will fall back to what they know when things get hard or when they are out of their comfort zone. An engineer moving over to the manager track falling back into code-neglecting their new position, a new cto focusing on engineering tasks rather than leading or processes, or a motivated engineer starting a business yet ends up not able to get out of the engineering thought process and never releasing the product. It's hard but you gotta step back. Once in awhile and ask, are you doing what you need to at this moment to reach the goal?

Very valuable information for a programmer that wants to start a business. Thank you!

I recently just found your channel. I love your content. I think you make some very valid points about starting something on your own. New subscriber here. Looking forward to more content.

Keep up the great work! I love your videos

Great points, well balanced between positivity and realism