ENTREPRENEURSHIP / FEB. 11, 2015
version 6, draft 6

6 Reasons Why Developers Make Better Entrepreneurs

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The field of web and software development is wide-ranging. It’s made up of careers that span from website-building to creation of virtual products such as video games and software programs used in various industries. If you can therefore generate concepts and turn them into appealing products in the global web and software market, then you may have what it takes to try your hand in business since developers make better entrepreneurs owing to a set of skills and virtues that they possess as professionals.

1. Risk Takers

The ability to take up a project knowing that it involves a number of risks is a gift of courage that many web and software developers have. They are, for instance, regularly forced to change interface designs, software functions and real-time performance features to make their applications and websites more user-friendly. This requires the developers to keep in touch with their clients or products’ end users at all times in a bid to perfect their creations. As a developer, you can bring in the same level of passion and risk-taking capacity into the world of business and emerge a winner.

2. Problem Solvers

Web and software developers are probably big risk takers because they have excellent risk management skills. The Distributed Software – Risk Management Concept is, for instance, deployed by these developers when handling communication problems as they use the EBIOS method to eradicate online security complications. ProRisk framework, on the other hand, enables them to think up and implement contingency plans when all the original ideas fail, making them fit for business outfits which require methodological and practical solutions on a daily basis.

3. Ability to Conduct Analysis

Data analysis is an integral part of web and software developers’ job given that they have to deal with analytical stints comprising of time-series, clustering, graphs, and statistics-based analysis. Making web and software creations successful also call for the ability to use modern data storage and retrieval tools with high accuracy and visualization aspects to know how the products are performing in the market. This knowledge is valuable when it comes to running a successful business efficiently since it helps in establishing the right demographic, geographic, production and logistical approaches to be a market leader in any business.

4. Good Time Managers

Web and software development can be cumbersome for the reason that they involve handling multiple clients with different deadlines. Successful developers have consequently mastered the art of articulate time management which helps them get things done on time and deliver efficient services as business people. They also have the ability to create job frameworks that enable them to develop various software programs or websites using a single concept, bringing about their impetus to come up with the right business model in any line of trade.

5. The Creativity Equation

Web and software developers’ brains are forced on a daily basis to think outside the box, transforming them into creative problem solvers – a skill that’s invaluable within the realms of successful entrepreneurial endeavors. Developing an online real-time sports channel, for instance, presents different challenges compared to creating a tours and guide website. As a developer, you will therefore instinctively know the easiest and cheapest way to handle multiple business complications in a manner that boosts your profits and the quality of your output.

6. Collaborative Attributes

Efficient developers know that they need help from people with different exceptional sets of skills to push a groundbreaking project past the gates of success. A software developer, for instance, requires the services of a marketer or a coder to see his or her projects through, whereas a web developer needs a talented content writer to meet international site development standards. Developers can therefore deploy their collaborative virtue in business to obtain a strong web of contacts with the ability to nurture their income-generating activities and make them outstanding business icons.

As you make your entry into business as a developer, take on an entrepreneurial venture that relates to your work. As a result, you will achieve both financial and career satisfaction. Look at it as riding two horses at top-notch speed at the same time.

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