How I’d Start a $100k/Month Software Business From Scratch in 2025

Introduction

This tutorial is designed to guide aspiring software entrepreneurs through the essential steps to build a successful software business generating $100k per month. Based on insights from a YouTube video by Bgo, a seasoned developer and entrepreneur, this guide covers self-assessment, choosing the right business model, acquiring clients, and continuous improvement strategies.

Step 1: Conduct a Self-Assessment

Before diving into business, evaluate your skills and resources.

• Identify your technical skills and how they can be leveraged.
• Assess your passion and interest areas within software development.
• Determine your current financial situation and how much you can invest.

Step 2: Shift Your Mindset

Adopting the right mindset is crucial for success.

• Embrace a growth mindset; be open to learning and adapting.
• Understand that failure is part of the journey, and learn from setbacks.
• Visualize your goals and maintain focus on long-term success.

Step 3: Establish a Financial Cushion

Having a financial buffer can alleviate stress during the startup phase.

• Calculate your living expenses to determine how much savings you need.
• Aim for at least 3 to 6 months of living expenses as a cushion.
• Consider part-time work or freelancing to support yourself while building your business.

Step 4: Create a 3-6-9 Year Outlook

Plan your business trajectory over the next few years.

• Set short-term (1 year), medium-term (3 years), and long-term (6-9 years) goals.
• Identify key milestones to measure progress.
• Revisit and adjust your plan regularly based on outcomes and market changes.

Step 5: Leverage Your Unique Advantages

Recognize what makes you and your idea stand out.

• Analyze your unique skills, experiences, and insights.
• Use these advantages to differentiate your business in the market.
• Consider niche markets where competition may be less intense.

Step 6: Choose a Business Model

Selecting the right business model is critical for sustainability.

• Understand the concept of the SaaS curse and how it can impact profitability.
• Explore various business models:
  • Subscription-based
  • One-time purchase
  • Freemium models
• Evaluate market demand to ensure your model aligns with customer needs.

Step 7: Develop a Minimum Viable Product (MVP)

Create an MVP to test your concept with minimal resources.

• Define the core features necessary to solve a problem for your target audience.
• Build the MVP quickly to gather feedback.
• Use prototyping tools to reduce development time.

Step 8: Acquire Your First Clients

Building a client base is essential for revenue.

• Leverage your existing network to find initial clients.
• Offer value through free resources or consultations to establish credibility.
• Explore strategic partnerships to expand your reach.

Step 9: Implement Continuous Improvement

Focus on refining your product and processes.

• Establish customer feedback loops to understand user needs.
• Optimize your development process for efficiency.
• Invest in skill enhancement and stay updated with industry trends.

Conclusion

Building a $100k/month software business from scratch requires careful planning, a strong mindset, and continuous improvement. By following these steps—conducting a self-assessment, choosing the right business model, acquiring clients, and embracing a culture of growth—you can turn your software development skills into a thriving business. Take the next step by implementing these strategies and continuously refining your approach as you grow.