The (software) economy is bigger than you think - Patio11's Law
submitted about 6 years ago by sethb
submitted about 6 years ago by sethb
- The article discusses how many software companies operate quietly in the background, making significant profits without much public attention.
- It highlights examples like Royal Cup Coffee and ConvertKit, showing how small teams can generate millions in revenue without needing large warehouses.
- Overall, the article emphasizes that the software economy is much larger and more diverse than commonly thought, with many successful businesses flying under the radar.
The example about the $100 million company that puts chopped vegetables in the grocery store hit home for me. It really makes you think how a lot of companies are making a ton of money making boring things. Like the plastic wrapping around new electronics, that's probably a huge business. The insulation around usb cables, that's probably another big business. Bic[1] makes 2 billion euros/year making basic pens and lighters. It's not glamorous, but it's huge in the grand scheme of things.
It's a good lesson to keep in mind - not every idea has to be flashy in order to be a good business. Providing value is the key.
namibia
nigeria
malawi
south africa
ghana
ivory coast