Coding Business

3 Tips For Starting A Successful Coding Business (2024)

Pat Walls

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Updated: January 19th, 2023

Want to start your own coding business? Here are some tips you should know:

Learn more about starting a coding business:

Where to start?

-> How much does it cost to start a coding business?
-> Pros and cons of a coding business

Need inspiration?

-> Other coding business success stories

Other resources

-> Profitability of a coding business

We've interviewed thousands of successful founders at Starter Story and asked what advice they would give to entrepreneurs who are just getting started.

Here's the best advice we discovered for starting a coding business:

#1: Tony Phillips, founder of Hack Reactor:

We chatted with with Tony, founder of Hack Reactor ($/month). In our interview, Tony says:

At Hack Reactor, we were profitable even before we opened the doors. We made our first sale without even having an office, and once we knew there were people who are willing to put down $16,000 (at the time), we knew that we had something worth building and started building more.

Additionally:

If you can't get anyone to buy your product in its MVP state, then maybe it's not the best idea. Once you've gotten your first customer, then by all means, iterate and make the thing better. Then, your sales will go through the roof.

Further:

A frequent mistake made by a lot of new entrepreneurs is that they are always fixing to build more and more- they can spend six months or even a year building stuff.