Building a Saas product as a dev firm
Something I learned recently while building our own SaaS product (https://chateverywhere.app) as a development firm. I hope this can give some insight for everyone.
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One of the advantages of being a software development firm is the opportunity to accumulate development experience. This may not sound exciting, but it is incredibly valuable. While a vast amount of knowledge is available on the internet, experience in implementing that knowledge is rare. That's why talent is the most important asset for any company.
Development firms are perfectly positioned to be at the forefront of technology while staying afloat by working for ambitious clients, such as start-ups. This allows them to build with novel technologies and gain insights.
When the firm wants to build a product of their own, they can do so quickly because they have already done it before, assuming intellectual property is not an issue.
At the end of the day, running a service business may not be the most glamorous thing out there, but it is one of the best ways to learn and experiment before taking on the world.