eCommerce Tycoon

**victorantos** · 01-10-2010, 10:03 AM

Hi,

I want to build a great web application and make money.
I think I should approach companies that have money and problems.I must find a good problem to solve for companies(maybe from fortune 5000) or people.

Could you please advice me where exactly to find this list of problems that I can address?
Or do you know any of this problems?

thank you!

**gistek** · 01-10-2010, 02:36 PM

Your guess is probably as good as anyone else's.

One thing to realize about approaching big companies, if you don't have a portfolio to show your expertise in solving a particular type of problem, you probably won't get the job.

My son works for a company that creates databases. For the first few years almost all their clients were limited resource non-profit organizations. Only in the last year or so have they built their reputation high enough to be able to attract higher budget clientele.

Also keep in mind that you might be able to make a lot of money by selling many copies of something at a low price. Or by offering a subscription service for access to help with applications you are an expert in. There are probably people who would pay a little to have you troubleshoot open source code problems.

For instance I gave up on osCommerce because I couldn't find a way to get it to recognize my download directory. I can't afford to pay much, but would consider investing in someone editing my php and sending me the corrected files.

**CorMom** · 03-01-2010, 02:27 PM

I think you need to start out with what you know and small. After a while your reputation and your portfolio as the above poster mentioned will grow. Allow yourself time to learn, eventually you will see a common problem with most companies that you will have the expertise to solve.

I think for the most part what eats a companies money up is how employees use their time effectively and how they view the company.

Other ways is that they tend to stick to their trusted companies they buy products from like inventory products. If they are needing more money they can always negotiate new contracts with them or find other companies. Maybe you can get involved in their inventory needs?

I am not sure what business you are interested in but the two company money eaters I listed are found in most if not all companies.

**Sierra Charlie** · 03-19-2010, 04:22 AM

One thing that worked for me is being thoroughly analytical. When you look at how companies/individuals/organizations work and if you have enough domain expertise, you tend to identify problems.

If you have the ability to develop concepts based on those problems and sell them to masses, then you are through. Sometimes it so mundane that people don't really know that they need it. Take for example twitter. Who thought that micro blogging can get this big?