I was reading about a person who started a business in healthcare space: building software for doctor’s practices. They charge more around $600 a month PER DOCTOR in that practice. That’s crazy amount of money coming in every month. And they’re considered a cheaper option! There’s no way they aren’t profitable immediately.
That said, if I try looking for profitable industries where I can build a business and also charge enough to make it profitable, there’s nothing left. Nothing that doesn’t already have over 100 options that I cannot compete with at least.
So what’s your thought process/strategy to look for industries where there is a good opportunity to both start a business AND be sufficiently profitable?
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