/biz/ - Business & Finance

hey /biz,

i've always wanted to start a software development company. so i studied computer science and participated in various "start up/ entrepreneur" courses in college. but the more i try to figure out how i could create a service or product to work with and how to gain customers, the more i think all those efforts will be going to fail. there are lots of companies offering software development as a service or selling a product like a crm tool on a higher level than i could offer (without an investor who gives me enough the capital to hire other 20 devs and designers). i can't find a way to start up. during my studies i gained the skills to create software products during my college time but i don't know what to build. the area i'm currently living in has not much more than a malfunctioning tourist industry. people here don't use twitter and are totally overwhelmed by the fact such a thing like facebook exists. what sounds like great opportunities is a nightmare. nobody seems to want to try out new technologies, nobody wants to digitalize their processes. there are a few companies which opperate in the dev sector but i have no clue how to get in. how can i compete with them without offering hilarious low and unrealistic prices? has somebody of you started a software company? what did you do to succeed? how did you approached potential customers? did you build a similar business? please tell me your stories and share your advice with me.