I have been working for a few months of evenings and weekends on a web app. The app first and foremost scratches my own itch - but I know for sure that it fixes problems with pre-existing competition, so I know there is a potential market for it as many of the pre-existing competition are freemium products (my intention also).
For further validation, the company I work for between 9am and 5pm uses their own in-house version of my product, which is also flawed in ways which mean it is not used properly. This results is lots of confusion (resulting confusion is the cause of a team meeting last week and an upcoming team meeting next month) no doubt resulting in financial loss in terms of wasted work hours.
For these reasons I am happy that my product has a place and is worth money; but for those of you who have been in my position and done it - how confident were you in your product before you went live?
My ultimate aim financially is to make enough money to reduce my reliance on my salary for those luxury purchases that I don't make at the moment. Is there a way to know if I'm wasting my time, or does this just come with time and experience?
Thanks guys, I'd appreciate any insight!
Your contract may or may not make this ownership issue clear. The laws in your country may or may not make this ownership issue clear. However, that's all irrelevant. If anyone at the company feels that the company ought to own your product, then it gets very sticky, uncomfortable and possibly expensive.
And you really don't want to end up without job and side project.
That's my tangential advice.