6. Create products that generate income : Developers may be working on client projects for long time to achieve modular way of codes by using tools and techniques known to them. Many software developers are creating assets in the web, which generate recurring income.

So if you have enough talent select your own project after a market survey. Develop the software and sell in through web.

7. Delegate effectively : We all want to work less and earn more. Here's one of the greatest secrets of time management: successful delegation. Train your staff to perform low-payoff activities in a satisfactory way. Delegate such works to your subordinates.

8. Focus on client service : Build a long lasting relationship with the customer by delivering a quality project while meeting the deadline. A customer is hesitant to wait for a service even though the product/service is of superior quality. The timely delivery of the product will boost your business status.

9. Take time to wander the Web : Wander the web by following more and more links. It will relax your mind and enrich your knowledge. No one is an expert, so one has to read more. The best knowledge resource is the internet, if you can filter out the unwanted.

10. Right procedures : For every simple work, there should be a standard written procedure to follow. With right procedures, work can be done efficiently with minimum delay. Right working procedures reduce the chance of errors and increases your ability to think beyond the routine.