In the next few issues, we'll be examining business startup ideas that ANYONE can do. We'll be breaking it down into easy steps that you can get started with. However, clearly, all the information can't be provided in a brief article, so we've got special issues that will be solely focused on each lifestyle business startup idea. So look out for our Lifestyle Business Startup Special Issues.
So you want to become an app millionaire? Kick back on the beach whilst your new app sells millions? Well, it's a nice dream, but unfortunately, most apps do not make anywhere near this amount. Most apps struggle to get a few downloads a day, even when they are given away for free.
Low cost, short development time approach that will allow you to test your ideas without investing huge amounts of cash
Although the title of this article hints at the possibility of scoring it big with apps, the best strategy is to pursue a more moderate and patient approach that extends over a number of years.
Strategy
The strategy outlined here is a low-cost, short development time approach that will allow you to test your ideas without investing huge amounts and also allow you to see results within 90 days of starting.
Although some developers will spend hundreds of thousands, even millions to create their apps, this is not a viable strategy for small startups. You should be able to create and launch an app with just a couple of thousand dollars and most likely much less. A good and valuable app doesn't need to cost a lot to create.
Deciding on the type of app you will create determines a whole host of other factors down the line.
KEY TIP: Investing a LOW amount in the initial launch is critical for you to reach profitability quickly.
Step 1: Deciding The Kind Of App You'll Be Creating
This stage of the process is absolutely key. Deciding on the type of app you will create determines a whole host of other factors down the line.
Are you making a service-based app, game, news, music, children's app or other? The stats show that the most popular apps are games.
Some very simple apps have been extremely successful, from silly soundboard apps that just play different sounds when you press a button, to simple quiz games and or utilities.
You are not trying to make the next Angry Birds or Instagram. You are creating a lifestyle business that will provide you with a healthy income.
The choice of the kind of app will have important implications. For example:
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