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7 Keys To A Winning Business As A Phone App Developer

Startup Professionals Musings

One of the quickest ways to become an entrepreneur these days is to develop and publish a smartphone app. According to Tim Cook at Apple, there are over 34 million registered developers in 2022. Yet according to other statistics, vanishing few of these ever generate a significant profit. Build your own marketplace platform.

Develop 138
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7 Lessons For Mobile App Developers To Beat The Odds

Startup Professionals Musings

One of the quickest ways to become an entrepreneur these days is to develop and publish a smartphone app. According to Tim Cook at Apple, there were over 20 million registered developers in 2018. Yet according to other statistics, vanishing few of these ever generate a significant profit. Build your own marketplace platform.

Mobile 126
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5 Tips For Attracting Female Customers

Tech.Co

Natalie Kaminski, CEO and cofounder of goBaby.co , an on-demand rental marketplace for baby gear that helps reduce stress of traveling with little kids, is hyper-focused on gaining the trust of mothers. “Focusing on emotion is key when communicating with female customers. Connect With Your Customers.

Tips 71
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4 Key Components Of Every New Business Financial Plan

Startup Professionals Musings

External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping. Projecting financials is a natural extension of the homework every entrepreneur needs to do on customer opportunity size, product costs, pricing, competition and customer value. Calculate investment amounts and timing.

Startup 116
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6 Initiatives To Prep Your Startup For The Road Ahead

Startup Professionals Musings

How good are you and everyone on your team at proactively scanning the environment for opportunities, emerging trends, and customer feedback? Imbue customer change focus. Provide direct customer contact to everyone, as well as training. If your people and your startup do not change, statistics say you won’t survive.

Startup 116
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4 Simple Steps Will Get Startup Financial Projections

Startup Professionals Musings

External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping. You need 5 percent or more of revenue for marketing, maybe more for ongoing development, and people costs will double as you add benefits, insurance, training, IT and new processes. Calculate investment amounts and timing.

Startup 147
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6 New Venture Ending Alternatives You May Contemplate

Startup Professionals Musings

The resulting entity will gain complementary skills, economies of scale, new customer sets, and hopefully a larger growth opportunity. According to National Venture Capital Association statistics , only 16% of venture-backed startups recently used this alternative, due to high liability concerns, demanding shareholders, and high costs.