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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. Look for value points to control.

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. Look for value points to control.

Mobile 126
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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. 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 116
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6 Initiatives To Prep Your Startup For The Road Ahead

Startup Professionals Musings

Failure rates this high demand a new mindset and startups are the logical place for this to happen. For starters, the whole team needs to be constantly trained and encouraged to develop their skills. If your people and your startup do not change, statistics say you won’t survive. In summary, change will happen.

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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Keep A Real Job Until Your New Venture Shows Traction

Startup Professionals Musings

On the other hand, many investors, including billionaire entrepreneur and "Shark Tank" co-host Mark Cuban, essentially demand an all-in early approach as a pre-requisite to funding, making it clear that a total commitment is expected if you want outside money. And investors are hard to find in these years.

Startup 153
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6 Keys To Making Timely Changes To Save Your Business

Startup Professionals Musings

Failure rates this high demand a new mindset and startups are the logical place for this to happen. For starters, the whole team needs to be constantly trained and encouraged to develop their skills. If your people and your startup do not change, statistics say you won’t survive. In summary, change will happen.

Startup 94