Mobile is taking the world over, the app economy is booming, and entrepreneurship has never been more popular than it is today.
According to the latest study by comScore, mobile now represents 65% of digital media time, while the desktop has become a “secondary touch point.”
The total revenues in the App Store reached $28 billion last year, while developers earned over $20 billion on app sales.Read more
More and more people are jumping on board the passive income train; believing in a mobile app’s ability to provide work-free income for years to come. It would be great if it worked that way, but many disappointed founders will tell you that it doesn’t.Read more
2,000,000 and counting.
That’s the number of apps in the iOS App Store, with thousands of similar apps overwhelming every category and subcategory.
With 65% users still relying on App Store search to install new apps, and Apple paying out developers a jaw dropping $10 billion in the past 6 months, not doing everything to get your app featured higher in search means that you are losing money hand over fist.Read more
Facebook is huge, for mobile in particular.
At the same time, there are over two million apps in the App Store.Read more
Managing a high-growth startup is a massive mental and physical drain. You’re putting every piece of yourself into creating something out of nothing.
Every day we read about overnight startup rock stars in the tech media. What they don’t show us, however, is the burn that is occurring along that growth trajectory.Read more
API’s or Application Programming Interfaces are bridges between what you want to build in your app and another service – they are the modern app building blocks. Before API’s became commonplace, we used to build every function inside an app, but now we can outsource some of the work to specialists.Read more
While bootstrapping your startup, you need to limit your spending on all fronts! Most founders either take no salary or a tiny one that allows them to eat and live. But when adding up the costs in Xero, I often see quickly that in the product development phase, it’s death by a thousand cuts.Read more
Most people associated startups with rapid growth and big fat salaries for founders. The reality couldn’t be further from the truth and sometimes comes as a shock when I describe it to clients. I’ve outlined the key points that people miss below.Read more
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