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- Nov 24, 2015
- 49
- 86
I only really have time for one other project and just wanted to get some thoughts on these two business models. Current main business is ecommerce and I'm still going hard with that business. I've always had a desire to get into self publishing (KDP, etc) and mobile app development (kids education games).
Any thoughts on these two separate business models and how they compare if you were just starting out in either? The way things are setup for me right now I really only have time to do one of these "the right way" with proper funding, man power etc.
I feel like the app dev side will be more money up front with higher potential for bust or boom. I would outsource the majority of the dev work. Whereas with KDP with a little bit of time invested with writing there's not a ton of risk involved there, but not sure how much earning potential is really there.
I believe I have identified needs in both market places just having a hard time picking one as I'll be committed to one or the other for quite awhile. With both models they violate some degree of control. KDP with Amazon, although you could use your own site to sell the ebook directly. With apps it violates control as well with relying on the app stores Apple, Google, Amazon.
Looking for thoughts on how you go about evaluating potential business models and income streams.
Any thoughts on these two separate business models and how they compare if you were just starting out in either? The way things are setup for me right now I really only have time to do one of these "the right way" with proper funding, man power etc.
I feel like the app dev side will be more money up front with higher potential for bust or boom. I would outsource the majority of the dev work. Whereas with KDP with a little bit of time invested with writing there's not a ton of risk involved there, but not sure how much earning potential is really there.
I believe I have identified needs in both market places just having a hard time picking one as I'll be committed to one or the other for quite awhile. With both models they violate some degree of control. KDP with Amazon, although you could use your own site to sell the ebook directly. With apps it violates control as well with relying on the app stores Apple, Google, Amazon.
Looking for thoughts on how you go about evaluating potential business models and income streams.
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