- Joined
- Dec 6, 2014
- Messages
- 95
Rep Bank
$705
$705
User Power: 164%
Hey!
So I've recently decided to work on another project that is based around a mobile application. I've had interest from a few Premier League clubs over here in England as well as shopping centres like Westfield which sort of validated the idea for me.
I've got a degree in Comp Sci so I know what I'm doing when it comes to the application although I physically couldn't code the thing myself. The problem is every single developer seems to want a ridiculous amount of money. I was quoted £150K+ for something that should cost a fraction of that. All my previous businesses have been finance related so this is something new for me. My previous business didn't rely on technology as much and so a basic website was fine however for this business, the mobile app is key.
I'm torn between hiring a full time developer or just biting the bullet until I find a decent firm to build my application. What do you guys think? What have your experiences been like with hiring a firm? Or maybe you went down another route?
The dream scenario would be to find a co-founder who could develop the application, give him a % of the business and pay him something so he can at least survive while working on the application but I'm yet to meet an individual with the skills required.
So I've recently decided to work on another project that is based around a mobile application. I've had interest from a few Premier League clubs over here in England as well as shopping centres like Westfield which sort of validated the idea for me.
I've got a degree in Comp Sci so I know what I'm doing when it comes to the application although I physically couldn't code the thing myself. The problem is every single developer seems to want a ridiculous amount of money. I was quoted £150K+ for something that should cost a fraction of that. All my previous businesses have been finance related so this is something new for me. My previous business didn't rely on technology as much and so a basic website was fine however for this business, the mobile app is key.
I'm torn between hiring a full time developer or just biting the bullet until I find a decent firm to build my application. What do you guys think? What have your experiences been like with hiring a firm? Or maybe you went down another route?
The dream scenario would be to find a co-founder who could develop the application, give him a % of the business and pay him something so he can at least survive while working on the application but I'm yet to meet an individual with the skills required.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
