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  1. SethLBender
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    SethLBender New Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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    I am wanting to make an app and i was told i could outsource it to someone on upwork.

    What should i be okay with spending for the costs of app?

    Also what can i focus on learning for myself since I'm not the one coding?
     
  2. GoGetter24
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    GoGetter24 Gold Contributor Speedway Pass

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    1. 99% of apps make no money
    2. the price would depend on how complicated the project is, and which barely competent Indian guy you hire by choosing someone based on the cheapest price; as will the time & hassle it will take
     
  3. SethLBender
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    SethLBender New Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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  4. MoreValue
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    MoreValue Contributor

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    I am not a programmer, but all the programmer does it build the app.

    So that means you gotta build a wireframe flow chart what each page will look like with graphic design and image assets. Just do that first and mock up and test the idea. You don't even need a coder at this point. Use adobe illustrator or Affinity Designer and build the mock up.

    Squeeze page with mock up and test with ads.
     
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  5. GoGetter24
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    GoGetter24 Gold Contributor Speedway Pass

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    He's not a magician. There's no point targeting a business play with a 1 in 100 chance of payoff, when you can target one with a 1 in 10, or 1 in 3 payoff.
     
  6. SethLBender
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    SethLBender New Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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    Yes it may not be the most likely to succeed but the amount of people you can impact and who would value it still exists.

    The last sentence in book says it’s a possible route to take.

    What business are you referring to 1 in 10 or 1 In 3 payoff?
     

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  7. SethLBender
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    SethLBender New Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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    Have already made the wireframe @MoreValue

    Need to focus on mock-up then
     
  8. Sebastya
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    Sebastya Bronze Contributor

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  9. SparksCW
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    SparksCW Silver Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass

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    Apps are a great fastlane business, there are thousands of apps out there, a lot doing the same thing, a lot fail, some succeed. Same for any business though so don't let anyone put you off.

    I think the problem is a lot of developers know how to code, so they make apps that they think people need and want for industries they aren't involved in.

    Whereas the best apps are made by people, or fully involving people who HAVE the need and want but DON'T know how to code.

    However, because those people generally aren't coders the barrier to entry is a LOT higher as they need to outsource and take a lot more risk as they'll need to invest financially by paying developers etc.

    I'm in the final stages of creating an app which should be released at the beginning of October, I don't know how to code so it's cost me $xx,xxx however I do know that I need the software for my existing business (need), I am betting on a certain route to market being available (execution) and I have made the software work for what my industry needs, whereas most of the competition I've tried so far have completely missed the mark because they've made it for what they THINK the industry wants. There is no guarantee it'll sell, but I feel more comfortable about it than making a random app I think someone wants.

    If you have an app idea that fits a need, will solve the problem, and people want it then you should execute on it.
     
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  10. SethLBender
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    SethLBender New Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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    @SparksCW thanks for the insight and that’s great your app is about to launch!

    My idea isn’t an app that’s a game or anything anyone else is already doing so it has potential.

    I wonder if there would be a way to do crowdfunding for an app...
     
  11. LittleWolfie
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    LittleWolfie Bronze Contributor Read Millionaire Fastlane Speedway Pass

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    Kickstarter

    You could also try and barter with a developer.
     
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  12. GoGetter24
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    GoGetter24 Gold Contributor Speedway Pass

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    It's not impact or "would value" that matters. It's if they'll open their wallets, and how much money they're going to give you.

    1 in 10 is the general ballpark probability for long term business success. 1 in 3 might be the probability for an experienced businessman executing a new project in a space he's familiar with.


    Well anyway, you seem to have your heart set on making an app, so have fun. But when nothing comes from it, please don't interpret that result as "business doesn't work". For the next project, keep an eye to what people actually open their wallets for, and payoff probabilities. Learn as much as you can from this project, because knowledge and re-evaluation increases the chance of the next one being a winner.
     
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  13. TreyAllDay
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    TreyAllDay Whatever it takes Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    I can tell you two things -

    Good News:
    First, apps and software have huge benefits compared to other business models including a lower barrier to entry and fast scale. Everyone will try to tell you that it's a convoluted market, but it completely depends on what your product is and how to roll it out. There's a way to fastlane in the software business.

    Bad News:
    If you are trying to do it on a budget and you don't have a technical advisor - having applications built by contractors, especially ones from India (which is what upwork mostly is), can be a huge mistake. I'm watching a buddy go through it now for a highly technical app and it's just a huge nightmare. These contractors don't understand what you want, and to explain it to them without knowing a bit about the technical side is a nightmare. I also think once the app is built, you NEED to have the budget or the people to manage it because nothing is perfect on it's first iteration. I think in order to take advantage of the benefits of software businesses at a low budget, you need to be a coder yourself and be able to bootstrap it. It's not THAT hard to learn.
     
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  14. BrooklynHustle
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    BrooklynHustle Gold Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Hey Seth, the acceptable cost of every app is going to be different depending on the level of complexity. I would aim to keep things as simple and inexpensive as possible initially... really limit your scope to solving the number 1 problem of your target user/customer.

    In terms of learning, you may find my new thread/book on app entrepreneurship helpful:

    Book - DOWNLOAD FREE: The 7 Steps to App Success

    Best of luck!
     
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  15. SethLBender
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    SethLBender New Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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  16. Ninjakid
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    Ninjakid Platinum Contributor Speedway Pass

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    $10K+ Any figure less than that, the person coding doesn't know what they're doing.

    Or you can grind it out and earn to code yourself.

    You might spend all that money or time coding, and your app might tank.

    This is why not everyone gets into apps.
     
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  17. eTox
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    eTox Toxic WASTE Read Millionaire Fastlane Speedway Pass

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    I would not recommend going into the app business unless you want to stick with this industry for a very very long time. It would take a lot of time and a lot more effort just to be able to create anything worthwhile. It would take even more time to learn how to properly market. And at the end, all of the above will result in years of struggle and not even tens of thousands but closer to a hundred thousand dollars of debt. After that, there is absolutely no guarantee that you will make it.

    Also, being able to create something that solves a real problem and stand out will absolutely require you hiring and outsourcing. You can never learn all things, and projects that are worthy of doing and those that have real potential look simple on the outside but require immense effort and skill on the inside.
     
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  18. SethLBender
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    SethLBender New Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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    I understand that apps are not easy and many have tried and failed.

    I’m looking to practice executing something people will use or buy such as an internet type business.

    Maybe someone can throw out an example of internet business someone on here has done in the last year or so with minimal experience and funding....

    (No amazon selling or anything like that)
     
  19. George Appiah
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    George Appiah Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    This.

    If you have to ask questions like how much does it cost and what should you be learning, it means you don't have a clue about this industry at all and haven't done your basic homework.

    I don't think people are saying you should necessarily pursue easy business ideas.

    Perhaps if you had elaborated on your app idea a little bit, what industry or specific problems you're trying to solve with your app, and what steps you've taken already, you might have been perceived differently.

    But your question came off as a complete newbie who just wants to make an "app" because you've read someone made millions from an app -- without even knowing what app you want to make (because asking strangers how much you should be paying has an obvious answer: it depends.)

    Maybe you should read UNSCRIPTED one more time.

    You want to focus on what problem out there you're uniquely possitioned to solve, instead of asking complete strangers for business ideas you should go into.

    Godspeed in your Fastlane adventure!
     
    Last edited: Oct 5, 2018
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  20. LittleWolfie
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    LittleWolfie Bronze Contributor Read Millionaire Fastlane Speedway Pass

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    Is 40k over four years minimal? This thread might help. The guy used credit cards and loans from dad as well as living in a van to keep expenses down.

    EXECUTION - Built 100k business in 5 months. Now stuck.

    Also do you actually need an app or do you want an internet protocol because they are not the same thing and have different prices.
     
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  21. SethLBender
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    SethLBender New Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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    Yeah I’m probably going to read unscripted another time as I read TMF and unscripted back to back basically.

    I am a newbie no shame in that I’m not here to pretend. I have done wire frame for the idea.

    I’m not by any means asking for business ideas lol I was just asking for an example.

    Just like MJ mentions in his book just because he learned how to code that might not be right for everyone to learn to do.

    I know I’ll have to work although learning to code may not be wise for me.... my strengths will likely be better and more efficient in other areas.
     
  22. LittleWolfie
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    LittleWolfie Bronze Contributor Read Millionaire Fastlane Speedway Pass

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    I agree, if your fantastic at making sales, and terrible at coding then paying someone instead can be worthwhile(although I think you should learn the basics at least)
     
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  23. George Appiah
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    George Appiah Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    I understand and agree with what both of you are saying.

    But even then, I'd spend a little time to learn a thing or two about the entire app ecosystem, including the technical stack. This should help me to:
    1. Know how to differentiate good developers from the whacky ones
    2. Know how to communicate better with my developers
    3. Get value for money (or avoid getting scammed by unscrupulous developers)
    4. Be able to ask good, insightful questions likely to get quality answers from experts
    About two months ago, I responded to a call for help on the official WordPress job board. This person had "many problems" with his newly delivered website, but the developer insisted the problem could not be solved. When I went in, I discovered the entire site... built in 2018... was built with flash. No, I don't mean there was a flash banner. I mean the entire damn thing was a flash animation. Go figure!

    Sometimes when I'm communicating with local small business owners, I feel like this poor fellow:

     
    Last edited: Oct 6, 2018
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  24. LittleWolfie
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    LittleWolfie Bronze Contributor Read Millionaire Fastlane Speedway Pass

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  25. SethLBender
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    SethLBender New Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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    I have a technical person I trust who can help me with some of the work.

    I strongly agree with communication being as specific as possible.

    Again I know apps are maybe in some people’s minds outdated or maybe a website first could be another path to take.

    I just don’t want to be the person that bounces from one idea to the next without really getting much traction on anything yet I want to be efficient with time.
     

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