Hi guys I wanted to ask a quick question. I'm currently creating a few software apps which are based on rev share and I own IP of them. I wanted to ask 1. Do you know of any rev share marketing experts for apps? If anyone is interested in rev share partnership for our apps please let me know 2. At what point do you think I should look for funding? Do I need atleast 10,000 users for a social app, and for an app with revenue atleast £20k in revenue proof etc. I'm not sure when I should be seeking funding to really accelerate the growth.
First of all the answers above are great. I say...give it away and get feed back from 1,000 users. What would they be willing to pay for the app if they had to pay? If you can't give it away, you likely cannot sell it. But, if you can demonstrate a need and more importantly a desire for the app you will probably be able to get funding. Then the more important question becomes do you want funding and how much equity are you willing to lose.
Michael T. Irvin
NoHogWashMarketing.com
"Get To The Top Without The Slop"
michaelirvin.net
Answered 10 years ago
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