From startup conferences and TED Talks to Twitter memes and TikToks, entrepreneurs are looking for an answer to the question “I have an idea for an app, now what?” everywhere. By Andrii Bas.
Founders who have failed previously have a 20% chance of success while 1st-time founders have an 18% chance of success.
Source: 106 Must-Know Startup Statistics for 2024 embroker.com
This article then describes:
- I have an app idea: 1st-time founder vs 2nd-time founder
- What to do with an app idea: Guide for 1st-time founders
- Do the discovery
- Get the first LOI/ Early bird customers/ Pre-payment
- Gather the team
- Create a list of short-term and long-term goals
- Build MVP. Test MVP. Iterate
- Join startup accelerators/incubators
- Improve and Scale
- How to develop an app idea: In-house vs outsourcing
- App development cost by region
It all often starts with “I have an idea for an app. Yey!” but things become complicated when it comes to how to get an app idea developed. Especially if it’s your first time developing a product. Many questions arise, and you can spend days not knowing what to do next. Nice one!
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