How to start a successful Mobile App Business

Why do people start a small business? Some people want to spend time with their family, some want to be outside all day dealing with co-workers, traffic, meetings. Some hate working under the boss and answering their questions. Not all tech startup founder is a developer. And eventually, they don’t need to be. As an entrepreneur, you would have been doing more than programming. You have to deal with Marketing, service validation, engagement and retention of customers, managing accounts and finances, customer services and much more.

The Growth of Mobile computing technologies such as cloud computing helped in bringing a high tech leadership in creating Mobile applications.  Few Products and companies make it, but listening to the characteristics of most successful and developed tech companies will be a good way for making your startup ideas into a great company. The app industry is highly competitive one. A successful Mobile app will give more pride for its developers and creators.

Startup app Business success, Risk, and Rewards

Apps are the very large profit centers. According to AAPL Report by Apple that around $10 billion people spend in its app store. Today there are thousands of app developers around the world working independently, with startup business or with large enterprises working to come up with next booming thing. The competition among the mobile app world is so aggressive. Some apps have made their owners as multi-millionaires, and the majority of developers failed in it. Less than one percent of apps will get financial success among millions of apps.

There are top three factors that need be considered before building a product that is capable of generating revenue.

• The right timing
• The right Market
• The right Place

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