A Joosr Guide to... How to Build a Billion Dollar App by George Berkowski

By Joosr

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We live in an app-dominated world: for everything you want to do, it's likely there's an app that will allow you to do it. Unsurprisingly, businesses everywhere are taking advantage of the current popularity of apps by developing their own. But what differentiates the most successful apps from the others? And how do you turn an idea into a billion-dollar business?

How to Build a Billion Dollar App takes a look at some of the major landmarks that almost every billion-dollar app business will hit at one time or another on their journey to the top. Once you hit on an idea that has true potential, understand how to choose an effective business model, and learn how to draw in users and investors, there's nothing to stop you from reaching billion-dollar success.

You will learn:

· Which business model is best for your app

· How to evaluate the potential of your idea based on "human universals"

· How to attract users-and how to keep them coming back for more.

• Language: English
• Publisher: Joosr
• Release date: Nov 14, 2016
• ISBN: 9781785675164

Book preview

takeaways

What’s it about?

The app industry is booming right now, the products it generates coming in all shapes, sizes, and levels of profit. Though there are countless companies who have managed to make a modest success out of their app business, only a select few make it on a billion-dollar level. But it’s not simply luck that determines who makes it into the billion-dollar club. Rather, it’s laser focus and a dedicated strategy that makes certain apps (and the companies responsible for them) stand far above those that achieve only moderate success.

There is no perfect formula for creating a billion-dollar app, because every company who has succeeded in this has taken its own unique route to the top. However, there are some key strategies common to the thriving tech businesses that own these popular apps. By observing these and employing them in your own app venture, you greatly increase your chances of it turning into a money-making sensation.

Billion-dollar success doesn’t happen in a day, a year, or even a few years; in fact, you can expect it to take at least seven years—from coming up with a great idea, to turning it into an app that you can perfect over time, choosing the most effective business model, building the right team, attracting and