Archive for October, 2013

3 Things To Consider When Starting Your Internet Business or Next $1,000,000 App

Monday, October 7th, 2013

1. Lets Build The Next Big Apple App..

There are many people who start of developing apps and programs, websites in the hope that it will be the next big thing. Truth is, if there were a 100 apps, only the top 10% would do extremely well, the rest would simply die a natural death. The ability to market a product is more important then the product itself. If the app developer has a internet marketing partner who understands how to generate traffic to an app at minimal cost and quickly produce an ROI, then not only will the app gain subscribers and traction, the business model is able to fund itself from the start. I seen many app developers whose projects simply die midway through the development process simply because they had no way to garner enough subscribers for the apps to gain critical mass, or too much money is burned in the marketing phase of their app simply because the "marketer" is not experienced enough to produce an ROI for small start up apps.

Then there are small app developers that develop simple helpful apps and with the right traffic generation skills and monetisation, are able to earn $10,000 to $20,000 a month just arbitraging traffic. (Buy traffic to your site for cheap then sell it for a profit to advertisers who advertise on your site)

2. Insufficient Cashflow

Any millionaire knows that the best way to make money is to have a cashflow turnover where money makes money. In the business of Internet Marketing, you can turn $100 into $1000, thats $900 profit a day. Property agents I've trained have gone on to earn $200,000 to $500,000 a year, with an investment of $100,000 into advertising. Convert $100,000 into credit card points, and thats $1000s of dollars in 5 star massages one can visit all year long for free.

Starting with as little as $10,000, this investment can turn into a $1,000,000 in 3-7 years.

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