The Chronicles of Building an iPhone App
In April my partner and I started this journey of building an iPhone app that we believe will change the way that people communicate. The app is based on taking the “guesswork out of staying in touch.” It’s a great concept and we are looking forward to building it. The idea is based on an unfortunate tragedy that my partner’s family experienced with the loss of a child. Out of that tragedy came this amazing life altering concept, that I will share with you when the time is right.
Since the idea was birthed, we have worked tirelessly on educating ourselves about the app community and boy is it interesting. The cost alone was surprising. I have seen development cost go from $50-200/ hour. Crazy! In addition to the development cost, we are actively talking with designers and lawyers to educate ourselves on that process. It’s interesting reading all the articles about some of the best apps to hit the App Store and see their amazing growth. We are really excited about the process of bringing this app to market. The other challenge has been finding the money to make this all work.
It’s not cheap to build an iPhone app based on what I just explained. The legal costs, marketing, other associated fees continue to drive the price tag up. We are not fazed by the challenge and we embrace it wholeheartedly. This does not mean we have not made some missteps along the way in our haste to get it in the hands of millions of smartphone users, like reaching out to family and friends for financial support, only to discover that the JOBS Act does not allow for that to happen. Only accredited investors can invest with us. And in order for accredited investors to believe in us, we need a MVP – Minimally Viable Product. After reading hundreds of articles and speaking with developers and designers we believe that our MVP is going to cost us $20,000-$30,000. I always hear stories about people who were broke and started a business with nothing and I believe we have the same opportunity. Stay tuned!
I look forward to sharing our story with you throughout the process!