Question: Is My App Idea Good?

Can creating an app make you rich?

Apps can be a huge source of profits.

Even though some apps have made millionaires out of their creators, most app developers do not strike it rich, and the chances of making it big are depressingly small..

How do I sell an app idea?

How to Sell an App Idea to a CompanyPut Your App Idea on the Paper. … Do the research and analyze information: Know your market and your users. … Create a Business Concept. … Develop Your App. … Launch and Grow Your App. … Find potential investors and pitch them.

How do I know if my app idea is good?

If you don’t already have a problem in mind, then try one of the tactics below to get your ideas flowing.Browse through apps in the App Store. … Take time off. … Study outside of the App Store. … Attend meetups and hackathons. … Look at what’s getting funded. … Identify and analyze existing apps. … Check the keywords. … Ask potential users.More items…

How do I bring an app idea to life?

10 Key Steps to Turn Your Mobile App Idea Into RealityStep 1: Write Down Your Feature List. … Step 2: Do the Market Research. … Step 3: Identify the Users/Audience. … Step 4: Identify the Monetization Strategy. … Step 5: Create a Rough Sketch/Wireframe. … Step 6: Approach Local Mobile App Developers and Get Estimates. … Step 7: Complete the UI/UX. … Step 8: Get the App Developed and Tested.More items…•

Where do I start with an app idea?

4 Steps to Develop Your App IdeaResearch Your Idea. The first thing you want to do with your idea is to research it. … Create a Storyboard (AKA Wireframe) Now it’s time to put your idea down on paper and develop a storyboard (or wireframe). … Get Feedback. Once you get your wireframe done, get honest feedback from potential users. … Develop a Business Plan.

How can I legally protect an app idea?

How to Protect Your App Idea6 Steps to Take to Protect Your App Idea From Being Copied.Step 1: Begin the Copyright Process. … Step 2: Sign an NDA. … Step 3: Look into Outsourcing. … Step 4: Reserve Your App’s Name. … Step 5: Trademark the App’s Name and Logo. … Step 6: Document Everything. … Don’t Let Your Idea Get Stolen.More items…•

How do you pitch an idea without it being stolen?

5 ways to protect your idea during a business pitchKeep your idea secret before the pitch. … Be careful selecting companies to pitch to. … Reveal only what you must and nothing more. … Create and document an extensive paper trail. … Think about confidentiality.

How much is an app idea worth?

Because there are so many different variables, the price for a mobile app could range anywhere from $5,000 to $500,000. The average price range will typically be somewhere between $100,000 and $300,000, and the entire development process takes about 12-20 weeks.

What are some good app ideas?

20+ Best Mobile App Ideas to Create in 2020Virtual Interior Design. AR technologies are already developed enough to use them as a basis for great products created for various areas. … Book Reviews and Recommendations. … Virtual Jewelry Try-On. … Application for Elderly People. … Barter Exchange App. … Interactive Contact List. … Wish Store. … Community of interest.More items…•

Can an app developer steal your idea?

In fact, your mobile app idea can be nicked by anyone who gets the slightest idea about it including your business consultants, developers working on your project and of course, by your competitors if the word gets to them. … Well, many app entrepreneurs have learned the hard way; you don’t have to be one of them.

How can I legally protect my idea?

How to legally protect a business ideaConduct an intellectual property audit. Begin by creating a list of your various types of intellectual property, including anything that makes your business different from its competitors. … Beware of early publicity. … Confidentiality and employment agreements. … Patent, trademarks, designs and copyright.

Is it expensive to make an app?

If you’re going to develop a native app, you need to be prepared to spend closer to $100,000 as opposed to $10,000. … Native apps are expensive. On the other hand, hybrid apps are much less expensive to develop. Hybrid apps also allow you to launch on both Android and Apple platforms simultaneously.