App Startup

Random Hero

Random Hero

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Does anyone here work or know of a company that Develops Apps.

I have an Idea of which I have been working on since 2015 I already created a business plan, marketing plan, brand identity, route to market, contracts, everything from a business perspective

All i need is someone who can write the application and partner up with me.
 
I think you should add budget and estimated size (just ballpark).
 
Johnatan56 said:
I think you should add budget and estimated size (just ballpark).
Click to expand...

It's difficult to give a valuation to the company at this stage but I can give a projection of possible profits if the targets which are reachable is attained.

I have 6 different pricing structures ranging from conservative to aggressive.

If 1000 individuals use the app for a year profits can range from R5,184,000 to R12,529,000
 
Random Hero said:
Thing is that I do not have money, I can only offer equity.
Click to expand...
Best of luck with that, many people have good ideas, but ideas don't pay for themselves...most (think 99%) developers won't be interested in working for free.
Have you tried to acquire funding through other means?
 
Idiosyncratic said:
Best of luck with that, many people have good ideas, but ideas don't pay for themselves...most (think 99%) developers won't be interested in working for free.
Have you tried to acquire funding through other means?
Click to expand...

I have been thinking of pitching at InnovationHUB it Pretoria. I will still need a Developer to work with me though.
 
Random Hero said:
Thing is that I do not have money, I can only offer equity.
Click to expand...

That means all the risk is on the developer. That's not going to fly. You'll have to make a plan, use your credit card, overdraft, friends or family. I have no idea how much work it is but R10k only gets you a working prototype.
 
I'll take it on. I've built Android and iOS apps, from ground up, with full-on responsive layouts and complex backends with near-real time interaction.

I'll work with you for 80% equity. And that is a cheap offer.
 
scudsucker said:
I'll take it on. I've built Android and iOS apps, from ground up, with full-on responsive layouts and complex backends with near-real time interaction.

I'll work with you for 80% equity. And that is a cheap offer.
Click to expand...

I doubt anyone would be willing or stupid enough to give away 80% of their business in a situation like this. I think it would be best to cough up the cash (somehow) and get someone to build.
 
ziiyo said:
I doubt anyone would be willing or stupid enough to give away 80% of their business in a situation like this. I think it would be best to cough up the cash (somehow) and get someone to build.
Click to expand...
80% is reasonable under the circumstances. The idea in itself has no intrinsic value, and he needs funding to back the idea. If he doesn't have it, then he has to contribute in terms of planning, handling the intricacies of the product, and other functions which a someone with no dev background can do (think sales, marketing etc).

I agree in that I personally wouldn't give 80% away, but it's not unreasonable.
 
Random Hero said:
Thing is that I do not have money, I can only offer equity.
Click to expand...

The reality here is that you need to raise around R30k to build an MVP.

That, or you roll your sleeves up and get coding, it's not that hard. Many people have a mental block that perpetuates the idea that they cannot code, in reality the tools are so sophisticated today that even an average intellect with some determination can put together a scrappy app.

Once you have that you are in a better place to seek funding and/or learn how your idea will actually work.

BTW: your income estimates are wildly naïve. I can guarantee you that without an MVP in users hands you will have literally zero idea how this app will work or what it's worth.
 
Random Hero said:
Does anyone here work or know of a company that Develops Apps.

I have an Idea of which I have been working on since 2015 I already created a business plan, marketing plan, brand identity, route to market, contracts, everything from a business perspective

All i need is someone who can write the application and partner up with me.
Click to expand...

You still going this route?
 
Happy to get involved and help out technically etc.. send me a PM and lets chat.
 
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