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Mobile Apps JV Group

Discussion in 'Joint Ventures' started by deki33, Jun 4, 2012.

  1. deki33

    deki33 Jr. VIP Jr. VIP Premium Member

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    Hello,

    Is there anybody interested to organize small (up to 5 of us) group and to invest all together in several mobile apps.

    Purpose of this group is to:

    - learn faster/easier mobile apps business
    - less risk of investment
    - getting bigger part of market with several apps
    - saving costs for education courses/books or services/tools
    - cross promotion inside apps

    Once we decide to continue each on his own, we can still exchange traffic and do cross promos inside apps.


    If you want to learn this business by yourself you will need to invest from $1500 for one smaller app (if you want to hire programmers).
    You will do all research yourself,
    you will find some brilliant idea (maybe brilliant only for you),
    you will spend some time to interview many developers or try several of them until you find the best one.
    Finally you could find that you app is not successful in app store and that you need new idea for new app.


    If 5 of us invest each $1500 (or more) and build 3 or 4 applications we have less risks.
    Yes, there is less profit but purpose is to learn in this first stage.
    Product barnstorming will be easier and more fun if we do it together and higher chance we will hit good/profitable app idea.
    We will faster find several programmers and test them all at once giving each project to other programmer.
    Profit from all apps we create together we will share on equal parts.
    If some app become popular and we all decide to sell it - we will split that profit also.



    I would put all energy into Apple Apps and forget Android and other platforms for now.

    Over time we can accept more partners or make from this project some paid membership forum and 5 of us can earn some extra profit from that membership. All that can be discussed over time.




    About me:

    I didn't make any app yet. I just finished reading several books and video courses.
    I'm over 10 years in Internet business and I don't think it will be a big deal to understand all parts of this business in short time. I'm PHP coder and designer, so I can contribute with some small coding work or design work for app and promotion (banners/sites). I'm also in SEO business, so you can count on me for SEO promotion of our apps.

    I'm ready to invest up to $2500 in this JV.



    How should we start:

    I would like to hear about you, your business experience and how much time you can put into this.
    From last JV I had bad experience as some members are very active (on daily bases) and others have just few hours per week. So, be clear about how many hour per day or week you can put into this group.

    If you don't want to share all this info here in public - send me PM.

    Once we have group of 5 - I will set private forum where we can continue chat and make decision about investment, ideas, etc...

    I'm not asking for any payment to me.

    All payments are for application development and marketing and will be paid directly to programmers or 3th persons once we come into that stage.
     
    • Thanks Thanks x 2
  2. Needalead

    Needalead BANNED BANNED

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    Deki,
    Cool idea. What I can bring to the table. Mobile App Marketing, I have some ideas that can be made possible. I have my time: 25-30 (if we get more popular, then more time to allot) I have my own programming team. I have the ability to create an entity that will have the ability to have offshore ownership.

    I deal with traffic generation, Lead Generation and Marketing (Paid) I feel I might be a good candidate because I bring a good discipline. I too have been miffed by people on this forum, how I was introduced.

    I am able to raise funds by writing good business proposals, grants, etc to gather the necessary players. However, I am going to say that we can't leave the other platforms alone. Too much money is being left on the table with the many phones that are out there.

    I'm definitely interested in teaming up.

    NaL
     
  3. mysteriox

    mysteriox Jr. VIP Jr. VIP

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    I have to say its a great idea. Damn i dont have 1.5k in this moment.

    Good luck with this! Maybe i can join in the near future :)
     
  4. deki33

    deki33 Jr. VIP Jr. VIP Premium Member

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    Even 1.5k is not enough I think...better think about 2.5k as that is amount you would invest if you go into this business alone
     
    Last edited: Jun 5, 2012
  5. mysteriox

    mysteriox Jr. VIP Jr. VIP

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    So why did you write 1.5k each 5 investors?
     
  6. deki33

    deki33 Jr. VIP Jr. VIP Premium Member

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    Read again my post... I said $1500 or more....and then I said I'm ready to go with $2500....
    Anyway, once we have final group we will discuss all together about investment.
     
  7. a_z_0_9

    a_z_0_9 Junior Member

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    Are you going to code apps or hire programmers? Can you explain how this 2500$ investment will be used?
     
  8. deki33

    deki33 Jr. VIP Jr. VIP Premium Member

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    Please take some time and read my post (every word, not just some)
     
  9. a_z_0_9

    a_z_0_9 Junior Member

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    I did read but i dont see any info on how this money will be used, only thing that i see that this investment is going towards is this
    -
    And you also mentioned you are a programmer and this
    -
    this raised a question for me if you plan to develop or invest in programmers.
     
  10. deki33

    deki33 Jr. VIP Jr. VIP Premium Member

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    Look on the last line of first post and you will find answer
     
  11. deki33

    deki33 Jr. VIP Jr. VIP Premium Member

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    I think I was clear, but here I will say again: we will all together brainstorm application ideas, find developers and outsource it...
     
  12. avi_31337

    avi_31337 Jr. VIP Jr. VIP

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    I'm interested ...

    I am already into apple apps. My first app hit the app store like a month back and I'm still learning new techniques to promote em ..

    PM me if you I'm in, I'll show you my app:)

    Thanks ...
     
  13. virtual.indiano

    virtual.indiano Regular Member

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    Just a small advice to you ( I am currently a part of a team which makes App and all of us are bhw members)

    * Make sure that every member has a specified task allotted. The trouble starts when someone has to multi task way to much

    * Make sure you have personal details of each and every member of your group. We had a bad experience when an idea was discussed for an app and in few hours the exact domain name for the app was taken. We had to discontinue the App and remove a few people later.

    * You will have to open a company if you want to get payments as a group or someone pays tax and then it gets distributed among members

    * If you have people in different time zones then managing meetings will be a pain in the ass. So in your selection procedure ask the time suitable for daily/ weekly meetings

    * Making app is easy compared to selling it so have some intelligent thinkers in your group.

    * Last but not the least. Don't be my competitor :D Just Kidding.

    All the best for the new team,
    Cheers!!!!
     
  14. deki33

    deki33 Jr. VIP Jr. VIP Premium Member

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    Many thanks for all this !
    So, how many of you are in that team ?
     
  15. virtual.indiano

    virtual.indiano Regular Member

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    We started with 9 people but because of some problems over the months we are now 6 of us. The smaller the team with multiple knowledge the better it is.
     
  16. deki33

    deki33 Jr. VIP Jr. VIP Premium Member

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    UPDATE:

    Ok, from your feedback I see that some are ready to invest, others are not.
    Some have experience in mob apps others are ready to learn.

    So, I'm changing offer:

    I'm just inviting all who are interested to join private chat forum and to discuss there about all possible JV deals.
    To share material and knowledge.
    Over time we will manage something.

    It's free to join, but I expect members to be active in discussion.

    Send me PM with your email and desire nickname and I will create account for you.
     
  17. deki33

    deki33 Jr. VIP Jr. VIP Premium Member

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    I was away 10 days. All of you who PMed me got accounts now.
    Accepting more members.

    There are already over 100 posts there and some excellent materials shared.