Tim Ferriss on how to build an app empire: Can You Create The Next Instagram?
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Tim Ferriss on how to build an app empire: Can You Create The Next Instagram?
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Re: Tim Ferriss on how to build an app empire: Can You Create The Next Instagram?
#2His prescription is:
* Look for "market trends" (As opposed to building things you know about and understand, and focusing on great products)
* Treat "your programmer" like a house builder you'd contract with
* Pay rock-bottom prices
* Make everyone sign an NDA so they don't "steal" your brilliant idea
Ugh. I hope this gold rush ends soon.
Re: Tim Ferriss on how to build an app empire: Can You Create The Next Instagram?
#3Re: Tim Ferriss on how to build an app empire: Can You Create The Next Instagram?
#4I don't know how Ferriss successfully appointed himself some kind of tech guru, but he seems to have convinced people he deserves this pulpit where he doles out tech advice. People take him seriously, which is fascinating.
Re: Tim Ferriss on how to build an app empire: Can You Create The Next Instagram?
#5The only reason Tim Ferriss posted it is to play on the proverbial "market trend" of hawking self-help books to wannabe techies after the announcement of the Instagram deal.
What a joke.
Re: Tim Ferriss on how to build an app empire: Can You Create The Next Instagram?
#6The main flaw with this piece, is that the person who wrote it was doing this 2 years ago. What worked then to produce a lot of money may not do so for new entrants now. The big thing should be to figure out what will create those returns 2 years from now and do that.
I can also guarantee that no-one is going to expose their "muse" if it is actually making a lot of money. Why kill the goose that laid the golden egg?
Re: Tim Ferriss on how to build an app empire: Can You Create The Next Instagram?
#7Tim Ferriss' blog post is absolutely ludicrous. He is clearly playing on the dreams of dupes who want fast money with little effort or skill involved in the process. The only reason Tim Ferriss posted it is to play on the proverbial "market trend" of hawking self-help books to wannabe techies after the announcement of the Instagram deal. What a joke.
Re: Tim Ferriss on how to build an app empire: Can You Create The Next Instagram?
#8Now, if I were interested in how to make a lot of money by conning gullible people into thinking they can work four hours a week and be millionaires, he'd be my go-to guy.
Re: Tim Ferriss on how to build an app empire: Can You Create The Next Instagram?
#9Re: Tim Ferriss on how to build an app empire: Can You Create The Next Instagram?
#10While I think there is plenty of room left in the App Store for innovative, well-polished apps (e.g. Paper's recent success), you're not going to be making any money selling this crap in a sea of 5,000 other clones.