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cool idea, good luck with it. Could you elaborate on the 'free cash flow,' where does the money come from?
by shennyg 16y ago
cool idea, good luck with it.
Could you elaborate on the 'free cash flow,' where does the money come from?
- fnazeeri 16y agoFCF = Revenue - Apple's commission - website hosting costs. Thought is to price the app in the $5-10 per month range and target busy sales people to start. It's both a productivity tool as well as a safety thing (and can be expensed to the company). I doubt it's much, but if we push our marketing there's a potential to generate $10-20K in FCF...
- Tichy 16y agoI'd take out some insurance, too, in case accident victims decide to sue you. Maybe I am just too paranoid, though.
- fnazeeri 16y agoAgreed!
- sokoloff 16y agoI don't mean to sound negative, but if someone had the skills and inclination to "finish" your work for 50% of the net, why wouldn't they just go build it themselves for 100%? I don't think it's necessarily a bad idea, but I can't see why someone else would work on it to completion and "cut you in" for 50%?
- fnazeeri 16y agoNo, that's not negative. Perhaps that is the answer. The only thing I have to offer is about $25K of out of pocket expenses with a design/branding company coming up with specific designs, UX, branding and about a half dozen 30-second marketing videos. There is working code we have for an iPhone that does communicate with the website database, but there are quite a few things that don't yet work. I think it only makes sense for a talented programmer who is between projects and has 1 maybe 2 weeks to invest in the potential for $10-20K of upside.