In order to create a profitable application, we need to not think of "If you build it they will come," cause that only brings ghosts. If we want to drive traffic, we need to build a business which is showcased by an app.
Things we need:
Steps to get catalog.
1) We can get online and start downloading and organizing catalog.
2) We can pay someone to do that (Might actually be harder this way)
Steps to get simple account set up and catalog in downloadable format.
1) Do it so it kind of works.
2) Pay someone to do it right.
Profit Plan:
-$5/month x 1,000 users = $60k / year
-$10/month x 5,000 users = $600k / year
Expenses
Development: $1,000 - $5,000
Marketing: $1,000 - $5,000
Sweet Name: Orthopedic Implant Guide (I know, not very sweet)
Investor:
To create an investor proposal we can have mockup photos that show how the application will function. We will give a detailed demographics report of end-user market. We will outline projected income and provide a rate of repayment for investor. (Investor gives 10k, expenses are 5k, income is 60k, investor gets 20k, we get 50k)
http://www.orthopaediclist.com/
Things we need:
- Organized catalog of implants; hierarchy (Body Part > Stem Type > cemented? > Other specific feature > brand / part number
- Membership Login & Automatic Payment Processor
- Profit plan
- Sweet name
- Investor: seed funding 5-10k; expansion funding 20k; buyout $1m
Steps to get catalog.
1) We can get online and start downloading and organizing catalog.
2) We can pay someone to do that (Might actually be harder this way)
Steps to get simple account set up and catalog in downloadable format.
1) Do it so it kind of works.
2) Pay someone to do it right.
Profit Plan:
-$5/month x 1,000 users = $60k / year
-$10/month x 5,000 users = $600k / year
Expenses
Development: $1,000 - $5,000
Marketing: $1,000 - $5,000
Sweet Name: Orthopedic Implant Guide (I know, not very sweet)
Investor:
To create an investor proposal we can have mockup photos that show how the application will function. We will give a detailed demographics report of end-user market. We will outline projected income and provide a rate of repayment for investor. (Investor gives 10k, expenses are 5k, income is 60k, investor gets 20k, we get 50k)
http://www.orthopaediclist.com/
