| Lets face it, everyone with an iPhone has thought of | | | | to be learned from the success of these applications. |
| a killer idea at some point or another. But how do | | | | Have a revenue model |
| you get them funded by investors? This article will | | | | Investors want to know one thing more than |
| help give you an idea of what it takes to catch | | | | anything, how do you plan on making money? This is |
| investor attention for your iPhone app idea. | | | | probably the most important part of attracting |
| Do your homework, have a business plan | | | | investors. Create a clear cut revenue model that |
| Just like any beginning business it is recommended | | | | clearly shows that there is money to be made. You |
| that you clearly outline your idea. This means writing | | | | need to position your iPhone app idea in a way that |
| down your development model, business model, | | | | would convince investors that others would purchase |
| revenue model, marketing model, and even branding | | | | this application without a second thought. Be |
| model. Put it down on paper. Write out your vision | | | | convincing! |
| for the application and why you think other people | | | | Try and build a prototype |
| would be willing to purchase the iPhone app. Who's | | | | One sure way to get attention is to have a |
| life will it make easier? Who will it entertain? | | | | prototype of your application. This can take a small |
| Know your market | | | | investment out of your back pocket but it will also |
| For iPhone apps, the market is still in beginning stages | | | | prove to yourself and investors if your application |
| so you need to make sure you keep up on the | | | | idea is really viable. Search out developers, tell them |
| changes that may be happening without you even | | | | what your doing and you need a basic version of |
| knowing it. You need to immerse yourself in the | | | | what your looking to create. Maybe they will cut you |
| market and keep your eyes open to what people | | | | a deal if you promise them future work if they |
| are readily buying for their iPhone. Whether it's a | | | | create the app to your standards. |
| game or a productivity application, there is something | | | | |