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I've Found an Idea for a Startup - What's Next?

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Maksym Babych
I've Found an Idea for a Startup - What's Next?

Did you wake up one morning and had a revelation?

You must have said, I have an idea for an app.

The sentence, “I have a great idea for an app” is quite intriguing and overwhelming.

Because once you have an idea for an app it encourages you to say now what?

That is what we want to share with you.

The answer to your question, I have an idea for an app where do I start?

It is great that you have an idea for an app but making it a reality is not an overnight task.

Not to deter you from taking the next step, but the time to market for an application is a bit complex.

However, no matter how big the challenge is, it can be overcome provided you follow the right process.

More importantly, developing an application means you have to be prepared to face fierce competition.

The thing is that with a job you are a risk averter.

You are getting paid every month without fail as long as you keep on working for the company.

But the day you start making something of your own is the day you become a risk lover.

The process is rapid and complex, but it is highly lucrative.

Let’s begin with our guide on, “I have an amazing idea for an app” now what shall I do?

Tour d’horizon of App Development

First of all, let’s talk about money and its importance with the concept of I have an idea for an app.

You can start without money, but you won’t be able to make a big jump without it.

The reason being, the development industry is built on investment.

It speaks the language of money.

So, we recommend that the moment you have a revelation, an idea, start gathering funds.

Be it bootstrapping, loans, or selling equity, you need to get some investment before developing.

Once you have a way to acquire funds, here’s what you need to consider.

It’s a Long Term Investment

We have the answer to I have an idea for an app but where do I start?

However, it is not feasible to know where it ends. At what point do you need to stop injecting more money?

Plus, it is not like you have got an idea for an app, and the next morning you can start building.

No, it is a long term investment not only monetarily, but also you need to take out time, make some extraordinary efforts, and maybe just maybe forget about having a routine for the initial months.

You need to hire developers (necessary, even if you are a developer yourself).

Go through idea validation, feasibility, marketing, and much more. So, it is not like you can start building right away.

There are various pre-development steps required to go from I have one of the greatest ideas for an app to I have made an app, now let’s grow it.

It Is Costly

Not to bring down your excitement levels, but you will need money to follow, I have an amazing idea for an app now what?

Apart from the design and development costs, there are feasibility studies, pre-development marketing, branding costs, idea validation, gathering proof of concept.

Yes, you can talk to your family, friends (even Facebook friends) to get the validation and design ideas.

But, they aren’t the only people you expect to use your app, or is it?

No, right?

Then you need some credible and mass validation techniques and it will cost some money.

Based on your findings, there are design costs, marketing expenses, development, and then scaling and maintenance costs.

So, it is a costly affair.

However, you won’t regret investing. Because:

  • You are building something better and future-oriented
  • You will have the proof of concept before throwing all the chips in.
  • Lastly, once the product gathers traction, you will end up with way more than you invest.

But building an app is not only about money or time. If you are passionate about it, you will certainly enjoy the process.

Moreover, since you have access to our guide on I have an idea for an app now what you can save yourself from a lot of mistakes.

i have an idea for an app now what - you need to think through budget, as app development is costly

It Is Exciting and a Lot of Fun

You must know about Elon Musk, yes?

Why do you think he is one of the most successful entrepreneurs on the Earth today?

Look at the things he is doing and has done:

  • Hyperloop
  • Colony on Mars
  • Self-driving cars
  • Reusable space rockets

Who does that?

Surely, not a person who does not enjoy the process.

All these concepts require millions of dollars in investment and determination.

Elon has both and that is why he is in this position today.

Just like any other entrepreneur, he had an idea and built a product out of it.

A part of his success comes from his mental stature and his resolve to enjoy the process.

The day Elon built Zip, he must have also thought that I have an idea for an app now what?

From Zip to settling people on Mars, nothing could have been done without money and an attitude to enjoy the process, come what may.

That is what you should imbibe to go from I have an idea for an app, but don’t know to code, and wake up to “I think I need to grow my business” and take it to the next level.

So, the road you are going to take is really exciting and fun, but you have to take it as such.

Now that you have some introduction to the whole concept of I have an idea for an app let’s know “where do I start.”

i have an idea for an app but don't know how to code but it doesn't make product building less fun and exciting

Read the full post about what to do next as i have a great idea for an app.

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Maksym Babych
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