We Were Approached by a Local Business to Develop Their App

by Admin on August 21, 2013

Right in between of after releasing App #2 and before releasing App #3 we were approached by a local business to develop an App that would support their customer base and provide a convenience to already existing customers.

We were approached by a safety construction company that designs and implements EXIT signage and routes in buildings. What they wanted was a way for their existing customers to determine how much certain upgrades would cost them. A customer would be able to type in basic parameters in the App such as the size (square footage), number of doors, stories, etc to their building and the type of safety configuration they desire.

The App would then calculate the time and material (cost) of implementing the plan and provide an output (figure) right away. Similarly prospective customers would be able to get an estimate right away using the App. The App would be in the Apple iTunes store for download and immediate usage. Users don’t have to be existing customers.  Another similar story is that the brother of one of our founders approached us to develop an App where his customers would be able to order directly from the App. You can read more about that story here.

Since then, a couple other business owners have been following us on Facebook and Twitter, and one reached out for a similar proposal. They were told about us by the first business owner that came into contact with us.  So where are we going with this? Well we accepted the multiple offers and have started the process of developing Apps for these businesses. We hope to capitalize on our experience and connections, as well as profit from this activity.

For the sake of transparency (the business owners are also well aware of this), the profits from the two projects are as follows:

Business App # 1: $2,700

Business App # 2: $3,250

These numbers are net of all development and Apple related expenses incurred.

It’s amazing how opportunities just fall into your lap when you take action and put yourself out there. Doors are opening up in areas we hadn’t foreseen. We are not sure this is something we want to do regularly as yet, but it’s certainly nice to know that we will be developing more Apps in the near future.

Why? Because we have a slight predicament and a conflict of interest with our own goals and objectives. We thought long and hard whether we wanted to take on these offers or just let go. Understanding one’s priorities is key, and we have learned that the more you say No and remain focused on your goals, the more you succeed.

However we also wanted to experience. So we decided to take up these offers, with the understanding that this will likely not turn into a long term and sustainable segment of our business. It sure can, but we choose not to for various reasons. One thing is for sure, other than word of mouth, we will not solicit or accept any other business of this kind.

See when we started this experiment we wanted to create some passive income streams and income producing assets through Apps that can be downloaded and used on a residual basis long after the development process.  As it is we are already trading our hours for dollars in our day to day jobs, so why take on more of it? Perhaps working for $ will take all the fun out of it? Yet another reason why we don’t want to continue on this path.  We are mainly doing this for fun and self satisfaction, not to create another job.

That said, these businesses are relatively high profile in our community in spite of their size, and the relationships we build can lead to several other more wonderful opportunities down the road. We don’t want to give up the opportunity cost. Hopefully the 2 businesses allow us to display and discuss the Apps here on Real Cool Apps. If they do, we will definitely be back to update you on this topic.

“The harder I work, the luckier I get”

Sound familiar?

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