Brief Summary
This video provides a step-by-step guide on how to find and validate mobile app ideas that have the potential to become profitable businesses. The creator, Steven Cravotta, shares his personal experience and the proven method he used to create a mobile app that generates $30,000 in monthly recurring revenue. The video emphasizes the importance of market research, understanding the marketability of your product, and having a feasible idea.
- Analyze your daily life for problems you encounter and write them down.
- Research trending topics and problems on social media.
- Explore app marketplaces like Flippa and Acquire to see successful apps and their revenue.
- Validate your idea using tools like Sensor Tower and Google Trends to check app earnings and organic interest.
- Conduct market research on social media platforms like TikTok to understand the potential reach and marketability of your product.
- Ensure your idea is feasible to build and develop into a minimum viable product (MVP).
Finding App Ideas
The first step is to find an app idea. Steven suggests analyzing your daily life and writing down any problems you encounter. He emphasizes the importance of identifying problems that are trending and viral, as these are more likely to be marketable. He also recommends exploring app marketplaces like Flippa and Acquire, where people sell their mobile apps. These marketplaces provide insights into successful apps and their revenue, which can spark new ideas.
Validating App Ideas
Once you have an app idea, it's crucial to validate it. Steven recommends using tools like Sensor Tower and Google Trends. Sensor Tower allows you to see how much each app is making, while Google Trends helps you understand the organic interest in a particular product or problem. By analyzing these data points, you can determine if your idea is trending upwards and has the potential to be successful.
Marketing Mindset
Having a marketing mindset is essential for app success. Steven emphasizes that even if your app isn't perfect, you can still make money if you can market it effectively. He shares his experience with his quit vaping app, where he conducted market research on TikTok to understand the potential reach and marketability of the product. He found that there was a massive audience interested in quitting vaping, which gave him the confidence to build the app.
Feasibility
The final step is to assess the feasibility of your idea. Steven explains that his quit vaping app was feasible because it was a simple tracker that allowed users to track their puff count and reduce their usage over time. He emphasizes that a straightforward core feature makes it easier to develop a minimum viable product (MVP). He encourages viewers to take action and build their app if they have an idea that they can't stop thinking about. He also shares his personal experience of facing challenges and adapting along the way, highlighting the importance of perseverance and learning as you go.
