In that ideal world of making-millions-while-sitting-in-the-pub, the new boom for cell-phone applications is the perfect pub-based industry.
Sitting in the
You shake your phone and it makes a noise - like a rattle, or a drum roll or a bagpipes' swirl.
Karaoke backing tracks
Rhythms from different musical instruments so a group of you could improvise a band.
With Silicon Valley VCs investing $383 million in new start-up companies developing cell-phone apps in the first half of 2008, these three apps should be the core of a decent business proposal.
Seed funding required is £147,970 representing: Cost of pint £3 (including crisps and nuts), X 3 ( for three people), X 7 days a week (no slacking), X 365 days in the year.
The market appears unsatiable. Apple report that in the ten days after the 3G iPhone launch, 25 million apps were downloaded to it.
Subscribe to this blog's feed
Comments (15)
You should file a patent on shaking the phone to make a musical noise idea but, due diligence shows a couple of problems in the cost model.
£3 x 3 x 7 x 365 = £22,995 not £147,970
also it doesnt make sense to scale by 7 days a week and then by 365 days a year. So actual funding requirement for first year is only £3,285. Maybe you should increase salaries and allow for more than one pint/day!
Posted by Tom Kean | August 12, 2008 11:41 AM
Posted on August 12, 2008 11:41
You're absolutely right. I went wrong in stating that my X7 was the number of days in a week when it should have been the number of pints per day per head. On that basis the
figure for seed funding should have been 3 X 3 X 7 X 365 = £22,995
Posted by David Manners
|
August 12, 2008 11:55 AM
Posted on August 12, 2008 11:55
I like the idea of a motion sensing phone - WII remote style. For shaking at call centre, double glazing callers and perhaps throwing at brick walls when it (or all life come to that) goes wrong 1
Posted by Mike Meakin | August 12, 2008 12:04 PM
Posted on August 12, 2008 12:04
Or blowing raspberries?
Posted by David Manners
|
August 12, 2008 12:08 PM
Posted on August 12, 2008 12:08
Or throwing grenade style through the air with a pleasing whizz followed by an 'explosion' sound ?
Posted by Mike Meakin | August 12, 2008 12:21 PM
Posted on August 12, 2008 12:21
Excellent. I like it. And a farting noise usually gets a laugh
Posted by David Manners
|
August 12, 2008 1:01 PM
Posted on August 12, 2008 13:01
I thought realistic cost projections were considered amateur. 147,709 is at the very bottom of numbers worth VC interest.
You made a good start with bad numbers, but you missed the bigtime by forgetting to add in an extra decimal place.
1,477,090 is a number sure to get funded !
Posted by Edward Bruce Williams | August 19, 2008 4:51 AM
Posted on August 19, 2008 04:51
I thought realistic cost projections were considered amateur. 147,709 is at the very bottom of numbers worth VC interest.
You made a good start with bad numbers, but you missed the bigtime by forgetting to add in an extra decimal place.
1,477,090 is a number sure to get funded !
Posted by Edward Bruce Williams | August 19, 2008 4:51 AM
Posted on August 19, 2008 04:51
"My favorite number is
[url=http://www.aboutanumber.com/504]504[/url] .
What is your favorite number and why?"
Posted by numbergamefavga | April 2, 2009 7:30 PM
Posted on April 2, 2009 19:30
Hi I discovered a site talking this government grant software: [url=http://federalgrantsforwomen.info/]Federal Grants For Women[/url]
would that be a legitimate program?!??? thanks!!!
Posted by Soinalalm | September 10, 2009 11:03 PM
Posted on September 10, 2009 23:03
I don't know Soinalalm, I'm a total novice at this Apps game. But it sounds a contender. Give it a whirl!
Posted by David Manners
|
September 11, 2009 11:21 AM
Posted on September 11, 2009 11:21
Ciao people, I am brand-new to the website, but I've been searching for this forum for a long time 'n I'm so glad I finally got here.
I'm 21 years of age and doing my bachelors at Houston.
I am the sort of guy who enjoys to try unused stuff. Right now I'm making my private pv panels. I am making it all by myself without the help of my staff. I'm utilizing the net as the only path to acheive that. I came across a really awesome site that explains how to contruct pv panels and so on. The internet site explains all the steps required to [url=http://solar-panel-construction.com]making solar panels[/url].
I'm not really sure about how precise the info given there is. If some guys over here who have experience with these things can have a peak and give your feedback in the site it will be great and I would highly value it.
Thanks for reading this. U guys rock.
Posted by sleneplatenda | December 10, 2009 4:37 PM
Posted on December 10, 2009 16:37
Good luck, sleneplatenda, you seem to be in the right business at the right time.
Posted by David Manners
|
December 10, 2009 4:41 PM
Posted on December 10, 2009 16:41
Everything should be made as simple as possible, but not simpler.
Posted by fred whitehorse | February 1, 2010 8:56 AM
Posted on February 1, 2010 08:56
Yes Fred, isn't that that Occam's Razor pronciple?
Posted by David Manners
|
February 1, 2010 11:21 AM
Posted on February 1, 2010 11:21