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Darwin Horan-How to Develop a Business Idea
Research the market to evaluate whether your business idea is feasible. Gather information from the Internet, trade publications and industry associations.
Analyze what type of customer your business idea will serve. If the business is aimed at a specific part of the population, such as senior citizens or teenagers, include sample research to determine if your product is something that would interest them.
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Perform a break-even analysis to see if your business idea can make money. Consider start-up and production costs, as well as advertising and wages for employees.
Investigate your competition to understand what they are doing. Try their product or have a friend shop with them to get an idea of the overall customer experience. Determine what their weaknesses are so you can create a business plan that will do better. Look at prices, customer service and the overall shopping experience.
Create a marketing plan for your business idea. If you require financing to get started, you will need to be able to explain your product to potential investors or financial institutions before they will consider lending your money.
Darwin Horan- How to Design an App Idea
Determine the primary function of your app, and scope out the competition. Use the most popular apps that are similar in function to the one you plan to develop and make a list of missing features, features you feel could be improved on, and features you were impressed with that you would like to include in your app.
Decide which platform you would like to develop for. Developing for the Apple platform gives you access to the iPhone and iPad, while developing for Android gives you access to users on most majo