Short answer - yes, it is possible. To avoid that you may need to think about the barriers that make this scenario less likely: 1. Frame your solution such a way that it will be easier and more profitable to cooperate with you than copy 2. Select for begin small enough niche, so they don't bothe...
Your strategy should encompass at least four components: (A) Complete Visual/verbal/social/technical audit to find/create needed assets for transition: know which assets need to be retired or replaced and what transitional assets are needed to bridge the gap. Prioritize: not everything always n...
VR has a vast application across all the sectors in the Global market. Entertainment is a basic need of humans, therefore there is a huge spending of a common household income that goes out for entertainment. I would recommend you to target the untapped segments and get an early mover advantage. ...
Try and find someone your age that can code and persuade them to join you on your journey. It's either that, or learn to code. I've done both. Learning to Code www.udemy.com www.treehousapp.com + many other. Finding a Co-Founder - Go to meetups - Find a school that teaches computer science - F...
Hi This is indeed not an easy situation and I can understand your frustration. I could mention the various ways you could have avoided this, but this wouldn't be helpful at this point, so I'll skip it. Just please note that next time you develop something, talk to me before so I can help you pre...
Hi, I had an entrepreneur ask me this same question recently. Based on the information Apple Provides you can definitely enroll with a DUNS number. There is a difference in the process of enrollment but both sole Proprietors and Organizations can enter. Here's a quote directly from Apples on busi...
You can't offer trials or even easily make refunds accessible via in-app purchases. What you can do is actually make manual deposits or write checks back to the users who ask for it. But the purchase behavior associated with in-app purchases really shouldn't require any promise of a refund. In...
I have built two software companies by hiring out the development work. I sold one for a decent sum during the dot com era (circa 1999). I remain a shareholder in the other one. I currently work with amazing development company on behalf of one of my clients. Here are some things to consider. 1...
You're facing an uphill battle. Angels and Seed Funds see a new app every hour of the day. Same goes for incubators and accelerators. No one will invest cold because there is no way to protect it. There's nothing patentable. You'll have to show rapid user adoption. If you can hit 10-20k users wit...
Niche down! Find a way to appeal to a certain demographic. You can't compete with Messenger or Whatsapp when it comes to their reach. But you can compete on features or how you position your product. Add features to your product that the bigger products don't have. it could be something lik...