Youtube Video

Summary published at 9/16/2024

👋 Milo Shic shares his journey in app development, earning $100,000 from his app portfolio.

📅 He launched his first app in 2011 but faced many challenges, including poor design and user experience.

💼 After leaving a draining corporate job in 2017, he took a leap of faith into the app business, receiving investor funding.

📉 Despite initial failures, he learned valuable lessons and eventually launched a successful app in 2019 that crossed $100,000 in revenue.

👶 In 2022, after the birth of his daughter, he shifted focus to freelancing, generating around $500,000 in revenue.

📈 Milo emphasizes the importance of finding profitable app ideas that solve real user problems and fulfill desires.

🛠️ He advocates for creating a Minimum Viable Product (MVP) within 4-6 weeks to validate business ideas and monetize from day one.

💰 For monetization, he recommends avoiding ads due to low revenue and instead focusing on subscriptions targeting affluent users.

📸 He highlights the significance of app store screenshots in attracting users, suggesting that 80% of marketing efforts should focus on them.

🔑 Keywords are crucial for app visibility; prioritize them in the title and subtitle for better ranking.

🚀 To gain initial users, leverage warm outreach, social media, and community engagement.

📊 Retention is key; provide lasting value to keep users engaged and paying.

🔄 Continuous experimentation is vital for growth; iterate based on user feedback and analytics.

💡 Milo's mission is to help app founders avoid painful mistakes and achieve success faster.

❓ He encourages questions and community engagement for further learning and support.

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