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All you need is 20 apps making $500 a month to earn $10,000 or 10 apps a month earning $1,000.

💨 tl;dr

You can make $10k/month from apps by following a simple five-step strategy: do keyword research, build focused apps, create a solid onboarding process, launch for free, and monetize after validating user interest. Focus on 1-2 features, optimize for the App Store, and scale with multiple apps.

💡 Key Ideas

• Generate $10,000/month from apps using a simple five-step process.
• Start with keyword research to ensure there's a target audience.
• Build apps with 1-2 focused features that solve specific user problems.
• Craft an onboarding process that excites users and builds confidence.
• Launch the app for free to encourage user engagement and organic growth.
• Implement a tested paywall for monetization after validating user acquisition.
• Understand subscription models: access to the app is key, not just added features.
• Expect a temporary boost in downloads post-launch, with organic growth resuming after 6 months.
• Repeat the strategy: 20 apps earning $500/month can collectively yield $10,000.
• Building new apps improves your skills and helps identify better opportunities.

🎓 Lessons Learnt

• Keep it simple: Focus on one or two core features that solve a user problem instead of complicating your app with unnecessary functions.

• Start with keyword research: Before coding, identify an audience by researching keywords with popularity over 20 and competition under 50 to ensure demand for your app.

• Onboarding should build confidence: Make your onboarding process instill confidence in users about your app's effectiveness and excite them to use it.

• Release for free first: Launching your app for free attracts users and encourages feedback, leading to organic marketing and growth.

• Validate user acquisition before monetizing: Confirm user interest and engagement with the free version before introducing any paywall.

• Consider unique subscription models: Weekly subscriptions can appeal to users who prefer short-term access without long-term commitment.

• Understand the app download cycle: Recognize that initial downloads will decline, and don’t rush to add features too quickly.

• Expect organic growth after six months: Be patient; significant growth often takes time, typically around six months.

• App Store optimization is crucial: Prioritize optimizing your app for visibility and downloads in the App Store.

• Scale your app portfolio for higher earnings: Having multiple apps can increase your potential earnings and market presence.

• Continuous improvement in app development: Always seek ways to enhance your app based on user feedback and market trends.

🌚 Conclusion

Keep it simple and patient. Validate your app's appeal before monetizing, and expect organic growth to kick in after about six months. Building a portfolio of apps can significantly boost your earnings, so continuously improve based on user feedback.

In-Depth

All Key Ideas

Strategy for Generating Income from Apps

• The strategy for generating $10,000 per month from apps is simple and involves a five-step process.
• Starting with keyword research is crucial to ensure there’s an audience for the app.
• Focus on building apps with one or two features that solve specific user problems without overcomplicating them.
• The onboarding process should build user confidence and excitement, not just teach how to use the app.
• Releasing the app for free initially can lead to more user engagement and organic growth.
• Monetization should start with a tested paywall after validating user acquisition, offering subscriptions that consumers are willing to pay for.
• Many developers misunderstand subscription models, thinking they have to add features instead of providing access to the app itself.
• There’s an initial boost in downloads when the app is first published on the App Store, but this fades after a week.

App Growth Strategies

• This is the initial boost every new app gets in the App Store, but it doesn't last forever.
• After 6 months, you'll start to see organic growth taking off again.
• The strategy can be repeated; 20 apps making $500 a month can earn $10,000.
• Each new app you build helps you get faster, smarter, and better at spotting opportunities.

All Lessons Learnt

App Development Tips

• Keep it simple: You're probably over complicating your apps. Focus on one or two core features that directly solve a user problem instead.
• Start with keyword research: Before writing any code, research if there's an audience for your app. Look for keywords with a popularity over 20 and competition under 50 to ensure demand.
• Onboarding should build confidence: Your app's onboarding process must make users feel confident that your app solves their problem and excite them to use it, not just teach them how to use it.
• Release for free first: Launch your app for free to attract users. This encourages feedback and sharing, which leads to free marketing and growth.
• Validate user acquisition before monetizing: Only add a paywall after you've confirmed user interest and engagement with the free version of your app.
• Consider unique subscription models: Users are open to weekly subscriptions, especially if they don't want to commit to a full annual plan. This can cater to those who need short-term access.

Lessons on App Development and Growth

• Understand the app download cycle.
• Don't rush to add features after initial downloads decline.
• Expect organic growth after six months.
• App Store optimization is crucial.
• Scale your app portfolio for higher earnings.
• Continuous improvement in app development.