With no background in technology or development, his only strengths lay in the business and creative side of things. Nick D'Aloisio shares the story around his app. It is an App where the users could design their own restaurant (seating, menu, recipes etc) and exchange recipes from friends and do much more. These 3 Million Dollar Apps Were Built By Non-Coders ... plan your app, get a freelancer to build it out at a reasonable price and get it earning money for you as soon as humanly possible. He says, “80% of business is the psychology of the business owner and 20% is the skillset. Everything You Need To Know About ‘App Links’: The Mobile App URLs Equivalent Of Website URLs. It was a navigation app having 50 million users. Yahoo bought D’Aloisio’s app for a reported $30 million and gave the teen a job at Yahoo in 2013. So my suggestion would be to develop a gaming app similar to SUPERCELL standards if you really want to earn in millions! Are you future-ready? Create an account or sign in to comment. It involved strategic planning which differentiated from its competitors and positioned itself with a competitive edge to capture the market share. A project management and digital marketing knowledge manager, Avantika’s area of interest is project design and analysis for digital marketing, data science, and analytics companies. PMP, PMI, PMBOK, CAPM, PgMP, PfMP, ACP, PBA, RMP, SP, and OPM3 are registered marks of the Project Management Institute, Inc. "Summly," which was recently purchased by Yahoo! Chad credits all of his success to having a game plan. Learn for free! It took him several years to get the snap just right so that his bones broke in the right place, but since then Ken has sold millions and millions of the little luck bringers. 13. Reuters; Last Updated: March 06, 2020, 16:04 IST; ... a popular gay dating app it acquired in 2016, for about $608.5 million. With only 55 employees, WhatsApp’s $19-billion valuation could, in an alternate universe where each employee was given an equal share, fetch $350 million per employee. Free eBook: 37 Resources for Android App Developers, Young App Developers Who Became Millionaires, How To Become a Blockchain Developer: A Step-by-Step Guide, Free eBook: Salesforce Developer Salary Report, RPA Developer Salary, Roles and Responsibilities, You can watch the Android App Development Course Preview for free here. You can watch the Android App Development Course Preview for free here. Shazam. He was also awarded the “Innovator of the Year” title by Wall Street Journal. Coming out with a concept which is not at all similar to other apps, is the first step of your journey towards selling it for millions. FAT BOOTH. Richard James invented the Slinky. Until October 2015, Nick led the Yahoo News Digest operation launched at CES 2014, which went on to win the 201 Apple Design Award at WWDC for its technological and product excellence. It has a range of farting sounds you can play to really annoy just about everybody. Also, the songs could be played back free of cost through the built-in You Tube player. Meet 17-year-old British high schooler Nick D'Aloisio, the Justin Bieber of iPhone app development. Elegant Media is an Australia based tech company that specialises in smartphone App development. The video below on Introduction to Android App Developer Training Course offers a sneak-peek into Simplilearn’s course. As of March 2013, the app was sold to Yahoo! Web Apps That Have Made People Millions. As we reported yesterday, Kim Kardashian stands to make a cool $85 million for her new Kim Kardashian: Hollywood video game, and she’s not the only one… The target audience of this App are the people who want to build their dream house and design it. By Victor ... a mobile news app powered by a text-summarizing algorithm. You’re identifying a problem that needs solving. This App has only approximately 50,000 users and is available on both App Store and on Google Store but has surprisingly raised funds of almost USD 10 million. Each download costs $4.49 and it is one of the most top grossing apps on iTunes. Estimated Revenue: $24 Million You would wonder how with photoshop and with all other related software available to add filters to photos, how this App is making this amount of revenue? Truecaller and others are trying to replicate Tencent’s playbook. You need to be a member in order to leave a comment If you make your solution so well-constructed that you have a technological advantage, then you have naturally a major … This week his bet paid off. This is a fruit slicing game which has an amazing number of 20 million downloads. The above-mentioned Apps exemplify the fact that it is possible to generate very high revenue by understanding a need in the market and by implementing the correct strategy. Facebook does not pay for any type of ideas – whether it is an app, or a feature, or some kind of … There were a combined 75 billion iOS and Android app downloads worldwide in 2015, driving the field of professional developers to reach 19 million just two years later. A few months ago an 18 year old kid from England, sold his app for 40 million dollars to Yahoo . + Follow A south London schoolboy has become one of the world’s youngest tech millionaires after selling his mobile app to Yahoo!. Summly has been downloaded about 1 million times since its launch last year. Workplace chat app Slack has been bought by business software giant Salesforce for $27.7bn. It may come as a surprise, but Facebook does not buy app ideas either. ... and since then, his product has sold over two million units. This entrepreneur sold an app to Snapchat for $54M and is now traveling the world Published Mon, Jun 20 2016 12:56 PM EDT Updated Wed, Jul 6 2016 1:14 PM EDT Marguerite Ward @forwardist This is nearly five times what employees of Instagram would have got when that company was bought out for $1 billion in 2012. The mobile app economy was worth $53 billion in 2012, and TechCrunch says it will be worth $6.3 trillion in 2021. There’s big money to be made in the world of mobile apps. Nick D'Aloisio speaks about the development of Summly, how he met Marissa Mayer and his girlfriend's reaction to his new fame. Some apps have been snatched up by larger companies for huge sums of money, for example when Facebook bought Instagram, Onavo, and WhatsApp. How to Sell an App Idea to Facebook. Subscribe to our YouTube Channel & Be a Part of 400k+ Happy Learners Community. As discussed earlier, with the correct strategy being planned and executed, anything is possible. Q&A With the 17-Year-Old Who Sold an App to Yahoo for $30 Million. WeChat has become such a dominant player in the Chinese internet ecosystem that it is effectively serving as an op… This app was invented by Joel Comm — he was channeling his inner middle school boy when he created iFart. Three months after conceiving the idea, he submitted it to the app store, and the first month of sales brought in $12,000 which recouped his initial investment. In the next two years, he created and sold three app companies, which rank in millions. This App has an estimated revenue of USD 24 million and it is believed to be in the top 25 bestselling paid Apps of all time. Both offer 30 hours of instructor-led training, 40 hours of app-based projects, Downloadable Source Code, a project experience certificate, and the chance to develop six trending apps within the course. Kunlun Tech Co Ltd said it agreed to sell its 98.59% stake in Grindr to San Vicente Acquisition LLC. Today, Kiip helps brands run more effective campaigns with “mobile advertising people like.”. This may sound familiar. That’s what we use apps for, after all. This App was developed in the year 2010 and the estimated revenue is believed to be USD 22 million plus at a valuation of USD 1 billion. Clash Royale. It is such a simple App where it allows the users to discover the music which is played around whether it is in the vehicle or outside (shops, shopping malls, public areas etc). The main income generator for this App is through In-App Purchases thus it builds on its database of clientele on a daily basis since the App is free of cost to download. One of the advantageous features Waze had was a possibility for users to interact and report on the road and traffic situation in real-time. for $30 million - YouTube. All the above-mentioned Apps, did not possess the net worth overnight. Kiip has expanded beyond the games platform and into the fitness apps like Nexercise, MapMyRun, Gym-Pact, LoloFit, and many others. Kiip is active on more than 1,100 apps and on 75 million devices. For more information on today’s career paths in app development, read “Are you future-ready? He was a naval engineer who was known by locals as being clumsy. Big Data Hadoop Certification Training Course, AWS Solutions Architect Certification Training Course, Certified ScrumMaster (CSM) Certification Training, ITIL 4 Foundation Certification Training Course, Data Analyst Certification Training Course, Cloud Architect Certification Training Course, DevOps Engineer Certification Training Course. No one would have thought there is a need for this App before it was launched since the services and the value it offers is already being fulfilled by architects and interior designers. Great question Quoran. Bubble free is a free to download application but with over 12 million downloads and their marketing campaigns have made a estimated $7 Million in total. Yahooo purchased D’Aloisio’s app, Summly, for a reported $30 million, and now the 17-year-old has … By mid-2012, Kiip had raised more than $15 million venture capital from companies like Hummer Winbald, Relay Ventures, Verizon Ventures, True Ventures, CrossLink Capital, and many others. Just think of the net worth of Apps such as WhatsApp (USD 9.7 billion), Facebook (USD 71.5 billion), Instagram (USD 1.48 billion) and Twitter (USD 10 billion). It is an astonishing estimate given the fact that it is only a fun App where one could exchange doodle art with family and friends within the network. There are many Apps which are developed on a daily basis addressing the needs in the market but this article will highlight a few Apps which have made headlines by being valued over USD 10 million while having the strangest of ideas. Launched in the year 2012 and it currently has around 100 million downloads and an estimated revenue of around USD 200 million plus. This tool only shows items that are sold. We can sign Non-Disclosure Agreements to protect your idea, and then design, develop and release Apps under your own name. D’Aloisio lasted two years at Yahoo, before leaving to attend Oxford in 2015. Get push notifications with news, features and more. Reading how much people are making – and how they’re doing it – is something that will never fail to motivate me to keep working hard. When Mailbox sold itself to Dropbox for a reported $100 million or so this March, the month-old iPhone app wasn't even available to the public. He has spoken at various popular conferences like TEDx, and SXSW. Restaurant Story. Contact us for a free consultation. In 2010, Brian along with his colleagues Courtney Guertin and Amadeus Demarzi, founded Kiip, a mobile app rewards platform that lets companies and brands give real-world rewards for in-game achievements. 1-MIN READ. The amount of revenue one could earn from an App is unlimited. This App has an estimated revenue of USD 10 million while the number of downloads has exceeded 5 million. The app company has built strategic partnerships with more than 40 brands including 1-800-Flowers, American Apparel, Amazon.com, Carl’s Jr., Best Buy, Disney, Pepsi, Victoria’s Secret, Playboy, and Vitamin Waters. It is important that focus is given not only to planning but also to the execution of the plan and it is of utmost importance that reviews are done periodically in order to understand the current position and determine the way forward. 17-year-old sells app to Yahoo! Even with ever-popular games such as Angry Birds and Candy Crush Saga, Fruit Ninja has captured its target audience and is earning revenue. The gross revenue of this App is around USD 12 million for a year and the income is mainly generated through In-App purchases. is the amazingly clever app that can tell you the name of a song, artist and album simply by “listening” to it. On Google Store itself, the App has 650,000 users and its estimated net worth is USD 10 million. The British company posted revenue of $24 million in 2011 with sales mainly driven by the app. This App could even be used in Universities and Schools for students studying Hospitality or Hotel Management to increase their creativity. 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