How does one determine the WAF of an App?
I am in the process of developing an App. I have identified the very specific target audience, some two billion people, also, looking at average income by country, I estimate that ±20% have an income > $1600 per month. The App meets a very specific necessity for most in the target audience, I want to attract within the first year 1% of the 20%. I have done some eyeball to eyeball market research, only in South Africa at the present, and in general had a very positive feedback. Also, had some great advice from The Fastlane Forum. I've the spread sheet for the first year and putting together a business plan. It would be a real bonus if I could put the WAF in the business plan, and that brings me full circle to my question; How does one determine the WAF of an App?
I am in the process of developing an App. I have identified the very specific target audience, some two billion people, also, looking at average income by country, I estimate that ±20% have an income > $1600 per month. The App meets a very specific necessity for most in the target audience, I want to attract within the first year 1% of the 20%. I have done some eyeball to eyeball market research, only in South Africa at the present, and in general had a very positive feedback. Also, had some great advice from The Fastlane Forum. I've the spread sheet for the first year and putting together a business plan. It would be a real bonus if I could put the WAF in the business plan, and that brings me full circle to my question; How does one determine the WAF of an App?
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today
