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Entrepreneur - New Business
One of a kind I-Phone Application
Posted by:
Howard Schuster
on 3/10/2010 12:05:16 AM
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Funding Needed
:
Under $100k
Category:
Information Technology (IT)
Website :
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Location :
kansas City,
Virgin Islands (U.S.)
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Description:
I am currently seeking an investor with $5000K or less that is willing to help me see my project through. If you are an investor looking for a relatively quick turn around on your money I have a great idea that is waiting on a minimal capital. I am willing to pay back an agreed amount over a set period of time or I am willing to pay the initial investment back by giving the first $5000 I make off this app. plus an agreed upon percentage of the lifetime of this app. This app has approximately 23 million people in the United States who would benefit from this application also there are approximately 93 million worldwide. Currently there are over 21 million I phone users in all, over 6 million in the U.S. This application will sell between 1.99 - 3.99 (undecided) hoping to reach %1 of the market this would compute to $291,900 - $567,000 world wide, If only considering U.S. and only .5% of the market it would still equal $38,700 - $83,700. I also intend to negotiate advertising through multiple outlets for swapping add space surrounding this topic.
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