3 Actions Upon Reflecting On The Experiences Of 100 000 Entrepreneurs

2013-08-20 00:02

Over the past year I have been working on business plan apps for Android and iPhone. A few weeks ago, the very first app I ever made original app reached 100,000 downloads.  Crossing that milestone gave me a chance to think about the 100,000 people on the app, their experiences, and where they are now.

While many of the people who downloaded my app were interested in entrepreneurship and had a very specific business in mind, many people on the app were facing financial hardship. Those who were facing financial hardship were just thinking of a business as one potential ways in which they can earn money and solve their financial difficulties. Since many of my app users email me and I help the paid app users directly, I approximate that about as much as 20% of the people were simply looking for ways to get out of financial difficulties. Could that business planning app alone have helped them?

While starting a business can be a great way to make money, starting a business is almost never easy. Instead, starting a business is almost always incredibly difficult. In fact, starting a business can often add to financial difficulties because there are many expenses while starting a business, and the very process of starting and growing a business takes time and effort which can otherwise be spent at a regular job. Plus, the hard statistics of starting a business show that most small businesses fail.

And while I have been building products to support entrepreneurs on their journeys, in an effort to do even more to help people, I recently released a few more free Android apps with information about different ways people can simply make money, whether it is through starting a business, finding local gigs, or via other means.

Different ways to earn money

In an effort to present all the ways people can make money in a single and organized way, I made this separate Android app about making money. On the app, there are 100 small business and various gig ideas that people can try. Some of those ideas are simple like offering local services such as mowing lawns or providing handyman services. But a number of tips are relatively unique such as using different websites to earn money. I am also looking for ideas to add to that list so if you know of another way to earn money that isn’t mentioned in the full list on that app, please let me know.

In addition to the 100 tips to make money, the app also has tutorials for how to fund projects via loans, grants, investments, and donations. Despite the various fundraising possibilities, funding projects is difficult and most of the time, despite their best efforts, people do not end up raising money from outside sources. For that reason, many people have to invest their own money and effort into their projects. For that reason, the list of 100 small business ideas is a reasonably comprehensive set of tips for how people can begin making money on their own, and put that money towards building their projects.

And of course, one of the simpler and least risky ways to make money is to just get a full time or part time job. I have done it many times to fund my own projects.

Business ideas

For those people who do want to start a business, I released a free Android business ideas app. I already had a paid business ideas app, but the free app is another free resource where people can get help in figuring out which business ideas are good, how to get new ideas, and much more on this topic.

The app features articles about getting business ideas, how to protect business ideas, whether you should protect them, how to know whether your idea is good or not, and much more.

Lastly, how can everyone help those in need?

While I try to support entrepreneurs and people who are facing financial difficulties, my expertise is mostly in the realm of business and technology.  I realize that I cannot do it by myself and I need help from others who have expertise in other fields, with different insights into how to help people. For that reason, I am looking for feedback from others with ideas. And I will be putting the ideas into another app which is mostly about getting out of poverty and financial hardship.  I plan for that app to also eventually connect people who are in a position to help to those who need help. But at the moment I am just looking for tips and guides for how people can find financial stability in ways other than just starting a business.

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