Michael Chiang, an entrepreneur from Manhattan, joins The Expat Money Show to discuss app development and offers four steps to save months of effort. He specializes in pet-related apps and co-founded FitBark, a dog activity tracker available in over 125 countries. His latest venture, JoyRide, is a mobile trivia game played during Uber rides, where winning covers the ride's cost.

WHAT WE DISCUSSED IN THIS INTERVIEW:

Why pivoting an idea in a new direction can make you money
The beginning of Augmented Reality apps (AR)
Why 200k downloads in 4 days can still be considered a failure
Looking for problems to fix can make you a good entrepreneur
How having the mindset of an athlete can set you up for success in business

4 KEY STEPS TO BUILDING AN APP:

Share your idea with a trusted circle and beyond to get feedback, ensuring your concept is clear and needed in the market.
Build a trustworthy team from your network who understands and supports your vision.
Create a Minimum Viable Product (MVP) quickly to test its viability and gather early feedback, failing fast if necessary.
Ensure proper funding, aiming for $10-20k USD to develop and test your MVP, allowing flexibility to pivot if needed.

HOW TO FIND MICHAEL'S WORK:

Check out PlayJoyRide.com to learn more.
Instagram: iAmMikeChiang
Twitter: iAmMikeChiang

BOOKS WE DISCUSS:

Malcolm Gladwell
Outliers: The Story of Success
The Tipping Point: How Little Things Can Make a Big Difference
Blink: The Power of Thinking Without Thinking
David and Goliath: Underdogs, Misfits, and the Art of Battling Giants
What the Dog Saw: And Other Adventures
Phil Knight (This book was also recommended by Ryan Lee, an expert on books, in Episode #8)

WHAT WE DISCUSSED IN THIS INTERVIEW:

4 KEY STEPS TO BUILDING AN APP:

HOW TO FIND MICHAEL'S WORK:

BOOKS WE DISCUSS:

Switch to the Fountain App