How will $50,000 for the development of a mobile application be distributed correctly?

A

Ayan Bai2020-12-19 10:59:06

Startups

Ayan Bai, 2020-12-19 10:59:06

I participate in acceleration. According to the results of the demo day, the best ones are offered a grant of $50,000.

To receive a grant, you need to answer one of the key questions:
How much money do you need to invest?
How will you manage grant funds?

I have a mobile application for farmers. I solved my problem with the prototype and now other farmers also want to install it.
The application very conveniently collects data and provides reports on key business processes for decision making.

The application is the simplest. Data collection and analytics. I need to make a mobile app, server and database.

Also, I need to distribute the system. That is, show by example. That is, you need marketing. Since the farmers themselves will implement the software, I need technical support.
Plus I have a lot of large farmers. They need a more individual approach, which means they need people who will try the system.
It turns out that, in addition to development, we need other areas such as marketing, technical support, sales and SMM.

Let's pretend I win. How now to make a plan out of this business?

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4 answer(s)

D

Developer, 2020-12-19
@samodum

Absolutely - do not ask for advice on the Internet

S

Sergey, 2020-12-21
@begemot_sun

10% for development, 90% for promotion to the masses. 0% for the initial support / implementation (you do it yourself), then you will hire a support from the income.

S

Saboteur, 2020-12-19
@saboteur_kiev

Let's pretend I win. How now to make a plan out of this business?

Hire a normal consultant - a performer who will do all this and share it himself.
At the same time, carefully control it.
Without experience, making a plan NOW does not make sense at all, it simply will not work because of a thousand unaccounted for nuances.

D

dmshar, 2020-12-19
@dmshar

How now to make a plan out of this business? - people learn this and then stuff bumps in practice. And you want in the forum and in three paragraphs.
One thing I can say for sure. A programmer always thinks "90% development, 10% everything else". In reality, programming is 10 or even less percent of the real costs of the project. How unfortunate it sounds for a developer.
And yet - to divide the money - this is not a business plan. This is just one small fragment of it.