I recently begun to formulate a plan to build a profitable business and be not doing any work. To do so, I plan to break down the things needed, then outsource absolutely all of it. If you missed it, check out part 1 here!
As I thought, I read over the steps I had formulated and quickly realized I’d need to break them down further. So, here’s the updated list of steps I’ll need to outsource:
- Find a market I could sell an app to, including specific demographics
- Find what pain points they have
- Collect information on players in the field (competitors)
- Formulate an idea that addresses that point
- Make a name for the app that uses that idea
- Create a logo for the app
- Decide on the service’s features – probably a scaled back version to start
- Create designs for the service, providing the logo for colour information
- Create a layout for the service
- Build a rudimentary app
- Research how similar apps are advertised
- Advertise the app
- Sit back and let things play out
That’s what I’m thinking at the moment. It’s a lot of steps, but I look at it like this – if I’m paying $5 per step and not doing any work, it’ll barely cost me anything!
What does it mean to be not doing any work?
On that note, I should mention an important caveat that I decided on. Unless the work I receive is incomplete or obviously terrible, I’ll accept it. For instance, if I ask someone to come up with a name and it’s only “okay”, I’ll take the path of least resistance and accept it.
Will this mean I get the best work possible? Probably not. But I think it’s more about the spirit of the project – the idea that someone could create a business with the bare minimum amount of effort – only contacting the freelancers.
I’ll contact the first seller soon. Keep tuned!
Thanks for reading! I’d love to hear what you think, give me a shout in the comments or on twitter!