So, you’re thinking about adding an app to your business. Maybe you’ve heard the buzz—”Tech companies can get up to 18x valuations!”—and now you’re wondering, Should I build one too?
In this episode of Young Boss, we break down the truth behind app building for entrepreneurs. Spoiler: not every business needs one. But when done right? It can be a total game-changer.
We’re diving into the real questions you should ask before dropping $$$ on development:
- Does your app solve a real problem?
- Can you monetize it through white-labeling or subscriptions?
- Will it actually increase the value of your business?
You’ll also hear real stories—from flops like Plurbo (ouch) to wins like turning one app into two revenue streams overnight. We also explain how white-labeling works (aka the “build once, sell forever” model) and why buyers LOVE businesses with proprietary tech.
Whether you’re trying to boost your valuation, lock in recurring revenue, or just look cooler in pitch meetings, this episode is your crash course in smart app strategy.
Bottom line? Not all apps are worth it. But if yours is? The payoff can be massive.