"Utilize Your Business Mechanics" Expert Advice For Entrepreneurs w/ Slava Podmurnyi

Sometimes people try to generate enough investments to build some sort of mobile app, a website, or some sort of ecosystem for them, and they overestimate the result of those things. Again, you need to consider how it will help your business, and exactly what core features will help them. You need to create a business plan and other stuff because I remember the times when iPhones arrived at the university and we all were really excited. At that time, you've been able to develop, like, a Torch app and sell it for $1 million. For many people nowadays, it's impossible. Yes, but still, people some people, want to develop a website, and they believe that, okay, it will give you 1 million out of the way. No, but you need to market it. You need to make sure it utilizes some of your business mechanics, and you know how to measure it, so be careful.