The Expat Money Show - With Mikkel Thorup

011: Mastering Mobile App Development: Ninja Techniques – Michael Chiang


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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.
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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)
        • Shoe Dog: A Memoir by the Creator of Nike

        •  
          It was fantastic having Michael on the show if you would like to get in touch with him, you can hit him up on Twitter at @iammikechiang
           
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          The Expat Money Show - With Mikkel ThorupBy Mikkel Thorup

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