How to build a million dollar mobile app empire with Gonzalo Juarez

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He was born in Argentina, and came to the US to play soccer on a scholarship with U of Maine. When he got his business degree, he moved to Geneva, Switzerland and worked for HP.

He and his brother started etips.com while he was still in Switzerland in 2009. His mobile app tips earned $1 million in the past year. His company headquarters is in Argentina, and he also had a presence in Silicon Valley.

In this episode he also shares:

• Who came up with the idea for e-tips
• How long it took to develop the app
• What his first product was
• What platform he started on
• How much revenue he made initially
• How he misjudged the iPhone’s popularity
• Ways they determined which cities to start with
• How he created a revenue model before in-app purchases
• His expansion plan
• The big gamble of a price drop and the surprising outcome
• What it took for him to leave his job and work his startup full time
• How he grew to $1 million in revenue with no debt and no investors
• How he creates new revenue in his business
• Ways they continue to innovate
• How he scaled his app business to 500 apps
• The difficulties of building businesses in Argentina
• Why you can’t buy a Mac in Argentina
• When he got into apps for the Apple watch
• The future plans for e-tips

You can get in touch with Gonzalo:

www.etips.com – his website

gonzalo [dot] juarez [at] etips.com

Twitter – @gonzaloju