How To Build An App Business That’s Positioned to Scale

How To Build An App Business That’s Positioned to ScaleJunaid Shams is the co-founder and CEO of Rooam, a mobile payment platform that lets users pay their bar tab or restaurant bill directly from their phone. He has received numerous national recognitions, including Businessweek’s “Top 25 entrepreneurs under 25” and Under30CEO’s “Top 30 Most Influential Entrepreneurs under 30.”                  

In this episode, Junaid talked about how he started his first business while in medical school, how he obtained funding to start Rooam, and his strategies for getting early customers when his app was still in beta.

 “We were very strategic about which potential customers we were going to approach at the beta stage.”                                               

-Junaid Shams


 rooam.co


How To Create Network Effect For Your Product

Param Jaggi

Param Jaggi is the founder and CEO of Hatch Technologies, a company working to democratize the software development industry.

Param is an inventor and serial entrepreneur. At the age of 13, he invented the EcoTube, a patented device that reduces carbon emissions from cars. At the age of 18, he founded Ecoviate— a R&D organization focused on redefining consumer sustainability. Param has won numerous awards and was twice featured in the Forbes “30 under 30” list.

In this episode, Param talked about how he built his first mobile app while in high school and acquired users for the app largely through network effect, and how he started his second company, Hatch, in the process of doing traditional software development work for other companies.

“I’m a strong believer in building network effect into your product. You want to figure out how people can use your platform in a way that lets other people know about the platform as well. ”

– Param Jaggi

 


Hatch Technologies

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Reference

Soundwise

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