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

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