“Hey, I’ve got a great idea for an iPhone app. It reminds you to change batteries in devices. You can build it, we can split the profits.”
“I’ll require a $10K retainer up front, time and materials from there, you keep all of the profits.”
<crickets>
Source: an almost literal email exchange when I owned an iOS shop. One of many I received.
Now that’s just some individual that thought they were going to strike it rich on the App Store with just an idea. It scales up to enterprise level as well.
“Hey, I’ve got a great idea for an iPhone app. It reminds you to change batteries in devices. You can build it, we can split the profits.”
“I’ll require a $10K retainer up front, time and materials from there, you keep all of the profits.”
<crickets>
Source: an almost literal email exchange when I owned an iOS shop. One of many I received.
Now that’s just some individual that thought they were going to strike it rich on the App Store with just an idea. It scales up to enterprise level as well.