Business

Would starting my own CRM software company be a good idea?

Episode 878

Dan from Orange, CO

Dan is a financial guy and he’s looking to start his own enterprise CRM software company. Leo says that creating software to compete with the already established Salesforce and Microsoft software would be difficult. But helping and training companies to use them is an interesting and useful niche to exploit.

(CRM is "Customer Relationship Management").

Should I be concerned about the change in Google's Terms of Service?

Episode 873

Louis from Hollywood, CA

No, Leo doesn't feel this is something to be concerned about. Google recently updated their Terms of Service when they introduced Google Drive. This quickly became controversial because the way the Terms of Service were written was disconcerting. This is the part that concerned Louis (and many others) the most:

How does the Apple App Store pricing work if I develop an app?

Episode 874

Martin from Lower Lake, CA

Martin would set the price for his app. Then Apple would get 30% of the sales revenue, and he would get 70%. If the app is free, then Martin wouldn't get anything because as Leo said, 70% of nothing is still nothing. It does mean, however, that Apple also gets nothing despite the services they are providing such as bandwidth and promotion of the app. Both Martin and Apple have a vested interest in a rich app environment and free apps are part of that.