Got some spare cash saved away, and want to start looking into building a financial portfolio and perhaps investing for your future? Putting your smartphone to good use every now and again, and spending your time on it productively rather than just for mindless social media scrolling and games, can actually help you to reach a better financial position before you’ve even noticed.For those interested, here are a few different tips on how you can learn to invest successfully using your smartphone.Getting generally financially savvyTo start with, the smartphone that you keep in your pocket ...

We've been experimenting with app prices for quite some time and again and again we've noticed a funny effect:No matter what price we choose, we always make the same revenue.I attached two charts to illustrate that. I recently lowered the price of the iPad app (http://bit.ly/92xWv1) from 5 to 1 Dollars. At first the sales spike, then they even out to previous levels. Meaning: By cutting the price by factor 5, I am selling exactly 5 x more apps. Then we lowered the price of iA Writer for Mac (http://bit.ly/jfsHdZ) from 10 to 5 Dollars. And the exact same thing happened. There was a short i...

Note: Google was kind enough to invite me to give a short talk at their Zeitgeist conference earlier this week. It was a really interesting conference and I got a chance to meet a lot of people I admire. For my talk, I decided to use material from some of my blog posts over the years that I thought might appeal to a broader audience. Unfortunately, I was still recovering from a nastly cold/flu so I didn’t deliver the talk as well as I’d like.  Below is the text.Today, I wanted to talk about some of the most important lessons I’ve learned over the years from my experie...

I keep hearing startup entrepreneurs tell me “We need funding. If we just had $XXXk of investment, we’d be killing it right now.” I press them with one question: what would you do with the money if you had it? Inevitably the question is met with a blank stare. Most of the time people haven’t thought about it. The answers that do come feel a little half-baked:“Buy a bunch of ad words to get people to our site – that’s all we need”“Build the product”“Finish the product”“Hire a bunch of sales guys”Sure you hav...