Could I make £2 million by age 22 by creating several big hit software applications for the iPhone that...?

[avatar790]

4 factors you should consider... rights to software + code, turnover before idea is cloned (i.e copyright issues), potential negative outcome (it crashing all the time, or messing up the phone) and re-investment to push yourself to either next product or market hole.

start with the application, research and bug test throughout process and make sure your contract with iphone sales is solid before even raising the idea - you do this by developing 2 great applications. first 1 is throw away to test app system, that'll give you idea of revenue steam and how they might wrestle your money away from you, second is your million squid app that you'll keep all the profits too due to your previous experience.

chose which you want to plug then cross platform them, travelling them to facebook, beboo, myspace - you get the idea. thus increasing the customer base and going down the popular adverts for money route commonly used at end-of-use part of the application.

if you remembered the mobile phone ringtone revolution, when jamster was created as a subscription (ripping of the user, by selling 10 ringtones instead of the 1 they want to buy). well that started with a young chap like yourself who invented the 'crazy frog ringtone', now hes definitely got more than 2 million.

in short its POSSIBLE, but you'll find about 4 -10 million other people with the exact same idea "spin an app with no work involved, no business experience, no programming ability and sale it for a small mountain of money".