Presented by BJ Fogg. Sharing some secrets that have never been shared before. At stanford they had a class where teams built facebooks. They had 5 apps that got over 1 million users and had 10 apps get over 100k users. This was a big success. They started the class and did not know what they where doing. They expected 20-40 users and ended up with over 120 the first day. Ended up with 7 teachers and 80 students. They got some great press coverage. Students started meeting outside of class and still get together. $500k-$1Million in revenue at least 3 companies where formed. At least 2 companies where acquired.
Learnings from the class. #1. It is never to late to create a winning app. #2 the simple apps won. Apps need to be simple and easy. #3 speed and flexibility in launch and iterations. #4 community cooperation leads to success. Students helped others #5 individual opinions about apps are worthless. dont be swayed by one persons opinion. #6 Copying success is a cheap fast way to succeed. Novelty inst the best approach to apps. $7 metrics do matter, but todays tools are too weak. Instrument your apps to track success #10 mass interpersonal persuasion is finally here. Persuasion, social network, observable impact, fast cycle, easy to do, automated.
I was a bit disappointed by this presentation. I was already familiar with what they did there. They did not talk about the psychology behind the apps much. They went over their learnings very quickly. We built out app at this same time and achieved 2 million users in 10 weeks for our we’re related app. But our app is a real app and not a toy like these students created. And our app continues to grow.
