How to Build an App Empire: Can You Create The Next Instagram?
Chad Mureta runs his seven-figure app business from his iPhone. (Photo: Jorge Quinteros). I first met Chad Mureta in Napa Valley in 2011. Two years prior, he had been in a horrible car accident. He’d lost control of his truck in at attempt to avoid a deer, hit a median, and flipped four times, nearly destroying his dominant arm in the wreckage. While in the hospital for a lengthy recovery, a friend gave him an article about the app market. “In just over two years, I’ve created and sold three app companies that have generated millions in revenue. After finishing rehab, Chad was able to leave his real estate company, where he’d been working 70 hours a week, to run his app business from his iPhone… in less than 5 hours per week. “Apps” are the new, new thing, thanks to major successes like Draw Something (bought by Zynga for $210 million) and Instagram (bought by Facebook for $1 billion), among others. Last but not least, don’t miss the competition at the end. Enter Chad Mureta
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