Joseph Hudicka needs to make about $999,500 more before he can claim the title of young millionaire, but he's still light-years ahead of his peers in terms of entrepreneurial success.
At the age of 8, Joseph has already joined the ranks of the tech elite: He has developed two applications for the iPhone. Pretty good for a kid who doesn't even own a mobile phone.
Joseph's first app, Puckz, went on sale in Apple's App Store in March. The game, which combines elements of chess and ice hockey, evolved from a homemade board game Joseph created three years earlier.
"I was getting bored with my other games and wanted to make my own," he says.
The explosive growth of mobile gaming inspired Joseph and his parents, Joseph Sr. and Lora, who live in Flemington, N.J., to translate Puckz to the iPhone platform, tapping mobile solutions partner [x]cube Labs to oversee the software development. Joseph supervised the creative process, suggesting color schemes, layouts and sound effects. And like every creative genius, he laments the technical limitations of the iPhone gaming experience. "I imagined Puckz in 3-D," he says.
Puckz successfully avoided the pitfalls of the notoriously labyrinthine App Store submission process, earning Apple's approval in just one day. Joseph's soccer-themed follow-up app, Goalz, spent several weeks in administrative limbo when Apple objected to its use of licensed trademarks. Even after Joseph removed the offending content, Apple still took its sweet time before lending its official endorsement in June. (Joseph's theory: "Maybe they slept in late and forgot about my app.")
As of the end of June, downloads of Joseph's two apps numbered nearly 800. After giving Apple its cut, he has netted $489. Joseph's parents gave him permission to buy an iPhone when his app sales reach the 1,000-download milestone.
Despite his early success in the tech world, it may be premature to pin Joseph as a budding entrepreneur. Right now, he's planning to make his mark as a professional hockey player--or maybe a pro bowler. Either way, life as a software magnate may not be in the cards, because, Joseph says, "I've already done that."
This article was originally published in the September 2010 print edition of Entrepreneur with the headline: An Early Run for Riches.
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Comments:
Exactly... and another article on this said that the cost of development was "under $10,000." I would not spend that money for someone to develop an app for my kid- I would get them a book on Objective-C and make them write it themselves.
I love seeing young people doing their best in business. I mean, think about it; how many other kids are talking about their own product? When all I see around me are college students just waiting to get their degree only to be hired and fired many times, reading about a kid making money on his own is extremely impressive. Guess I have to work on it myself!
Well the app was created from a game that he had already created offline. So I think it's impressive. Hey, any kid that has an idea for a new game instead of watching Spongebob - is impressive to me in this day and age:)
WOW!!!!!! WHAT A KID!!!!! good times :)
From the subtitle of this story, I thought the kid actually developed the app himself. Now that would have been impressive. Alas, the app was created by a professional company. The kid chose some colors and other superficial elements, which doesn't sound so impressive.