[jcfrei]

you forgot the most important step: be realistic! programming that app is gonna take months away from your spare time (if you really are starting from scratch) and your chances of actually producing a killer app are marginal. you gotta be aware that there are countless hours of unpaid work ahead of you, for which the revenue of your app is not going to account for.

I don't wanna sound like a disgruntled developer (I really am not), but it's important to know that most likely your expectations on this app are heavily biased - especially when you lack developer skills. when you decide to enter the app business, you have to be aware that you are competing in what is probably one of the most competitive markets in the world, with very smart people from all over the world trying to monetize their apps. if this doesn't curb your enthusiasm then have a go at it - godspeed!

[zmitri]

You are right on. 3 months for me to go from no ObjC experience to app store, another 5 months to get to 50K users, still no revenue, still no "seed" round. You need to be in it because it's what you really want to do.

[bendog24]

Your own desire (financial or otherwise) is absolutely key. It's an extremely competitive landscape, but the barrier to entry is low compared to other industries. You can do quite a lot on your own with an investment of mostly time and energy.