Er... You don't require investors, you require customers. I know many people running this type of business. Startup cost is $0. Well, whatever your site hosting costs every month. Best starting point is just to research other Medical + Dental Tourism companies. Clone what they do. Pay your ...
Read the book "Blue Ocean Strategy" - helps you find latent customer needs, bigger competitors might not address
As a FIFA Intermediary myself, B/R is all over social media. Instagram, Twitter, Snap, you can log in with your Facebook account. So it's fair to argue to have an expansive platform. They like platforms in the same ilk like S/B Nation, have grown from the fringes of sports reporting through using...
Honestly? Me. Admittedly, my focus is very narrow -- brand names and domains. But I see an appalling number of good startups begin by blundering in that narrow little area I know. Just as many get it right; yet even the fortunately named sometimes just luck out, without really thinking things...
I'm reading a book called, "Disciplined Entrepreneurship: 24 Steps to a Successful Startup" written by Bill Aulet. The 24 steps are broken down into six categories: 1: Who is your customer? 2: What can you do for your customer? 3: How does your customer acquire your product? 4: How do you make ...
One is a SERVICE. Services sometimes have issues with profitability when scaling. You end up managing people and profit margins stay the same or decrease. The other is a PRODUCT. Products generally scale better as the cost of product remains more or less the same (COGS). Many people start cons...
If business model was all about "revenue" then you could have hit somewhere on the dart board. However, if you've passed the information to your friend under the hashtag "Business Model" then I would like to ask "What's the business idea?" I am a bit perplexed to read your suggestion about tradi...
At the agency I started, we tackled this by working toward higher visibility in the industry. For example, when I was growing the agency years ago, I wrote articles for sites like Smashing Magazine, Nettuts, CSS-Tricks, and so on — this granted authority and presence to my agency. Then, my team ...
The business model should (in most cases) adapt to your product. No the other way around. I wrote two examples of how companies should adapt their monetization strategy to what their customers actually want the product to do, and not the other way around. You can read them here: https://medium.c...
Read the book What Would Google Do?! Their business models peaked at the right times and their brand is sticky because the technologies work. They make the complicated world of information on internet simple to navigate. Like the Apple products, it is a tool that anyone can use and feel good...