Sounds wonderful. Well done. In order to find commercial viability (or a business model), it would be best to try answer the following question: which 'pain' / problem does your solution solve for people (or can solve for them with certain changes). For example: if there is a known problem/pain ...
China. Becuse there is no minimum capital requirement for setting up a Hong Kong entity, while Singapore requires a minimum of SGD 1
Thank you for asking this question! As someone who has owned multiple small-medium sized businesses, I know the importance of managing purchases in relation to cash flow. I prioritize the following when considering this question in relation to my own businesses. 1. Cash Flow-It is critical that ...
I used to design and manage complex business processes in the large BPO industry, I'm a fan of efficiency. After I left the industry I bought an offshore service based software development and digital marketing company that was probably pretty similar to yours. Fundamentally the best answer com...
There are countless competitors already to Teespring, what they do is not new nor did they invent a new way of printing for fundraisers. I think what you're suggesting will actually hinder you. The finite time limit creates scarcity and exclusivity. If you are a member of a group or organization...
If you're talking in terms of service-based work (freelancing, consulting, etc.), then ALL of sales should be based around the value you're creating for the client. If I build a new marketing funnel for a client and they see an extra 100 leads per month — assuming their standard conversion rate...
In my experience, no entrepreneur is fully prepared for the journey they are embarking upon when they start a new business endeavor. You simply can't have everything you need before you begin this journey. Being an entrepreneur is about being resourceful, or as Paul Graham puts it, being "relentl...
As someone who started out as a social media manager, moved up into higher-level content marketing strategy, AND hired SM help in the past... I have PLENTY of experience in this arena. 1. Bravo for understanding the importance of strategy before creation & distribution. So many business owners w...
If I go by your definition, I am getting the notion that by particular worldwide company you are referring to an MNC. You must understand few important things when it comes to MNC: A MNC is a company that does business in more than one country. Transnational company produces, markets, invests an...
It’s an interesting concept and the next step is to qualify it further with some market research. Where will you find your potential customers for services? My initial assumption would be in a relatively dense urban setting where people want to commute to work or school by biking, or otherwise ...