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Business Validation as a Service

Surge5x

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Isn't the job of the potential founder to do exactly what you have done? How do your clients get any new insights?! You basically only provide information that is common knowledge.

Why don't you offer a different kind of service? E.g. the creation of a valid business model (e.g. Business Model Canvas; Every time in a fixed scheme)? This would provide a little more value. But its just a thought!

Fair point man, but having worked with early stage entrepreneurs for over 3 years now, it’s surprising how many of them don’t know how to do it properly or simply don’t do the research diligently.

But thanks for your suggestion; I’ll have a think on it
 
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D

Deleted50669

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Isn't the job of the potential founder to do exactly what you have done? How do your clients get any new insights?! You basically only provide information that is common knowledge.

Why don't you offer a different kind of service? E.g. the creation of a valid business model (e.g. Business Model Canvas; Every time in a fixed scheme)? This would provide a little more value. But its just a thought!
The app I'm currently working on automates most of what you've listed. Coming in June.
 
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Deleted50669

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Wow! As in the process of collecting the data and consolidating it? Would love to hear more and be a potential alpha tester if you’re ok with it.
I'd be happy to have you involved in the beta, since the alpha is being done with a small in-person group in a couple weeks. I can't spill too many details just yet, but I think our ideas are different enough that we aren't direct competitors ;)
 
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Surge5x

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I'd be happy to have you involved in the beta, since the alpha is being done with a small in-person group in a couple weeks. I can't spill too many details just yet, but I think our ideas are different enough that we aren't direct competitors ;)

Sounds good and good luck!
 

Jeff Noel

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I loved the last parts of the report. Although for that price, I felt like it cut short. I can't tell what's missing, but I feel like there should be an ending, perhaps offering connections/details with related services linked to the report or possibility to gain more insights on specific elements of the report, like you did for the airport space rental ?
 
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Surge5x

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I loved the last parts of the report. Although for that price, I felt like it cut short. I can't tell what's missing, but I feel like there should be an ending, perhaps offering connections/details with related services linked to the report or possibility to gain more insights on specific elements of the report, like you did for the airport space rental ?

Jeff thanks for taking the time to look it over! When you say it cut short do you mean some sort of takeaway was missing? Like when you finished it, you were like "hmmm, ok now what?" - If that's the case then maybe I could also include a "Next Steps" section that lays out what the immediate next 3-5 tasks should be for the entrepreneur?

And it's interesting that found the last parts most helpful; the majority of my time on this was spent getting reliable and accurate data for the terminals (you'd think it was easy for an airport like JFK!).

I didn't mention this in the earlier post but during the initial call with the client I ask them which parts the business they need the most help on - in this case if it was actually approaching the airports - I would have dug deeper in to it and provided a list of agents, brokers, contacts in these businesses to make the process easier.

Again, thank you so much for the feedback! I'm going to continue to iterate with the new clients I've signed on this week and post some more polished up samples here which incorporate everyone's feedback!
 

Jeff Noel

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Like when you finished it, you were like "hmmm, ok now what?" - If that's the case then maybe I could also include a "Next Steps" section that lays out what the immediate next 3-5 tasks should be for the entrepreneur?

That would be great. I would also add a footer with some contact information to keep in touch with you at the end - Just in case the entrepreneur takes a look at your report again a couple of months later and wants to contact you again.
 

Surge5x

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That would be great. I would also add a footer with some contact information to keep in touch with you at the end - Just in case the entrepreneur takes a look at your report again a couple of months later and wants to contact you again.

Very valuable. Thanks man!
 
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deepestblue

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The fact that you produced a sample report shows that as you know, you are in fact very serious about this; this is something most would not do.

A closing summary would be beneficial. A rigorous financial analysis would be of help to a client. A dive into the specific profit centers, SG&A, OpEx and margins for other pod companies; loose projections, and all of that.

The references and links were good; the information was good; I realize this was a sample, in a client report as another poster alluded to it'd be beneficial if the sections were to be more fully fleshed out.

Of course the most valuable feedback you're going to get is from your paying clients.

Keep at it and best wishes!!!!
 

Surge5x

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The fact that you produced a sample report shows that as you know, you are in fact very serious about this; this is something most would not do.

A closing summary would be beneficial. A rigorous financial analysis would be of help to a client. A dive into the specific profit centers, SG&A, OpEx and margins for other pod companies; loose projections, and all of that.

The references and links were good; the information was good; I realize this was a sample, in a client report as another poster alluded to it'd be beneficial if the sections were to be more fully fleshed out.

Of course the most valuable feedback you're going to get is from your paying clients.

Keep at it and best wishes!!!!

Really appreciate the advice here! And it mirrors the feedback I've gotten from my paying customers (just 3 so far), time to get at it!

Do you have a dummy idea I could go after? Would like to try building out this fleshed out version from an idea that comes from this forum.
 

biophase

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Here's a random one for ya: I want to rent a retail space at JFK International Airport and fill it with small "pods" that overnight/layover travelers could rent by the hour instead of having to leave the airport and rent a hotel. Basically something like this: Lengthy Airport Wait? Catch a Nap at a Pod Hotel

Is this a viable business idea in this particular location? Is there enough demand for such an offering? How would I even go about launching such a business?

Was talking to a friend and she mentioned this out of the blue.

Minute Suites - The Traveler's Retreat
 
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