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- Nov 17, 2022
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Quick preface, I love automation with a passion and genuinely feel like that's something I really excel in. I've always wanted to create workflows for local business to streamline their processes and help them focus on what they could provide value the most in. That's what I do for work at my current company anyway.
The one thing that never made sense to me was how I should go about monetizing it.
With other business like, lets say, lead gen, the idea is that you could get a portion of the leads you get in and that's how you could money with it.
But how do you do that if you're cutting down time spent in a business? I get that it is a valuable skill but isn't this particular type of value defined by the customer then? For eg: if they think they're time is worth 10$/hr and if I cut down 10 hours of their time, they get to decide what I can charge which would be 100$ (plus whatever I'd want the profit to be for the service). Does this make sense or do I have the complete wrong idea of value based business?
I got in touch with a therapist (from India) who was complaining about how much time she wastes on manual work. Immediately saw the opportunity to make her life easier and even created test workflows which eliminate 25 hours of her time on a monthly basis.
I was thinking of 50 $ / month subscription, free additional bug fixes, troubleshooting and maintenance. Additional costs for adding more workflows.
Would really appreciate your insights here.
The one thing that never made sense to me was how I should go about monetizing it.
With other business like, lets say, lead gen, the idea is that you could get a portion of the leads you get in and that's how you could money with it.
But how do you do that if you're cutting down time spent in a business? I get that it is a valuable skill but isn't this particular type of value defined by the customer then? For eg: if they think they're time is worth 10$/hr and if I cut down 10 hours of their time, they get to decide what I can charge which would be 100$ (plus whatever I'd want the profit to be for the service). Does this make sense or do I have the complete wrong idea of value based business?
I got in touch with a therapist (from India) who was complaining about how much time she wastes on manual work. Immediately saw the opportunity to make her life easier and even created test workflows which eliminate 25 hours of her time on a monthly basis.
I was thinking of 50 $ / month subscription, free additional bug fixes, troubleshooting and maintenance. Additional costs for adding more workflows.
Would really appreciate your insights here.
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