Short answer: of course you can! Anything can be a bayonets, the differentiation comes from the entrepreneur in securing that market. You have, in a microlevel, proved that there is a need and is just a matter of how big that market can be. What I would do, if in your shoes is keep the idea simp...
1. Have very high expectations that they will be your coach, not necessarily your friend (though many of my clients have become my friends, my first responsibility is to be their coach and focus on their business growth). 2. Ask around to the people you know who have a coach, Google "business c...
If you are conducting business then definitely open a business bank account for that. The primary reason is simply to have a separation of concerns. It's a huge hassle to have to have sort through a personal bank account to find all your business items when you need any kind of financial report...
The best thing to do to start any kind of sales or relationship building process with a Fortune 500 company is to recruit willing champions of you and your company. The good thing about Fortune 500 companies is that there are *lots* of people who you can potentially recruit. Many of them are ac...
I wrote an answer to a similar question today which you can find here: https://clarity.fm/a/2877 The one flaw to your current process is this premise: "Whereas, if I focused on a good idea the whole process of driving success would be easier." This - from my experience - is simply not the case....
Word of mouth is your best bet. You may need to offer a few low-cost sessions to start building that trust.
Crowdfunding for startups is a difficult task if there isn't a tangible product at hand currently. If he kept the funding on a personal level and only involved family and friends, then it could work, but that opens pandora's box of "borrowing" money from people you have a non-business connection to.
I am in Singapore, help many e-commerce businesses grow sales 5x to 15x last year. One major challenge to the growth is cash flow. There are many factors to look at and these 3 major areas are critical: 1. Cash flows - you need to study the cash flows patterns (short-term, middle-term, and lo...
You can always compete by offering something your competitor does not provide (either different products, different services, different prices, or different target market). Start by finding out what your customer needs - then build a version of your product. Iterate, iterate, and iterate.
You have two questions. One is how to actually establish a price or pricing plans, the other are tactics most useful after pricing has been established. I think Laura provides some great tactics around pricing but as I read her answer, I think it addresses the tactics part less than the pricing...