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Wiggles88
United States52 Posts
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jeeneeus
1168 Posts
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Wiggles88
United States52 Posts
On March 31 2011 17:43 jeeneeus wrote: Sounds like a great idea. Do it. Don't let anyone stop you. Thank you jeeneeus.. I have been working on this idea and website for the past month, many days without sleep. I will keep on keeping on! | ||
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ibutoss
Australia341 Posts
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Wiggles88
United States52 Posts
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redFF
United States3910 Posts
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Cow
Canada1104 Posts
On March 31 2011 18:04 Wiggles88 wrote: + Show Spoiler + I have over $500 invested in the website. I have at least 80 hours of research and work done in the past 5 weeks. I have 4 teams who have partnered with me: tQ, REQ, tG, and Beercraft. They will all be coaches. I have over 40 confirmed coaches already. I have literally pulled about 6 all-nighters in the past 2 weeks on this site. I have excel spreadsheets full of data, contacts, and graphs. I am developing a legitimate 30+ page business plan which will be completed at the end of April as it is my final for my Entrepreneurial Finance class. I can keep going, but I think I've already shown i'm DOING more than you think. Sounds like you've poured quite a bit of work into this, keep it up. It's a great idea, and it'd be fantastic to see this idea come to fruition. | ||
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Wiggles88
United States52 Posts
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lac29
United States1485 Posts
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kAra
Germany1453 Posts
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Wiggles88
United States52 Posts
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Navane
Netherlands2761 Posts
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Tschis
Brazil1511 Posts
But you have to give a good amount of attention to the point system, since it looks like a lot will run around them. Must have 24/7 active moderators on forum to stop spamming in order to gain points. The selling points idea sounds really nice, but I don't know if it will work since you can get them for free just by posting. I think you have to give some attention to this matter, I mean, balance how many points will be needed for a session, and how much the points will cost (if bought). //tx | ||
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Wiggles88
United States52 Posts
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TheAldo
United States214 Posts
Couple questions: Are you planning to use the Chris Anderson "Free" type model where everything is free but you sell ad space and offer a premium option to get rid of ads. How much will points be worth? It is not good enough to say you are doing something for the community, you need to be able to monetize it. Are you actually coding the website or did you outsource it? | ||
tofucake
Hyrule19254 Posts
Also, one of the benefits of scheduled coaching is that a coach can learn a student quite well in terms of their strengths and weaknesses. With a random coach you'll have fairly generic advice that can't build upon previous sessions. | ||
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Velr
Switzerland10950 Posts
NEVER post about something like that before it's ready... At best you will get compliments or at least "no flames". At worst you your idea will get stolen and done "quicker" by a more ressourceful entity. | ||
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Wiggles88
United States52 Posts
On April 01 2011 00:06 Velr wrote: Simple advise: NEVER post about something like that before it's ready... At best you will get compliments or at least "no flames". At worst you your idea will get stolen and done "quicker" by a more ressourceful entity. I am near completion and will be launching soon, so I've basically waited until now to get community feedback on a public basis. Thanks for that advice Velr! | ||
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Noxie
United States2227 Posts
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aiuradun
Denmark115 Posts
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Wiggles88
United States52 Posts
On April 01 2011 00:03 tofucake wrote: I've never been a fan of sites that require you to do things to regularly get what they are providing. Imagine if TL required you to post to be able to watch TSL. That would suck. Also, one of the benefits of scheduled coaching is that a coach can learn a student quite well in terms of their strengths and weaknesses. With a random coach you'll have fairly generic advice that can't build upon previous sessions. tofucake, Acquiring points through forums, polls, contests, leaving feedback, essentially being active, is not intended to be the primary way people will acquire points. It will be an incentive/award for those who do. I agree and thank you for your advice on personalized sessions. I am working on a way for coaches and students to have repeat/private sessions as well. Also, each coach will describe their specialties which will help students when choosing a coach. | ||
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Wiggles88
United States52 Posts
On March 31 2011 23:48 TheAldo wrote: Great idea. Couple questions: Are you planning to use the Chris Anderson "Free" type model where everything is free but you sell ad space and offer a premium option to get rid of ads. How much will points be worth? It is not good enough to say you are doing something for the community, you need to be able to monetize it. Are you actually coding the website or did you outsource it? TheAldo, Initially, coaches will help me recover my costs. Eventually I would like to operate on primarily ad space and donations. Points will be worth a set amount. 10 points will = $1 USD. Coaching will start at 70 points ($7) per hour. I've got it all planned out and it will be very reasonably priced, and at the same time it could very well be free because I will have many ways to acquire points besides paying =) Top 3 coaches per month will receive bonuses, which gives them incentives to do well too! I am both outsourcing and have friends who design. | ||
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infinity21
Canada6683 Posts
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Wiggles88
United States52 Posts
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TheAldo
United States214 Posts
You know how most hair salons work? You rent out the seat each month and use the tools given to you buy the hair salon to run your business (scheduling and the such). Basically the hair salon creates the infrastructure for the stylists to run an efficient business. What about if you did a coaching site like that? Coaches pay you a percentage for using the scheduling and the rest of the infrastructure, they don't have to deal with that hassle and just have to coach. Is that kind of what you are thinking? | ||
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Wiggles88
United States52 Posts
On April 01 2011 01:03 TheAldo wrote: I'm just going to throw this against the wall. You know how most hair salons work? You rent out the seat each month and use the tools given to you buy the hair salon to run your business (scheduling and the such). Basically the hair salon creates the infrastructure for the stylists to run an efficient business. What about if you did a coaching site like that? Coaches pay you a percentage for using the scheduling and the rest of the infrastructure, they don't have to deal with that hassle and just have to coach. Is that kind of what you are thinking? I wouldn't want to give everything away now would I ?  To answer your question, yes. | ||
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spacemunkee
United States51 Posts
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spacemunkee
United States51 Posts
On April 01 2011 00:48 Wiggles88 wrote: TheAldo, Initially, coaches will help me recover my costs. Eventually I would like to operate on primarily ad space and donations. Points will be worth a set amount. 10 points will = $1 USD. Coaching will start at 70 points ($7) per hour. I've got it all planned out and it will be very reasonably priced, and at the same time it could very well be free because I will have many ways to acquire points besides paying =) Top 3 coaches per month will receive bonuses, which gives them incentives to do well too! I am both outsourcing and have friends who design. | ||
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ggofthejungle
Romania392 Posts
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Zefa
United States297 Posts
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TheAldo
United States214 Posts
On April 01 2011 06:33 spacemunkee wrote: Just wanted to add that while some may express concerns about your type of model here, this model has been shown to work. One web app that uses this model successfully is forrst.com. They use Acorns that can be earned by activity to allow you to invite other members or promote your projects through Forrst. You can also buy acorns. Very similar, so I would say give it a shot. The best thing about web business models is things can easily be tested and changed. Oh no, I wasn't really expressing concerns just curious more than anything. The only concern I would have is people abusing the system by trolling and spamming and not adding anything of worth. However do yourself a favor and don't answer how you will handle that. | ||
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Wiggles88
United States52 Posts
Thank you, I will contact Emythrel and see what opportunities may exist between us. ggofthejungle, Yeah, definitely. I've got it all mapped out and almost finished, just adding some final edits to the site. Thanks Zefa! | ||
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