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Bootstrapping likely means outsized leveraging of knowledge with smaller amounts of cash focused on sustainability from the start. Maybe there’s a fintech type
by j45 4y ago
Bootstrapping likely means outsized leveraging of knowledge with smaller amounts of cash focused on sustainability from the start.
Maybe there’s a fintech type disruption on the horizon.
This would be a fun project to hack on with 5-10 skilled folks with complementary skills to cover the industry, legal, financial, operational and the hardware and software angles to see what might be possible today. There have to be folks with a lot of experience in Canada that might be worth seeking out before beginning that feel exactly like you do and I would say I do too.
How much cash investment would you start with?
I’d be curious to how easy it can be for a non technical consumer today to access an mvno service that is turnkey and sells 3-4gb a month tablet type data plan (currently $10-20/mo) that can handle calls and sms via a carrier grade voip for $20-30/mo might be an interesting. It’s not new, but it’s not always easy to setup unless you’re technical. Calls are secondary to data (WhatsApp calls) these days for many. Keeping it independent of one carrier doesn’t preclude the fact that existing carriers have likely dealt with this type of approaches before. But it’s ok to start and remain small and let growth be organic snarfed across multiple providers instead of one only.
There may be something at the convergence or combination of some of the existing approaches or new tech that might be ready for the mainstream..
- Building momentum by starting as a MVNO in a segment of the market where you can secure and build demand and grow services. There are some interesting data only services out there.
- Perhaps a LoRa play. Great range. There seems to be some interesting gear that will pair Lora via Bluetooth to any phone. Software might be needed. Maybe there could be Lora beacons to assist with coverage.
- What’s possible with other open spectrums? Are there other unused spectrums that could be used in interesting ways, for exa
- Begin with cheaper 3G and now 4g networks only like new providers.
- Wifi calling overlap / voip coverage.
- Could there be a way to setup a peer routing network between devices and to their internet connections?
- Crowdsource/coop/non-profit focused on revenue and sustainability but not paying profit to shareholders. Non profit corporations do not mean mean people can’t be paid extremely well for their work. Maybe there is a meaningful social entrepreneurship angle here. Might be some funding available too to provide access to those who are priced out of the market.
- Maybe there is a way to use the enhanced networking capabilities of Linux only phones, or alternative setups.
- neilalexander 4y ago> Perhaps a LoRa play Not even worth trying at all. LoRa link speeds will barely satisfy even the most frugal internet users, especially in a world where modern webpages can run into the megabytes.
- j45 4y agoThanks, I haven't worked with it. Messaging alone might be useful for some folks.