6 ms·
Business model that will change the world.. For homeless people.
GOAL: Give homeless people across the country signs that say "Fund My Startup: PayMeToShutup.com"<p>Increasing homeless people’s donations, getting them off the street.
VALUE PROPOSITION:
Homeless people see an increase in donations from businessmen and women reducing crime rates and homeless Americans.
REVENUE MODEL:
Individual will hold the sign and sing with the intention of having people pay them (USD) to be quiet.
TARGET MARKET: Financial Districts
GO TO MARKET STRATEGY:
Buy 1,000 “Fund My Startup: Pay me to shut up” yard signs.
Individual will sing loudly EARLY morning in train stations.
ROI: Good karma.
From the Hackers at http://fivedollarstartups.com/
- czbond 13y agoWhy not a Watsi for those without homes instead?
- growthhackar 13y agoWatsi could work also. Good call!
- mcintyre1994 13y agoHow much do you need to increase donations by in order to get them off the street? It might be worth buying the domain you want too. I took a look at the fivedollarstartups site too which I presume you're trying to promote here, there's a lot of blank space before your content starts. http://imgur.com/otjJMC2 http://imgur.com/otjJMC2 It's also not very clear to me what you're promoting, a quick skim suggests Twitter spam?
- growthhackar 13y agoSorry for the confusion. This is to quickly assess the viability of potential business ideas. We came up with a bunch of biz ideas then looked at which ones seemed compelling enough for people to both follow the Twitter account + give their email to potentially be converted into a paying customer in the future (if we decide to pursue the business). The point of the methodology is to not spend your time building an app/store/etc that no one is actually going to use. Instead you can quickly set up a Twitter account and a landing page and strategically get your one line biz summary (Twitter bio) in front of a highly targeted audience of potential customers to see how they react.