Would you pay $100 for one time advice for your startup?

#1

Post by vishalchandra » Wed, Jul 11, 2018, 2:05 PM UTC

It’s helpful to get feedback and advice for your startup to help bypass blind-spots, open up the mind etc. Which is why mentor hours are also popular.

Quora and other discussion forums are fine for generic advice, but less helpful for advice specific to your scenario.

So would you pay $100 for a one-time (somewhat detailed) answer to your problem/ question? Assuming it came from experienced entrepreneurs (10+ years exp).

Re: Would you pay $100 for one time advice for your startup?

#2

Post by vishalchandra » Wed, Jul 11, 2018, 2:07 PM UTC

The advice may be related to product, technology, sales, marketing, fund raising, hiring, operations, etc

Re: Would you pay $100 for one time advice for your startup?

#3

Post by mikece » Wed, Jul 11, 2018, 2:07 PM UTC

Without hesitation, yes.

Re: Would you pay $100 for one time advice for your startup?

#4

Post by BartStevens » Wed, Jul 11, 2018, 2:09 PM UTC

If it would mean to sign up your first (or n') customer? Absolutely!!

Re: Would you pay $100 for one time advice for your startup?

#5

Post by gt2 » Wed, Jul 11, 2018, 4:32 PM UTC

Definitely. I think it will be important to clearly show the expert's identities.

Re: Would you pay $100 for one time advice for your startup?

#6

Post by rpeden » Wed, Jul 11, 2018, 6:34 PM UTC

To be entirely honest, I probably wouldn't because if someone is asking me to pay them for advice on how to improve my business (a.k.a. consulting), I'd wonder why they're only charging me $100.

This seems like one of those areas where charging more would be a signal of value and competence.

My answer might be a bit North America-centric, though. I'm not sure how business advice of this type is viewed elsewhere in the world.

Overall, I think the idea is a useful one. But if you're giving good advice, $100 might be under-charging for it.

This interview comes to mind: https://www.kalzumeus.com/2012/09/21/ramit-sethi-and-patrick...

Re: Would you pay $100 for one time advice for your startup?

#7

Post by kull » Wed, Jul 11, 2018, 8:08 PM UTC

Only If this is from a well know entrepreneur, manager or dev working for a big name / successful startup, somebody I heard on some popular podcast.