Monthly Goal #4: Starting a consulting business
So I've crossed off two of my five goals for this month (http://sebastianmarshall.com/community/what-are-aiming-to-get-done-in-october), and I'm working hard on the third right now.
That goal is to start a consulting business. (My long-term goal is still to build a product business, but I realised for someone in my position, a decent chance at building a $million company is better than a 1% chance at a $billion company). Anyway, since many in this community are successful entrepreneurs (and unlike Hacker News, it seems like there's more consultants here), it'd be awesome to get some advice from you clever people :)
So far, I've built a basic website: http://thectonetwork.com/ (note: please don't link this elsewhere just yet, I'm not ready to publicly launch), and recruited some of my smartest friends. Right now my focus is on testing out the concept with potential clients.
Some questions:
1. Does the basic concept make sense? (Allowing business guys with money to 'rent-a-CTO'). Is it something you'd use?
2. Some people have said I should do programming as well - be like a development agency that's focused on building MVPs for startups. Others say 80% of the value is from the advice, not the implementation. Thoughts?
3. Any thoughts on how I can reach clients? My target customers are ex-management-consultants and MBA grads who want to do a startup but don't know tech very well. Any thoughts on how I could reach these people? I have a few ideas already, but I'd love to hear more suggestions.
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