I have strong knowledge in the portfolio I am looking at as well as the ability to manage a team effectively. I am unsure about the idea since there are already so many big shot consulting companies. Would I be able to make it in this industry?
Trust me ..It is a blood bath...
Sites like freelancer have already capitalized the labor arbitrage business model..
I joined 2 groups but lacked motivation when it
The only way it would work is
1) Get higher in value chain - Management consulting , roadmaps etc. The labor arbitrage still works there ..
2) Cutting edge and non-commodity services like IoT, Cloud, Hardware
3) Niche technology like NLP (natural language processing), Machine Learning, Computer Vision etc..
Please don't start another website development company using PHP , net .. The world do not need one more..
You still want to start, better have a behance portfolio that is killer quality .. QUALITY IS NEVER CHEAP !!!
Need help in exploring option, feel free to place a call.. and if can'tr afford $, let me know.. will arrange a 30 free call..
If you eyed a software services niche with low competition, would be a good idea.
Also helps a lot to know the market, or connections
I am a passionate startup ex-founder and entrepreneur. I would need to vet the idea before giving you an answer. There are two items I need to better understand. 1) Is this a software and services company or 2) a Software-as-a-Service company. If it is #2, I can tell you that recurring revenue and the relationship to pricing is an extremely critical piece to your success. Also, there might be an option of a fremium pricing option. Just not sure what you are asking exactly.