Loading...
Answers
MenuHow would you monetize this idea?
I want to start a platform that helps teens and young adults prepare to navigate the real world - from filing taxes to job interviews, health insurance, renting/buying a place, saving for retirement. We will partner with relevant companies offering insurance, banks, career prep etc. I suppose this would be an affiliate scheme? Or pay to list?
Just wondering if there's another way to monetize? Like partnering with companies or unis?
Answers
I would not monetize this idea at first. I feel your platform needs to be able to provide this service prior to trying to charge companies to list their services. I feel this way for two reason, I as a customer would not trust the platform as I would believe that it only exists to pressure me to contract the services of the companies that paid to be there. I as a company would not want to put my company's reputation at risk prior to the platform having a good reputation on the market.
I agree with many of the previous comments with one caveat - if you can find a dedicated population to sell this to and make the content specific to them, it could a scalable idea. My first thought was this would be a compelling educational platform for foster youth that could be monitized through local and federal government contracts. Create the platform, prove the concept (by offering content for free and getting users) and then partner with an enterprise or large entity. Good luck!
Hello. Interesting idea. Partnering with companies and universities is certainly a good option. However I think that although you are catering to young adults, your target customer are parents of these young people since parents are the one who will have a huge influence in decision making process. So, keeping that in mind, you could also partner with banks where most of the young people open their accounts or with big MNC's where people work. A lot of MNC's have childcare companies tied with them so that their young parent employees could benefit from the services. Interesting idea indeed! Maybe we can have some more discussion to generate more details.
P.S: I am new to this platform but old with my skills.
you have a good idea but that is not what will make you enough money. do you consider providing such services and for people who want to live in the USA I think they would find a much larger range of people.
I would be assist you with the organization of your business and promotion. Of course, the marketing plan would be free for the next 6 months.
Does my offer sound good for you.Request my call
Already doing this on my YouTube Along with many others.
If you can take a discount from your partners (insurance and so on) you can sell the subscription to you customers that will save their money due to discounts on your platform.
Hello,
Hope this answer finds you well and Safe,
This is certainly a good, scalable and sustainable idea, that can be monetized in several ways and through different strategies, however, these strategies, their timing and implementation are subject to several variables, of which, the different products, their segmentation, the platform, the market, and maturity of the project.
To better advise you, it would be great to know where you are now in the project, at what stage, and the resources you have allocated for it.
Should you choose to take it further, I can assist you, all the way from where you currently are , till monetization and beyond, through analysis, marketing and business development strategies, monetization, market penetration and more.
And I decreased the call cost to about 2$/min
Good luck 👍
Ultimately, it depends on what your strengths are, and what contacts, connections, resources, and levers that you can utilize.
There are a lot of different ways to monetize this. I would focus on one of the area first, and look to partner with a non-profit organization who has an aligned mission. Trying to cover Job interviews, financial education, Real estate, and investing is a big undertaking. Focus on one, gain traction and expand.
For financial literacy, organizations like Junior Achievement have a local chapter with active programs in financial literacy for students. They also already have existing relationships with local banks, and big donors.
Non-profits are always looking for new programing and content. If you have the content, you can build a relationship with the non-profit where their corporate sponsors buy your programs at a wholesale rate, and your program is distributed through the reach of the non-profit.
The other option is to create micro courses for each topic, and create a monthly or annual subscription model to access all the courses. This turns you into a media company where you will need to be creating new content on a monthly or annual basis to provide continual value, and keep customers paying.
Happy to hop on a call and jam on any other ideas or angles that you think play to your strengths.
How to monetize + how to partner are 2x different activities.
To monetize, follow the https://Udemy.com model.
To partner, just get on the phone + start talking with people + companies.
All very simple. Just takes time + work.
Related Questions
-
If I have a business idea for a large company, how can I give it to them and mutually profit, without them just taking the idea and squashing me?
Probably not the answer you're looking for, but companies have so many unimplemented ideas that the likelihood of partnering to implement someone else's idea is really low. And besides which, the idea is not something that has much value in and of itself. If you're passionate in the idea, build it yourself. That's the only way you can have leverage.TW
-
What advice do you give to a 16 year old entrepreneur with a start up idea?
First, hat tip to you for being a young entrepreneur. Keep it up! If you have the funds to build out your MVP, hire a developer and possibly a mentor. If your idea is marketable, you don't need to give up equity by bringing in a co-founder. If this is your entrepreneurial venture, I would recommend you do retain a coach to help you see all the things you may not know. Have you already done your SWOT analysis? Have you identified your target market? What is your marketing plan? What will be your operating expenses? There are lots of questions to ask. If you would a free call, I'd be happy to help you in more detail. Just use this link to schedule your free call... https://clarity.fm/kevinmccarthy/FreeConsult Best regards, Kevin McCarthy Www.kevinmccarthy.comKM
-
What are the profit margins for high end home decor and furniture?
Hone decor / furniture industry is one of the highest profit promising industry today. The profit margins on home decor ranges from 20% - 45% depend on the price of the product. If you're looking to get quickly popular, I suggest you start with the online store and promote it on offline as well. Keep the margins low initially so that you can attract more buyers. As the business grows, reinvest the amount back on the business so that you can stock more varieties. All the very best.KK
-
What are some ways to make passive income?
After I sold my 2nd company (to Equifax) in 2011, like you, I was looking for a good way to capitalize on the knowledge I had. I'm a tech guy (i.e. developer). I worked for Oracle in the late 80s, then started an Oracle consulting firm (TUSC) which we sold in 2008. With TUSC I travelled to Oracle Users Groups around the world presenting on various topics. I wrote 6 technical books from 1997 through 2010. So I was interested in continuing to share the knowledge I had. In 2012 I started InteliVideo (www.intelivideo.com) to help provide an excellent way to make a passive income. We help people sell their digital products...from audio books to video lessons and more. We hear stories every day from our customers about how they are making an amazing passive income with our platform. It's SO much easier than writing a book and provides more information and a better learning opportunity for my customers. Best of luck with your passive income journey. It's a great dream that can become reality!BB
-
To make 50k per month, what are some proven online business models? Which niches have good potential for this?
I think you need to think outside the box. You can definitely make 50k a month but someone just giving you ideas is not going to help you. Remember Ideas are just 1% execution is 99%. Find something you're passionate about. Find a problem that people have daily that can be solved. But if you wan't ideas: E-Commerce is going to be really big over the net few years. Helping people increase their conversion rate will definitely make you over 50k a year if you can execute it right.AC
the startups.com platform
Copyright © 2025 Startups.com. All rights reserved.