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Vasanth Vara

Hey I am on Medial • 1y

Hello, I’m Vasanth. I have a startup idea where I glad to receive your insights about the idea please feel free to share your comments. Idea is to develop an innovative platform designed exclusively for skilled laborers in the construction industry.

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Sandesh K R

Technical Designer a... • 1y

Hi Vasant There is a platform on similar line. My POV is definitely TAM is very small. But what's is the revenue model, if it is pre - paid model as in contractor / labour has to pay to get the contacts - very difficult to survive because labour can't affor and contractor doesn't want to pay. Next biggest block - training the labourers to use the app - smartphone and basic education is important, this will be very difficult to get the labours on board. Since most of the labours are daily waged they definitely can't afford a days loss for training and interaction. One more concern for the contractor - loyalty, what if the labour leave the work halfway owing to better opportunity, how will your take responsibility on that, will there be a clause or aggreement on the same? Also most of the labours will be working with single builder/contactor - bringing out from there is a pain Also I don't see recurring business, once labour/contractor gets the contact they won't come back again

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Vasanth Vara

Hey I am on Medial • 1y

Hello sir, thank you for your insights. 1. Regarding the revenue model, to be honest I have no idea where I could generate revenue on this idea. But on discussion with my friends I had a picture of doing it in this way: You being a company gng to close a contract with the builder I have suggested so the revenue for this idea is based on contract basis. Let’s say the builder is closing contract at 49lakhs, since we the platform made this contract to get done at that price we are going to charge on this contract closure basis which is gng to be our revenue. 2. Training labourers - Sir, tbh when Uber, Rapido, Ola had arrived have ever seen an auto driver with smartphone before these gigs entered into the market? But eventually drivers made a habit of learning on self basis or campaign Connection basis (Ex: Uber connections, a bike with a banner stands to connect people who want to start bike services right!) which we can see on road even today.

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