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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.

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 ca

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 cl

Sandesh K R

Technical Designer a... • 1y

Hi Vasant, I didn't understand these contracts closure thing, possible to explain bit? But my understanding is end of the day your platform works as a third party labour contractor, correct me if I'm wrong, If that's so you'll have to be the coordinator until the project gets completed, you'll have to be the bridge between labour and the builder. If either of them get the contact before the contract closed they no more need the platform, they can contact each other without the platform. Uber example is very great, but the thing with uber is the driver gets multiple rides in a day, but in your platform he'll need to use once or twice until he finds the builder and might not need to use until the project gets over, might take years. That is what I pointed out there is no reccuring business. It's totally dependent on the number of new users everyday

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Vasanth Vara

Hey I am on Medial • 1y

Sure sir, As u have mentioned, it’s absolutely true that they shouldn’t be contacted in prior, if so there is not point this platform. I totally agree. So, basically we have an interface for builders and companies. Companies post the requirement of their project and looks for dynamic builder with good portfolio. Now builders quote their quotation for the project on how minimal basis they can complete the project. Now since they are our registered customers, if the company is okay with one quotation he will finalize with that builder. Now we will have closure agreement for both with certain terms and conditions. Now based on it, builder have to complete project on given quotation. So for that builder one contract is done let’s say for 3 months. What next? We have to make sure he get another project. It’s more like we have to make sure he gets contract.

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