Would you pay $100 for one time advice for your startup?

by vishalchandra on 7/11/2018, 2:05:04 PM with 6 comments
It’s helpful to get feedback and advice for your startup to help bypass blind-spots, open up the mind etc. Which is why mentor hours are also popular.

Quora and other discussion forums are fine for generic advice, but less helpful for advice specific to your scenario.

So would you pay $100 for a one-time (somewhat detailed) answer to your problem/ question? Assuming it came from experienced entrepreneurs (10+ years exp).

  • by rpeden on 7/11/2018, 6:34:11 PM

    To be entirely honest, I probably wouldn't because if someone is asking me to pay them for advice on how to improve my business (a.k.a. consulting), I'd wonder why they're only charging me $100.

    This seems like one of those areas where charging more would be a signal of value and competence.

    My answer might be a bit North America-centric, though. I'm not sure how business advice of this type is viewed elsewhere in the world.

    Overall, I think the idea is a useful one. But if you're giving good advice, $100 might be under-charging for it.

    This interview comes to mind: https://www.kalzumeus.com/2012/09/21/ramit-sethi-and-patrick...

  • by kull on 7/11/2018, 8:08:27 PM

    Only If this is from a well know entrepreneur, manager or dev working for a big name / successful startup, somebody I heard on some popular podcast.

  • by vishalchandra on 7/11/2018, 2:07:08 PM

    The advice may be related to product, technology, sales, marketing, fund raising, hiring, operations, etc

  • by gt2 on 7/11/2018, 4:32:25 PM

    Definitely. I think it will be important to clearly show the expert's identities.

  • by BartStevens on 7/11/2018, 2:09:54 PM

    If it would mean to sign up your first (or n') customer? Absolutely!!

  • by mikece on 7/11/2018, 2:07:32 PM

    Without hesitation, yes.