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YOUQUERIST

Online platform for individual professional consultations

Ukraine, Kyiv city
Market: Internet and IT, Consulting, Services
Stage of the project: Prototype or product is ready

Date of last change: 22.11.2020
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Idea

We link the confused QUERISTS with appropriate EXPERTS helping individuals to get affordable professionals consultations

Current Status

Working prototype. 20.10.2020 we have got 1115 QUERISTS (sub-clients) and 396 EXPERTS (clients) all over the world, including USA, Canada, and UK. 21.11.2020 - 1277 QUERISTS and 477 EXPERTS.

Market

PAM (Potential Available Market of Consultancy Services Worldwide) - $500B
TAM (Total Addressable/ Available Market of Professional Consultancy) - $300B
SAM (Serviceable Available Market of Individual Professional Consultations) - $1B
SOM (Serviceable & Obtainable Market / Share of Market of Individual Professional Consultations via the Online Platform) - $100M
SOM/SAM – Initial Target Market Share of the Service will be about 10% of available market

Problem or Opportunity

Suppose an individual is looking for a solution to a complex question. There is a problem that (1) the ways to find the qualified answer/solution to a complex question are COMPLICATED, since the answers he/she gets from the search engines and social networks are shallow and unreliable. The individual needs to find a competent professional able to solve his/her problem, but (2) self search for the appropriate expert-consultant is DIFFICULT, as (3) the competent experts-consultants are NOT COLLECTED in one place. Besides, (4) it is CRUCIAL to ensure the balance between cost and quality of individual professional consultation.

Solution (product or service)

A new online platform www.YOUQUERIST.com where people with questions (QUERISTS) can place their questions/queries/problems and get from appropriate consultants (EXPERTS) the qualified answers/solutions in the form of affordable payable individual professional consultations.

Competitors

There are many Q&A sites and JOB OFFER services and experts network alternatives for professionals and freelancers with different business models (e.g. Upwork, Quora, Fiverr, TopTal, GLG, LinkedIn, Zintro, Answers, PeoplePerHour, etc.) The Upwork is closest to us.

Advantages or differentiators

As a marketplace for individual professional consultations we are not going to copy any competitors’ products. Our Unique Value Proposition is to deploy the global web-service which would be designed for general public and operate with QUERIES (questions/problems) of QUERISTS in the way to facilitate getting, by most affordable manner, individual qualified answers/solutions by attracting competent EXPERTs on paid basis. YOUQUERIST=QUORAxUPWORK for individual payable professional consultations.

Finance

We need $100K to bring the project to MVP. The detailed Financial Model for 2021-2025 is readily available (upon request).

Business model

We are eager to be recognized as leading FREEMIUM service with regard to individual professional consultations in different fields of expertise. The service will be free-of-charge for all regular registered users. The Business model is based on (1) semi-annual premium subscription for registered experts, and (2) revenue share as commision for performed deals. Besides, we see potential revenue from placing advertisement at the platform. The detailed projections are available upon request.

Money will be spent on

The attracted investments of $100K are going to be spent on: (1) Marketing & Logistics - $50K, (2) Web-site Design & Software Development - $30K, (3) Legal Support - $18K, and (4) Domain Name & Website Hosting - $2K.

Offer for investor

We are ready to offer to investor 5% share for $100K funding to bring the prototype to MVP.

Team or Management

Risks

We are flexible and agile responsive to risks. The Risk Assessment and the SWOT Analysis are readily available upon request.

Incubation/Acceleration programs accomplishment

This is the first time we apply for an incubation/acceleration program.

Won the competition and other awards

We have not participated in any competition yet.

Invention/Patent

Pending
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video