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lstoops

posts: 8

Aug 20, 2008 12:34 PM ET    Quote  Report Abuse
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Hi all,

I have a business idea and I wanted to know what you think. I was thinking about creating a community/networking/directory/resource site for parents who have businesses. This site would educate, connect, and promote a parents` business. Kind of like parents supporting other parents by buying from other parents...if that makes any sense.

Any way, that`s the jist of it. Please let me know what you think. Thanks!
CraigL

posts: 9051

Aug 20, 2008 3:56 PM ET    Quote  Report Abuse
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It`s an interesting niche idea, but it would have be clearly focused on businesses that specifically connect parents to the business world.

For example, parents might start a daycare center business, or they might start a scrap-metal recycling business. In the former, there`s a stretch...but we could say the business is "parent oriented." The latter, however, could be started by anyone and has no particular meaning to parents.

Another parent-specific business might be homework tutoring. So the question is, how many people believe that a key part of the business mission requires them to be parents? Following that, how many parents believe that they`re restricted or have other particular problems starting a business only because of the fact that they`re parents trying to run a business?
lstoops

posts: 8

Aug 20, 2008 6:25 PM ET    Quote  Report Abuse
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I don`t know what you mean by it would have to be focused on businesses that specifically connect parents to the business world. I`m talking about creating a site where parents who also own businesses could connect and network. They could also advertise their services and products to  other parent business owners. The idea would be parent business owners helping other parent business owners. Does that make more sense?
stonesledge

posts: 1093

Aug 20, 2008 7:55 PM ET    Quote  Report Abuse
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I think if you can reach these folks, provide a valuable service and the offerors had good offerings, you could do well.
 
Erin


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Our Goal Is Your Success!
Founder Girls with Goals
googleguy

posts: 65

Aug 21, 2008 2:33 AM ET    Quote  Report Abuse
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Like Erin said......if you have something to offer parents who own their own business....... they will respond and make your idea successful.
 
My question is......aren`t most of us who own our own business parents also? I mean. wouldn`t that be a majority of business owners? I guess I`m not following how that is such a niche? wouldn`t single business owners be a more of a niche?
 
I suppose what you are trying to communicate is; you want to establish a network for people who have to deal with running a business and raising a family at the same time.
 
Anyway, here is an example of a similar idea, it is a website for women business owners. Maybe you can get some ideas.
 
 
best of luck and.....GO GET IT!!!!
 
 
googleguy8/21/2008 2:40 AM


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www.searchmarketingsystems.net
lstoops

posts: 8

Aug 21, 2008 8:08 AM ET    Quote  Report Abuse
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Yes, googleguy, you are correct in that I want to establish a network that will support and promote parent owned businesses. I`m primarily talking about small businesses like a Mom who has a baby clothing line or a Dad who has a consulting service. How to run a business and raise a family at the same time (while working out of your home). I also want to inspire other parents who would like to start a business, but do not know where to start.
 
I was thinking about creating a social networking site. That way other parent business owners can contribute directly with how to articles, real stories of struggles and success, etc. Just not sure how to go about it...
lstoops

posts: 8

Aug 21, 2008 8:09 AM ET    Quote  Report Abuse
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Oh and I`ll check out that women business owners site... thanks!

lstoops8/21/2008 8:11 AM
CraigL

posts: 9051

Aug 21, 2008 11:03 PM ET    Quote  Report Abuse
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....I`m primarily talking about small businesses like a Mom who has a baby clothing line or a Dad who has a consulting service. How to run a business and raise a family at the same time (while working out of your home). I also want to inspire other parents who would like to start a business, but do not know where to start.

That`s what I was talking about---having a "specialty" connection that particularly focuses on the connection between parents and business.

In other words, right now Kathy and I are starting a business, and we get a lot of support and help from Startup Nation. Our problems involve business issues, process problems, and putting together systems. Oh!....by the way, I happen to have an adult daughter.

I wouldn`t have any particular interest in your site, mainly because the fact that I have a daughter (or child) means zero impact whatsoever to the business, its development, and the problems or successes we`re having as we build that business.

However; in your above example, the fact of being a parent has a tremendous impact on developing and running the business. THAT would be your target market--not people like me and Kathy.

You`d want to find ways to specifically connect with people who a) are parents, b) are starting a business, and c) who are being heavily impacted by balancing both parenting and entrepreneurship.

The problem will be how to find those people, then how to make a site that`s interesting, useful, attractive to them, and eventually becomes very important.
CraigL2008-8-21 23:6:11
zlchamp

posts: 70

Aug 22, 2008 3:40 AM ET    Quote  Report Abuse
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Great input Craig & Googleguy.
 
Istoops - I get the general idea.  I think might want to give some thought to narrowing or refining your niche even further.  With so many communities popping up all over the place the key is for you to really understand exactly what value to are providing and exactly who you intend to provide it to.
 
As craig points out.  He is a parent business owner but is unclear about what value your community would offer him.
 
I am a business owner and have one kid in college and another in grade-school.  I do business on the internet every day.  If you were to invite me to the community I would want to know how I would benefit from participating.  In other words, what would I `get` that I can not `get` elsewhere.  This is often referred to as your Unique Selling Proposition (or Unique Value Proposition).
 
For instance, while not perfect, one of my businesses has the UVP:  "I provide baby-boomers looking to start their perfect business the processes and support for finding it" 
 
In my business plan "The Perfect Business" is clearly defined very specific result which is unqiue and valuable to this specific market niche.
 
The target market niche is not `everyone` looking to start a business, it is not even every baby-boomer who is seeking, it is every baby boomer who is seeking "the perfect business"
 
So, I love the idea of a community.  Communities are great.  I suggest youy play around with the what you provide to who and see what comes up.
 
By the way there is a really cool exercise I use for helping people break-through creative blocks.  Check it out. I think you`ll enjoy it.
 
 
Best regards,
 
Steve
 
 
 
 
CraigL

posts: 9051

Aug 22, 2008 4:18 AM ET    Quote  Report Abuse
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Steve, I`d also suggest that you`re clarifying your target market in your UVP by stating it`s designed around Baby Boomers. That carries with it an age group, a generational culture, a mindset, and a demographic trend towards aging. So just by using two words, you "shorthand" a tremendous amount of specific information.

"Parents," is too broad a scope. However, "Working Parents" would very definitely start to clarify a niche, and bring with it a common perception of not having enough time to be with the kids.

Using language, particularly since the Web is a text-based world in so much of the content, can help in lots of ways. So "A social network for working parents starting their own business" would provide a pretty narrow definition, right? And it wouldn`t set an age limit, either.
CraigL2008-8-22 4:19:21
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