Bloggin internal news
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We hope to receive the US visa soon..
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Enjoy 🚀
PGF500 Team
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PGF500 has a token on the Ethereum network, called PGF7T, which you can use to pay for subscriptions and services within the PGF500 platform.
The token is on the smart contract 0x9fadea1aff842d407893e21dbd0e2017b4c287b6 ,
and the code is public at https://etherscan.io/address/0x9fadea1aff842d407893e21dbd0e2017b4c287b6#code
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Improve your life ♻️
PGF500 Team
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What’s your business model?
Here are some examples of business models in the tech space, each having different metrics you should be tracking.
🔸 Enterprise
You sell your software to other businesses on a single-license basis. These contracts have fixed terms and designated contract values.
🔸 SaaS
Here you’re selling cloud software-as-a-service through a subscription model (could be annual or monthly terms).
🔸 Usage-based
You’re billing your customer based on their usage of your product or service over a given period.
🔸 Subscription
A subscription company sells a product or service, usually to a consumer, on a recurring basis (monthly or annually).
🔸 Transactional
You collect a fee for enabling a financial transaction on behalf of a customer.
🔸 Marketplace
With a marketplace, you collect a percentage of the total transaction value in the sale of a good or service that goes through your intermediary platform.
🔸 E-Commerce
An e-commerce company sells physical goods online.
🔸 Advertising
An advertising company offers a free service to consumers and derives revenue entirely, or predominantly, from advertisers. Common advertising companies include social networks, content sites, and publishers.
🔸 Hardware
You sell physical devices to consumers or businesses.
Improve your life ♻️
PGF500 Team
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Your Business:
🔴 Idea
Do you have a good business idea?
Have you validated your business idea with users who will benefit from your solution?
Can you articulate your vision, value proposition, unique selling point and your “why”?
Are you ready to start designing your product or service and build an MVP?
🎯 Business Model
How are you going to make money?
Have you decided on a business model?
Can customers pay for your product?
Do you know your operating cost are so that you can plan a year ahead without financial worry?
🚀 Growth
Do you know how to market and find team?
Do you know where to find your customers?
Have you decided on a marketing channel and brand value?
Do you know your own superpowers and how to attract others to join your team?
💰 Fundraising
How will you fund your business?
Have you give thought to the different ways to fund your business?
Do you know what it means to bootstrap, getting angel money or Venture Capital?
Have you articulated your story in a concise 10 slide pitch?
Anne Cocquyt (Silicon Valley)
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Enjoy the journey ♻️
PGF500 Team
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