Table Colombia Challenge

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UserId	114
Business Name	Best Experts
Application Date	09/09/2019
Website	https://www.bestexperts.co/
Location Headquarters	CR 16 A NO. 86 A 42 bogota, bogota dc 110111 Colombia Map It
Legal Status	Incorporated
Core Team Languages	English Spanish
Contact Name	Patricia Helena Fierro Vitola
Email Address	Email hidden; Javascript is required.
Phone Number	573164704187
Problem: Describe the problem you solve.	There is not a TECHNOLOGICAL PLATFORM THAT JOIN COMPANIES AND EXPERTS to solve digital transformation requirements in one side CONSULTANTS work alone with these CONSEQUENCES Manage just a single business opportunity. High costs for commercial work. Self support and self learning. Multiple sources of income not related to their expertise are used (Teaching, selling consumption products, multilevel businesses,). Not to use management platforms for opportunities due to high investment costs. Operative work, more than strategic and networking work On the other side SMALL AND MEDIUM COMPANIES Features Ignorance of the digital transformation lack of resources planning to invest on digital transformation process Competition for price and not for value proposition Operational work rather than strategic Performing manual tasks that decrease productivity Employees with poor knowledge and digital talent Do not invest in technology because of fear or ignorance Traditional business and little or nothing disruptive They do not develop innovative business models Managers are responsible for doing more than planning They do not have resources to hire consulting consequences Loss of money due to lack of long-term planning Bankruptcy in early stages, less than two years since its foundation
Solution: Describe your solution and product road map	ON THE COMPANIES SIDE An affordable, easy to use and cost-effective ONLINE PLATFORM, where SMALL COMPANIES CAN find the expert that they require TO SOLVE ITS DIGITAL TRANSFORMATION REQUIREMENTS ON THE EXPERTS SIDE An affordable, easy to use and cost-effective ONLINE PLATFORM, where EXPERTS can obtain greater visibility, more business opportunities, knowledge of value, learning, growth and powerful networking. WE are building the "UBER" of digital transformation, because the business models is based on negotiations closed on platform between experts and companies
Market opportunity: Describe the opportunity. Include global market size, trends and risks.	for experts the segment üExperts in some discipline üMore than 10 years of experience üpeople or companies The majority of independent professionals are held by Brazil (50%). It is followed by Argentina (13%) and Mexico (12%) while 25% is divided between Peru, Uruguay, Chile, and other countries. Among respondents, the main segmentation is between freelancers (42%) and entrepreneurs (11%). The numerical gap is basically because entrepreneurs usually dedicate all their time to their project, unlike freelancers where almost half work part-time and 33% also work in a dependency relationship. In Colombia about 9.6 million self-employed for companies üPublic and private organizations Main Segments: üMicro to small businesses üMedium businesses üLATAM According to Confecámaras data, which groups all the chambers of commerce in the country, there are approximately 1,500,000 micro, small and medium enterprises in the Single Business Register -RUES
Competitive Advantages: Describe your top competitors in Colombia and globally. Remember that there are direct and indirect competitors, so include both if relevant. Enumerate and explain your main competitive advantages. Include IP protection.	CONSULTANT COMPANIES. The main body looks for business opportunities according to their condition and needs and invites some of its members to participate depending on their needs Some members take advantage of the relationship between them and generate specific opportunities without rules. Some of them don’t involve until results consequences Growth is limited to the interests of the lead agency The meaning of networking meetings eventually lose interest. There is not a really collaboration between team members. There is no sense of belonging
Market fit: Describe how much your solution has been validated by potential customers and provide references that have tried or reviewed your solution.	WE HAVE A VMP in testing since may for 12 experts and 3 companies, we have found anothe company in Australia event
Strategy and plans: Explain your business model and go-to-market strategy. Include partnerships you are considering and your key performance indicators.	VALUE PROPOSITION üHave recurring and incremental incomes. üExpand business opportunities. üStrengthening as a professional. üBuild a high quality professional team. üHave greater organizational support. übecome visible as an expert üparticipation in fairs and congresses VALUE PROPOSITOM üaccompaniment with results üOnly one sponsor üsolution agnostics üEasy and cost-effective access to experts PARTENRSHIPS AS FEDESOFT, CAMARA DE COMERCIO DE BOGOTA
Team: Describe your main team and ownership. Include brief bio of team members.	THE FOUNDERS PROFILE O N THIS SESION www.bestexperts.co/funddores
Financials and Capital needs: Provide 3 years projections. Describe main milestones to be reached.	we need Funding: $300.000 ROI 57% breakpint year 4
Do you believe your business has an impact on your community? If so, how? This could mean an impact on your employees and their families, the people receiving your services, or the city/region overall by providing a service for the environment, health, or resilience, for example	we are going to impact the economy because will help small and medium companies to survive y this happen families will have an opportinity to continue working. Companies will recieve our help to be sucessful and susteinable on the future On the other hand, we support EXPERTS on this bussiness, promoting COLABORATIVE ECONOMY WORK and all that ins on eh VALUE PROPOSITION a couple of questions before
EntrepreneurId	348
ProjectName	Best Experts
Status	Enviada