Slack

Analysis – Owned by Salesforce and is a non profitable company. Slack is one of the biggest companies that we can one day acquire. We offer all the same features and have no need to charge monthly for the service. Because there are already so many active users that love the product, their users are invaluable despite the fact the company is barely profitable. Offering an Acquisition of Slack would open the door for an additional $20million/yr to be added to the company and millions more by upselling the network of coaches and consultants to hire staff, recruit talent/market on the platform.

Product Development – We already have all the substantial features available that Slack has. We just need to educate the market why our product is more affordable with exponentially more value due to the marketplace, education, task management/crm, and recruiting channel as an add on. 

In terms of product development, our focus lies in leveraging our existing features, which are already on par with those offered by Slack. The key differentiator we possess is our ability to offer a more affordable solution while providing exponentially more value to our users. To effectively capture the market’s attention, we need to educate them about the unique advantages our product brings to the table.

Firstly, our marketplace sets us apart by providing a centralized hub where freelancers and businesses can connect and collaborate. This opens up a world of opportunities for both parties, enabling businesses to access a vast talent pool while empowering freelancers to expand their client base.

Additionally, our product offers comprehensive educational resources to users. This educational aspect equips freelancers with the knowledge and skills they need to enhance their professional growth, making our platform a valuable tool for continuous learning and development.

Moreover, our integrated task management and customer relationship management (CRM) features streamline workflows and foster efficient collaboration. By seamlessly managing tasks and maintaining client relationships within our platform, users can save time and improve overall productivity.

Finally, our recruiting channel is a powerful add-on that further strengthens our value proposition. It provides businesses with the ability to not only connect with freelancers but also access a pool of qualified candidates for permanent positions. This functionality offers a holistic solution for talent acquisition, making our platform an invaluable resource for companies looking to expand their workforce.

Marketing Strategy – Sell the communication tool to companies directly just as Slack did but also highlight the fact that we don’t need to charge users monthly. Create a consulting recruiting campaign teaching reps how to help companies reduce their costs by converting their teams to our messaging system.