FinanceBridge

Startup Idea: A platform that offers career guidance, job opportunities, and skill development resources specifically tailored for individuals with non-traditional backgrounds looking to break into the finance industry.

Pain point: People with degrees in philosophy and economics are unsure about their employability in the finance sector, particularly at firms like the big 4 and investment banks

Categories
Financialcareers Career Guidance Job Opportunities Skill Development Resources
Idea Generated From
Reddit Post: Is a degree in philosophy and economics from UCL good for finance?
Potential Monthly Revenue
$12500

Business Plan: Breaking into Finance

Executive Summary:

Our platform aims to provide individuals with non-traditional backgrounds the necessary support and resources to break into the finance industry. We offer career guidance, job opportunities, and skill development tailored to this specific group, helping them navigate the challenges of transitioning into a highly competitive field.

Target Market:

Our target market consists of individuals with non-traditional backgrounds such as liberal arts, humanities, social sciences, or other unrelated fields who aspire to pursue a career in finance. These individuals often face difficulties in accessing relevant job opportunities and resources due to their lack of traditional finance education or experience.

Revenue Streams:

  1. Subscription Fees: Offer premium subscription services with exclusive access to job postings, career guidance sessions, and skill development resources for a monthly fee.

  2. Job Placement Fees: Charge a placement fee to companies when our platform successfully connects them with qualified candidates from our pool of non-traditional background individuals.

Marketing Strategy:

  1. Partner with educational institutions to promote our platform to their alumni and students who are looking to enter the finance industry.

  2. Collaborate with finance companies to promote job opportunities and internships on our platform.

  3. Utilize social media and digital marketing to reach a wider audience of individuals interested in finance careers.

Financial Projections:

Average Monthly Subscription Fee: $20 Estimated Monthly Subscribers: 500

Average Placement Fee per successful job placement: $500 Estimated monthly successful placements: 5

Monthly Revenue Calculation:

Total Subscription Revenue: $20 x 500 = $10,000 Total Placement Fee Revenue: $500 x 5 = $2,500

Estimated MRR: $12,500