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redesigning the way businesses access external talent. Kyle Hawke kyle@whinot.com 540.421.1659   Ben Baran ben@whinot.com 704.654.8433
Whinot is at the intersection of  three business trends. Flexible labor Freelancing Crowdsourcing
is a … platform that connects A Community of Freelance Consultants Small-Medium Business (SMB) Managers
Whinot applies the principles of crowdsourcing to the typical  fee-based management consulting model. 	Build a 	freelance consultant community 	Target 	SMB’s with ops/org issues Key Revenue Generator Whinot innovation consultants craft a “challenge” – metrics, objective, etc. Broadcast challenge to freelance community … get specific responses Control response quality Facilitate fee-based engagements Return net margins to freelance community
Whinot has four revenue streams. Innovation Consulting Challenge Fees Contract Markups Solution Sales Year 3 2010
The Whinot business model captures an opportunity in both the SMB manager and freelance consultant markets. SMB Managers Freelance Consultants and Opportunity:  It’s the  “age of going solo” Opportunity: Need flexible expertise Increased outsourcing Market: 30% of 30M US SMBs will use contract labor in 2010 Market: 400K small management consulting firms in US
A number of crowdsourcing business models exist, typically differentiated based on function or activity focus. SoftwareDevelopment Professional & Administrative GraphicDesign Math & Sciences
Whinot is differentiated from the competition on three aspects of the business model. Management focus … Collaborative … not Competitive Mid-market price point & experience …
Whinot expects to turn a profit in 2012 at a forecast of 70 challenges and 12,000 consultants on the platform.
Whinot needs $800K to reach positive cash flow in 2012;  the majority of this will pay developer contracts/salaries. Note: $18K invested to date 1 tech manager 3 developers 2 testers @$78k weighted avg.
Whinot is a team of two graduate students with diverse professional experience, but it’s looking to grow. Ben Baran Consulting, Research Kyle Hawke Technology, Consulting Advisors ,[object Object]
 Innovation Consultants: Craft challenges, business development
 Marketing: Build communities and overall awareness,[object Object]
Thank you for your time.  redesigning the way businesses access external talent. Ben Baran ben@whinot.com 704.654.8433 Kyle Hawke kyle@whinot.com 540.421.1659
Whinot expects to turn a profit in 2012 at a forecast of 70 challenges and 12,000 consultants on the platform.
We are taking a two-phased approach to building the business. We are currently in the midst of Phase 1. Users ,[object Object]
Grow co-operativePhase 2 ,[object Object]
Business awarenessPhase 1 ,[object Object]

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Whinot LLC Business Plan Competition

  • 1. redesigning the way businesses access external talent. Kyle Hawke kyle@whinot.com 540.421.1659 Ben Baran ben@whinot.com 704.654.8433
  • 2. Whinot is at the intersection of three business trends. Flexible labor Freelancing Crowdsourcing
  • 3. is a … platform that connects A Community of Freelance Consultants Small-Medium Business (SMB) Managers
  • 4. Whinot applies the principles of crowdsourcing to the typical fee-based management consulting model. Build a freelance consultant community Target SMB’s with ops/org issues Key Revenue Generator Whinot innovation consultants craft a “challenge” – metrics, objective, etc. Broadcast challenge to freelance community … get specific responses Control response quality Facilitate fee-based engagements Return net margins to freelance community
  • 5. Whinot has four revenue streams. Innovation Consulting Challenge Fees Contract Markups Solution Sales Year 3 2010
  • 6. The Whinot business model captures an opportunity in both the SMB manager and freelance consultant markets. SMB Managers Freelance Consultants and Opportunity: It’s the “age of going solo” Opportunity: Need flexible expertise Increased outsourcing Market: 30% of 30M US SMBs will use contract labor in 2010 Market: 400K small management consulting firms in US
  • 7. A number of crowdsourcing business models exist, typically differentiated based on function or activity focus. SoftwareDevelopment Professional & Administrative GraphicDesign Math & Sciences
  • 8. Whinot is differentiated from the competition on three aspects of the business model. Management focus … Collaborative … not Competitive Mid-market price point & experience …
  • 9. Whinot expects to turn a profit in 2012 at a forecast of 70 challenges and 12,000 consultants on the platform.
  • 10. Whinot needs $800K to reach positive cash flow in 2012; the majority of this will pay developer contracts/salaries. Note: $18K invested to date 1 tech manager 3 developers 2 testers @$78k weighted avg.
  • 11.
  • 12. Innovation Consultants: Craft challenges, business development
  • 13.
  • 14. Thank you for your time. redesigning the way businesses access external talent. Ben Baran ben@whinot.com 704.654.8433 Kyle Hawke kyle@whinot.com 540.421.1659
  • 15. Whinot expects to turn a profit in 2012 at a forecast of 70 challenges and 12,000 consultants on the platform.
  • 16.
  • 17.
  • 18.
  • 20.
  • 21. Banks
  • 22.
  • 24.
  • 25. Freelancing in general is growing every year.