Question for Sam/Circlenet and Nitzan/Future9 and other Startup ITSP Directors
mo832:
Well, thanks to both of you.
Sam, your point is well taken. But just as a note, there is a bit more than just billing and reselling- it involves website front-end services, value-added services, forward price contracts, etc.
So I will keep it in mind on my end, but I would also encourage y'all to consider suggesting it to anyone you can think of that might be suited for something like this and is looking for new opportunities.
The same goes for anyone else who happens to read this, for yourself and/or your associates.
nitzan:
Reading up about it - it does look pretty straight forward. A lot of regulation you need to adhere to, but nothing too difficult. The only real questions are:
1. Where/how to get customers (marketing is going to be the main cost).
2. What are wholesale rates - is there a significant enough margin to make this profitable even after marketing costs are included?
I know you said a straight-up honest company would clean up, but in my experience (at least in the phone business) this isn't really the case - it's the companies with a big marketing budget that get the majority of customers. Sad but true.
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