I recently got in touch with an advisor who got back to me straight away but I was very slow in replying and I think I lost my chance of a chat with her...my mistake.
I am still trying to find someone in the entertainment industry I can tell my business idea to and see if it is good and viable. So now that I found this particular topic here, I though I would just put it out there to the "world".
I'm a migration agent and I want my main focus to be entertainment visas (arts, fashion, entertainment, sports) - starting in Australia; where I am registered, and eventually growing it into a global thing...hopefully.
Is there a big market for it? I am biased so I think there is but would love to hear the opinion of people in these industries whether entrepreneurs, lawyers, etc.
Let's come to the point straightway - if you deal with your clients with integrity and with 100% transparency, you will do well and also you will get a good reputation out there.
It wont be out of place to mention here, i know couple of migration agents. Some do pretty well, some do modestly and some do it on a freelancing basis in addition to full-time employment. My experience says, the migration agents that don't do well out there have a bad reputation for luring clients, or charging exorbitant fees or not being transparent with their clients. To put simply; At the end of the day reputation matters in reinforcing your brand image.Make sure you are honest with clients about their prospects of obtaining visas etc.
To cut the long story short; if you are passionate about it (it seems you are) i am kinda confident that your business will grow over time. You may want to start small scale, allow the opportunity for growth.
All the best Ana :)
Make a list of all the companies that might use your service, call someone in their operations department and pitch them on your service of streamlining their visa process. It will help you crystallize your pitch and overcome objections. If your end user likes what you are saying, then you know you got something. No one person has the right answer to what's right or wrong, markets determine it all.
I'm doing this now (for a completely different industry). I talked to people in my closest circle of friends, & when they validated it, I created a basic Wordpress site with an email capture box (for the purpose of receiving updates). Then I reached out to my social network & business network asking for feedback (not signups). I'm also running some twitter lead ads with targeted demographics to collect more emails. Emails = market.
You can also look for stats from big competitors in that industry in press releases on their site.
If you don't think your idea won't work, and you need ask someone else, then it won't work. If you think telling your idea means someone will steal it and execute and build it out, then you are not the right person to execute on your idea to being with. That is blunt truth, instead of hypocritical politeness.
Thanks for the advice, Jeevan. I hadn't thought of that.
I will certainly do that :)