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Herbert Prokscha

Founder of American food companies.

Bio

Strategic Advisor to Founders and CEOs. Took a specialty food manufacturer from capital raise to exit sale. Turnaround CEO. Food safety expert. Built five USDA inspected food manufacturing facilities.

Recent Answers

Investments

Where to find introductions to Institutional European/Middle East Pre-Seed Venture Capital, PE, Investments, Grants (Donations) Capital Sources?


Herbert Prokscha

Founder of American food companies.

That will be very difficult since with every introduction, the person making the introduction is putting their reputation on the line. So you will have to build up credibility by doing the research and then cold calling the institutions. That will slowly build your network and then you may get reciprocity where people introduce you to their contacts.

Online Marketplace

How can I build a service marketplace in USA.


Herbert Prokscha

Founder of American food companies.

In the US, Angies list is the leader. Unfortunately creating a two-sided marketplace is relatively cheap to start and very, very expensive to build. My suggestion is that you start locally to test the concept and the costs. If you have a USP that gains fast traction you are going in the right direction. If no traction, do not throw good money after bad.

Startups

Looking for the best clone scripts for websites like Fiverr, Upwork, or Freelancer?


Herbert Prokscha

Founder of American food companies.

Short term answer - yes. However your problem will be execution. A two-sided marketplace takes years to grow and millions of bucks to keep the door open until you are big enough to grow naturally.

freelancing

How much does it cost to create a freelance marketplace similar to Upwork?


Herbert Prokscha

Founder of American food companies.

The issue is not the cost of the platform (less than $ 100k) - the issue will be getting freelancers and clients - Upwork was loosing money until last year or so.

Hustle

How to build a business from LinkedIn? I'm a technical expert in marketing cloud and data cloud.


Herbert Prokscha

Founder of American food companies.

Set-up a business page on LinkedIn describing your services. Then post interesting content from the business page. Also you can search LinkedIn for companies that could use your skillset and solicit them for your company's services.

Digital Marketing

Iam a student who has just finished studies.


Herbert Prokscha

Founder of American food companies.

Depends what your interests are and where you are located. To start I suggest you study the various freelancer platforms to see what people are looking for and what they are willing to pay. If you are thinking investments or work from home or multi-level marketing - do your due dilligence - way too many are a scam.

eCommerce

I want to venture into drop shipping. What are the techniques I can implement to guarantee a successful business.


Herbert Prokscha

Founder of American food companies.

If you do not own your own brand or design/patent you will find out that 99% of drop shipping businesses fail and fail fast. So instead of just drop shipping, create a brand and then find manufacturers that will put your name on the product and all the POS materials and packaging.

freelancing

I am a fresh Electrical Engineer. How I can earn remotely in my field?


Herbert Prokscha

Founder of American food companies.

Join various platforms such as Upwork, People per Hour, FIVR and offer your services.

Marketing Strategy

What are most of the earliest way to get more customers to buy your products?


Herbert Prokscha

Founder of American food companies.

Depends on your product. If it is food - go and give samples to potential customers. If it is a physical product - find the first customer, provide the product, utilize the feedback to improve and get a testimonial. For digital products - offer a free trial.

Business Strategy

What is your best solution to increase your business market share in the tourism sector?


Herbert Prokscha

Founder of American food companies.

Specialize in niche markets or niche packages (i.e. yoga trips, academic trips etc). Once you get practice in handling one niche, you just keep adding niches.

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Areas of Expertise

Startup ConsultingSmall BusinessManufacturingLife CoachingFood & Beverage