Somewhere.com

A platform that sources executive assistants from low-cost areas.

Why It Works

It allows businesses to hire skilled assistants at a fraction of the cost typically associated with hiring in high-cost regions.

Revenue & Traction

Not mentioned in the transcript

Founding Story

Not mentioned in the transcript

Business Playbook

Offering competitive pricing for skilled assistance, targeting entrepreneurs and businesses in need of support.

Why this works now

Upwork’s global freelance marketplace allows Somewhere.com to connect businesses with executive assistants in lower-cost regions. By targeting niche communities on platforms like r/Entrepreneur, Somewhere.com can effectively reach small business owners seeking affordable administrative support. A key risk for the company involves the potential for high customer acquisition costs (CAC) due to the need for extensive marketing to educate businesses on the benefits of hiring remote assistants.

Additional Information

They cater to CEOs and founders looking for time-saving solutions.

Source

73 more ideas and case studies from this episode

This was one of the case studies discussed on 5 Startups That Looked Dumb—Until They Were Worth Billions. See every idea and case study pulled from this episode in one place.

See all 74 from this episode →

Ideas worth reading next

More case studies

More case studies from My First Million

See all My First Million coverage →