Negotiation Skills Coaching for Women

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Negotiation Skills Coaching for Women

Inspired by a conversation on:

Black Excellence Daily

Black Excellence Daily

Mellody Hobson | Building Wealth as a Black Woman

Host: Sean Croxton

Timestamp: 03:19 - 03:48

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Feather Flow

Direct Quote

"Part of the wage gap... is our own fault. The reason is that failing to negotiate ends up dramatically affecting how we are compensated."

Market Gap

Women often underperform in salary negotiations compared to men.

Research indicates that women typically earn less than men partly due to a lack of negotiation skills and confidence when it comes to discussing salaries. This gap results in women missing out on substantial lifetime earnings, as they often fail to advocate for themselves effectively during initial job offers and performance reviews. Current resources on negotiation tend to be generic and may not resonate with women's specific experiences or challenges, leading them to feel less prepared or hesitant to negotiate. The financial implications are significant, as even small differences in starting salary can compound over a career, resulting in hundreds of thousands of dollars lost. Addressing this gap in negotiation skills is essential for improving women's financial outcomes and empowering them in their careers.

Summary

This business idea involves creating a coaching service specifically for women aimed at enhancing their negotiation skills in the workplace. The service could offer one-on-one coaching, workshops, and online courses that focus on negotiation techniques, confidence building, and real-world practice scenarios. By addressing the unique challenges women face in negotiations, the service can empower them to secure better salaries and promotions. The target audience includes women at various career stages, particularly those entering the workforce, seeking promotions, or transitioning to new roles. Marketing strategies could include partnerships with professional organizations and networking events to reach potential clients.

Categorization

Business Model
Service
Target Founder
Subject Matter Expert
Difficulty
Low
Time to Revenue
< 1 month
Initial Investment
< $1,000

Scores

Clarity
9/10
Novelty
6/10
Feasibility
8/10
Market Potential
7/10
Evidence
8/10
Overall
7.6/10
Found on September 9, 2025 • Analyzed on September 9, 2023 7:38 AM

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How should I validate this service idea before building it?

2:34 PM

Great question! For a service idea like this, I'd recommend starting with these validation steps:

  1. Customer interviews: Talk to Subject Matter Expert to understand their pain points
  2. MVP approach: Build a simple landing page to test demand
  3. Competitor analysis: Research existing solutions and identify gaps

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Yes, and what about the technical implementation? Should I build this myself or hire a team?

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Based on your idea's complexity and < 1 month, here's my recommendation:

Technical Strategy:

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Similar Ideas

Negotiation Training Platform

This idea proposes developing an online platform that offers negotiation training tailored to personal and professional contexts. The platform can feature video lessons, interactive scenarios, and workshops focusing on negotiating time off, salary increases, and flexible work options. Users would learn through relatable examples and role-playing exercises, building their confidence and skills incrementally. Additionally, the platform could provide resources like templates for negotiation emails and scripts for in-person discussions, making it easier for individuals to approach these conversations effectively and with clarity.