Business Considerations

Funding Note that this only applies to the initial service phase of the business. There is no consideration here of a possible future step of transitioning this service line into a product. This is a technology secret. When it comes to business finance, I am still a novice on the subject, although a bit more knowledgeable on the subject now. I think even a seasoned business finance professional may be challenged with funding what I am planning. As for the friends and family option I do not believe in mixing these relationships and business unless there is a true shared passion for the endeavor. And even still proceed with caution and an understanding that business is business and risk is risky, but friends and family, hopefully, will remain forever. Now you might understand the problem, as I see it, with friends and family as a source of business startup funding. Now other options are possible but will be an artful maneuvering of strategic fragility. But don’t tell

A Visit From Dr. Matt Tolentino In this writing I will simply refer to our visitor as Matt with the hope that is not taken as an act of disrespect as quite the opposite is true. Matt has earned my respect in the relatively short amount of time he took to speak with us. He is clearly very driven, highly intelligent and has a very busy mind and life. Matt has been busy, to include some of these past and present experiences, figure skating, working at Intel, research and advisory work, organization and community activities, filing patents, completing his Phd, inventing products, starting a business, personally developing his product and even finding more problems to solve with it. Particularly of interest to me is Matt’s business experiences as he seemed to masterfully leverage his ideas and their potential applications (in the common good) to fund the development and protect his intellectual property. Because of the nature of the first application of his product (FireFly) he wa

Startup.com As documented, This story feels more like a motion picture than a documentary. Even the main characters, Kaleil Isaza Tuzman and Tom Herman, are fiction like, as portrayed. But they are the central characters in an amazing non-fictional story; although I cannot be certain as to the accuracy of this film’s portrayal of events. Nonetheless, the idea of Govworks.com is as simple as it is brilliant. To solve a problem that is common to most of America and in every municipality in it, perhaps the problem of things as they have always been. You may have detected a bit of misdirection in that last statement but it is not my intent. It is exactly where I am going with my interpretation of these events, as documented in the Startup.com film. There was misdirection and too many lane changes for the pace of change to be sustained. People are generally resistant to change; so conducting business online may be slow to catch on for some. But in this case, I th

Erik had a broad range of experiences in what seemed to be a relatively short time frame. This experience was likely inevitable in scope and overlapping time frames. What I observed to be the reason behind this is that Erik is driven by a spirit of entrepreneurship, that may even be called serial entrepreneurship. He has a constant and evolving interest that seemed to both help and hurt in ways. It hurt in the sense of a changing focus and evolving goal. But it helped in many other ways for the reasons I will now discuss. If success were measured in happiness and contentment, I Believe Erik has both, and is therefore successful. His multiple interests seem to flow naturally from a creative-arts stand point. Clearly Erik likes creative works and seems just as eager to encourage and support the same in others. I believe that this is where Erik’s passion for his works comes from. I also believe that Erik would consider all of them successes for this very reason, without consider