[geeklog-devel] Geeklog Service offering

[Tony Bibbs]

Right, so in the interest of what you said, what is the smallest piece of 
work we can do quickly that will start us down this road?

--Tony

On Fri, 10 Jan 2003, Tom Willett wrote:

> I sometimes wonder why it seems that only Blaine and I respond to things 
> like this.  At first I thought oh well we are just a couple of vain old men 
> who like to impose our beliefs on others.  ;)  But then I realized, hell, I 
> have always been this way!  So here goes again and after this I will shut up.
> 
> > Tony Bibbs wrote
> > Here are some initial thoughts I had on how to start his up.  First, there 
> > is no really need to go all gung-ho until we prove there is a market for 
> > this sort of stuff.  So our first goal should be to establish the fact 
> > tehre is need for services around GL.
> >
> 
> Agreed -- For my last startup I contacted a local State College Business 
> School and let one of the business classes take my initial thoughts and us 
> it as a class project developing a business plan and doing a marketing 
> survey.  I only came away from that experience with one good idea, but that 
> one idea saved me about $20,000 and untold headaches.  I imagine that any 
> business school would jump on the chance to do the same for a high-tech 
> service oriented business like this.
> 
> > 
> > To do that I propose we do something simple like set-up one bank account 
> > in which all $$ will initially go into.  Then we need to figure out how 
> > much revenue a month we think we need before we are convinced there is a 
> > need for this and that we need to go to the next level.  Let's call that 
> > magic number $X/month.
> > 
> > Until we reach our goal of $X/month, all money stays in the account.  When 
> > we hit that goal we can then take what is in the account to pay for things 
> > we may need (drafts of contracts, lawyer time to set up a corporation, 
> > etc).  I say we prime the pump and just dump it all back into what we are 
> > trying to do. From that point on we can start dividing up revenue in a way 
> > that rewards people based on time spent and goals accomplished (i.e. more 
> > like a 'real' business).
> > 
> 
> Once again Agreed.  It is painful to not reap the fruit of you labor at 
> first but essential.  You either have to do something like this to fund a 
> startup or borrow money or put in some of your own (yuk).  And you need to 
> be realistic, do not expect it to happen in two or three months.
> 
> And another painful thought, especially in this dot-com boom and bust world, 
> you better plan on not getting any money out of the company for at least a 
> year, probably more.  So don't quit your day job.  The only way people got 
> rich in the past dot-com bubble was by taking other peoples money.
> 
> --
> Tom Willett
> tomw at pigstye.net
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> geeklog-devel at lists.geeklog.net
> http://lists.geeklog.net/listinfo/geeklog-devel
> 

-- 
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Tony Bibbs         | "I guess you have to remember that those who don't |   
tony at tonybibbs.com | hunt or fish often see those of us who do as       |
                   | harmlessly strange and sort of amusing. When you   | 
                   | think about it, that might be a fair assessment."  | 
                   | --Unknown                                          |
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