I've got the grade and disappointed. Well, I did ok with investing, but not with my project. It is obviousely failed. The takeaway nr 1 is that if you know how good is your project, it is still necessary to persuade people to invest.
To finish the blog, I promised to tell my investment strategy, I will tell this during next week.
Now I just want to share one amazing thing. About trusting other people's words. Varsavsky made all investment rounds result available. It was amazing - I was talking to several people and they told me they invested into my project and that appeared to be a total lie.
Good news about people's habits, right?
Sunday, December 16, 2007
Thursday, November 29, 2007
Last class BBW
Last class started with gifts to everyone - Martin Varsavsky gave us Foneras, since we heard about this product and idea throughout the whole course. That was smart - guess, which wifi router I will use when come back to my father's appatment?
Ok, it's time to post some notes (those are not direct quotations since sometime I simplify notes).
* If you're always successful, you start beleive in every shit you produce. Moreover, people around you start to believe in the shit you produce. Critical evaluation becomes weaker.
* I was shocked when I told a successful entrepreneur that I amazed by his way of behavior and he answered that his children hate him. Are you sure you want to copy this?
* Google earnings are 5 times less than Microsoft's, but marcap of Google is 2/3 of one MS has. Market surely appreciates Google more than MS and beleives that Google will overcome MS.
* After a failure you may be afraid of starting something new. Martin had a break of couple years after his biggest failure before he shared FON idea at his blog and it was appreciated highly.
* Question to Google owner: What is your limit?
Answer: Electricity.
Btw, computers consume enormous amount of energy. Google consumes the biggest amount of energy in US among corporations. More, than mining companies and aluminium plants.
Well, I will miss this class. It was really insightful.
Ok, it's time to post some notes (those are not direct quotations since sometime I simplify notes).
* If you're always successful, you start beleive in every shit you produce. Moreover, people around you start to believe in the shit you produce. Critical evaluation becomes weaker.
* I was shocked when I told a successful entrepreneur that I amazed by his way of behavior and he answered that his children hate him. Are you sure you want to copy this?
* Google earnings are 5 times less than Microsoft's, but marcap of Google is 2/3 of one MS has. Market surely appreciates Google more than MS and beleives that Google will overcome MS.
* After a failure you may be afraid of starting something new. Martin had a break of couple years after his biggest failure before he shared FON idea at his blog and it was appreciated highly.
* Question to Google owner: What is your limit?
Answer: Electricity.
Btw, computers consume enormous amount of energy. Google consumes the biggest amount of energy in US among corporations. More, than mining companies and aluminium plants.
Well, I will miss this class. It was really insightful.
Saturday, November 24, 2007
Advertising
You never know when you can use information obtained. Last wednesday I had two presentations: one for IOP (investment oriented project) commitee (my second entrepreneurial team was qualified for semifinals) and right after that I went to class to present advertising.
And I never expected Martin would ask questions, cause after my last presentation no comments followed. This time he asked me for pricing strategy, was confused with low lewel of charge - 50K EUR per week, but I explained that it was competitive price for russian market, told the situation in St.Petersburg and gave some references.
I'd better mention that by the moment of second presentation I was exhausted and was able to answer only because of clear understanding of the business idea and assumptions I had made before. I beleive this is crucial for every business.
And I never expected Martin would ask questions, cause after my last presentation no comments followed. This time he asked me for pricing strategy, was confused with low lewel of charge - 50K EUR per week, but I explained that it was competitive price for russian market, told the situation in St.Petersburg and gave some references.
I'd better mention that by the moment of second presentation I was exhausted and was able to answer only because of clear understanding of the business idea and assumptions I had made before. I beleive this is crucial for every business.
seven businesses you can start tomorrow
Forbes has just published a new article about enterpreneurship - Seven Businesses You Can Start Tomorrow. Related slideshow is really nice.
Very basic, very simple, some of them require minimum start cost, but you can make money. Think different, see opportunities.
Very basic, very simple, some of them require minimum start cost, but you can make money. Think different, see opportunities.
Saturday, November 17, 2007
advertising (3)
In my mind I have the following points of improvement for advertising:
1. Quality of source, of course.
2. Cut off the episode with bed, add more sailing episodes, shorten the chef episode.
3. Slogan in final episode should appear earlier.
4. Wording.
And when Olaf saw the video, he gave me advise to change the yacht part slogans to "this is my" style. E.g. this is my chef... this is my root... Peer advise rulezzz!
1. Quality of source, of course.
2. Cut off the episode with bed, add more sailing episodes, shorten the chef episode.
3. Slogan in final episode should appear earlier.
4. Wording.
And when Olaf saw the video, he gave me advise to change the yacht part slogans to "this is my" style. E.g. this is my chef... this is my root... Peer advise rulezzz!
Friday, November 16, 2007
advertising (2)
After 2 days of communications between Sain-Petersburg (Russia) and Madrid (Spain) we finally made good enough video (due to technical problems at my friend's working station we decided to cease following improvements implementations).
Here it is.
Here it is.
Thursday, November 15, 2007
advertising (1)
Nevertheless, the chance to be broadcasted at the VC (class) audience had to be taken. But I had no idea, what and for whom to do (the question how was ignored on purpose).
What I decided to do? Right, delegate!
I asked my friend who is in love with classic rock music to find me a soundtrack. And she did! Her first sugesstion of using Rod Stewart's I'm sailing was 100% hit.
When I downloaded some cruise videos... And added one more - music video of Ucrainian singer Tina Karol.
And finally I delegated eedition to my Spb friend who is a designer andknows my tastes.
I will show the result soon.
What I decided to do? Right, delegate!
I asked my friend who is in love with classic rock music to find me a soundtrack. And she did! Her first sugesstion of using Rod Stewart's I'm sailing was 100% hit.
When I downloaded some cruise videos... And added one more - music video of Ucrainian singer Tina Karol.
And finally I delegated eedition to my Spb friend who is a designer andknows my tastes.
I will show the result soon.
creative part
According to Martin Varsavski, another part of being entrepreneur is to be creative. That's why we have one more assignment - to make an advertising. That should be a movie of no more than 1 minute, it can be composed from other videos, but specially for the project. I.e. you can't take Nokia advertising and say that it is for Motorolla.
Be creative!
The hardest thing for me was that my business suppose to have no video advertising at all - everything should be based on personal contacts. So, it wasn't clear what to do...
Be creative!
The hardest thing for me was that my business suppose to have no video advertising at all - everything should be based on personal contacts. So, it wasn't clear what to do...
Wednesday, November 14, 2007
Sunday, November 11, 2007
1st draft
Fuf, after a couple of daysof trials, I've got a code for presentation. This is the first draft I've spoken about, it is just a flow of thoughts.
Saturday, November 10, 2007
Friday, November 9, 2007
finance
Having in mind that all the finances are approximate just to know the profitability, I made a set of assumptions and created all the statements. Well, not all of them, causeI really hate making cash flow statement, that's why I took only approximate one for market capitalization calculation.
1. PnL.
a. I put approximate occupancy (I really understand that it is a bit too high, but nevertheless...) and average price. Simple revenue model!
b. CoGS are not really relevant, cause in case of cruise we have huge overheads, and variable costs are not that big. I just put 15%.
c. OVH are divided into the following pieces:
- yacht operating (fuel, crew salaries, repairment, putting on water, insurance and even property tax), which are considered as 10% of yacht cost (benchmark I received from one of the articles),
- dry land costs - office salaries and rents,
- bad debt - just to make a provision,
- marketing - which is mostly for website creation and contacts, the excess amount will be put into sales bonus, cause the team really matters here and all marketing should be personal.
d. Depreciation - straightforward method of 4,5 mio of investments (benchmark received from my friend who reall thought of building luxury yacht at Admiral Shipyards of St.Petersburg) for 30 years (time before next big repairment).
e. Corporate tax - 32%.
2. Balance sheet.
a. Cash - balancing line.
b. AR - 60 day turnover.
c. AP - 30 day turnover.
d. Non-comm creditors - 5% of GA+Mrkg+Design
3. Marcap. Discounted cash flow method.
a. WACC - 12% (just more or less relevant).
b. Growth - 2%
c. 10 years period.
Why 10 years? Well, because I can calculate). To be serious, first couple of years normally we spend to generate positive cashflow and profit, 3-5 more to cover initial investments, and 3-5 more to generate investor's revenue. Or just following the advise of Paz Ambrozy, VC and our finacial enterpreneurship professor.
I will make a screenshots of files and post later.
1. PnL.
a. I put approximate occupancy (I really understand that it is a bit too high, but nevertheless...) and average price. Simple revenue model!
b. CoGS are not really relevant, cause in case of cruise we have huge overheads, and variable costs are not that big. I just put 15%.
c. OVH are divided into the following pieces:
- yacht operating (fuel, crew salaries, repairment, putting on water, insurance and even property tax), which are considered as 10% of yacht cost (benchmark I received from one of the articles),
- dry land costs - office salaries and rents,
- bad debt - just to make a provision,
- marketing - which is mostly for website creation and contacts, the excess amount will be put into sales bonus, cause the team really matters here and all marketing should be personal.
d. Depreciation - straightforward method of 4,5 mio of investments (benchmark received from my friend who reall thought of building luxury yacht at Admiral Shipyards of St.Petersburg) for 30 years (time before next big repairment).
e. Corporate tax - 32%.
2. Balance sheet.
a. Cash - balancing line.
b. AR - 60 day turnover.
c. AP - 30 day turnover.
d. Non-comm creditors - 5% of GA+Mrkg+Design
3. Marcap. Discounted cash flow method.
a. WACC - 12% (just more or less relevant).
b. Growth - 2%
c. 10 years period.
Why 10 years? Well, because I can calculate). To be serious, first couple of years normally we spend to generate positive cashflow and profit, 3-5 more to cover initial investments, and 3-5 more to generate investor's revenue. Or just following the advise of Paz Ambrozy, VC and our finacial enterpreneurship professor.
I will make a screenshots of files and post later.
presentation (3)
After plain text was ready and embeded into slides, I closed PPT, changed my laptop ty class computer and started google picture search. I do this even in case of real presentation for business purposes, because I need to receive inspiration. If I work for business, the next step would be looking for copyright issued to be solved. When I was making ski waxing presenations, I just used corporate web-bank - we hadrights for all the pictures. Or even I could order special pictures - but never did that (exept for specific pictures with models wearing our apparel).
In case of study presentation I just omitted this step cause nobody cares and I'm notgoing to make money out of picture use.
Next stepwas to choose custom design. Obviously I didn't have time for creating orordering mine, so I just took existing one from Microsoft Office 2007 templates (software was in Spanish and I never used it before - so I had a great time to challenge myself in understanding magnificent logic change Microsoft made for Office 2007).
When upload pictures, cut words again, make animation, check hundred of times, proofread, check goals, make presentation even more understandable to my buddieswho are going to read this.
And then peers check - I asked two friends who were online to evaluate. Critical issues were taken into consideration, presentation was checked once more and delivered. 2 hours before deadline.
Slides willbe provided soon.
In case of study presentation I just omitted this step cause nobody cares and I'm notgoing to make money out of picture use.
Next stepwas to choose custom design. Obviously I didn't have time for creating orordering mine, so I just took existing one from Microsoft Office 2007 templates (software was in Spanish and I never used it before - so I had a great time to challenge myself in understanding magnificent logic change Microsoft made for Office 2007).
When upload pictures, cut words again, make animation, check hundred of times, proofread, check goals, make presentation even more understandable to my buddieswho are going to read this.
And then peers check - I asked two friends who were online to evaluate. Critical issues were taken into consideration, presentation was checked once more and delivered. 2 hours before deadline.
Slides willbe provided soon.
presentation (2)
Since I was thiking about presentation a lot, the structure appeared in my head. I have a habit - to put a thought into my head and cook it internally in subconscious part without interrupting. I may read related articles, search for pictures, walk down the river queue, but finally - voila, this is the result.
So by the time of deadline I really had an impression, so I just sat down, openned PPT and started typing. Plain text and some bullet-points. No design, no slide breakdown - just a plain thought expressed in words.
After that I revised, took out some information I don't need and went to designing. I really emphasize content over design, so in case of real presentation that would be my scratch cards - info I present, not show.
Since slideshare doesn't work now, I will upload plain presentation later.
So by the time of deadline I really had an impression, so I just sat down, openned PPT and started typing. Plain text and some bullet-points. No design, no slide breakdown - just a plain thought expressed in words.
After that I revised, took out some information I don't need and went to designing. I really emphasize content over design, so in case of real presentation that would be my scratch cards - info I present, not show.
Since slideshare doesn't work now, I will upload plain presentation later.
Presentation
As I told in previous post, I made presentation very quickly. The following comments should be considered:
1. Although presentation was prepared for investors, the VCs were my classmates and the aim was to caught their attenton.
2. Since I made speech without background presentation, the ppt file was distributed additionally.
3. The ppt was created for VCs to read (I know that that's not the initial goal of power point, but I decided to give them PPT, not PDF because of two reasons: (1) it's easier to explain logics with basic animation (to give information piece by piece; (2) I can't make nice pdfs in my laptop, but PPT - yes.).
The step-by-step explanation will follow.
1. Although presentation was prepared for investors, the VCs were my classmates and the aim was to caught their attenton.
2. Since I made speech without background presentation, the ppt file was distributed additionally.
3. The ppt was created for VCs to read (I know that that's not the initial goal of power point, but I decided to give them PPT, not PDF because of two reasons: (1) it's easier to explain logics with basic animation (to give information piece by piece; (2) I can't make nice pdfs in my laptop, but PPT - yes.).
The step-by-step explanation will follow.
VC presentation
Well-well (heh, that's my favourite word to start the blog post), it's been a long time since my last project update here. Meanwhile, I presented the idea to "investors board", but I was not prepared well, so mostly I showed my beleif into the project, emphasized the team and let people know me. I could do better of course, but at least I made a full stop of idea searching - Dream Yacht appeared.
Couple of days I spent searching in the internet all relevant information to understad supply of charter services (luxury and normal) and realize costs. Or at least receive benchmarks, cause your first projections never come true, but you need to know if the business is going to bring money.
Since it is study project, I made some assumptions about costs not to go deeply into details: crew salaries were considered as a part of Yaucht service, investments were brought to required amount and first calculations were made.
When I realized that from 5 mio of investments 1 mio went to cash, increased Yacht investments and gave up 1 mio of net income in 10 years.
Still,it is my personal record of making all the statements and markcap calculation within 40 minutes (of course, I had preliminary information and used templates from the other project), but still...
And presentation was made. Having in mind, that it is class exercise and I know "the investors", my aim was just to get people remember me.
All the files and slides will follow soon.
Couple of days I spent searching in the internet all relevant information to understad supply of charter services (luxury and normal) and realize costs. Or at least receive benchmarks, cause your first projections never come true, but you need to know if the business is going to bring money.
Since it is study project, I made some assumptions about costs not to go deeply into details: crew salaries were considered as a part of Yaucht service, investments were brought to required amount and first calculations were made.
When I realized that from 5 mio of investments 1 mio went to cash, increased Yacht investments and gave up 1 mio of net income in 10 years.
Still,it is my personal record of making all the statements and markcap calculation within 40 minutes (of course, I had preliminary information and used templates from the other project), but still...
And presentation was made. Having in mind, that it is class exercise and I know "the investors", my aim was just to get people remember me.
All the files and slides will follow soon.
Thursday, November 8, 2007
to sell or not to sell
Talking to potential buyers about your company is the only way to know how much is worth. There´s nothing wrong with that as we all need to make informed decisions.
Martin Varsavsky quotation
Martin Varsavsky quotation
Small business success
Three things you need:
1) the ability to abandon a plan when it doesn't work,
2) the confidence to do the right thing even when it costs you money in the short run, and
3) enough belief in other people that you don't try to do everything yourself.
seth godin quotation
x-posted to curious notes blog
1) the ability to abandon a plan when it doesn't work,
2) the confidence to do the right thing even when it costs you money in the short run, and
3) enough belief in other people that you don't try to do everything yourself.
seth godin quotation
x-posted to curious notes blog
Tuesday, October 23, 2007
selling the project to investors
For my introduction file to investors I need to emphasize the following ideas:
1. Investments in yacht itself is low-risk, since in case of company to be closed (we usually do not speak about this, but it is necessary) the investment would be reimbursed partially due to the assest sale.
2. Interest to navy craft in Russia. I need statistics for private navy schools alumni.
3. Competitive analysis - travel companies (Standard and customizd tours).
4. Location - St. Petersburg. Why (geographical, cultural (overall and navy) + statistics of average income, nr of entities with personnel more than 50 ppl, navigation period).
5. Financials + financial notes.
6. Deal, investor's IRR, exit strategies.
1. Investments in yacht itself is low-risk, since in case of company to be closed (we usually do not speak about this, but it is necessary) the investment would be reimbursed partially due to the assest sale.
2. Interest to navy craft in Russia. I need statistics for private navy schools alumni.
3. Competitive analysis - travel companies (Standard and customizd tours).
4. Location - St. Petersburg. Why (geographical, cultural (overall and navy) + statistics of average income, nr of entities with personnel more than 50 ppl, navigation period).
5. Financials + financial notes.
6. Deal, investor's IRR, exit strategies.
Monday, October 22, 2007
Dream Yacht
Ok, just presented the idea to class.
DREAM YACHT
Product: navy cruises
- standard service - yacht plus team
- customized module - route, chef, food, program, equipment, involvemet
Customers: top-managers of companies from 50 ppl personnel
How to reache them: build a community through personal contacts
Investment needed: 5 mio to
- Luxury Yacht - low risk investment
- Team (crew, chef, masseuse)
- Add-ons - food, equipment.
Break-event: in 1,5 years.
Why: niche plus increase interest.
DREAM YACHT
Product: navy cruises
- standard service - yacht plus team
- customized module - route, chef, food, program, equipment, involvemet
Customers: top-managers of companies from 50 ppl personnel
How to reache them: build a community through personal contacts
Investment needed: 5 mio to
- Luxury Yacht - low risk investment
- Team (crew, chef, masseuse)
- Add-ons - food, equipment.
Break-event: in 1,5 years.
Why: niche plus increase interest.
Sunday, October 21, 2007
I thought I was not able to generate entrepreneural ideas. Th develope existing one is ok, but not to find a niche or opportunity.
During last week I generated 3 ideas, one is niche business based on differentiation, one is totally new and one is adaptation of existing practice to new market (russian).
That's really cool. Will continue playing with this tool. Next step is to evaluate the possible profitability of the business. But I'm still enjoying the easiness of the first step. Will play a bit wil that. And then continue with the implementation phase.
During last week I generated 3 ideas, one is niche business based on differentiation, one is totally new and one is adaptation of existing practice to new market (russian).
That's really cool. Will continue playing with this tool. Next step is to evaluate the possible profitability of the business. But I'm still enjoying the easiness of the first step. Will play a bit wil that. And then continue with the implementation phase.
Thursday, October 18, 2007
Damn!
The very moment I decided that I can't see business opportunities for IT solutions and chose to focus on the yacht project (which is obviously profitable, but veeeery boring and straightforward), I found IT solution idea.
This is easy. Sometimes companies need to ask people who shopped online or filled in test or survey about their basic information for statistics - gender, occupation, geografical area. Sometimes people need to fill in a lot of parameters. Sometimes it is boring and we easily skip the testof don't fill questionnary in full. Sometimes we register for service and they require to fill the same basic shit. Tired? If the consider the raise of online activity, we can see an opportunity.
Meonline is a database plus fill-in engine. You can choose what information to disclose and the level of security. And then just click when you need to register - and the engine will fill everything.
We need 5mio for:
- understanding basic information need,
- CAPEX - hardware
- RnD - software
- Markting
- High skilled team to protect the security information (for youtotrust even credit card number!!!).
Well, good try. Next couple of days i finish the calculation over yacht and checkthe meonline idea for uniqueness and profitability.
Keep moving. But it's a very time to choose the main destination.
This is easy. Sometimes companies need to ask people who shopped online or filled in test or survey about their basic information for statistics - gender, occupation, geografical area. Sometimes people need to fill in a lot of parameters. Sometimes it is boring and we easily skip the testof don't fill questionnary in full. Sometimes we register for service and they require to fill the same basic shit. Tired? If the consider the raise of online activity, we can see an opportunity.
Meonline is a database plus fill-in engine. You can choose what information to disclose and the level of security. And then just click when you need to register - and the engine will fill everything.
We need 5mio for:
- understanding basic information need,
- CAPEX - hardware
- RnD - software
- Markting
- High skilled team to protect the security information (for youtotrust even credit card number!!!).
Well, good try. Next couple of days i finish the calculation over yacht and checkthe meonline idea for uniqueness and profitability.
Keep moving. But it's a very time to choose the main destination.
Monday, October 15, 2007
Second class of BBW
I have a controvercial feeling about Varsavsky. On one hand, he's giving us a bunch of different life stories, that can be useful... or not. No system. On the other hand, after his classes I always go to computer class and make a short search on ideas or people I liked. And of course, I have my class notes.
Some steps all the ideas should pass.
1. Idea formulation.
2. Check:
2.1. Does this idea exist? Do they have something similar? Do they have something opposite?
2.2. Can this idea assure cashflows? A lot of ideas made their inventors famous, but not reach.
3. Who are your competitors? It's not bad to have competitors, the situation is bad then they are doing the same, but more efficient, have better equipment etc. But not to have competitors is bad.
4. Check, whom among your competitors you can possibly cooperate with. In american perception competitors are the peolple/companies you can deal with, make your enemy frenemy.
Some steps all the ideas should pass.
1. Idea formulation.
2. Check:
2.1. Does this idea exist? Do they have something similar? Do they have something opposite?
2.2. Can this idea assure cashflows? A lot of ideas made their inventors famous, but not reach.
3. Who are your competitors? It's not bad to have competitors, the situation is bad then they are doing the same, but more efficient, have better equipment etc. But not to have competitors is bad.
4. Check, whom among your competitors you can possibly cooperate with. In american perception competitors are the peolple/companies you can deal with, make your enemy frenemy.
semifinal for ideas
Today is a second class of BBW, so it's really a time to finalize idea search. During my morning walk to school second idea has appeared - skiing ressort in Russia. Close to moscow region (lack of service supply, but instable weather) or close to siberia (far from central part, lack of infrastructure, but longer season and good weather conditions).
Yesterday I had a talk with my close friend about yachts again. According to our preliminary calculations we need around 5 mio investments and 1,5 years to break-even (having in mind that company will be established in St.Petersburg). Not bad.
Fuf, still need to choose.
Timeout. Will decide today after class.
Yesterday I had a talk with my close friend about yachts again. According to our preliminary calculations we need around 5 mio investments and 1,5 years to break-even (having in mind that company will be established in St.Petersburg). Not bad.
Fuf, still need to choose.
Timeout. Will decide today after class.
Friday, October 12, 2007
long silence
Still didn't choose - yachts or technical outerwear.
Y.
+ Sexy, real idea to invest in couple of years.
+ Know 2 captains, a sort of network.
+ Good emotions to use in advertising.
- No experience.
O.
+ Know demand.
+ Know industry, places to buy and make apparel.
- Hard to present to spanish students the necessity of the product - and get investments.
Ok, I will spend today on yachter.ru and other resources to get business better and calculate preliminary budget.
C. u.
Y.
+ Sexy, real idea to invest in couple of years.
+ Know 2 captains, a sort of network.
+ Good emotions to use in advertising.
- No experience.
O.
+ Know demand.
+ Know industry, places to buy and make apparel.
- Hard to present to spanish students the necessity of the product - and get investments.
Ok, I will spend today on yachter.ru and other resources to get business better and calculate preliminary budget.
C. u.
Thursday, September 20, 2007
one more idea
Combination of my educational passion and psycological help (thanx to my new frend I met in Turkey). Online center for psychological help. I know at least 2 good psychologist who can manage consultations. Need to combine this with networking.
And understand if it requires 5 mio.
And understand if it requires 5 mio.
1st class
Some notes.
Know the price of everything. Every moment of entrepreneur's life is making decisions of price and quality. Know the range of prices. Look into maarket capitalization of any company. Know the GDP of the countries you're connected with.
Guessing is the half of life of entrepreneur. If you obsessed with accurate numbers, you'd better be rocket engineer.
Spain is the most successful oof least ambitious countries in the world.
In business it's all about balancing content and emotions.
Know the price of everything. Every moment of entrepreneur's life is making decisions of price and quality. Know the range of prices. Look into maarket capitalization of any company. Know the GDP of the countries you're connected with.
Guessing is the half of life of entrepreneur. If you obsessed with accurate numbers, you'd better be rocket engineer.
Spain is the most successful oof least ambitious countries in the world.
In business it's all about balancing content and emotions.
Wednesday, September 19, 2007
areas
Areas I have experience/knowlege:
* Outdoor
* Extreme sports
* Busines processes
* Online activities - blogging, networking.
* Education
* Customization
Well, where is the opportunity then?
* Outdoor
* Extreme sports
* Busines processes
* Online activities - blogging, networking.
* Education
* Customization
Well, where is the opportunity then?
ideas
Quickly to mention several ideas I have in mind.
The line of technical casual apparel - smart dresses of highly technical materials and technologies.
Landing aeroport shop - for short business trips to buy necessary thing you can't carry in your hand luggage.
Your travel agent online - planning the trip in one spot.
The line of technical casual apparel - smart dresses of highly technical materials and technologies.
Landing aeroport shop - for short business trips to buy necessary thing you can't carry in your hand luggage.
Your travel agent online - planning the trip in one spot.
Martin Varsavsky
Recently published article about Varsavsky in Forbes.
This article is not in public section, although somehow I copied it when I openned it for the first time.
Upd. His weblog
- en Castellano: http://spanish.martinvarsavsky.net/
- in English: http://english.martinvarsavsky.net/
desperately seeking... eureka
We'll, just to start.
At my MBA studies in Instituto de Empresa (Madrid) I'm attending Martin Varsavsky's Building business workshop and decided to have another blog for tracking my entrepreneural process.
We have an assignment to develop entrepreneural project that break-evens after 5 mln of investment.
Before signing to the course I planned to present the project we have for venture lab activities, but it turned to be individual assignment and I need to analyse busines opportunity, generate idea, make financial projections and make sexy presentation to earn my peers virtual investments.
Ready, steady, go!!!
At my MBA studies in Instituto de Empresa (Madrid) I'm attending Martin Varsavsky's Building business workshop and decided to have another blog for tracking my entrepreneural process.
We have an assignment to develop entrepreneural project that break-evens after 5 mln of investment.
Before signing to the course I planned to present the project we have for venture lab activities, but it turned to be individual assignment and I need to analyse busines opportunity, generate idea, make financial projections and make sexy presentation to earn my peers virtual investments.
Ready, steady, go!!!
Subscribe to:
Posts (Atom)
