Aaarrrrgggggggggggghhhhhhhh. Hit a road block – a big one!
The problem with a tech start up (oooh – looky, another clue to what I am doing) is that if you aren’t a techie person the answers to your questions are super hard to understand – hmmmmmm, let me rephrase……. are written/spoken in some cyborg language from the 25th century that my brain is completely ill-equipped to grapple with. A bit like asking my 2-year-old to complete an equation using matrix multiplication. Ahhhhhhhhh HSC mathematics – I knew you would come in handy one day – and here it is!
Before I celebrate that happy occurrence though, I need to find a way to re-route Toldyah back onto the winning track. I am so STUCK on a nutty problem. Just how much can you compress uploaded video files from phones and cameras.
RED ALERT RED ALERT: massive clues to business idea….
Anyway, apparently the answer to my question is the same as “How long is a piece of string“. Which isn’t good enough for me. I can’t complete the financial part of the business plan, nor actually verify the business can make money (pretty important point for investors apparently) without this info. The answers I get from searches and discussions always starts with …”It depends on….” SO MANY VARIABLES!
I am a perfectionist, so getting the answer right is BUGGING me. People say to me to guess, it’ll be about right. But gees, the best and worst scenarios make a break even date that is light years apart. How can I sound like I have a clue when presenting that to Bill, Richard, Bernard or Carlos!
I do need to decide ASAP – have to finalise the BP so I can get the website started. Ahhhh – there we have another challenge – how to write a brief that sounds like it is written in 25th Century Cyborg. Anyone got a Cyborg to English translator handy?
BTW – the best 2 answers for the string question in my opinion:
- About Yay long
- Double the distance from middle to one end.
Planning, planning, planning……..
Yep – honing the business plan. Hard but valuable work. ‘Cos it’s in the planning that the strengths, weaknesses and gaps become clear. And boy have I found gaps LOL. But filling them has been a lot of fun and made a better end product to offer.
But I have also some strengths which have been confidence boosters.
The weaknesses – well – they were clear from the start hehe. A Mum with a Quality and Innovations background working an IT startup……. I can hear you laughing. (Ooooooooooooooh look – a clue to what I am doing! Stay tuned – the next few blogs have more clues coming up). First one to guess correctly will become Toldyah’s Chief Entertainment Officer (a joke really – unless you actually want the job?).
The financials is the scary bit. Working on those right now after 3 days of Financial Business Planning at Bizness Babes last week. Hmmmmm – anyone got a spare $100,000 to get me over the hump until the business turns a profit? Yes?????? Fantastic – just write your cheque out to the Toldyah Nigerian Scam account………. Of course if Mssrs Gates, Branson, Page, Ortega (Zara), or other members of the squillionaires club are reading – happy to accept donations or investment options!
Well, time to get back to the business planning – got to get it ship-shape so I can go beg some money to complete the dream and make Toldyah THE place to be seen. Let me see 200 + 600 equals….. where’s that excel spreadsheet?