Tag Archive | Start Up

Bugger – a Road Block

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?

I, Toldyah

BTW – the best 2 answers for the string question in my opinion:

  • About Yay long                                                                                                                
  • Double the distance from middle to one end.

A plan in the hand is worth….?what? to the bank?

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?

I, Toldyah