From: Adrian Tymes (wingcat@pacbell.net)
Date: Thu Jun 05 2003 - 11:36:44 MDT
--- Dennis Fantoni <df@tdc-broadband.dk> wrote:
> Rough plan for action would be ( i think )
>
> 1) Get established as one of the widely used
> internet based scheduling
> solutions. ( make it free, make it superior to yahoo
> calender and others -
> this should not be that difficult )
> 2) ramp it up by supporting everything internet
> enabled and wireless ( this
> is technically quite easy if you have it in mind
> when creating the system)
> 3) when half the western world are customers, sell
> out to someone who wants
> the eyeballs, or figure some way to earn a
> respectacle revenue from the
> service.
Umm...that is the canonical dotcom business plan: get
large *then* get income, and assume that all or most
of the users will stay once the income generation
mechanism is installed (usually, a dramatically false
assumption). True, many such businesses did get
funding, but most places that funded these types of
businesses have learned their lesson and will not back
this type of venture again. Income has to come before
you get big. (The earlier suggestion of starting out
big, by starting out as an additional feature of one
or a few established cell phone networks, suffices to
get around this since the payment method has also
already been established.)
> Of course, if You pull it off, the reward when
> selling the company or being
> taken over would most probably be in the triple
> digit million euro range.
> ( look at similar companies and their worth )
While there have been some success stories, most of
the existing companies with plans comparable to the
above aren't doing so well, and more - more than
average for small businesses - no longer exist (and
thus have a net worth of zero).
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