Monday, 3 May 2010

Some hopeful signs

Mike has been working with a group of fellow startups and potential investors to perfect his presentation for raising investment in OneFileEverywhere.  He is taking a thumping!  Mike is very good at what he does, but presenting and creating presentations is not one of those things.  He has a very technical mind and tries to put too much techie stuff into it, assuming everyone understands it too.  They don't.  So, he has been sent back to the drawing board again and again - make it simple, take out 90% of those details!  He also gets to see others presentations and learn from them.  However, one guy paid $2K to a professional to create his presentation for him!  I said, well, maybe its worth it.  One investor who was there, helping to coach, said to Mike - see what that guy just did? Just do that.  Mike said it was a great presentation, very relaxed and simple.  But the investor guy also said to Mike - while your presentation kind of sucks (not really, I'm paraphrasing), your idea is extremely exciting and has a far bigger potential than that guy's.  Mike was very pleased to hear that!

So, its back to the drawing board for Mike.  The other positive development is the working prototype.  Andy and another developer in India (an employee of our partners) have been working together for months and have made great headway lately.  There was a demonstration done last week for the team (they do these things online through GotoMeeting or somesuch because the team is everywhere on the planet) and it got them all very excited.  I can only imagine how much more could be done if everyone could work on this full-time.  But without investment, everyone has to work elsewhere to pay the bills.  But I am more and more confident that you will see OneFileEverywhere and our logo soon!

I am still here in Mazatlan but will be heading back to Okotoks on Friday, I think.  Maybe the following Wed.  We'll see.  Still working on lining up a place for next winter.  The weather is still great - not too hot, always a breeze.  We are no longer cash-strapped so I don't have to pinch pesos and can enjoy going out more - even taking the occasional pulmonia instead of a bus!

1 comment:

  1. Hi Susan - Just caught up after being off line a couple of days in Phoenix. Sounds like you're leaving paradise soon - didn't Mike say its snowing in Calgary today? I'll keep my eye on your blog. Gail