Wednesday, February 27, 2008 9:43:07 PM
I think that our expectations should be based on several things including the people,the product(s),the market opportunity, and the business acceptance of a new company.
Our people are passionate, hardworking, highly skilled, dedicated, and will not give up without a hard fight. The problem is that the product, market, and business all demand very high level of skills and we have very limited resources (people and money) so progress might be slow.
Our products are very complex both for Spooz and 141 Capital plus we are starting up two businesses at the same time with very limited resources. Our products go way beyond a one model mousetrap. Customer awareness, acceptance and embracement will take time.
Our markets are huge ($46 Billion from an earier post); however there are a lot of competitors and a fast changing competitive environment with many variables. Most of the key players are large corporations with their own set of rules so getting an opportunity to test our products is difficult and time consuming.
The business demands for a start-up company are huge. We have two start-ups. Resources are difficult to find (people and money). The rate of success of a new business is dependent on its resources. Given the complex products, markets, and customers, IMO we should not expect an overnight success; but we should expect our people to break through the barriers with some success in near future but accelerating success in the mid-term (3 to 6 months)
One more comment before I close, if our people really believe in the mission, vision, and paridym shifts for Spooz and 141 Capital, then we should expect a double digit market share in the next 4 to 6 years. When that happens, we will all be very happy. We shouldn't expect it to happen overnight IMO.
All my opinions as a response to M.C.'s request. Please do your own DD.
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