I tend to have an interest in high risk start up emerging companies. As much as it puts knots in my stomach watching the share price decline, I enjoy the process of being a part of the development stage. I am willing to share in the risk with the anticipation of sharing in the reward. Sometimes, there is no reward. However, with good leadership, a good product and a vision, I believe the reward can be beyond the imagination. I am making an educated guess with some of my investment money that I will be rewarded. Otherwise, I would just plod along with a mature company.
As discussed in a post many months ago, I am involved in other disruptive technologies with a private company in the industrial market. The process began in October 2005 and
they fully expected to be producing revenue before the end
of 2006. Well, they are just now about to transition into the revenue stage. What I have come to realize is that
they could not always anticipate the next step until the next step was taken. The owners, however, were never deterred.
As the hurdle presented itself, they just jumped over it and continued on. Now the product is ready for market. Many people I know in the industrial market that have followed this technology doubted it and many embraced it. However, when the product begans producing revenue, I know that those who doubted the technology will want to be on board to sell it. At that point, it might be too late for them.
I just see a lot of similarties with Spooz/141 and the new disruptive technology I am involved with. Either one could make me money or cost me. I feel like I just have to temporarily remove the financial pain and enjoy the process
of watching the companies develop. My hope is that in the long run my balance sheet greatly favors the credit side.
Big A
