Comments for Mastering the Universe

Comment on Je manifeste pcq… euh? by alexboudreau

alexboudreau — Sat, 28 Apr 2012 01:16:31 +0000

merci de partager de l’information pertinente. Tres interessant. Le genre de reaction qu’on devrait voir plus souvent…

Comment on Je manifeste pcq… euh? by Alain

Alain — Sat, 28 Apr 2012 00:25:47 +0000

J’ai trouvé cela pour alimenter votre réflexion sur des données objectives. http://lapresseaffaires.cyberpresse.ca/opinions/chroniques/michel-girard/201204/02/01-4511564-combien-ca-rapporte-un-diplome.php

Merci du temps que vous y consacrerez.

(Tiens…? Ma proposition précédente n’est pas affichée).

Comment on Je manifeste pcq… euh? by Alain

Alain — Sat, 28 Apr 2012 00:10:55 +0000

http://www.youtube.com/watch?v=aOLB3CWV-sA&feature=youtu.be Voici de quoi assouvir votre soif de connaissance. La suite ici: http://www.youtube.com/watch?v=DRDcsOYLPPI&feature=relmfu

Comment on Je manifeste pcq… euh? by Joaquim Amaru

Joaquim Amaru — Fri, 27 Apr 2012 22:41:39 +0000

Je manifeste parce que les étudiants ne sont pas des enfants rois qui ont le ventre plein :
http://www.ledevoir.com/societe/education/171264/la-feuq-publie-une-etude-sur-le-revenu-des-etudiants
Je manifeste parce que l’argent destiné à l’éducation est détourné pour faire je ne sais quoi :
http://www.journaldemontreal.com/2012/04/13/largent-utilise-a-dautres-fins
Je manifeste parce que les ressources québécoises n’enrichissent pas les québécois mais des entreprises privées étrangères :

Je manifeste parce que le Québec est riche, que c’est une belle province mais que les droits fondamentaux des citoyens sont bafoués, que les profiteurs du plan nord vont scrapper cette belle province et que les impôts des québécois vont servir à payer les infrastructures et la décontamination de leurs abus :

Je manifeste parce que nous avons des propositions mais qu’on ne veut pas nous écouter, je manifeste parce que je ne veux pas payer pour un gouvernement corrompu !
Je manifeste parce que dans cette société qui a une peur maladive des conflits le peuple préfère se faire fourrer plutôt que de manifester son mécontentement ! Je manifeste parce que si je ne le fais pas, personne ne le fera à ma place ! Satisfait ?

Comment on Breaking out of the Cloud by Jaxon

Jaxon — Sat, 30 Apr 2011 03:43:11 +0000

Wkanlig in the presence of giants here. Cool thinking all around!

Comment on 6 things NOT to do when starting a business – Part 1 by Staysha

Staysha — Sat, 30 Apr 2011 03:16:03 +0000

Great tinkihng! That really breaks the mold!

Comment on The infamous business plan by alexboudreau

alexboudreau — Wed, 17 Nov 2010 02:28:57 +0000

Etienne, sorry for the slow reply. Been sick the past few days. I saw your email and will reply.

regards

Alex

Comment on The infamous business plan by Étienne Thouin

Étienne Thouin — Wed, 10 Nov 2010 21:11:00 +0000

Yep, guilty as charged. On the subject of BPs, I’m currently dealing with a bad case of missing co-founders (hint!) due to conflicting day-job opportunities… If someone else is responsible for writing the BP, do as I did and make sure that you legally own the BP IP when these things happen. And the equity too!

Comment on The infamous business plan by alexboudreau

alexboudreau — Wed, 10 Nov 2010 05:07:43 +0000

“I found that the BP was more for me as a founder than for investors, in the sense that it gave me the tools to be convincing and knowledgable about all aspects of the tech I’m bringing to market, not merely about the tech issues”.

Étienne, you touch a very important point with your above statement. I think it’s definitely a great tool to help you build a solid foundation for your business. I personally wouldn’t go without it quite frankly. If I didn’t need to pitch to investors I would spend less time on the document, but would nevertheless do the same research and answer the same questions as we need to in a business plan.

I hear what you’re saying about Montreal VC. Not big risk takers, that’s for sure.

It seems like you’re in the process of starting up a business. Am I right?

Thanks for your feedback!

Comment on The infamous business plan by Étienne Thouin

Étienne Thouin — Wed, 10 Nov 2010 02:42:34 +0000

In practice, I found that the BP was more for me as a founder than for investors, in the sense that it gave me the tools to be convincing and knowledgable about all aspects of the tech I’m bringing to market, not merely about the tech issues. I found that the best was to have a business guy to focus on the BP while the tech team achieved actual product work.

But the problem goes deeper than that. In the current Montreal business climate, investors require all business unknowns and risks to be tackled before even considering the investment opportunity, hence their focus on the business plan. Are you willing to caution the mandatory loans in the first round? No? Too bad. Have you identified all your key personel and your complete offering? No? Come back when you do. Do you have a solid market penetration strategy? Decent financial projections? Signed customer intention letters? Love money put aside? A registered corporation to accept the financing? Strategic distribution channel contacts? No? Well, don’t waste our time.

You’ll probably require the help of banks and government investment agencies in your first year; will they invest in your project without the bases being covered? Even if you could raise money with a half-baked plan, the valuation of your company would suffer greatly.

The BP is a selling tool. Realistically speaking, can you sell hundreds of thousands worth of first-round equity with the product/tech alone?