39 karma · joined March 24, 2015
Inspirational. I recommend you find a concept that has reoccurring (high repeat) revenues, just because it's tough to have to keep getting new customers each day.
Is the company making money, or is it a free service? Co-founder could be a good idea if you have a friend that you think could be helpful. If not, you could hire someone reliable (maybe on commission?). Or offer a % of company, base on performance. Just a few ideas - for what they are worth - best of luck!
Go Pro announced the opposite news today as highest compensated CEO (sold shares).
Personally, I think companies that have decent margins should create a culture of well paying jobs and high value for their employees. I guess this already occurs with companies like FB, Google, Banks, etc.
I feel like this combo is helping me grow as an entrepreneur. Appreciate your feedback :) -- always pushing the boundaries
As they say hindsight is 20/20, I just thought it could be interesting to get people's perspective. Thanks for your advice!
It's tough sell to leave a high-paying stable job for a risky lower paying job... but what if you could adjust your salary and "earn-in" more equity... It could lower the burn and align interests better. Thoughts?
Also, can I get paid in Megadonks ?
Yes, that's what I mean by crowdsourced data. I agree on the safety concerns while driving. However, even if you could collect data on emotions of people throughout the day in a city... that would be insanely useful for planners... aka knowing when people are angry sitting in traffic, scared in sketchy areas of the city, or where they go for walks often because it's a beautiful park. They can analyze all that data to plan smarter cities. The issue here is: how do you engage the "crowd" enough for them to share this data?
Yes the city API idea is definitely cool. With all the data opening up it's good timing for sure... Only thing is, I heard the API aren't exactly perfect. Depends on what you are working on. I met with a Founder of a Parking App that was building on data like you are talking about.
As for your idea, I'm not sure I understand / or see the need. Hardware sounds less scalable, but couldn't you crowdsource that data in real-time, like Waze does? Data in cities can be used in so many ways, it's unbelievable.. example: in university we look at correlation with graffiti and vacancy.. other students did studies on linkages between health issues arising from school yard proximity to traffic... the point being is geo-locational data is has high value.
In relation to your idea, I definitely see opportunity for tracking and collecting data... especially if it can be sold to Urban Planning Departments for research (rather than just another advertising budget). Here is a Montreal based project: http://www.datamobileapp.ca... challenge is finding an engaging way to get people to use it (obviously ).
Any idea on a better way engaging people? There has to be a better way to vote on local issues than attending public meetings.. Right?