addressalign-toparrow-leftarrow-rightbackbellblockcalendarcameraccwcheckchevron-downchevron-leftchevron-rightchevron-small-downchevron-small-leftchevron-small-rightchevron-small-upchevron-upcircle-with-checkcircle-with-crosscircle-with-pluscrossdots-three-verticaleditemptyheartexporteye-with-lineeyefacebookfolderfullheartglobegmailgooglegroupshelp-with-circleimageimagesinstagramlinklocation-pinm-swarmSearchmailmessagesminusmoremuplabelShape 3 + Rectangle 1ShapeoutlookpersonJoin Group on CardStartprice-ribbonShapeShapeShapeShapeImported LayersImported LayersImported Layersshieldstartickettrashtriangle-downtriangle-uptwitteruserwarningyahoo

merging concepts

From: Ing. Walter H.
Sent on: Friday, June 22, 2012 12:06 AM

 Dear all,

I'm soon burning the midnight oil ... AGAIN!

I'm into checking out  iPledge for my project(s) for a while and the shelves as well as the vending machine project where/are just great for me to learn more.

 I'm now in contact with iPledge in the spirit of 'support a local business' - after what we saw today, I think they need it . ;)

Here's the quick info-page on cloud funding I put together for everybody at GC-TechSpace and I'll send the link to iPledge too, as I got an email from them asking for more feedback.

Where I'm stuck, as so often, is to decide which of the many projects in the drawer I commit to, but it might as well be a new one.

I know there is a new kind of race on in technology, actually for quite a while, where the trick is to find new dynamic combinations of what is already there. Google was the first to use it successfully.

It could look like this:


 (Managers, small business operators, one-and-a-half-man-shows (mum and dad and this is in appreciation of the one who has to run the system maintenance of what we call 'home' which is usually the bigger burden as one might close the shop for a day off, but without a daily and well maintained good home-base that runs like a swiss clockwork such a small system standing only on 1&1/2 legs would collapse in no time)

 who go for cloud funding do this out of a strong need that automatically narrows perception to what they can give in return of funding. Whereas an outsider would have it a lot easier.

An outsider would have to come into the project before it is submitted and work with the project initiator through the 7 steps of Business Planning for Crowd Funding as a service.

I am an Industrial Management Engineer and worked for 15 years in Europe on a wide range of mechanical, steel construction, HVAC as well as several years in software development.

In Australia I added, Patent and Prior Art searches, product innovation and re-design and for the last 3 years I ran a small holistic clinic at the Gold Coast. Just at the time when the advertising game changed from print to web for good. It was learning  by doing (both often the hard way) and sometimes on a very scary scale, with the given backdrop of the wider
economy but in particular the Gold Coast with 9% unemployment.

IMHO a second error occurs:

Generally: projects submitted for Cloud Funding show a mindset to just achieve the target sum.

Leaving no or too little margin for error ...

For a new product to sell well, I like to apply my 3 times better in 3 fields rule.

This would mean to actually put a project together that aims for and can achieve 3 times the target sum and that has been done in cloud funding. Hence it can be done again!


easily underestimate their own capacity. Particularly when it comes to giving ;)
. . . and in tight times.

Where somebody taking on the role of mentor would be of great help.

 And God said to Noah . . .
 . . . after listening to Noah whinging about the Arc being  a too big project for him:


All up this is still another one to go for a while to the filing cabinet as it neither fulfils my 3x3-better rule nor addresses the funding question in any decent way. A project without funding is a stillborn mind-baby. One has to do better, but any kind of cloud funding directly linked to this project doesn't sit well with me.

Quick solution:
I work through 3 projects for free. All on-line, no personal contact, { . . . we are in the 3rd millennium ;) }

First I thought I throw myself behind GC-TechSpace projects, but that is single-line and no chance of even becoming dynamic one day.

Then I thought I offer this to iPledge as this would give them an edge above all other CloudFunding sites for a while and we go from there. Better, as iPledge seems to have become the chosen platform for GC-TechSpace projects nobody at GC-TechSpace would loose out. It's wider - but still not dynamic.

I'm an Industrial Management Engineer with strong mechanical engineering, software engineering, patent and prior art research as well as quality control and marketing experience.

So all up, yes, I could do it all alone but I can see a by far better way now if it isn't just me but a limited joining of forces to see what happens.

If at least two members of GC-TechSpace and with approval from GC-TechSpace commit to doing their best to help 3 selected projects at iPledge I'm happy to coordinate the effort and contribute to the iPledge projects as I intended anyway.

GC-TechSpace would get all the effect from iPledge's marketing effort which we give an unbeatable spearhead for 3 selected projects in return. (I can smell more here - but I can't see it)

I get:
  • preliminary information of the project via email for me/us to decide if I/we can make a significant difference or not as well as to address the possible need of me/us signing a CDA.
  • a notification email that a cloud hosted, read-only document has been shared with my email address.
I copy the document, edit it and share it with the team. (Any ideas for a platform to work the project?)

Once we are all happy with our effort the result is forwarded to an employee of iPledge for perusal and to pass on to the client.

The key to well working dynamic combinations is to find the 3 cornerstones that fit together and things can be driven round and round. With the above there would be 2 to start with, which allows to play ping-pong at least.

Opinions, critique, suggestions on this . . .  - tnx in advance.
. . . all the best,

Darn, it's past midnight again ... good night ;)

Our Sponsors

People in this
Meetup are also in:

Sign up

Meetup members, Log in

By clicking "Sign up" or "Sign up using Facebook", you confirm that you accept our Terms of Service & Privacy Policy