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The Entrepreneurial Engineer

Maiden voyage

Sean Murphy
7/30/2010 11:15 PM EDT

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skmurphy
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re: Maiden voyage
skmurphy   8/12/2010 12:23:55 AM
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Iqbal, you appear to be based in Texas where the laws about non-compete are much stronger than CA. One question any potential investor is going to have is "is this new product unrelated to any work you have done or lines of business that your current employer is engaged in?" One good book on the entrepreneurial journey is Barry Moltz's "You have to be a Little Crazy" which I would encourage you to read. Normally seed funding comes from "Friends and Family" so I would put together a 1-2 page business plan that outlines how much money you need to get to your first risk reducing milestone that would justify additional investment. Feel free to contact me directly at http://www.skmurphy.com/ although most of my professional focus is on bootstrapping not raising investment.

skmurphy
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re: Maiden voyage
skmurphy   8/12/2010 12:08:55 AM
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Thanks, you can contact me directly via http://www.skmurphy.com/ where you will also find more than 600 blog posts devoted to entrepreneurship, bootstrapping, and EDA among other topics. This will be new material on the EET website I welcome any advice or suggestions you have for topics that are of the most interest or use. Warm Regards Sean Murphy

IqbalSingh.Josan
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re: Maiden voyage
IqbalSingh.Josan   8/6/2010 9:18:05 PM
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Sean, I want to know your views about getting pre-seed funding to build a prototype that has commercial potential. What are the likely places where an entrepreneur electronics engineer can find this kind of money? Thanks My Blog: www.uspurtek.com

Mark Wehrmeister
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re: Maiden voyage
Mark Wehrmeister   8/5/2010 4:02:39 AM
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Welcome back Sean! You have chosen to take on some pretty meaty topics on this blog, but it is a welcome diversion form the deep technical articles usually found on the EETimes site. I can't wait to see which of these topics you cover first!

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